Economy
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Boiler Rooms, Foreclosure Mills: The Story of America’s Mortgage Industry (Michael Hudson)
Oct. 8, 2010 (Center For Public Integrity) -- The news about the nation’s foreclosure scandal has been coming fast and furious, driven by tales of backdated documents, false affidavits and “rocket do ...
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The Secret Big-Money Takeover of America (Robert Reich)
Oct. 8, 2010 (Information Clearing House) -- Not only is income and wealth in America more concentrated in fewer hands than it’s been in 80 years, but those hands are buying our democracy as never be ...
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America’s Third World Economy (Paul Craig Roberts)
Oct. 8, 2010 (Information Clearing House) -- For a number of years I reported on the monthly nonfarm payroll jobs data. The data did not support the praises economists were singing to the “New Econom ...
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Bernanke Tells the Truth: The United States is on the Brink of Financial Disaster (Robert Wenzel)
Oct. 5, 2010 (EconomicPolicyJournal.com) -- Yesterday, Federal Reserve Chairman Ben Bernanke delivered a speech before the the Annual Meeting of the Rhode Island Public Expenditure Council in Provide ...
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The Bigot-Whisperers of the Right (Phil Rockstroh)
Phil Rockstroh -- World News Trust Oct. 7, 2010 -- I was born, at slightly past the midpoint of the Twentieth Century, in the Deep South city of Birmingham, Alabama -- “The Heart of Dixie.” My earlie ...
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Mortgage-Title Fraud: A National Catastrophe (Jeff Nielson)
Jeff Neilson Oct. 8, 2010 (Seeking Alpha) -- It is impossible to overstate the severity of the real estate crisis in the United States which has been caused entirely by the reckless fraud of the nati ...
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BofA Extends Freeze on Foreclosures to All 50 States (Michael J. Moore and Lorraine Woellert)
Oct. 6, 2010 (Bloomberg) -- Bank of America Corp., the biggest U.S. lender, extended a freeze on foreclosures to all 50 states as concern spread among federal and local officials that homes are being ...
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Record 41.8 Million Americans Receiving Food Stamps (Michael Krebs)
Oct. 6, 2010 (Information Clearing House) -- As the November midterm elections draw closer, the stubborn unemployment rate has pushed a record 41.8 million Americans onto food stamps. Representing an ...
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Drinks Are Free as Bartenders Refill Punchbowl (William Pesek)
Oct. 6, 2010 (Bloomberg) -- It has been 13 years since the Bank of Japan was freed from the clutches of politicians. What has it done since? Cut interest rates to zero and left them there. If that’s ...
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The Truth about Immigration (Mickey Z.)
Mickey Z. -- World News Trust May 18, 2010 -- Everything negative you’ve heard about immigration is true. In fact, all the election cycle talk about lazy parasites pouring over borders to leech off a ...
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Daschle Admits -- Then Denies -- That White House Agreed With Industry To Scrap Public Option (Brian Beutler)
Former Senate Majority Leader Tom Daschle acknowledged that the public option didn't survive the health care debate because of a "understanding" that the White House reached with health care industry ...
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