Posted on 24 September 2008. Tags: Bailout, Financial Crisis, Housing, John Sweeney, Wall Street
I’ve just been given a letter that John Sweeney is sending today to every Senator. Here it it is. It makes all the right points, with this being the key nut graf: It proposes a grant of unlimited authority to the Bush Administration to spend $700 billion of the public’s money to […]
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Posted in General Interest
Posted on 24 September 2008. Tags: Financial Crisis, Housing, Labor, Market Fundamentalism, Wall Street
Since I posted yesterday’s appeal to labor to really dive into the financial crisis, I’ve gotten a number of calls or emails pointing to various statements made by labor leaders. As I said yesterday, I’m truly glad that John Sweeney, Andy Stern and others have made strong public statements. BUT…statements are not enough. […]
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Posted in General Interest
Posted on 18 September 2008. Tags: Financial Crisis, Housing, Wall Street
That isn’t my rhetoric. That comes straight from the voice of Wall Street this morning, The Wall Street Journal: Worst Crisis Since ’30s, With No End Yet in Sight By JON HILSENRATH, SERENA NG and DAMIAN PALETT The financial crisis that began 13 months ago has entered a new, far more serious phase. Lingering […]
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Posted in General Interest
Posted on 24 November 2007. Tags: Bankruptcy, Housing Bubble, Renters, Wall Street
As you continue to digest your Thanksgiving meals, remember that there are the fortunate and the unfortunate. In America, that means that the fortunate are the CEOS of Wall Street and the unfortunate are housing tenants who are losing their homes thanks to the greed of the very CEOS on Wall Street. First, […]
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Posted in General Interest