Opinion

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EDITORIAL: An insult to women

Sarah Palin’s selection as the Republicans’ vice-presidential candidate is an insult to women, and to the American people. It sent several disgusting messages.

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Why McCain suspended his campaign

John McCain got lucky last week. Less than 24 hours after the New York Times broke a story about McCain’s campaign manager, Rick Davis’ ties to the Freddie Mac, the big home lender that failed during the Wall Street collapse, the story disappeared from the headlines.

OPINION: How to solve the mortgage meltdown

It had to happen: Some Republicans are trying to blame the Democrats for the mortgage meltdown, and for the stock exchange crisis that this has triggered, because Democratic politicians have allegedly pushed laws to make it easier for lower income, inner city householders to get mortgages. Also, some are asking what’s the big deal about owning property anyway? Wasn’t it presumptuous and stupid for people who are one paycheck away from poverty to take on mortgage debt they couldn’t afford?

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To bail or not to bail?

The difficulty in sealing a deal to relieve the financial crisis is no surprise. People on Main Street are fuming over the Bush administration’s $700 billion “cash for trash” proposal to bail out Wall Street at taxpayer expense.

OPINION: Finances and the current crisis: How did we get here and what is the way out? Part 2

The turmoil in financial markets and the bailout to the tune of $700 billion has turned the public eye and wrath on Wall Street and Washington. While millions are aware of the triggering causes, ranging from predatory lending to deregulation to insatiable greed, what isn’t so obvious is the longer-term process that brought our financial system and economy to the edge of the abyss.

OPINION: Finances and the current crisis: How did we get here and what is the way out? Part 2

The turmoil in financial markets and the bailout to the tune of $700 billion has turned the public eye and wrath on Wall Street and Washington. While millions are aware of the triggering causes, ranging from predatory lending to deregulation to insatiable greed, what isn’t so obvious is the longer-term process that brought our financial system and economy to the edge of the abyss.

OPINION: Finances and the current crisis: How did we get here and what is the way out? Part 1

In a vote that was heard around the world, reactionary Republicans along with some progressive Democrats in the House torpedoed a bill to stabilize financial markets. The compromise deal was better than what was initially proposed by Bush and Paulson, but did little to stimulate the economy or attend to the crisis of everyday living experienced by millions of ordinary Americans — who, it should be said, played by the rules.

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Save Main Street not Wall Street!

The Bush administration has proposed a massive bailout plan of at least $700 billion (maybe as much as $1.7 trillion) to stabilize the financial system amid the biggest economic crisis since the Great Depression. Treasury Secretary Henry Paulson, a Bush appointee, and the president are pushing for Congress to rapidly pass the plan this week with little debate and no amendments. The right wing and the banks want a plan that gives a blank check to Wall Street with no oversight.

LETTERS: September 23

Wrong? Capitalism in crisis The truth about oil 9/11 Land for the landless

OPINION: Ramming through the bailout

Bush, Paulson make Dillinger look like a Boy Scout As the Bush administration attempts to ram a bailout package of nearly one trillion dollars through Congress, it begins to feel like Colonel Sanders asking the public to trust him to take care of the chickens.

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