Republic of Angola (Xyami): How Kids Learn to Love Capitalism

Friday, December 5, 2008

How Kids Learn to Love Capitalism | Radical Solutions for a Crazy Economy

Corporate Accountability and WorkPlace Newsletter
December 4th, 2008
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How Kids Learn to Love Capitalism
By Bill Reagan, PopMatters
There is no better illustration of capitalism in all its glory than the vicious games of the playground. Read more »

North Carolina has a plan to keep over-ectendded homeowners from foreclosure. From the Statesville Record and Landmark…

"Currently, most borrowers must negotiate individually with their lenders. That process has not been effective in keeping families in their homes…

"The North Carolina plan will propose a monthly mortgage payment equal to 34 percent of the borrower's gross income. The modification can be achieved through a variety of options, including interest rate reductions, longer loan amortization or principal reduction…

"Thanks to North Carolina's laws, the state is bucking the national foreclosure trend… monthly foreclosure filings in North Carolina dropped 27 percent compared with a year ago while nationally there has been a 5 percent increase."

-Joshua Holland
Editor, Corporate Accountability and Workplace Coverage

Radical Solutions for a Crazy Economy
By Nouriel Roubini, Forbes
The fight against a deadly combination of stagnation/recession and deflation has to be unorthodox. Read more »

How to Reframe the Poverty Debate
By Margy Waller, The Mobility Agenda
The policy discussions we're currently having about poverty will not lead to much progress. Read more »

Going to College & Grad School Looks Like a Disaster
By Nan Mooney, AlterNet
Thinking about going back to school in a weak jobs market? Students face a plague of loan problems, less aid and higher tuition and fees. Read more »

Today's Economic Crisis in Historical Perspective
Global Labor Strategies
This time around, global structural change will be required. Read more »

How to Save Motor City
By Marissa Colon-Margolies, The Nation
Letting Detroit fail: catastrophic. Transforming it into a lean green machine-maker: visionary. Read more »

What Does Barack Know About Peak Oil?
By James Howard Kunstler, Kunstler.com
The economy may go back up, but the decline in oil production can't be stopped. Does the president-elect know this? Read more »

Obama Takes Charge -- Will He Bail Out America?
By Joshua Holland, AlterNet
While we deliberate major economic transformation, there are good ideas waiting on the shelf right now the new president can green light. Read more »

America Out of Work
By Marie Cocco, Washington Post Writers Group
Unemployment is soaring and it may be March before we feel the first dollar of an Obama recovery plan. Read more »

Economic Downturn Hits Women the Hardest
By Brittany Schell, One World
Women are being disproportionately affected by the U.S. mortgage crisis and economic plunge. Read more »

While Some of Us Are Hoping for Change, Others Are Literally Starving for It
By Chris Hedges, Truthdig
The swelling numbers waiting outside homeless shelters and food pantries around the country have grown by at least 30 percent since the summer. Read more »

PEEK and Video: The hottest buzz and videos on the web

Why the Right Will Oppose Getting Us Out of Recession
By Matt Stoller, Open Left
People that have money would prefer that they remain on top, and will oppose attempts to restart spending from a broad base. Read more »

Bush Signs Executive Order Barring Union Rights
By Caitlin Price, Jurist Legal News and Research
The order denies collective bargaining rights to about 8,600 federal employees who work in agencies responsible for national security. Read more »

Obama Backs Off Promise to Pass Windfall Profits Tax on Big Oil
By David Sirota, Blog for Our Future
Between this move and the move to wait to repeal the Bush tax cuts for the wealthy, it looks like Obama is breaking some promises. Read more »