World-News

Our worries about jobs or pensions pale beside the fallout Africa and Asia now face in this absurdly skewed global system.

http://tinyurl.com/55vqb7



A financial new world order?

When President Bush hosts a world financial summit in the coming weeks, one of the least multilateral American presidents in decades will set in motion what could result in a full reordering of the global financial system.

http://www.csmonitor.com/2008/1020/p01s01-usec.html



Millions of Homeowners Are in Desperation Mode

With almost 1 in 6 homeowners dealing with a troubled mortgage, we need a rescue plan fast or else face a huge social problem.

http://www.alternet.org/story/103644



Home prices to fall another 10 percent: Fitch

National home prices have declined a full 22 percent from the peak hit in 2006, the agency said in a note. Fitch has a peak to trough forecast for prices to decline 30 percent.

http://tinyurl.com/6orrfz


From Information Clearing House

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Maybe the Rich Are the Problem
http://www.commondreams.org/view/2008/10/21-7



http://freepage.twoday.net/search?q=global+system
http://freepage.twoday.net/search?q=financial+system
http://freepage.twoday.net/search?q=billionaires
http://freepage.twoday.net/search?q=homeowner
http://freepage.twoday.net/search?q=mortgage
http://freepage.twoday.net/search?q=Linda+McQuaig