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.
It’s easy to scoff at a rock star like Bono pairing up with
economist Jeffrey Sachs. But their tireless lobbying for debt relief
for the poorest nations could make a real difference for the 1 billion
people who live on less than a dollar a day.
Companies like Boeing, Dell and Daimler-Chrysler know how to extort
tax cuts and subsidies from states eager to keep jobs from fleeing. But
taxpayers, community groups and even a Supreme Court review are pushing
back on corporate giveaways.
Fitful efforts to rebuild the Gulf Coast unfold against a backdrop
of looming economic disaster: rising unemployment and interest rates,
misplaced priorities and a recession that will hurt the weakest most.
As Asian countries grow in economic power, Africa lags behind the developed world. Can it ever catch up? Will corruption, geography and disease continue to hold it back?
Guest worker programs are a threat to the communities Central American
migrants forge as they sweep across the US. These programs undermine
the economic rights of immigrants and natives alike.
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.
The hurricane-driven windfalls for GOP-connected
businesses continues, and so do the scandals of widespread corruption
among George Bush’s cronies. And the rest of us are played for suckers.