Our Global Economic System is Really, Really Dumb
With the Chinese stock market going into free fall, and stocks plummeting around the world, the financial industry is panicking. When the money men start panicking, it's probably prudent for pretty much everyone else to start panicking too. As of today, the Dow Jones has ...read more
Can We Get Rid of the Goldman Sachs Influence in Government?
(photo by quaziefoto) by Ben Cohen The financial crisis and the Government's response has basically highlighted the fact that the U.S doesn't work as a functioning democratic country. A functioning democracy would have held those responsible for gambling the nation's resources ...read more
Time To Let GM Die
$30 billion isn't a bailout. $30 billion is a whole new car company. General Motors Corp said on Tuesday it could need a total of up to $30 billion in U.S. government aid -- more than doubling its original aid -- and would run out of cash as soon as March without new federal ...read more