The Central Question Posed by the Great Crash

By: Saturday April 21, 2012 4:00 pm

The Great Crash posed one question for this country: who would bear the losses? Would it be the banks that caused the problems? The officers, directors and shareholders of those banks? Their careless counterparties? The investors who bought the fraudulent real estate mortgage-backed securities and the complex spin-offs? The owners of capital who threw money into hedge funds and other exotic investments expecting a geyser of money in return?

No.

 

This Labor Day — Americans Need a Job

By: Monday September 6, 2010 1:45 pm

Over 14.9 million American workers remain unemployed. Americans must demand that economic policies provide the framework to create good paying jobs at home during the next decade with the least amount of outsourced labor and materials.

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