How did the "free market" fail us? How about this? It was a matter of dogma over evidence, a theme that connects the blots--the long string of massive failures caused by conservative Republicans over the past eight years. In an article called "White House Philosophy Stoked Mortgage Bonfire," the NYT…
I've spoken to several conversative lawyers who argue that people should more carefully read their contracts, including their fine print. "They shouldn't sign up for loans that they can't afford--it's their own fault." But what if we are fully aware that millions consumers don't have the math and reading skills…
The Onion discusses the pros and cons of the American Money Hole: In The Know: Should The Government Stop Dumping Money Into A Giant Hole? The Onion also reports on new procedures to make the Iraq War more handicapped accessible and on a gay racehorse.
We've tried to make sense of the huge barely-vetted amount allocated to bailing out failed financial companies. Here is a good view, comparing it to other government programs (adjusted for inflation), such as the Louisiana Purchase, Viet Nam, and the NASA all-time total budget: Chart from VoltageCreative.com Of note to…
Judith Levine and her significant other decided to not shop for a year. She wrote about her trials and tribulations in her book, Not buying It: My Year Without Shopping. She also wrote about it in Washington Post in an article titled, "Don't Buy It." Here's an excerpt: People can…