10-03-08, 6:40 am
Articles and Resources on the Economic Crisis
The week of September 29th, 2008 opened with the failure in Congress of the Bush bailout plan. Ongoing opposition to a Wall Street bailout without preconditions may have major repercussions. Read some of the latest articles below.
So what does it all mean? What will be impact of the Wall Street bankruptcies, bailouts and blunders on working people in this country and worldwide? What's the solution to the crisis?
Perhaps only time will tell the full extent of the impact. Needless to say, this week’s developments don’t bode well for the future. Here are some thoughts from contributors to the People’s Weekly World and Political Affairs and leaders of the Communist Party on the current economic crisis, the policies that got us to this point and the historical precedents.
We will update this resource list in the days and weeks to come, as the full scope of the crisis is better known.
Week of Sept. 29
Obama calls for 'middle class' bailout
by Joel Wendland
Oct. 3, 2008 – People's Weekly World
To bail, or not to bail?
by Teresa Albano and John Wojcik
Oct. 1, 2008 – People's Weekly World
OPINION: Finances and the current crisis: How did we get here and what is the way out? Part 2
by Sam Webb
Oct. 1, 2008 – People's Weekly World
Taking it to Wall Street: Rallies vs. bailout crowd 'the street'
By Libero Della Piana
Oct. 1, 2008 – People's Weekly World
Why the Rush?
by Peter Zerner and Joel Wendland
Oct. 1, 2008 – PoliticalAffairs.net
Obama Calls for Comprehensive Response to the Economic Crisis
Oct. 1, 2008 – PoliticalAffairs.net
Financial Crisis, Bailouts, and the Real Economy, Speaking with Sam Webb
by PoliticalAffairs.net
Sept. 30, 2008 – PoliticalAffairs.net
How about a trickle-up bailout instead of trickle down
by Scott Marshall
Sept. 29, 2008 – Labor Up Front
Stock market drops 777 points as House votes down Wall Street bailout
by Joe Sims
Sept. 29, 2008 – People's Weekly World
Audio: Interview with Sam Webb, CPUSA
Sept. 28, 2008 – Political Affairs Podcast
OPINION: Finances and the current crisis: How did we get here and what is the way out?, Part 1
by Sam Webb
Sept. 28, 2008 – People's Weekly World
What the Banking Crisis Really Means
by Norman Markowitz
Sept. 2008, PoliticalAffairs.net
International Responses
Bailing Out Capitalism
From The Guardian (Australia), Sept. 24, 2008
Bush's Self-criticism
From Cuban News Agency, Sept. 28, 2008
The End of the Illusion
From People's Democracy (India), Sept. 28, 2008
Time to Break with Casino Capitalism
From Akahata (Japan), Sept. 24, 2008
Week of Sept. 22
Editorial: Shock and Awe Revisited
Sept. 25, 2008 – People's Weekly World
$700,000,000,000 for what?
By John Wojcik Sept. 25, 2008 – People's Weekly World
Reject the 'Bankers' Strike': Groups Demand No Bailout Without Conditions
Sept. 25, 2008 – PoliticalAffairs.net
Rescue Me!: What Else Could We Use the Bailout Money For?'
By Peter Zerner and Joel Wendland
Sept. 25, 2008 – PoliticalAffairs.net
Barney Smith, Not Smith Barney
By Joelle Fishman
Sept. 24, 2008 – People's Weekly World
Save Main Street, Not Wall Street
By Communist Party USA
Sept. 23, 2008 – CPUSA.org
Ramming Through the Bailout
By Sam Webb
Sept. 23, 2008 – CPUSA.org
Wall Street Bailout: Not Without Preconditions
By Joel Wendland Sept. 23, 2008 – PoliticalAffairs.net
Week of Sept. 15:
EDITORIAL:
Bailout Main Street
Sept. 19, 2008 – People's Weekly World
Economic Meltdown
By Joel Wendland
Sept. 19, 2008 – PoliticalAffairs.net
Wall Street meltdown wallops Main Street
By Phil Cadman
Sept. 19, 2008 – People's Weekly World
From Archives:
Is Freddie Mac really never coming back?
By John Wojcik
Sept. 8, 2008 — People's Weekly World
Got money?
By Marilyn Bechtel
Aug. 15, 2008 — People's Weekly World
Mac the Knife: Cut the Needy to Feed the Greedy
By Joelle Fishman
July 24, 2008 — PoliticalAffairs.net
Interview with Doug Henwood, Left Business Observer
May 29, 2008 — PoliticalAffairs.net
It’s
Time for a New Deal
by Norman Markowitz
May 29, 2008 — PoliticalAffairs.net
Financial Crisis and Class Struggle
By Paulo Nakatani and Rémy Herrera
May 28, 2008 — PoliticalAffairs.net
Foreclosures point to systemic crisis
By Denise Winebrenner Edwards
April 4, 2007 — People's Weekly World
Bailout goes to Wall Street, not Main Street
By John Wojcik
March 20, 2008 — People's Weekly World
Things Fall Apart: Wall Street and the Crisis of US Imperialism
By Joe Sims and Joel Wendland
March 2008 – PoliticalAffairs.net
Weathering
the Storm: the economic recession
Video interview with Sam Webb
March 10, 2008 — Communist Party USA
Unions tackle
housing, foreclosure crisis
By John Wojcik
March 9, 2008 — People's Weekly World
Interview
with Art Perlo, CP Economics Commission
Feb. 15, 2008 — PoliticalAffairs.net
To fix economy
put working class first
By Teresa Albano
Jan. 24, 2008 — People's Weekly World
Banks bilk
homebuyers, Black, Latino families hit hardest
By Tim Wheeler
Jan. 19, 2008 — People's Weekly World
A look behind
the housing crisis
By Art Perlo
Aug. 30, 2007 — People's Weekly World
Mortgage crisis
stoked by incredible greed
By Susan Webb
Aug. 16, 2007 — People's Weekly World
Corporate thievery, a new political moment
By Sam Webb
July 20, 2002 — People's Weekly World
En Español:
Salvemos al pueblo, no a Wall Street
por Partido Comunista de Estados Unidos de América (PCEUA).
Oct. 2, 2008 – Nuestro Mundo
¿Rescate económico o no rescatar?
por Teresa Albano y John Wojcik
Oct. 2, 2008, Nuestro Mundo
La crisis económica y las viviendas
Por Art Perlo
26 de Julio, 2008 — Nuestro Mundo
La crisis economica hoy: Entrevista con Douglas Henwood
29 de Mayo, 2008, – PoliticalAffairs.net