I need a big black stimulus. The $15 per week tax cut, courtesy of the Obama plan, will allow me to introduce diversity into my ramen noodle diet, but will not provide much else. African Americans need just a tad bit more.

Remember all those headlines about how the baby boom cohorts just lost several trillion dollars in home equity due to the collapse of the housing bubble and how they lost trillions more in their retirement accounts as a result of the stock market crash?

In the middle of one of the worst economic crises in American history and with massive spending projected to create new jobs and loosen the credit markets, the Obama administration has called a "fiscal responsibility" summit for this Monday, Feb. 23.

If those numbers are to be considered alarming, consider the situation facing African American workers. This January the Black jobless rate hit 12.9 percent; it was 9.2 percent in January 2008. That's an increase of 3.7 percent points over 13 months.

Newspapers are now filled with articles on the great economic crisis engulfing world capitalism. Few leave us any the wiser. Most of them desperately attempt to explain how it all went wrong without questioning its very essence.

With foreclosures skyrocketing and U.S. families sinking deeper into poverty, a number of organisations are turning to a new strategy to end homelessness: moving families into vacant, foreclosed houses that are currently owned by banks or the government.

What do you do when congressional Republicans, out of a rigid ideological desire to see you fail, appear set to block any proposal you make? Go around them.

Nearly 30 percent of Blacks have zero net worth. We should remember racial inequality is most pronounced during economic hard times.

When President Barack Obama signed the American Recovery and Reinvestment Act into law Tuesday, Feb. 17, he put into motion a mammoth effort to invest in the US economy and create or save 3.5 million jobs over the next two years.

Peace and justice activists in Virginia's Fifth District were thrilled last November when we and our neighbors replaced Congressman Virgil Goode with Tom Perriello.

With the collapse of several banks and insurance companies, the near bankruptcy of Detroit automakers, a 50 percent drop in world stock exchanges and an almost complete arrest of credit markets, an economic era has ended.

The election of Barack Obama has been historical. Historical not simply because Barack Obama is the first African American president, but also because his election victory represents another page in the history of a struggle of a whole people who have aspired to freedom and equality.

“Depression economics” is a term that Krugman came up with over a decade ago. His main point is that monetary policy, once you get into a depression, becomes ineffective, and the only possible way to manage the economy or influence its direction once interest rates have reached zero – which, coincidentally, they are pretty close to right now.

ATLANTA - About 75 local and state activists descended on the Georgia State Capitol Thursday, February 12, 2009, via a boisterous caravan to unveil The People's Bailout, a plan for ordinary Georgians.

President Obama's economic stimulus package won final passage in Congress Friday, Feb. 13. The White House is expected to hold a prime time ceremony to sign the bill into law and set in motion a massive effort to jump start the failing economy.

The United States is facing an economic crisis unlike any it has seen 80 years. Already trillions have been spent on the bailout by the Federal Reserve and FDIC. Now the Congress is about to approve an economic stimulus that will cost more than $800 billion.

As the economy crumbles and the unemployment rate soars, government intervention in the economy has shifted from being an ideological position to a necessity. Bank failures and mass bailouts have led to calls for nationalization of the financial system.

Treasury Secretary Tim Geithner this week presented an outline of the Obama administration's Economic Rescue Plan. He presented it in the general context of the Obama's administration's strong criticism of the banks and brokerage houses and their auxiliaries aka finance capital.

Week after week, we see the global economy contracting at a pace worse than predicted by the gloomiest analysts. We are now, it is clear, in no ordinary recession but are headed for a global depression that could last for many years.

The Executive Secretary of the Economic Commission for Latin America and the Caribbean of the United Nations (ECLAC), Ana Bárcena, confirmed the positive social statistics referred to by President Hugo Chávez during an interview with journalist Patricia Janiot last week on CNN.