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

Corporate Accountability and WorkPlace Newsletter December 4th, 2008 More from Corporate Accountability and WorkPlace »

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 »   The $70-an-Hour Autoworker Myth: A Zombie That Just Won't Die? By Art Levine, Huffington Post The $70-an-hour autoworker lie is alive and well, roaming the media landscape. Read more »

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