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Top Stories from Corporate Accountability and WorkPlace on AlterNet
October 23rd, 2008
http://www.alternet.org/workplace/
___________________________________________________________
>From the editors:
An interesting statement by Barack Obama, courtesy of Joe Klein writing in Time
Magazine ...
"The engine of economic growth for the past 20 years is not going to be there
for the next 20. That was consumer spending. Basically, we turbocharged this
economy based on cheap credit." But the days of easy credit are over, Obama
said, "because there is too much deleveraging taking place, too much debt." A
new economic turbocharger is going to have to be found, and "there is no better
potential driver that pervades all aspects of our economy than a new energy
economy ... That's going to be my No. 1 priority when I get into office."
This emphasis on a new "green energy" economy is, in my opinion, the best
argument the Democratic Party has made for governing in recent memory.
But the reality is that the relentless push for ever-more "growth" - the idea
that we simply need to find a new economic "supercharger" - misses the larger
challenges facing the global economy. At some point, we need to envision - and
articulate - an economic model based first and foremost on sustainability and
meeting human needs, rather than growth for growth's sake.
We live in a world with an expanding population, finite resources and a
relatively fragile ecology - at some point, we're going to have to face up to
those realities.
On the campaign trail, of course, even suggesting that the lifestyle to which
Americans have grown accustomed over the past half-century is negotiable is a
sure-fire way to lose an election. But I think it's important that those of us
who aren't running for president keep an eye on the bigger picture.
-Joshua Holland
Editor, Corporate Accountability and Workplace
___________________________________________________________
VAN JONES: HOW WE CAN LEAD OUR COUNTRY OUT OF CRISIS
By Tara Lohan, Joshua Holland, AlterNet
Van Jones talks about a new vision for America in which
progressives go from protest to governance.
http://www.alternet.org/environment/103978/
WHY IS THE GOVERNMENT KEEPING KEY DOCUMENTS ABOUT THE BAILOUT UNDER WRAPS?
By Ben Protess, ProPublica
The Treasury Dept. is keeping key details of the contract it
awarded to keep the books for the government’s bailout
from the public.
http://www.alternet.org/workplace/104214/
WALL STREET HUSTLERS BUILT A $100 TRILLION HOUSE OF CARDS AND STUCK YOU WITH
THE FALLOUT
By Joshua Holland, AlterNet
Deregulation brought us hugely "leveraged" investments, and
they brought us panicked markets and pain.
http://www.alternet.org/workplace/103830/
WHY TRUST PAULSON WITH OUR MONEY?
By Robert L. Borosage, Campaign for America's Future
With $700 billion in taxpayers' money at stake, surely it
would be wise to have an independent board that can hold
Paulson accountable.
http://www.alternet.org/workplace/104141/
HOW BIG OIL'S LOBBYISTS CONTRIBUTED TO BIG FINANCE'S CRASH
By Antonia Juhasz, AlterNet
Working Americans are reeling from the "unintended
consequences" of their relentless war against regulation.
http://www.alternet.org/workplace/104133/
UNION CARD OR MASTER CARD -- HOW A NATION OF WORKERS BECAME A NATION OF DEBTORS
By Frank Joyce, AlterNet
Debt it is an important shaper of political and economic
consciousness. The more you are in debt, the less likely you
are to rock the boat
http://www.alternet.org/workplace/103863/
HOW THE BANKSTERS MADE A COMPLETE KILLING OFF THE BAILOUT
By Pam Martens, CounterPunch
It's going to take about 20 years to repair the damage from
the huge rip off created under the guise of "free market"
capitalism.
http://www.alternet.org/workplace/103836/
HOW THE ECONOMIC CRISIS WILL AFFECT THE ENVIRONMENT
By Michael T. Klare, Huffington Post
Will the crisis be good or bad for the environment,
especially with respect to global warming?
http://www.alternet.org/environment/103808/
HELP WANTED: A SECRETARY OF LABOR WHO CARES ABOUT WORKERS
By Kim Bobo, Sojourners
We need a Labor Secretary in the mold of Francis Perkins,
whose top priority was to help the working man.
http://www.alternet.org/workplace/103797/
ARSON, SUICIDE, AND MURDER MARK THE ECONOMIC CRISIS, AND WE'RE NOT HEARING
ABOUT IT
By Nick Turse, Tomdispatch.com
Violent reactions are bubbling up across the country to new
economic realities.
http://www.alternet.org/workplace/103656/
JOE SIX-PACK, JOE THE PLUMBER, JOE JOBLESS
By Jennifer Wheary, AlterNet
What should our trade schools, community colleges and
universities be doing to help fill essential jobs?
http://www.alternet.org/workplace/103529/
ICELAND'S ECONOMIC MELTDOWN IS A BIG FLASHING WARNING SIGN
By Toby Sanger, AlterNet
Iceland followed the prescriptions of a right-wing
ideologue, and its economy paid a severe price.
http://www.alternet.org/workplace/103525/
HOW WALL STREET'S SCAM ARTISTS TURNED HOME MORTGAGES INTO ECONOMIC WMDS
By Joshua Holland, AlterNet
The titans of high finance are trying desperately to shift
blame for the crisis onto others, but this dead cat lies
squarely on their doorstep.
http://www.alternet.org/workplace/103514/
LET'S MAKE WALL STREET EXECS PAY FOR CLEANING UP THE MESS THEY MADE
By Sam Pizzigati, Too Much: A Commentary on Excess and Inequality
The "polluter pays" principle works in the environmental
realm -- we can apply it to the financial meltdown too.
http://www.alternet.org/workplace/102942/
WHY THE BAILOUT WON'T DO ANYTHING FOR THE ROOT OF THE PROBLEM
By John Miller, Dollars and Sense
Nothing in the plan will stabilize plummeting home values.
http://www.alternet.org/workplace/102906/
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AlterNet Blogs:
MCCAIN IS CALLING FOR 'NEO-HOOVERISM' AND HE'S WRONG
By Staff, The Progress Report
Nobel Prize-winning economist Paul Krugman explained, "Right
now, increased government spending is just what the doctor
ordered ..."
http://www.alternet.org/blogs/workplace/104161/
IN FINANCIAL CRISIS, AMERICA'S PLUTOCRATS ARE HURTING TOO
By Steve M., No More Mister Nice Blog
Won't somebody think of the CEOs?
http://www.alternet.org/blogs/workplace/103193/
___________________________________________________________
These stories and more are available in Corporate Accountability
and WorkPlace on AlterNet.
http://www.alternet.org/workplace/
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