Issue 676 | July 18, 2008

  • The emergency government intervention to support mortgage companies Fannie Mae and Freddie Mac is the latest sign of a deepening world financial crisis.

Economy

National

  • The tributes for Jesse Helms after his death called him a man of "stubborn principle." But the principles he actually stood for make most people's skin crawl.

International

  • The G8 governments have failed to act on their repeated pledges to aid Africa--and impoverished Africans are suffering for it.

  • At the G8 summit, the heads of the world’s most powerful governments did nothing more about the global food and environmental crises than mouth rhetoric.

  • Chinese government officials are organizing to head off any protests that could tarnish China's image in the lead-up to next month's Olympic Games.

  • The Colombia hostage "rescue" has led to some unexpected developments--including a friendly meeting between rivals Álvaro Uribe and Hugo Chávez.

Opinion

  • By shifting to the right on a range of issues, Obama is sending a signal to the ruling elite that he will be a loyal servant of their interests.

History and Traditions

Labor

Activist News

Readers' Views

  • The Department of Veterans Affairs has been exposed not only to Congress, but also to the national and international media, for its deplorable treatment of veterans.

  • As in just about every city, the police in Boston are flooding into neighborhoods and increasing surveillance, all in the name of cracking down on violence.

  • I was 12 years old when the Exxon Valdez tanker hit the Bligh Reef in 1989, spilling 11 million gallons of crude oil in to Prince William Sound.

  • It's not fair to make smokers pay for handouts to insurance companies, nor is it fair to penalize people suffering from an addiction.

Books and Entertainment

  • Mike Marqusee's new book powerfully strips Zionism of its claim to represent and speak for all Jews around the world.

  • The Incredible Hulk captures the amoral and villainous nature of the military's hierarchal food chain, while providing plenty of thrills.