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Corporate Accountability and WorkPlace

My Depression -- or Ours? My Depression -- or Ours?

Tom Engelhardt, Tomdispatch.com. October 14, 2008.
The Bush administration managed to turn that misplaced we had fear after 9/11 into something like prophecy and bring down the house.

From the blogs

Stock Market Drops 107 Points During Bush's Speech on the Economy

That's the kind of confidence Bush inspires these days.

Dow Dips Below 8,000; Anxiety, Anger at all Time Highs

The long-held dominant economic paradigm is under fire.

The Spiral Continues: Panic in the Markets

For those of you who slept well last night, here is what happened.

Fixing the Financial Mess Would Be Easier if We Weren't Dealing with the World's Worst Scumbags

Corporate America has earned the 'crisis of legitimacy' in which it now finds itself.

AIG Blows Through Taxpayers' Money at the Ritz

Your tax dollars at work ... er ... play.

AIG Execs Receive a Flogging from Congress

Watch as AIG CEOs Robert Willumstad and Martin Sullivan get harshly criticized by members of Congress.

Now Gay People? Flailing Right Blames Everyone but Wall Street for Financial Mess

Desperation is in the air.

As the Economy Tanks, McCain's Prospects Dim

McCain campaign wants to talk about anything but the issue that's dominating the news and voters' minds.

World Markets Tank in Wake of Bailout Passage; Dow Dips Below 10,000

The message is: this won't work ...

The Governator Requests $7 Billion Federal Bailout for California

This doesn't bode well.

Mexico Braces for Economic Blow; Immigration Adds to Complexity of the Issue Mexico Braces for Economic Blow; Immigration Adds to Complexity of the Issue

Diego Cevallos, IPS News. October 13, 2008.
The Mexican government has taken emergency financial measures to withstand the winds of crisis from the United States.

Financial Crisis Is Highly Unlikely in China Financial Crisis Is Highly Unlikely in China

Ying Zhao, New America Media. October 13, 2008.
As the financial crisis in the United States spreads around the world, China appears to be safe.

Financial Meltdown 101 Financial Meltdown 101

Arun Gupta, Indypendent. October 13, 2008.
Everything you ever wanted to know about the biggest economic meltdown since the Great Depression but were afraid to ask.

Not My Financial Crisis -- I've Got Literally Nothing to Lose Not My Financial Crisis -- I've Got Literally Nothing to Lose

Alexander Zaitchik, AlterNet. October 13, 2008.
Like most people I know in their 20s and 30s, it takes a stretch of the imagination to understand that I have a stake in the national economy.

How World Leaders Can Reverse the Economic Meltdown How World Leaders Can Reverse the Economic Meltdown

Dean Baker, Mark Weisbrot, Campaign for America's Future. October 12, 2008.
A broader stimulus package is desperately needed to right a listing economic ship.

Expanding Flawed E-Verify System Will Hurt Lawful Workers Expanding Flawed E-Verify System Will Hurt Lawful Workers

Michele Waslin, New America Media. October 12, 2008.
A misleading report by an anti-immigration "think-tank" doesn't change the fact that the system isn't reliable.

Recession? Depression? How Deep, How Far and What Can Be Done? Recession? Depression? How Deep, How Far and What Can Be Done?

Joshua Holland, AlterNet. October 11, 2008.
A survey of what some of the best thinkers believe we're facing in the coming months and years -- and the best ways to prevent complete disaster.

The Woman Who Could Have Prevented This Financial Mess Was Silenced by Greenspan, Rubin and Summers The Woman Who Could Have Prevented This Financial Mess Was Silenced by Greenspan, Rubin and Summers

Katrina vanden Heuvel, TheNation.com. October 11, 2008.
A sad tale emerges of willfully arrogant behavior designed to undermine a wise woman's good judgment.

Why the Bailout Won't Help Why the Bailout Won't Help

Mark Weisbrot, AlterNet. October 10, 2008.
The bailout's supporters said Congress had to do something to unfreeze the credit markets. It didn't work.

Henry Paulson: Good Businessman or Very Bad Communist? Henry Paulson: Good Businessman or Very Bad Communist?

David Sirota, AlterNet. October 10, 2008.
Is Paulson looking to socialize risk and privatize gain? The answer could be the difference between economic disaster and recovery.

How Badly Can the 'Experts' Ruin the Planet? How Badly Can the 'Experts' Ruin the Planet?

Robin Broad, John Cavanagh, AlterNet. October 10, 2008.
Look no further than the World Bank to see how many economic, social and environmental problems so-called experts can make worse.

Financial Crisis: Deep Down, We All Knew This Was Coming Financial Crisis: Deep Down, We All Knew This Was Coming

Robert Bryce, CounterPunch. October 10, 2008.
Given the countless warnings that came via Bush's decadent approach to government and regulation, there should be zero surprise we'd be robbed blind.

How Scary the Economy Would Be in McCain's Hands How Scary the Economy Would Be in McCain's Hands

Jared Bernstein, Huffington Post. October 9, 2008.
McCain's economic plan contradicts his recently held fundamental views and is far out of touch with the needs of the country.

Let's Just Say You Had $700 Billion to Spend Let's Just Say You Had $700 Billion to Spend

Allison Stevens, Women's eNews. October 9, 2008.
A look at what we could do instead with $700 billion to spend fixing up our world.

Progressive Voter Guide to the Economy Progressive Voter Guide to the Economy

AlterNet. October 9, 2008.
From the housing crisis to the minimum wage, a look at where the candidates stand on nine important economic issues.

Wall Street's Meltdown: How America Caught Speculative Fever Wall Street's Meltdown: How America Caught Speculative Fever

Sam Pizzigati, Too Much: A Commentary on Excess and Inequality. October 8, 2008.
To fix the U.S. economy, we don't need a bailout that rescues the rich. We need a bailout that soaks them.

Bailout a Done Deal -- So What Happens Now? Bailout a Done Deal -- So What Happens Now?

Henry Blodget, Huffington Post. October 7, 2008.
Here's my prediction of what will follow.

Unions Talk Race as Election Nears Unions Talk Race as Election Nears

Jane Slaughter, Labor Notes. October 7, 2008.
Will Obama's record on economic issues be enough to overcome some union members' race prejudice?

Corporations Have Big Plans to Profit from Global Warming Corporations Have Big Plans to Profit from Global Warming

Jill Richardson, AlterNet. October 7, 2008.
A bunch of multinationals have figured out how to make their pollution-based businesses seem like the solution to the climate crisis.

The End of American Capitalism? 5 Short Takes on Where the Financial Crisis Might Be Headed The End of American Capitalism? 5 Short Takes on Where the Financial Crisis Might Be Headed

Al Jazeera. October 7, 2008.
Five prominent economists share their thoughts on what's happening and how bad the situation really is.

If We Get Through This Crisis, We'll Face Another in 5 to 10 Years -- Here's Why If We Get Through This Crisis, We'll Face Another in 5 to 10 Years -- Here's Why

Joshua Holland, AlterNet. October 7, 2008.
You don't need a crystal ball -- history is repeating itself.

Will the Economic Meltdown Undermine Interest in Health Care Reform? Will the Economic Meltdown Undermine Interest in Health Care Reform?

Niko Karvounis, Health Beat. October 6, 2008.
The current bailout is costing us only a third of what we pay each year for chronic illnesses like cancer, diabetes and obesity.

Is It Time to Rethink State Ownership of Corporations? Is It Time to Rethink State Ownership of Corporations?

Jay Walljasper, AlterNet. October 6, 2008.
In the midst of a financial meltdown, a German brewery that's defying expectations raises questions about the role of government in the economy.

Truth, Lies, the Bailout and CEO Pay Truth, Lies, the Bailout and CEO Pay

Sarah Anderson, Sam Pizzigati, AlterNet. October 6, 2008.
The bailout does precious little to limit the extravagant pay that gives top executives the incentive to behave outrageously.

A Green Bailout: We Need Help for People Who Want to Save the Planet A Green Bailout: We Need Help for People Who Want to Save the Planet

Van Jones, Huffington Post. October 6, 2008.
Don't give platinum parachutes to those who wrecked the economy; let's throw a green lifeline to the people who want to rebuild it.

Working for Peanuts -- Downturn Hits the Streets of New York Working for Peanuts -- Downturn Hits the Streets of New York

Russell Morse, New America Media. October 6, 2008.
New York City is ripe with reminders of our current economic disaster.

They're Stealing from You and Me -- Where's the Outrage? They're Stealing from You and Me -- Where's the Outrage?

Garrison Keillor, International Herald Tribune. October 6, 2008.
It wasn't their money Wall Street was playing with. It was ours.

The Bailout: How Capitalism Killed Democracy The Bailout: How Capitalism Killed Democracy

David Sirota, AlterNet. October 4, 2008.
We now face market forces uninhibited by democratic governance. The bailout is an aggressive attempt to trade democracy for autocracy.

Capitalism Triumphs Over Democracy as Bailout Passes the House Capitalism Triumphs Over Democracy as Bailout Passes the House

AlterNet Staff, AlterNet. October 3, 2008.
After much arm-twisting, the financial giants get their pay-day.

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