Day April 15, 2008

AngryRenter.com says no mortgage bailouts

Sure, some bought houses with little or no down with risky variable rate mortgages and are now feeling the pain. But they all weren’t deliberately scamming the system, and buyers, mortgage companies, and investment banks were all part of the…

World Bank climate profiteering

How exactly, does this work, you ask? Quite simply: The Bank finances a fossil fuel project, involving oil, natural gas, or coal, in Poor Country A. Rich Country B asks the Bank to help arrange carbon credits so Country B…