Day September 27, 2008

Gas shortages: get ready for more

The long lines and closed pumps seen across the South this week are a warning: inventories are way too low. The problem is that Hurricane Gustav and Ike knocked out refinery production that is still not back online, and supply…

Foreclosure firewalls

John Robb says local communities need to act now to delay or eliminate foreclosures, else the coming tsunami of foreclosures triggered by the financial crisis will create crime-ridden ghost towns and the collapse of local governments. He cites a Philadelphia…

Rebirth of populism

Nicholas Roberts/AFP/Getty Images We are just now witnessing the leading edge of a populist uprising in the country. People are angry, and watch what they’ve been working for vanish while the ultra wealthy who destroyed major financial institutions get millions…