White House Forecasts No Job Growth Until 2010...
STRESS TEST LESS: Fed cut banks' deficits after negotiations...
Significantly scaled back size of shortfalls...
Is Anyone Minding the Store at the Federal Reserve?
U.S. Taxpayers Risk $9.7 Trillion on Bailout Programs
By Mark Pittman and Bob Ivry
The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s home mortgages. Continue
Did Bernanke pull the economy back from the brink?
By Mike Whitney
The stock market surge doesn't help working people who get paid by the hour and don't have the extra money to bet on equities. They can't move numbers from one ledger to another and magically show a profit. They have to balance their check books, show up on time, and play by the rules. For these people--the bulk of working Americans--the future has never been grimmer and less certain. Continue
The Patriotic Retirement Plan
"How Would You Fix the Economy?"
By St. Petersburg Times
The St. Petersburg Times Newspaper, Business Section asked readers for ideas on "How Would You Fix the Economy?" This guy nailed it! Continue
Populism is Not a Style
It's a People's Rebellion Against Corporate Power
By Jim Hightower
A majority of folks today hold within them the live spark of populism--which is an innate distrust of corporate tycoons and Wall Street titans and an instinct to rebel against them. The moment can come again. As Goodwyn tells us, "the triumph of Populism...was the belief in possibility it injected into American political consciousness." Continue