Economics

Geithner's Coming Out Party

Submitted by admin on June 7, 2009 - 9:08pm

"Not Ready for Prime Time"

By MIKE WHITNEY


$7,760,000,000,000...?

Submitted by admin on June 7, 2009 - 9:08pm

. . . $7.76 trillion . . .

That is what Bloomberg reports has been committed on behalf of the American taxpayer to bailout America’s finance system. This includes spending by the Treasury, Federal Reserve and FDIC.

The amount is equal to half the value of everything produced in the United States last year.

It is $24,000 for every man, woman and child in America.


Money for the Revolution

Submitted by Rob McClure on June 7, 2009 - 9:08pm

(A version of this article originally appeared in the Wisconsin Network for Peace and Justice Newsletter.)

Finally, the depredations of capitalism are on everybody's lips.

Between a collapsing dollar, soaring fuel costs, the implosion of credit markets, and the recent, breathtaking display of rapacity by mortgage lenders and their Wall Street bac

Kilowatt Cards

Submitted by admin on June 7, 2009 - 9:08pm

We received this in our Madison Hours email and wanted to share the concept. This is a new system that uses potential energy as a non-inflationary store of value.


Timebanking and Local Currency: Two Ways to Kick the Dollar Habit

Submitted by Rob McClure on June 7, 2009 - 9:08pm

Madison now has a second local trading system.


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