Day: November 7, 2008

financial crisis Uncategorized
November 7, 2008

Socialist International: Statement on the Global Financial Crisis

http://www.socialistinternational.org/viewArticle.cfm?ArticlePageID=1303 The following is from the Socialist International Statement on the Global Financial Crisis.  I’ve been trying to find additional sources and discussions related to unique approaches to ‘solving’ the crisis that’s been thrust upon us all (and I mean, the globe), so if you have links or other sources, please provide them in the comments. STATEMENT ON THE GLOBAL FINANCIAL CRISIS The financial crisis […]

disaster capitalism economics Uncategorized US economy
November 7, 2008

The High Cost of Defense

This article shows the return to a warrior economy. During the Clinton years, the US government was almost able to pay off its bills because this administration had reduced defense spending.  Not a lot, but enough. At the dawn of the Bush age, we saw an iunprecedented increase in ‘defense’ spending that has nearly bankrupt the US economy. With any luck, Obama will curb the […]