Economy : Lee Sustar Wall Street's worst-ever week was part of a global stock market meltdown that could signal a far more devastating stage of the financial crisis.
October 11, 2008 : Alan Maass The financial disaster shaking the world today is the result of a free-market system that protects the wealth of a few, while the rest of us pay the price.
October 10, 2008 The bankers in Chicago are angry with--of all people--the county sheriff, who is refusing to forcibly remove residents from foreclosed properties.
October 10, 2008 : Eric Ruder SocialistWorker.org takes a graphical look at how Washington's bailout for Wall Street could be used to help working people.
October 10, 2008 : Eamonn McCann For a generation, the financial consultants and policymakers intoned a mantra celebrating the majesty of the free market.
October 8, 2008 : Lee Sustar World stock markets greeted Congress' passage of the so-called Troubled Assets Relief Program with an international meltdown.
October 7, 2008 : Lee Sustar For everyone who can't make heads or tails of the media's account, SocialistWorker.org explains the causes and consequences of the financial crisis.
October 6, 2008 : Adam Turl Economists may be quibbling over whether a recession has officially begun, but the standard of living for workers has already taken a deep cut.
October 3, 2008 : Donna Smith A health care activist describes how she was treated when she called her congressional representatives to ask for a "no" vote on the Wall Street bailout.
October 1, 2008 : Lee Sustar SocialistWorker.org answers your questions about the worst financial crisis since the Great Depression--and what U.S. political leaders are doing in response.
September 24, 2008 : Petrino DiLeo Deregulation caused the financial chaos that is hammering an already slumping world economy--and both Democrats and Republicans are to blame.
September 18, 2008 : Petrino DiLeo The politicians have little to say about the fast-talking mortgage companies that dumped sub-prime mortgage loans on inexperienced borrowers.
September 15, 2008 : Lee Sustar The expectation of rising living standards for each generation of U.S. workers has given way to a low-wage economy where it's a struggle to get by.
September 12, 2008 : Zach Zill While the mortgage meltdown is making headlines, renters are being priced out of affordable housing, too, especially in cities like New York.
September 12, 2008 : Lee Sustar The government bailout of Fannie Mae and Freddie Mac could cost tens of billions of dollars--and taxpayers will be the ones to pay.
September 9, 2008 It's hard to grasp the immensity of ExxonMobil's profits for the second quarter of this year--the biggest of any corporation in U.S. history.
August 15, 2008 : Lee Sustar Despite the latest statistics showing U.S. economic growth, the figures on jobs and inflation reflect an economy that's still on the decline a year after the financial crisis began.
August 7, 2008 : Chris Carlson The media reported that the collapse of the Doha Round of trade negotiations is a big failure for the world’s poor countries. But is this true?
August 5, 2008 : Deborah Goldsmith The failure of IndyMac Bank was the latest sign that the U.S. financial system remains on wobbly legs--and there's more trouble ahead at other banks.
July 24, 2008 : Petrino DiLeo There are enough vacant homes in the U.S. to provide shelter for nearly half the world's homeless population. But for capitalism, that's bad news.
July 22, 2008 : Lee Sustar The emergency government intervention to support mortgage companies Fannie Mae and Freddie Mac is the latest sign of a deepening world financial crisis.
July 16, 2008 Outside a food pantry in Chicago, almost anyone you talk to is working, or just lost their job, or is retired and trying to make ends meet.
July 11, 2008 : Lee Sustar Workers are enduring a sharp cut in living standards caused by rising food and gas prices--while a credit crunch, caused by the housing crisis, drags on.
July 3, 2008 : Petrino DiLeo Housing prices are falling even more rapidly while politicians benefit from a cozy relationship with the mortgage industry they plan to bail out.
June 27, 2008 As many as 3,000 people lined up outside a welfare office on the false rumor that emergency food vouchers would be distributed to those in need.
June 26, 2008
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