Nicholas von Hoffman, a veteran newspaper, radio and TV reporter and columnist, is the author, most recently, of Radical: A Portrait of Saul Alinsky, due out this month from Nation Books.
With 457 blunt-spoken words, John Murtha broke the spell that had held
the country captive to the misguided adventure in Iraq. It suddenly
became respectable to talk of a pullout. It was his finest moment: For
the first time, there is hope this war may end.
Home equity--for those lucky enough to own a house or condo--is a
primary source of economic security. But unsold inventory, rising
interest rates and record levels of mortgage defaults are making the
future look grim.
Flu vaccine is in short supply this season, and the reason is that
drug companies can't make as much money protecting us from disease as
from developing expensive treatments for niche illnesses.
As the Senate opens hearings this week calling energy execs to
account for their windfall profits on gasoline and natural gas, the
question must be asked: Is this price-gouging or just good
Interest rates nosed higher today as the Federal Reserve Board
sought to control inflation. But the impact of runaway inflation is
already being felt by workers whose wages will stagnate and whose
earning power is on a steep decline.
The privatization of the nation's greatest, once-public colleges and
universities is well under way. The loss of low-cost higher education
is a quiet tragedy, one that will severely limit the potential of
generations of future students.
Delphi's bankruptcy is a marker of a new America in which there is no
collective security, no union to make you strong, no government to give
you shelter, in which workers stand alone.
Stocks crash and housing prices tend to go down with a whisper. But a disturbing number of signs now point to a sudden burst of the real estate bubble.
Had your fill of spin and flimflam about the
greatness of corporate America? Here's the real truth about money, high finance and low, commerce,
clever tricks, globalism and globaloney.
New homes for those displaced by Hurricane Katrina need not be the
penitentiary-style public housing we've come to dread. Bring in
architects who know how to create human-scale dwellings for the poor.