Monday, 8 August 2011

The Credit Crisis Rages On

By Mike Whitney

What does it all mean? Continue


A New Historic Low

By Zachary A. Goldfarb

Lowering the nation’s rating one-notch below AAA, the credit rating company said “political brinkmanship” in the debate over the debt had made the U.S. government’s ability to manage its finances “less stable, less effective and less predictable.” Continue



By Noam Chomsky

What remains of political democracy has been undermined further as both parties have turned to auctioning congressional leadership positions. Continue



By John Perkins

It is about destroying democracy, emasculating government-by-the people, and replacing it with government-by-the corporatocracy. Continue



By Michael Moore

From time to time, someone under 30 will ask me, "When did this all begin, America's downward slide?" They say they've heard of a time when working people could raise a family and send the kids to college on just one parent's income. Continue