Posted on 21 March 2008. Tags: Bear Stearns, Class Warfare, Economics, Federal Reserve, Financial Crisis, Subprime Mortgages, Unemployment
This just out via the Associated Press: The number of newly laid off workers filing for unemployment benefits rose last week to the highest level in nearly two months, providing more evidence that the weak economy is having an adverse impact on the labor market. The Labor Department said Thursday that applications for jobless […]
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Posted on 17 March 2008. Tags: Bear, Class Warfare, Economics, Federal Reserve, Financial Crisis, Stearns, Subprime Mortgages
We will get a window on how bad it could get in about 20 minutes when the stock market opens. Stocks will drop like a rock if the overnight trends are any indication: European and Asian stocks fell Monday in response to renewed worries about the financial strength of the world’s banking system after […]
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Posted in General Interest
Posted on 17 March 2008. Tags: Bear, Class Warfare, Economics, Federal Reserve, Financial Crisis, Stearns, Subprime Mortgages
We will get a window on how bad it could get in about 20 minutes when the stock market opens. Stocks will drop like a rock if the overnight trends are any indication: European and Asian stocks fell Monday in response to renewed worries about the financial strength of the world’s banking system after […]
Read the full story
Posted in General Interest
Posted on 10 March 2008. Tags: Class Warfare, Economics, Federal Reserve, Financial Crisis, Subprime Mortgages
A short post today since it’s big fundraiser day. Paul Krugman reports: The scariest thing I’ve read recently is a speech given last week by Tim Geithner, the president of the Federal Reserve Bank of New York. Mr. Geithner came as close as a Fed official can to saying that we’re in the midst […]
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Posted on 10 March 2008. Tags: Class Warfare, Economics, Federal Reserve, Financial Crisis, Subprime Mortgages
A short post today since it’s big fundraiser day. Paul Krugman reports: The scariest thing I’ve read recently is a speech given last week by Tim Geithner, the president of the Federal Reserve Bank of New York. Mr. Geithner came as close as a Fed official can to saying that we’re in the midst […]
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Posted in General Interest
Posted on 05 March 2008. Tags: 2008 Elections, Barak Obama, Chapter 11, Class Warfare, Economics, Hillary Clinton, John Edwards, Marcy Kaptur, Sherrod Brown, Super-Delegates, Trade
I’m frankly unmoved by the arguments circulating that so-called super-delegates have to vote one way or another. The system for political primaries is broken and the super-delegate issue–discovered mainly by people who never objected to their status before–is just one problem. But, since the super-delegates may have a crucial role at the Democratic convention, […]
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Posted in General Interest
Posted on 05 March 2008. Tags: 2008 Elections, Barak Obama, Chapter 11, Class Warfare, Economics, Hillary Clinton, John Edwards, Marcy Kaptur, Sherrod Brown, Super-Delegates, Trade
I’m frankly unmoved by the arguments circulating that so-called super-delegates have to vote one way or another. The system for political primaries is broken and the super-delegate issue–discovered mainly by people who never objected to their status before–is just one problem. But, since the super-delegates may have a crucial role at the Democratic convention, […]
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Posted in General Interest
Posted on 04 March 2008. Tags: "Free Trade", 2008 Elections, Barak Obama, Class Warfare, Economics, Fast Track, Hillary Clinton, NAFTA, Wisconsin Fair Trade Coalition
So, it will be interesting to see how much trade really stays front-and-center once the politicians think it’s not something they have to talk about. But, we can still talk about trade on the Monday before tomorrow’s primary votes. Though I’m not convinced that Barack Obama will be a big improvement on trade, […]
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Posted in General Interest
Posted on 04 March 2008. Tags: "Free Trade", 2008 Elections, Barak Obama, Class Warfare, Economics, Fast Track, Hillary Clinton, NAFTA, Wisconsin Fair Trade Coalition
So, it will be interesting to see how much trade really stays front-and-center once the politicians think it’s not something they have to talk about. But, we can still talk about trade on the Monday before tomorrow’s primary votes. Though I’m not convinced that Barack Obama will be a big improvement on trade, […]
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Posted in General Interest
Posted on 01 March 2008. Tags: "Free Trade", 2008 Elections, Barak Obama, Chapter 11, Class Warfare, Economics, Hillary Clinton, John Edwards, NAFTA
Today, I have two very specific questions for Sens. Obama and Clinton that have nothing do with whether they would choose pearls over diamonds, what underwear they might don or how much they paid for a haircut but, rather, what they would do as president in handling trade around the globe. I hope these […]
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Posted in General Interest