Uprising! | Brain-Dead Economic Reporting | Protest Wall Street Greed

Corporate Accountability and WorkPlace Newsletter March 26th, 2009 More from Corporate Accountability and WorkPlace »

The Voters' Uprising: President Obama What Are You Thinking? By Don Hazen, AlterNet Just about everything is riding on how we navigate this unprecedented moment in history; Obama needs to show he's on the right side. Read more »   The economic indicators remain just bleak: "The number of laid-off Americans filing initial claims for unemployment benefits rose slightly last week while the number of people continuing to claim benefits set a record for a ninth straight week, the Labor Department said Thursday. "Labor said first-time claims rose to a seasonally adjusted 652,000 from 644,000 the week before, and the total number of people claiming benefits was up 122,000 to 5.56 million. "A second report Thursday showed the economy shrank at a 6.3% annual rate at the end of 2008, worst showing in a quarter-century." Lot to digest this week, so have at it. -Joshua Holland Editor, Corporate Accountability and Workplace coverage     Powerful Banks and Government Handouts to the Rich: It's Time for Protest By Zephyr Teachout, AlterNet A new grassroots group has organized protests for April 11 in 11 cities so far, and the ranks of signups are swelling fast. Read more »   Will Anger at AIG and Geithner's New Bank Plan Help Unions? By Art Levine, Huffington Post There's a chance that the fury over those AIG bonuses and bungled bailouts may be channeled into real economic, labor rights and health-care reform. Read more »   Brain-Dead Economic Reporting: If Wall Street Approves of Obama's Plan, It Must Be a Winner! By Brad Reed, AlterNet The corporate media's coverage of the administration's bank rescue plan comforts the comfortable. Read more »   The Real AIG Scandal: How the Game Is Rigged at Wall Street's Casino By Lucy Komisar, AlterNet Congress has deftly avoided the real story of AIG's collapse, which will make a few million in bonuses seem like peanuts. Read more »   Looking for Support in Hard Economic Times? By Chuck Collins, OnTheCommons.org Part mutual aid association and part social action group, common security clubs offer a great way to take action. Read more »   The Big Takeover: How Wall Street Insiders are Using the Bailout to Stage a Revolution By Matt Taibbi, RollingStone.com The global economic crisis isn't about money -- it's about power. Read more »   The President Needs to Hear Millions of Second Opinions on His Economic Plans By William Greider, The Washington Post Obama is trapped between the governing elites who decide things and the people who are governed. Which side is he on? Read more »   This Crisis Is Way Bigger Than Dead Banks and Wall Street Bailouts By James Galbraith, Washington Monthly Why the economic crisis, and its solution, are bigger than anyone has so far admitted. Read more »   Will Our Economic Collapse Cause the Death of Millions Abroad? By Michael T. Klare, Foreign Policy in Focus As the wealthier nations cease investing in the developing world or acquiring its exports, the crisis is hitting them with a vengeance. Read more »   What Would the Man Who Got Us Out of the Last Depression Do About Wall Street's Greed? By Chuck Collins, Sam Pizzigati, AlterNet What would FDR do if he were around to see AIG's bonus bozos spit in the face of the American taxpayer? Read more »   Moral Decay Swirls Around Banking Bailout: Time for a Criminal Investigation By Robert Scheer, Truthdig Those who stole billions in 401(k)s of innocent victims were rewarded handsomely, rarely needing to break the laws their lobbyists purchased. Read more »   Not Just Homeowners, But Renters Are Really Getting Screwed By Daniel Fireside, Dollars and Sense Homeowners aren't the only ones in trouble from foreclosures -- renters, urban neighborhoods, and entire cities are at risk. Read more »   PEEK and Video: The hottest buzz and videos on the web     Matt Taibbi, Jane Hamsher, and Robert Johnson: Should Geithner Go? By Laura Flanders, GRITtv If you were pissed off before, well, brace yourself. Read more »   Unacceptable: Fox Business Anchor Compares Tax on AIG Bonuses to Sexual Abuse By Amanda Terkel, Think Progress Fox Business Network anchor Dagen McDowell appeared on Fox News to make the case against the tax on AIG bonuses by comparing it to sexual abuse Read more »   Black-White Wealth Gap Continues to Widen in U.S. By Joshua Holland, AlterNet And the econopocalypse ain't gonna help. Read more »   This Is What the Class War Looks Like By David Sirota, Open Left There is an incredible amount of hate out there right now - and the most intense of it is coming from those at the top. Read more »   The White House Is Out of Touch and We're Getting Fleeced By Jane Hamsher, Firedoglake Two Americas, two bailouts. Read more »   Rachel Maddow Takes Conservatives to Task Over Deregulation By Daniel De Groot, Open Left "Heaven forbid, there would be rules to rein in what happens on Wall Street, right?" Read more »

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