credit crisis


Isaiah J. Poole's picture

Revenge Of The Plastic

A bill that will clamp down on some of the most egregious practices of credit card companies is rushing toward final passage in the Senate, and the industry—and its conservative buddies—are gearing up for retaliation.

For example, one conservative group has already said that if this bill is signed into law, more black people will be denied credit cards. more »

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Many Majorities

thenation.com — Americans wanted an end to a war that should never have started, they wanted an end to economic policies that were widening the gap between rich and poor and pushing the middle-class into the yawning chasm between, they wanted to replace a president who been dubiously elected with one who had secured the trust of the great mass of Americans.

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Global Crisis Should Spell End of Laissez-Faire

ipsnews.net — The real question to ask about the global financial crisis is whether ‘‘it will go deep enough for the big economies to realize that the market should be controlled more. The philosophy of laissez-faire simply does not work’’.

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