Wall Street Crash

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Want to Close Guantanamo? No Problem

Kathy Rose | Posted 09.12.2009 | Politics

Read More: Guantanamo Closure, Bahamas, Manhattan, Wall Street Crash, Palau, Guantanamo Detainees, Guantanamo, New York, Politics News

Why is everyone making such a fuss about where to move the men who are still at Guantanamo? I have the solution. I live in a huge anonymous apartment building in Manhattan...

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Hallelujah, Salvation Is At Hand! Or Is It?

Dan Dorfman | Posted 09.11.2009 | Business

Fundamental problems are not being resolved, but rather papered over: the excess debt of low quality, excess speculation in the financial markets and mushrooming debt and deficits.

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How Bear Markets End

Henry Blodget | Posted 05.08.2009 | Business

Read More: Wall Street Crash, Stocks, Bear Market, Business News

The bear phases of these markets lasted from 3-30 months (we're currently in month 17). The drop from 1929-1932 was also about 30 months.

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The Secret Formula That Destroyed Wall Street

Wired | Felix Salmon | Posted 03.30.2009 | Business

Read More: Wall Street Crash, Wall Street Formula, Wall Street, Business News

A year ago, it was hardly unthinkable that a math wizard like David X. Li might someday earn a Nobel Prize. After all, financial economists--even Wal...

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The Oscars: Party Like It's 1929 ...

Martin Lewis | Posted 03.23.2009 | Entertainment

Read More: Paris Hilton, Oscar, Peter Fonda, Richard Dreyfuss, Martin Landau, Wall Street Crash, Academy Awards, Elliott Gould, The Oscars, Jennifer Tilly, Rod Steiger, Kevin Pollak, Lynn Redgrave, James Cromwell, r.d. Laing, Tony Curtis, Great Depression, The Academy Awards, William H. Macy, Lindsay Lohan, Glynis Johns, Vanity Fair, David Paymer, Sammy Glick, Dennis Hopper, Hollywood, Matthew Modine, Los Angeles, Hector Elizondo, Danny Aiello, Vanity UNfair, Shallow Insincere People, Jamie Fox, Rip Torn, Diane Ladd, Oscars, Ernest Borgnine, Shelly Winters, Mazola, Julie Benz, Sean Astin, Krista Allen, Chris Pine, Eddie Griffin, Captain Kirk, Entertainment News

Perhaps we can celebrate in the same spirit that inhabited that first Oscars at the Hollywood Roosevelt Hotel in May 1929, just 5 months before the whole world slid into the economic abyss.

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The Crash of Flight 1549: Maybe the Best Metaphor for 2009 We Could Hope For

Raymond Leon Roker | Posted 02.15.2009 | Home

Read More: Wall Street Crash, Stock Market Crash, Positive Thinking, Hope, Market Crash, US Airways Crash, Airplanes, Hudson River Plane Crash, Plane Crash, Faith, 2009, Crash, Chesley B. Sully Sullenberger, Home News

Maybe the story of this jet crash is exactly the real life fable we needed seared into our nation's consciousness. What if yesterday's "miracle" was a perfect metaphor for 2009?

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Obama: Vacation's End

William Bradley | Posted 02.02.2009 | Politics

Obama's vacation ends like many of ours have over the years. With pleasant memories behind and significant problems ahead.

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The Great Depression, The New Deal, World War II and the Crash of '08

Larry Beinhart | Posted 01.16.2009 | Politics

Read More: Taxes, Energy, Depression, Wall Street Crash, Economy, Deficits, New Deal, Green, Bubble, World War II, Crash, Politics News

Let's start with what everyone can agree on. There was a Great Depression, then the New Deal, then World War II. Also, that America emerged from tha...

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What Recession?

Lauren Cahn | Posted 01.16.2009 | Style

My question to anyone who cares to answer is: who is out there buying the Louboutin pumps? The Vivier booties? The Hermes scarves, the Chloe bags? Is it you? Or anyone you know?

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Why Not a "Bailout" That Restructures Health Care to Benefit All?

Michele Swenson | Posted 12.14.2008 | Business

Read More: Economic Crisis, Framing Issues, Comprehensive Health Care Reform, Single-Payer Health Care, Financial Crisis, Medicare for All, "Free-Market" Health Care, Health Care Crisis, Prescription Drug Reform, Medicare Advantage Plans, Wall Street Crash, Barack Obama Health Care Policy, Barack Obama Health Care, Congressional Bailout Package, Subprime Mortgages, Congressional Bailout, Business News

"Free-market" health care is as perverse an incentive as free-market police and fire protection would be, leaving everyone vulnerable, at the mercy of the marketplace.

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My Interview With Noam Chomsky on the Economy

Ben Cohen | Posted 12.04.2008 | Business

Read More: Wall Street Crash, Noam Chomsky, Vietnam, Bush Administration, Iraq War, South America, Torture, Economy, Chomsky, Poltical Commentary, Political Intellectual, Economic Intellectual, Economic Commentary, Alan Greenspan, Business News

Noam Chomsky's encyclopedic knowledge of political, philosophical and economic issues is simply breathtaking, as is his ability to break complex subjects down to their rawest essentials.

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New President, New CRA

Mark Winston Griffith | Posted 11.30.2008 | Business

Read More: Economy, Community Reinvestment, Community Reinvestment Act, Subprime Crisis, Phil Gramm, Wall Street Crash, Fdic, Bank Reform, Acorn, Obama Administration, Credit Crisis, Bank Loans, Barack Obama, Cra Reform, Cra, Subprime Mortgages, McCain Campaign, Financial Crisis, Business News

This nation doesn't need a weaker CRA, but a re-conceived and far stronger tool in the effort to ensure ready access to quality, non-discriminatory, financial services in all communities.

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Paulson Deal Cheats American Taxpayers

Leo W. Gerard | Posted 11.30.2008 | Business

Read More: Goldman Sachs, Hank Paulson, Wall Street, Wells Fargo, U.S. Treasury, Henry Paulson, $700 Billion Bailout, Warren Buffett, Congress, Alan Greenspan, American Dream, Richard Kovacevich, Wall Street Crash, Stockholder Bonuses, Congressional Bailout, Financial Crisis, Treasury Secretary, Corporate Bonuses, Business News

We need to bury the philosophy that worships only business, free markets, deregulation and free trade, and replace it with an economic program that rebuilds the middle class.

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The Olympics of the Swindles

Major R. Owens | Posted 11.28.2008 | Business

The present economic collapse, which will surely devour more than a trillion taxpayer dollars within the next six months, utilized an earlier model -- the Savings and Loans swindle.

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Cost Of The Crash: $2.8 Trillion

Guardian | Posted 11.27.2008 | Business

Read More: Crisis Cost, Cost of the Crash, Financial Crisis, Wall Street Crash, $2.8 Trillion, Business News

Autumn's market mayhem has left the world's financial institutions nursing losses of $2.8tn, the Bank of England said today, as it called for fundamen...

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Deutsche Bank Calls for A Green Economic Recovery Plan

Frances Beinecke | Posted 11.27.2008 | Green

If these trends in the fossil fuel markets continue, prices will drop, but that means companies won't invest in new projects. Inevitability, we will be looking at a brownout future.

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Why The Government Can't "Fix" the Crisis

Danny Schechter | Posted 11.25.2008 | Business

Read More: Moral Hazard, Bernanke, Hedge Funds, Consumer Spending, Greenspan, Fianacial Crisis, Greed, Treasury Department, Depression, Free Market Capitalism, Federal Reserve Bank, Market Confidence, James Suriwieki, Capitalism, Recession, Lehman Bros, Aig, JPMorgan Chase, Consumer Confidence, Wall Street Crash, Congressional Bailout, William Buitner, Bear Stearns, Alan Greenspan, Market Collapse, Business News

In what was for many an unbelievable chain of events, markets started melting down, confidence shattered and believers in unregulated transactions realized something was very, very wrong.

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When It Comes to Slicing the American Pie, McCain Serves Only the Rich

Leo W. Gerard | Posted 11.24.2008 | Politics

Read More: Saks Fifth Avenue, Republican National Committee, John McCain, Joe the Plumber, Karl Rove, Poverty, Hank Paulson, Middle Class, Election ’08, Federal Reserve, Drew Griffin, $700 Billion Bailout, Valentino Garavani, Democrats, Sarah Palin, Barack Obama, Cnn, Unemployment, Wall Street, Joe Sixpack, Brother’s Keeper, Health Insurance, San Francisco, Paul Krugman, Foreclosure, Ben Bernanke, Socialist, Mortgage Bankers, Stimulus Package, Costco, Wall Street Crash, Financial Crisis, Obama Socialist, Obama Convention Speech, Congressional Bailout, Deregulation, Politics News

McCain and Palin are running around the country pretending the GOP ticket represents the best interests of the working class and small business owners. It's all false rhetoric and no real action.

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Indie Music: A Soundtrack for Troubling Financial Times

Georgianne Nienaber | Posted 11.20.2008 | Entertainment

Read More: Entertainment, Atlanta, Tad Armstrong, Economy, Lee Kennedy, Linda Bolley, Independent Music, Music, Sonia Tetlow, Recession, Family Values, Claire Holley, Neworleans, Financial Crisis, Wall Street Crash, Entertainment News

Like southern sweet tea on a hot afternoon, everything about the album Hush is just plain excellent and singer/songwriter Claire Holley's voice is nothing short of achingly beautiful.

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Questions in a Time of Crisis

Tony Campolo | Posted 11.14.2008 | Business

Read More: Living Beyond One's Means, Foriegn Oil, National Debt, Indulgent Lifestyles, Wall Street Crash, Alternative Energy, Economic Crisis, Foriegn Oil Dependency, Financial Crisis, Credit Crisis, Alternative Energy Investment, War in Iraq, Congressional Bailout Package, Bailout Bill, Denmark, Business News

It is popular these days to blame our economic troubles on the greed of corporate CEO's. Yet we have to face up to the reality that we are ourselves major culprits in this financial fiasco.

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Serena: This Fall's Most Dangerous Novel

Jeff Biggers | Posted 11.07.2008 | Media

Read More: Wall Street Crash, Appalachia, Environmental Movement, Wall Street Crisis, Great American Novel, Novels, American Literature, Logging, Green Living, Thomas Wolfe, Ron Rash, Sarah Palin, North Carolina, Timber, Fiction, Toni Morrison, Dorothy Allison, Media News

As unforgettable as a haunting mountain ballad, Serena unfolds like a brilliantly conceived cautionary tale and mediation on the dark corners of unbridled lust to profit at any cost.

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The Upside of Economic Apocalypse

Michael B. Laskoff | Posted 11.07.2008 | Politics

I wouldn't wish the current economic situation on ourselves. But we're here, and I can find real cause for optimism in an electorate that suddenly understands what we're up against as a country.

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Martial Law?

Jayne Lyn Stahl | Posted 11.06.2008 | Business

Read More: Financial Crisis, Economic Crisis, Federal Bailout, Wall Street Crash, Blackwater, Economy, Ellen Degeneres, Paul Andrew Mitchell, Lehman Brothers, Federal Reserve, Brad Sherman, Martial Law, Police State, Business News

This bailout is nothing more than the biggest bait and switch swindle that has ever been perpetrated on the American taxpayer.

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It's the Economy, Stupid!

Hermene Hartman | Posted 10.31.2008 | Politics

Read More: Election 2008, Barack Obama, First Presidential Debate, Presidential Debates, Bailout, Small Business, John McCain, Tax Increase, Wall Street Crash, Economic Crisis, George W. Bush, Vice-Presidential Candidates, World Economy, Entrepeneurship, Middle Class Economics, Financial Crisis, Warren Buffett, American Idol, Politics News

At a time of crisis, intelligent rule and leadership are crucial for the masses and the world's economy. I am praying that level heads prevail, to save our country and our economy.

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