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financial crisis

financial crisis

Counter Insurgency at home?

Three Way Fight

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and look, what timing! Just when the president, politicians and various economists start saying that the Apocalypse may just be around the corner if $700B isn’t injected into the economy, the are starting a redeployment of ...

quick overview of the massive bailout bill

Three Way Fight

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from the Wall Street Journal. following is a summary of the 110 pages being submitted for the potential Monday morning vote by Congress.Shape of Massive Bailout Bill Starts to Develop Definition

Chickens with their heads cut-off: Pt. Deux

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reposted from NYTimes.comDay of Chaos Grips Washington; Talks Over Bailout Plan Implode By DAVID M. HERSZENHORN, CARL HULSE and SHERYL GAY STOLBERG Published: September 25, 2008 WASHINGTON — The day began with an agreement that Washington ...

a System in flux: trying to get our brains wrapped around the crisis in capitalism

Three Way Fight

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central ideas growing from this “threewayfight” discussion board is that the System – capitalism and the administrative States – represent dynamic sets of entities in a constant flux of shaping and reshaping themselves. beyond the Systems ...

Capitalism in Crisis?

Three Way Fight

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the following is from a larger discussion between different individuals and organizations on the nature of fascism and the potentials and limitations of anti-fascist organizing. that discussion will be published in the near future, however, with ...

Financial Weapons of Mass Destruction

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by Paul Bowman – Workers Solidarity Movement Everything comes tumbling down With financial giants toppling at rates that shock even seasoned financial commenter, many of us are left wondering, how did this state of affairs come ...

Kevin Phillips interviewed on the Bill Moyers Journal

Three Way Fight

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Phillips gives a sobering yet refreshing interview. A long-time capitalist analyst, Phillips says that this is only the mid point of a process the end of which is unknown and not particularly inspiring. The interview covers ...

The Paulson-Bernacke Bank Bailout Plan: Will the Cure be Worse than the Crisis?

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Reposted from Counterpunch by Michael Hudson Saturday’s $700 billion junk mortgage bailout is the largest and worst giveaway since a corrupt Congress gave land grants to the railroad barons a century and a half ago. If ...

Overview of the Financial Crisis

Three Way Fight

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reposted from the Maoist discussion blog Kasama Posted by John Steele on September 22, 2008 Following are articles and excerpts from some news stories and analysis on the financial crisis over the past week, including recent ...