Monthly Archives: March 2010
There’s going to be another crash. The commercial real estate bubble hasn’t burst yet. That’s going to burst. The credit card debt is so huge right now, it will never be repaid. That’s a house of cards waiting to fall. … Continue reading
Fuel Taxes Must Rise, Harvard Researchers Say By SINDYA N. BHANOO To meet the Obama administration’s targets for cutting greenhouse gas emissions, some researchers say, Americans may have to experience a sobering reality: gas at $7 a gallon.
…the country is now immersed in a “doomsday cycle” wherein banks use borrowed money to take massive risks in an attempt to pay big dividends to shareholders and big bonuses to management – and when the risks go wrong, the … Continue reading
Whether it’s textiles in the Carolinas, paper in New England or steel in the Midwest, most industrial cities and mill towns “are on pins and needles,” says Donald Schunk, an economist at Coastal Carolina University. “Day to day, week to … Continue reading
Impeach Bush. War criminals. Cheney, Halliburton and torture. Illegal war. Spying on Americans. Secret prisons. shredding of our Constitution. Sacrificed our values. Bush lied, people died. Waterboarding is torture. Rather than seeing things in terms of “policy differences”, those further … Continue reading
America has been denied in its thirst for a leader. We are experiencing trying times, engaged in two wars, several states on the verge of economic collapse, a banking system that has a peculiar relationship with our federal government, staggering … Continue reading