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Economy

Sub-categories: Finance   Business   Employment   Labor
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  • Courts Helping Banks Screw Over Homeowners (Matt Taibbi)

    Retired judges are rushing through complex cases to speed foreclosures in Florida Nov. 10, 2010 (Rolling Stone) -- The foreclosure lawyers down in Jacksonville had warned me, but I was skeptical. ...

    Read more...
  • Erin Go Bust (Mike Whitney)

    Nov. 11, 2010 (Information Clearing House) -- There was a bank run in Ireland Wednesday. LCH Clearnet, a London-based clearinghouse, surprised the markets by announcing it would increase margin ...

    Read more...
  • Joining In The Dance (John Michael Greer)

    Joining In The Dance (John Michael Greer)

    Nov. 10, 2010 (Archdruid Report) -- Recent headlines, it seems to me, put an interesting slant on the much-ballyhooed claim that we live in an information society. I’m thinking here especially of ...

    Read more...
  • Slide in Home Prices Signals Trouble Ahead: IAS (Carrie Bay)

    Nov. 9, 2010 (DSNews) -- Residential property values fell 0.2 percent at the national level during the third quarter of this year, according to Integrated Asset Services (IAS). In front of ...

    Read more...
  • Outrage, Misguided (Noam Chomsky)

    Nov. 4, 2010 (New York In These Times) -- The U.S. midterm elections register a level of anger, fear and disillusionment in the country like nothing I can recall in my lifetime. Since the Democrats ...

    Read more...
  • A Recipe for Fascism (Chris Hedges)

    A Recipe for Fascism (Chris Hedges)

    Nov. 8, 2010 (Truthdig) -- American politics, as the midterm elections demonstrated, have descended into the irrational. On one side stands a corrupt liberal class, bereft of ideas and unable to ...

    Read more...
  • Nine stories the press is underreporting -- fraud, fraud and more fraud (Dan Froomkin)

    From liars' loans to liars' liens, the financial and foreclosure crisis has been one big story of banks defrauding their customers -- a vast criminal enterprise. You wouldn't know it from a lot of ...

    Read more...
  • New Ways Bankers Are Spying on You (Karen Blumenthal)

    Nov. 6, 2010 (Wall Street Journal) -- Big Banker is watching you -- more closely than ever. With lenders still skittish about making new loans, credit bureaus and others are hawking services that ...

    Read more...
  • Finance Has Become a New Form of Warfare: An interview with professor Michael Hudson (Democracy Now!)

    Nov. 5, 2010 -- (Democracy Now!) -- The Federal Reserve will pump $600 billion more into the U.S. economy and keep interest rates at historical low levels. The short-term impact of the Fed’s move, ...

    Read more...
  • It Was the Banks (James K. Galbraith)

    Nov. 5, 2010 (CommonDreams.org) -- Bruce Bartlett says it was a failure to focus. Paul Krugman says it was a failure of nerve. Nancy Pelosi says it was the economy's failure. Barack Obama says it ...

    Read more...
  • Watch Out: The World Bank Is Quietly Funding a Massive Corporate Water Grab (Scott Thill)

    Nov. 2, 2010 (AlterNet) -- Billions have been spent allowing corporations to profit from public water sources even though water privatization has been an epic failure in Latin America, Southeast ...

    Read more...

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