A complete guide to the Wall Street crisis

Articles and Resources on the Economic Crisis

The week of September 15, 2008 has been a dramatic and unprecedented
period in the world of high finance. The economic crisis is not over
despite what some pundits and politicians have claimed. A series of
government interventions have changed the map of banking and finance.

So what does it all mean? What will be impact of the Wall Street
bankruptcies, bailouts and blunders on working people in this country
and worldwide? What’s the solution to the crisis?

Perhaps only time will tell the full extent of the impact. Needless to
say, this week’s developments don’t bode well for the future. Here are
some thoughts from contributors to the People’s Weekly World and
Political Affairs and leaders of the Communist Party on the current
economic crisis, the policies that got us to this point and the
historical precedents.

We will update this resource list in the days and weeks to come, as the
full scope of the crisis is better known.

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Week of Sept. 15:

EDITORIAL:
Bailout Main Street
Sept. 19, 2008

Economic
Meltdown
By Joel Wendland:
Sept. 19, 2008

Wall Street
meltdown wallops Main Street
By Phil Cadman
Sept. 19, 2008

Things
Fall Apart: Wall Street and the Crisis of US Imperialism

By Joe Sims and Joel Wendland
Sept. 19 2008

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From Archives:

Is Freddie Mac
really never coming back?
By John Wojcik
Sept. 8, 2008 — People’s Weekly World

Got money?
By Marilyn Bechtel
Aug. 15, 2008 — People’s Weekly World

Mac
the Knife: Cut the Needy to Feed the Greedy
By Joelle Fishman
July 24, 2008 — Political Affairs

Interview
with Doug Henwood, Left Business Observer
May 29, 2008 — Political Affairs

It’s
Time for a New Deal
By Norman Markowitz
May 29, 2008 — Political Affairs

Financial
Crisis and Class Struggle

By Paulo Nakatani and Rémy Herrera
May 28, 2008 — Political Affairs

Foreclosures point to systemic crisis
By Denise
Winebrenner Edwards
April 4, 2007 — People’s Weekly World

Bailout goes to
Wall Street, not Main Street
By John Wojcik
March 20, 2008 — People’s Weekly World

Weathering
the Storm: the economic recession
Video interview with Sam Webb
March 10, 2008 — Communist Party USA

Unions tackle
housing, foreclosure crisis
By John Wojcik
March 9, 2008 — People’s Weekly World

Interview
with Art Perlo, CP Economics Commission
Feb. 15, 2008 — Political Affairs

To fix economy
put working class first
By Teresa Albano
Jan. 24, 2008 — People’s Weekly World

Banks bilk
homebuyers, Black, Latino families hit hardest
By Tim Wheeler
Jan. 19, 2008 — People’s Weekly World

A look behind
the housing crisis
By Art Perlo
Aug. 30, 2007 — People’s Weekly World

Mortgage crisis
stoked by incredible greed
By Susan Webb
Aug. 16, 2007 — People’s Weekly World

Corporate
thievery, a new political moment
By Sam Webb
July 20, 2002 — People’s Weekly World

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En Español:

La crisis
económica y las viviendas

Por Art Perlo
26 de Julio, 2008 — Nuestro Mundo