>What’s Really Bankrupt

>The Wall Street Model: Unintelligent Designby Pam Martenswww.counterpunch.org (September 20/21 2008)Wall Street is collapsing not because of bad mortgage debt or lack of capital or over-leverage. Those are merely symptoms. Wall Street is collapsing because it deserves to collapse; it needs to collapse in order for America to survive. The economist Joseph Schumpeter called it … Continue reading >What’s Really Bankrupt

>A note of appreciation from the rich

>by Author Unknownhttp://www.informationclearinghouse.info/ (September 21 2008)Let's be honest: you'll never win the lottery.On the other hand, the chances are pretty good that you'll slave away at some miserable job the rest of your life. That's because you were in all likelihood born into the wrong social class. Let's face it - you're a member of … Continue reading >A note of appreciation from the rich

>Congressional Backbone Needed

>by Ralph NaderPosted by nimda in In the Public Interestwww.nader.org (September 24 2008)Congress needs to show some backbone before the federal government pours more money on the financial bonfire started by the arsonists on Wall Street.1. Congress should hold a series of hearings and invite broad public comment on any proposed bailout. Congress is supposed … Continue reading >Congressional Backbone Needed