America's Fiscal Collapse

By Michel Chossudovsky

In actuality, what we are dealing with is the most drastic curtailment in public spending in American history, leading to social havoc and the potential impoverishment of millions of people.

//informationclearinghouse.info/article22142.htm



The Big Lie of Recession Politics: 'Shared Sacrifice'

By Shamus Cooke

The last "boom" of the economy was based not only on fantasy prices for homes, but the cheap price of labor. During the boom the working class resorted to ever-more debt to maintain their standard of living, while the rich got richer than anyone had ever dreamed possible.

//informationclearinghouse.info/article22143.htm



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