Article Listing
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As layoffs spread, pressure grows to pass recovery act
January 30, 2009The news that another 100,000 workers have lost their jobs sent a shock wave across the nation even as President Obama visited Capitol Hill Jan. 27 to urge quick approval of his $825 billion economic stimulus...
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House passes economic recovery bill
January 30, 2009Original source: Hoping to put the brakes on an economy spiraling downhill and out of control, the House today passed (244-188) an $825 billion economic recovery package that could create or save as many as 4...
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French workers protest against cutbacks
January 30, 2009MILLIONS of French workers are set to take to the streets on Thursday to warn the right-wing government that they will not bear the brunt of the slump.
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History is (still) counting on us
January 29, 2009On Nov. 3, 2004 – the day following George W. Bush’s re-election as president – I wrote a letter to some of my closest friends and comrades. The tone of that letter was quite somber, reflecting...
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Business as usual? Federal Reserve keeps interest rates near zero
January 29, 2009Economic news worsened Wednesday as the House of Representatives voted on the stimulus package with the Federal Reserve Board’s Open Market Committee admitting that the “economy has weakened further. Industrial production, housing starts, and employment have...
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