When Securitization Blew Up, So Did the Economy

By Mike Whitney

One thing is certain, this isn't a normal recession. In a normal recession aggregate demand declines, economic activity slows, and GDP shrinks. While those things are taking place now, the reasons are quite different. The present slump wasn't brought on by a downturn in the business cycle or a mismatch in supply and demand. It was caused by a meltdown in the credit system's central core.

//informationclearinghouse.info/article22144.htm



How Wall Street Paid For Its Own Funeral

By Marina Litvinsky

The 231-page report, "Sold Out: How Wall Street and Washington Betrayed America," shows that the financial sector invested more than 5 billion dollars on purchasing political influence in Washington over the past decade, with as many as 3,000 lobbyists winning deregulation and other policy decisions that led directly to the current financial collapse.

//informationclearinghouse.info/article22146.htm



Take the Money and Run

By Ernest Partridge

A bank robber does not gain legal possession of his loot. Neither should today's "robber barons," notwithstanding the fact that the theft was accomplished under the guise of quasi-legality. The loot can be recovered legally, if the public demands it and the Congress responds accordingly, through the enactment and enforcement of appropriate legislation.

//informationclearinghouse.info/article22151.htm



Scholar Presaged U.S. Descent to Destitution

By Logan Jenkins

"We don't believe we can afford to stop waging conventional warfare".
//informationclearinghouse.info/article22145.htm



"We Will Remain a Pariah in the Middle East"

By Ron Paul

A US puppet government protected by 50,000 American soldiers is not the road to peace.

//informationclearinghouse.info/article22148.htm



A Shattering Moment In America's Fall From Power

By John Gray

The global financial crisis will see the US falter in the same way the Soviet Union did when the Berlin Wall came down. The era of American dominance is over.

//www.informationclearinghouse.info/article20899.htm

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Wall Street's Best Investment: Paying for Policy in Washington
//www.commondreams.org/view/2009/03/04-13



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