May

Georgia to Benefit from Federal Stimulus Money

ATLANTA - Soon after President Barack Obama took the oath of office, US Congress passed the $787 billion American Recovery and Reinvestment Act (ARRA), sweeping legislation designed to stimulate a deeply troubled economy.

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Wall Street Bailout is Massive Transfer Payment to Rich

Last autumn (in 2008) we witnessed the owners of wealth change their tune from laissez faire capitalism to one of unprecedented government intervention in our financial system.

Bernie Madoff: Scapegoat

Elie Wiesel called him a 'God.' His investors called him a 'genius.' But, proving correct that old adage from the country and western song, you never really know what goes on behind closed doors.

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The People's Movement at 100 Days

The concept of examining a new presidency at the end of its first 100 days began with the first term of the Franklin D. Roosevelt presidency.

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Serving Global Capital, A Review of 'Marisol'

We live in the era of the global commons, but very few have actually met their neighbors – except as subalterns: household maids, hotel service-workers, nannies, most likely college-educated women from the Philippines.

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Obama and Roosevelt: A Comparison of the First 100 Days

Rome, as the old truism goes, wasn’t built in a day. Or in 100 days. Neither was the New Deal government led by Franklin Roosevelt of the 1930s, which eventually accepted and implemented major reforms in the interest of labor and the whole American people.

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Geithner’s 100 Days at Treasury

Most leading economists, international financial agencies, and heads of sovereign finance ministries agree with the assessment of the World Bank in its Global Monitoring Report 2009 (released April 2009) that the world economy is in the “severest crisis since the Great Depression.”

Light at the End of the Unemployment Line? (April 30)

As steam from President Obama's economic recovery act builds in the states and localities and new investments in infrastructure and job-saving programs start to flow, do the latest data from the Department of Labor suggest that the dismal unemployment situation may be turning a corner?

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