October

What is voter fraud?

During the last presidential debate, Republican nominee John McCain made the following remark: “ACORN is now on the verge of maybe perpetrating one of the greatest frauds in voter history in this country, maybe destroying the fabric of democracy.”

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Nationalize banks, employ unemployed

Last week the major economies of the world, including the United States, European Union, United Kingdom, China, Russia and Brazil carried out an unprecedented and coordinated reduction of interest rates. The effort itself was not immediately successful.

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The crisis of family debt

There is broad consensus among labor unions and progressive organizations, economists and politicians that we need a bottom-up solution to the economic crisis. That is, the priority should be fixing Main Street, not Wall Street. The main proposals include:

OPINION: Midway Airport privatization -- another rip-off of the public

CHICAGO-- Without much public discussion, the Daley Administration is set to privatize Midway Airport for $2.5 billion.

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Why McCain suspended his campaign

John McCain got lucky last week. Less than 24 hours after the New York Times broke a story about McCain’s campaign manager, Rick Davis’ ties to the Freddie Mac, the big home lender that failed during the Wall Street collapse, the story disappeared from the headlines.

OPINION: Finances and the current crisis: How did we get here and what is the way out? Part 2

The turmoil in financial markets and the bailout to the tune of $700 billion has turned the public eye and wrath on Wall Street and Washington. While millions are aware of the triggering causes, ranging from predatory lending to deregulation to insatiable greed, what isn’t so obvious is the longer-term process that brought our financial system and economy to the edge of the abyss.

OPINION: Finances and the current crisis: How did we get here and what is the way out? Part 2

The turmoil in financial markets and the bailout to the tune of $700 billion has turned the public eye and wrath on Wall Street and Washington. While millions are aware of the triggering causes, ranging from predatory lending to deregulation to insatiable greed, what isn’t so obvious is the longer-term process that brought our financial system and economy to the edge of the abyss.