By BENJIE OLIVEROS Bulatlat perspective Last week, this writer wrote about the implications of the law signed by President Aquino liberalizing the banking sector. The article dealt with how multinational banks would be able to control local business activity and...
By Satur C. Ocampo At Ground Level | The Philippine Star It seems the land of opportunity isn’t America anymore (nor Europe). For Filipinos, anyway. Not right now. Despite the recovery of the big banks through massive government bailouts, the US economy — in deep...
By INA ALLECO R. SILVERIO Bulatlat.com The Aquino administration is in a serious state of denial over the impact of the debt crisis in the United States on the Philippine economy. According to the Bagong Alyansang Makabayan (Bayan), the US' debt woes will...
By Prof. Jose Maria Sison Chairperson, International League of Peoples' Struggle July 7, 2010 Since 2008 the major capitalist powers have wantonly used public money to bail out the big banks and corporations, thus allowing these to show profits on their balance...
By MARK WEISBROT Truthout International Posted by Bulatlat The Great Recession is allowing some widely held beliefs about the US economy – which were the source of much evangelism over the last few decades – to run up against a reality check. This is to be...
BY PAUL KRUGMAN The New York Times/Truthout ALTERNATIVE READER Posted by Bulatlat Vol. VIII, No.2. February 10-16,2008 The economic news has been fairly dire this week. The credit crunch is getting worse, and a widely watched indicator of trends in the service...
BY ROBERT REICH The Financial Times/Truthout Posted by Bulatlat| Vol. VIII, No. 2, February 10-16,2008 It is an election year and the US economy is in peril of falling into recession or worse. Not surprisingly, Washington is abuzz with plans to prevent it....
For many the worker occupation of the Chicago Republic Windows and Doors plant on December 5 may have come as a surprise. But for US workers who are facing a very bleak economic horizon - the Chicago sit-down strike has ignited a spark amongst workers fed up with...
Food stamps are the symbol of poverty in the US. In the era of the credit crunch, a record 28 million Americans are now relying on them to survive - a sure sign the world's richest country faces economic crisis. By David Usborne The Independent/ UK INTERNATIONAL...
If you think the housing slump can't get much worse, Martin Feldstein thinks that both home prices and the broader economy can - and very likely will - get a whole le lot worse. BY KEVIN G. HALL McClatchy Newspapers/Truthout INTERNATIONAL Posted by Bulatlat...
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