News
Joblessness soars, income drops, manufacturing shrinks, govt reports
October 3, 2008First time applications for unemployment benefits skyrocketed to a seven year high in September as more workers lost their jobs in an economy that John McCain described, only two weeks ago, as “basically sound.” Initial jobless...
Read moreWORLD NOTES: October 4
October 3, 2008Venezuela: Human Rights Watch official expelled Accusing Jose Miguel Vivanco of visiting Venezuela to sow confusion, the government expelled the head of the Americas section of Human Rights Watch on Sept. 18. HRW recently issued a...
Read moreBlack Caucus: Predatory lending caused meltdown
October 3, 2008WASHINGTON — “A crisis of credit, housing and jobs” is confronting the country today, warned Marc Morial, president of the Urban League, at a Congressional Black Caucus town hall meeting here Sept. 25. Headlined “Foreclosure Crisis:...
Read moreBilly Bragg sounds off on Wall Street mess
October 3, 2008'The response of Main Street to the idea of bailing out Wall Street is all about Main Street wanting some accountability from the capitalist system,' said musical legend and political activist Billy Bragg in a recent...
Read moreAs Detroit reels, council slams misplaced economic priorities, corporate greed
October 2, 2008If we were in a medical crisis instead of an economic one, a triage would be set up and this city would be first in line for assistance. The Motor City, whose residents have produced so...
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