Socialism is a dangerous word in America. This kid of spin happened when Stuart Ewen writes about in the Social History of Spin. Now they’re … Altering Bailout RulesRead more
Economics
Posted inEconomics / Housing / USA Empire
Home for people
By the end of 2008, slightly more than nine percent of all mortgages in the US were either delinquent or in foreclosure, this according to … Home for peopleRead more
Posted inEconomics / Financial crisis
The Silent Depression
One of the most important findings is that—the idea that the African American community never emerged out of the 2001 recession. As the country was … The Silent DepressionRead more
Posted inEconomics / Financial crisis
Financial Crisis
The Asian model of development, which is based on a free flow of capital and of dependence on exports, was something that was taught to … Financial CrisisRead more
Posted inEconomics / Financial crisis / USA Empire
America’s Economic Crisis
Both the House and Senate are set to vote today on the $789 billion economic stimulus package. The vote follows weeks of political wrangling that … America’s Economic CrisisRead more
Posted inEconomics / Financial crisis / USA Empire
James Galbraith on bailout
The crucial question is, on what terms does the Treasury plan to guarantee or to repurchase or to otherwise deal with the bad assets that … James Galbraith on bailoutRead more
Posted inEconomics / India
Indian stock market
FII took 500 million dollar from indian market. We dont know whether that money is took by US Fii or Mauritias Fii. We dont know … Indian stock marketRead more
Posted inAutomobiles / Climate Disaster / Economics / Global Warming / Oil
Hidden truth
For more than a decade the Global Climate Coalition, a group representing industries with profits tied to fossil fuels, led an aggressive lobbying and public … Hidden truthRead more
Posted inEconomics / Social
Interview with Muhammad Yunus
The financial crisis not happened till now in Bangladesh. We are waiting for the sunami to hit us. Migrant worker are coming back. But in … Interview with Muhammad YunusRead more
Posted inEconomics / Financial crisis / USA Empire
New Economic Team of US
On Monday Obama named New York Federal Reserve Bank President Timothy Geithner to the post of the Treasury Secretary. Former Treasury Secretary under Clinton Lawrence … New Economic Team of USRead more