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Commentary & Opinion

October 7, 2008
Conditions in U.S. and Global Financial Markets Remain Extremely Strained

By: The President’s Working Group on Financial Markets

Washington, DC-- The President's Working Group on Financial Markets issued the following statement 10/6: Conditions in U.S. and global financial markets remain extremely strained. The President's Working Group on Financial...


October 7, 2008
Lexis Nexis - AC
Barney Frank's Bankrupt Ideas

By: Investor's Business Daily

 

Financial Rescue: Democrats created the mortgage crisis by forcing banks to give loans to people who couldn't afford them. Now Obama and Biden want bankruptcy judges to bail out the same deadbeat homeowners. And once again,...


October 7, 2008
Lexis Nexis - AC
Wake Up, America History Is About To Repeat Itself. It Can Be 1938-42 All Over Again.

By: Investor's Business Daily

 

A nation that doesn't know history is destined to repeat its serious mistakes. People swayed by carefully crafted political propaganda relentlessly repeated and effectively delivered can easily lose their freedom and way of...


October 7, 2008
Lexis Nexis - AC
American Worker Needs Bailout; 'Rescue Package'; For The Working Class; Would Go Far Toward; Stimulating Economy; Amid The Credit Crunch

By: Newsday (New York)
BY MICHAEL ZWEIG. Michael Zweig is a professor of economics and director of the Center for Study of Working Class Life at Stony Brook University.

 

Now that Congress has dealt with the Wall Street crisis, it's time to turn immediate attention to the expanding crisis on Main Street by adopting an economic stimulus package that will help to reverse the recession we are...


October 7, 2008
Lexis Nexis - AC
Free Market's Demise? Don't Bet On It; Despite Crisis, Americans Remain Wary Of Government Control; CRISIS ON WALL STREET

By: The International Herald Tribune
Alex Berenson - The New York Times Media Group

 

Is this the end of American hypercapitalism?

For nearly a generation, the United States has driven its growth by deregulating markets, reducing tax rates and promoting trade. Across wide swaths of the economy - from airlines to...


October 6, 2008
Lexis Nexis - AC
A Replay Of 1929? Don't Count On It

By: Investor's Business Daily

 

Financial History: Those who don't know history are destined to repeat its serious mistakes. Today some have asked if we could have another 1929-like depression. No, it should not happen.

Those who don't know history are...


October 6, 2008
Lexis Nexis - AC
Accounting Rule's Impact Unclear


By: USA TODAY
Matt Krantz

A hotly contested accounting rule at the center of the financial crisis has reared up again in the bailout bill, but not in a way that will answer questions for months.

 


October 6, 2008
Lexis Nexis - AC
To Drill Or Not To Drill Is Not The Question

By: Christian Science Monitor
Michelle Moore

 

To drill or not to drill is the wrong question.

Real solutions to the energy and climate crisis are available today if we focus on what we have in abundance instead of arguing over what's exhaustible and dwindling - namely...


October 5, 2008
Lexis Nexis - AC
Drowning In The Bailout; The Bill Had To Pass, But Its Final Incarnation - Loaded With Pork That Will Push Our Debt Even Higher - Is A Sad Statement On Washington

By: Newsday (New York)

 

Facing the threat of economic chaos, Congress did what it had to do last week when it ultimately approved a bailout bill aimed at stabilizing troubled financial markets and restarting the flow of credit to businesses and...


October 5, 2008
Lexis Nexis - AC
When Times Get Really Bad; A Look At The Symptoms Of Economic Downturns, From The Great Depression To Now

By: Newsday (New York)
BY TOM INCANTALUPO.
tom.incantalupo@newsday.com

 

 

WITH bank failures in the thousands, more than a quarter of the workforce jobless and everyone's incomes down by more than a fourth, there was nothing to rival the Great Depression as an economic nightmare. The recessions of...


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