In These Times

Latest Comments view all 610

• • 11 Mar 08
  • 9:35 pm

  The currrent stimulus package passed by the Congress is a paltry amount of money. There are some reform aspects of the entire program like raising the caps on mortgages that fannie mae and freddie mac could finance despite large financial losses by both. Much of the $3.2 billion in losses were accounted for by derivative investments used as a hedge against falling interest rates on mortgages held by borrowers. The federal reserve is loaning distressed banks with non-performing mortgage loans funds against the troubled mortgages (or mortgage backed securities) as collateral. The fed may end up with $200 billion worth of …

  Posted to The Stimulus Swindle

• • 16 Dec 07
  • 11:16 am

  Large corporations for years have consolidated the food industry through factory faming of livestock. Fast food outlets are merely concentrated, high demand commercial customers for beef, poultry and pork produced on these farms using cheap (usually foreign) hired wage labor, non-free range animals and tons of anti-biotics which get into the food chain. Fast food chains were thus outlets for factory farming and the concentration of production and farm income.The results have harmed both consumers and farm families. Factory farms are the main reason for the post-WWII decline of family farms. The connection between factory farms and the fast food industry …

  Posted to Corporate Potluck

• • 18 Dec 07
  • 12:29 pm

  I dont

  Posted to Corporate Potluck

• • 18 Dec 07
  • 12:31 pm

  I was just testing the html on this website. I do support the HEN with all due fervor.

  Posted to Corporate Potluck

• • 16 Dec 07
  • 12:28 pm

  I think some of Cosby's criticisms should be taken seriously. I do think the Juan Williams book is nonsense.

  Posted to Come on Cosby, Stop Hatin'