economy
California budget: Back to Square One, as disaster looms
January 9, 2009he Gordian knot that is California’s budget process got a lot more complicated this week, as Republican Governor Arnold Schwarzenegger Jan. 6 vetoed a complex of compromise budget measures legislative Democrats sent him for signature, after...
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10 truisms of capitalism from the mouths of robber barons
November 13, 2008The callousness and greed of today’s bankers, financiers and corporate CEOs calls to mind the 19th century robber barons. Here’s a relevant sample of classic statements made by some of the worst U.S. capitalists in history.
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To bail or not to bail?
October 2, 2008The difficulty in sealing a deal to relieve the financial crisis is no surprise. People on Main Street are fuming over the Bush administration’s $700 billion “cash for trash” proposal to bail out Wall Street at...
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OPINION: Finances and the current crisis: How did we get here and what is the way out? Part 2
October 2, 2008The 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...
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OPINION: Finances and the current crisis: How did we get here and what is the way out? Part 2
October 1, 2008The 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...
Read more