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139054
<![CDATA[Bailing Out a Leaky Boat]]>
http://www.huffingtonpost.com/judith-blau/bailing-out-a-leaky-boat_b_139054.html
As the sub-prime mortgage crisis spread to all financial sectors of the U.S. economy and quickly to the rest of the world, the media heaped praise on governments for bailing out financial institutions. The media have also been uncritical in their assessments of high-level meetings to save capitalism itself: a meeting of European leaders on October 1, a meeting of western leaders at Camp David on October 18, and the Asia-Europe Meetings (ASEM) held on October 24-25.
Throughout the Fall,...
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2008-11-29T05:12:00-05:00