investment

Why I'm Rooting for 3 Big Economic Bubbles

alternet.org — We need a healthcare bubble, an infrastructure bubble and a green bubble right now -- or else the whole thing will pop.

Thanks to Global Warming deniers in both government and industry, we are at least 25-years behind the curve on addressing human contributions to global climate change. And there's simply no way normal market forces are going to spend what it will take to catch up. In fact many industries, like coal and oil, have taken a page right out of the old Big Tobacco playbook, pumping out junk science and junkier scientists to counter such efforts.

The only way to catch up is to ignite the same animal passion that fuels every bubble - greed. "Make some green by investing green," needs to become one of America's investment mantras. "A healthy American is a consuming American" is another good one.

There are some early signs that just that kind of thing may be beginning to happen. With Democrats back in power, and the billions of fresh dollars rolling off the presses in DC, investors smell new opportunities in new places - the kind of places Democrats and the incoming Obama administration say they favor - healthcare, infrastructure and all things green.

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Eric Lotke's picture

A Consensus Emerges: Build, and Build Big

Stimulus plans don’t mean tax rebates worth a few tanks of gas and a restaurant dinner. Stimulus plans means new roads and bridges, aid to states so they won’t lay off nurses and teaching assistants, and a down payment on a new energy economy with windmills and commuter rail.

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Eric Lotke's picture

With A Compass, Not A Roadmap

Political change happens with a compass, not a roadmap. Obama has clearly indicated which way he wants to lead. Our job is to push him forwards and keep him on course.

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The Investment Deficit in America

Yesterday’s Achievements, Today’s Problems, Tomorrow’s Solutions

America grew up investing in its land and its people. Today, our post-World War II infrastructure is starting to decay, and so is the educational system that helped build our modern middle class. This report comprehensively examines our investment deficit. It documents yesterday’s achievements, today’s problems and tomorrow’s solutions. more »


David Sirota's picture

The Bailout And The Innocent Bystander Fable

The Innocent Bystander Fable is making its debut on the issue of the Wall Street bailout. The Bush administration is handing over taxpayer cash to banks, and banks are subsequently refusing to lend more money, instead either using the money to pay out executive bonuses or to buy up smaller banks. That's utterly outrageous, yet we see Democrats already claiming they can do nothing about it:

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Isaiah J. Poole's picture

Bailout Ripoff: How To Fight Back

We're still getting a bad deal in the Wall Street bailout even after Treasury Secretary Henry Paulson changed course and decided to use some of the $700 billion approved by Congress to invest directly in banks rather than use it to buy toxic financial assets, according to Robert Johnson, former chief economist for the Senate Banking Committee and Wall Street fund manager. more »

Under Strain, Cities Are Cutting Back Projects

nytimes.com — Cities, states and other local governments have been effectively shut out of the bond markets for the last two weeks, raising the cost of day-to-day operations, threatening longer-term projects and dampening a broad source of jobs and stability at a time when other parts of the economy are weakening.

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Eric Lotke's picture

Sweeten the Deal

The bailout package failed. Republicans didn’t line up behind their leadership, unconvinced about the size, the urgency or even the rightness of rescuing tycoons from their own mistakes. more »

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Eric Lotke's picture

Building Our Way Out

The economy is sinking. Wages are flat, costs are rising and bridges are collapsing. Wall Street doesn’t know which way is up.

The answer is right before us. Bridges and dams and schools.

America needs rebuilding. And the American people need jobs. Put one and one together.

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Bill Scher's picture

Undoing A Failed Legacy on Public Investment

The conservative failure in public investment, and progressive solutions for addressing that failure, is the subject of my interview with Eric Lotke, the research director of the Campaign for America's Future, on WHMP-AM, where I was substituting for Bill Dwight. Lotke points out the consequences of years of disinvestment in public assets, including examples of how we are falling behind other countries, and discusses some solutions now being considered by progressive-minded leaders in Washington.

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