A Disaster of Daunting Magnitude
By Miami Herald
The eyes see. The ears hear. Yet, somehow, the mind struggles to grasp the full dimension of this catastrophe. Almost 20 million people need shelter, food and emergency care. That is more than the entire population hit by the Indian Ocean tsunami, the Kashmir earthquake, Cyclone Nargis and the earthquake in Haiti -- combined. Continue
Frozen in the Headlights
The Economy is in Big Trouble
By Mike Whitney
As the stimulus runs out, unemployment will edge upwards, deleveraging and debt liquidation will gain momentum, and the economy will succumb to another vicious contraction. Continue
The Banksters Strike Again:
Chase Bank and Obama's "Make Home Affordable" Scam
By Ted Rall
would like to express my unvarnished admiration for the ruthless cynicism that led the executives at Chase Home Finance to conceive of a fake lending branch entirely dedicated to increasing foreclosures, improving their public image, and driving distressed homeowners crazy. Continue
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