By Rob Larson, AlterNet.org 15-09 The country's financial markets have collapsed, as they tend to do when left without adult supervision, and they're taking our economy with them. With the large banks refusing to make loans after losing billions on worthless subprime derivatives, the...

By Tom Engelhardt, tomdispatch.com, 1-5-09...In the [post-1945] period, the U.S. military effectively garrisoned much of the globe from the Horn of Africa to Greenland, from South Korea to Qatar, while its Navy controlled the seven seas, its Air Force dominated the global skies, its...

Fighting off Depression by Paul Krugman in The New York Times, 1-5-09 “If we don’t act swiftly and boldly,” declared President-elect Barack Obama in his latest weekly address, “we could see a much deeper economic downturn that could lead to double-digit unemployment.” If...

by Joseph E. Stiglitz in NEWSWEEK via OurFuture.org 1-5-09 For years, there has been an ongoing discussion among world leaders and thinkers about deficiencies in the international financial architecture and about economic imbalances, including the widening U.S. trade deficit. Many worried...

The Anti-Stimulus Crowd: The Fear of Success by Dean Baker on CommonDreams.org 1-6-09 At least some Republicans are starting to muster an anti-stimulus drive, claiming that President-elect Obama's package will not help the economy. Their drive is centered on what they claim is a...

BUSH CITES FAILED SOCIAL SECURITY PRIVATIZATION PUSH AS HIS BIGGEST DOMESTIC POLICY ACHIEVEMENT Yesterday, the Weekly Standard's Fred Barnes reported that he and fellow conservative Bill Kristol met with President Bush last Friday for a lunch in the president's "private dining room ...