UAW Officials in Michigan Threaten Socialist Equality Party
Friday, October 5th, 2007Willow Run Transmission Plant in Ypsilanti, Michigan
Archive for the ‘two+americas’ Category
Fed moves to halt market meltdown
Saturday, August 18th, 2007If a week is a long time in politics, then two days in the financial markets can be even longer. Last Wednesday, William Poole, president of the St Louis Federal Reserve Bank, told Bloomberg TV that the subprime mortgage rout did not threaten US economic growth and that only a “calamity” would justify an interest rate cut.
Sphere: Related ContentRupert Murdoch takes over Wall Street Journal
Wednesday, August 1st, 2007The takeover of Dow Jones & Company by Rupert Murdoch’s News Corporation was finalized late Tuesday evening. The $5 billion deal will add the Wall Street Journal and other assets to Murdoch’s worldwide media empire and lead to a further concentration of the media in the hands of a few super-rich individuals and vast conglomerates.
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