Month August 2007

Bank bailouts

Countrywide just got $11.2 billion in emergency funding while a major German bank has ben bailed out with 17.3 billion euros. So, if everything is so contained, why are major corporations getting bailed out as the Fed does emergency unscheduled…

A red-green future

From an interview with Derek Hall, writer, economist, and Principal Male Speaker of the Green Party of England and Wales. Capitalism is based on infinite economic growth, that is ecologically impossible and social injust. So if we are to tackle…