Neil Armstrong, Where Are You?
I'm homesick for July 1969 America - the same way Mike Collins felt homesick when he saw the tiny planet Earth from his command module... I don't want Henry Paulson, or George Bush, or Sarah Palin
HuffPost's QuickRead
The White House's Final Folly
In its final days in office, the White House has engineered an historic nuclear deal with India that Congress, unaware of the import, approved last week.
Seven Truths About the Sky Falling
Today, it's not all we have to fear, but fear itself is driving this thing the wrong way. We need to settle down. Suspend disbelief.
It's Time for Paulson to Cut the Crap and Do His Job
Paulson's statements that the economy would collapse if Congress didn't act were not true, and obviously he didn't believe them, since it has now been a week and we still don't have even the outlines of his plans.
Throwing in the Towel
A communication problem is not a policy problem. When it comes to policy, the central banks are acting.
To Regulate or Not: A Shift in the Political Landscape
With our economic crisis at a fever pitch, this age old debate about the normative role of government has taken on new connotations.
Next Time, Tax 'Em
One way to downsize the role of Wall Street and help curb its excesses would be a tax on financial speculators, known as a security transaction excise tax (STET).
Forcing Paulson to Be a Businessman, Not a Crony Communist
Those of us who opposed the bailout said, the way to deal with a credit crisis is to actually, ya know, deal with a credit crisis, and not use it to enrich Wall Street executives.
Who's To Blame?
I'm getting pretty sick of all attempts to complexify this question, so I'll lay it out for you right here. Who's to blame for this incredible mess? It's really clear.
Major New Bailout Good Move But Won't Stop Recession
The crash continues to roll from one market to the next, and huge new bailout talks are underway. The NIKKEI closed down 10%, and the FTSE is down 8%. The US and UK governments are working on a massive new bailout plan. These are some of the critical recommendations being put forth by economists: 1) Guaranteeing bank deposits, which will calm frantic runs on banks. 2) Guaranteeing interbank lending, which will enable banks to risklessly lend to each other again (this has all but stopped). 3) Injecting capital, which will tackle the heart of the banking problem, which is that most banks are now grossly undercapitalized. These are huge, positive steps that might begin to ease the credit markets.
Your Very Own Obama Ad
A few weeks ago I blogged here about a script for an Obama commercial that I would love to see. Well some hard-working folks actually took me up on it.
Cost of Forest Loss Exceeds Current Banking Crisis
The global economy is losing more money from the disappearance of forests than through the current banking crisis, according to an EU-commissioned study.
A Pastoral Strategy for an Economic Crisis
What is a Christian response to a deepening economic crisis like this? What should people of faith be thinking, saying, and doing?
Prescription for Dealing with Opposites
If, like most, you have been paying attention to the economy, politics, or the spin that politicians are placing on what is happening at national and global levels, then you're probably stressed out. Your mind reels. It's simply too much.
The Empty Campaign of John McCain
Why does McCain want to be president? Those who have followed him for years don't recognize his agenda, his tactics, his positions.
Recent Blog Posts
Most Popular Wall Street Crisis Stories
Realtime conversations about
Wall Street Crisis
Wall Street Crisis
- niklasgv
about 53 minutes ago
- jackddeal
about 1 hour ago
- upsetAtUSA
about 2 hours ago
- riebschlager
about 3 hours ago
- bheater
about 4 hours ago
Links From Digg, Delicious, and Google Blogsearch
Links
- The Wall Street Crisis Will Help ... Wall Street?
- What Wall Street Crisis? Mets Suites Selling Out
- Delta, US Airways shuttles feel effects of Wall Street crisis
- Breaking on the Web: Wall Street Crisis Edition
- WallStreetOasis.com: Prospective Bankers Undeterred by Wall Street ...
- Wall Street crisis
- The Wall Street Crisis, My Parents, and Me: Devastation on the Horizon
- Wall Street crisis hits GE
- Wall Street crisis and homes for sale in Florida
- Part II – Wall Street Crisis - Opening a Bank Account: Do Bank ...
- Secondary Sources: G-7 Meeting, Crisis, Recapitalizing Banks
- Raleigh Divorce Lawyer Says Wall Street Crisis Creates Financial ...
- Wall Street Crisis: Is Your Money Safe?
- Mets Sell Out $500000 Luxury Suites Amid Wall Street Crisis ...
- Amid Wall Street Crisis, Some States Forced to Take ‘Drastic Action’
- Breaking on the Web: Wall Street Crisis Edition
- Wall Street Crisis Should Be for Neoliberalism What Fall of Berlin ...
- Michael Moynihan: Fear and Reason on Wall Street
- Wall Street's Crisis: When All News is Bad News - TIME
- Wall Street Crisis
- Banksy’s in Town (or Is He?) and He’s Setting Up (Pet) Shop
- Seth Colter Walls: McCain Trumpets Endorsement From Figure O
- Understand the Financial Crisis
- Financial Turmoil Deepening In Europe
- See a Pattern on Wall Street?
- WTF?! Prosecutors will NOT go after Wall Street after all..!
- Wealthy Ca. Beach Town Desserted Day After Wall St. Bailout
- Seth Colter Walls: McCain Could Be Forced Out Of Pennsylvani
- Animal Instincts: Main Street Seeks Revenge on Wall Street
- As Wall Street Burns, Smokers Light Up
GUT-WRENCHING VOLATILITY... DOW FLUCTUATING WILDLY...
OPINIONS: Steve Forbes... Paul Volcker... Gordon Brown... More...
Want to reply to a comment? Hint: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to
I thought I saw Smiths' "Wealth of Nations" hard-cover for sale on the sidewalk at Borders - $0.49, buy two and get a free hot chocolate.
Mogamboguru See Profile I'm a Fan of Mogamboguru I'm a fan of this user permalink
I never thought I would see Karl Marx becoming the saviour of America in my lifetime.
No, I am not ironic - I really mean it.
------------------------------------------------------------------------------------------------------------------------------
Nova16 See Profile I'm a Fan of Nova16 I'm a fan of this user permalink
Karl Marx's Dialectic Materialism is coming to fruition. First we had man as a hunter- gatherer, then he took up grazing which evolved into agriculture, then manufacturing that evolved into capitalism we are now entering the socialistic phase of Dialectic Materialism which according to Marx will then evolve into communism. It's Marx vs Adam Smith. Guess who is winning ? For those railing against communism over the past several years, enoy the new system. It was Marx's prophecy that a mature capitalism would evolve into communism after a short love affair with socialism. The government will soon own all the facets of land, labor and capital, the $700 billion dollar "buyout" is a drop in the bucket as to what will be spent and controlled by the US government. Enjoy the economy, Comrades. Now, who wants lemonade?
-------------------------------------------------------------------------------------------------------------------------
Again, no irony:
This kind of communism exactly looks like the kind of societal cooperation without money, which is propagated in the "Start Trek"-SF-series. I always loved the simplicity and elegance of that model of life.
Who could imagine that in Star Trek, the ideal worlds of Karl Marx and Gene Roddenberry would finally meet?
Jack London said that the final evolution of capitalism is socialism.
Well, I always believed the theme of the civilization portrayed in Roddenberrys' creation followed Marx prescription to a certain degree.
Some feel this system is morphing into Fascism, others say Communism. Interesting.
Who's right?
....Aunty Em, it's a twister, it's a twister!!!
Could this whole financial "crisis" thing be a smokescreen for some other major event going on?