Course Blog for Soc 3151: Social Issues and Social Policy at Baruch College
This was an article I read from the Naked Capitalism blogs and I found it to be quite interesting. It was based on a joint statement (http://treasury.gov/press/releases/tg38.htm) released by the treasury, FDIC, OCC, OTS, and the Federal Reserve and discussed how the entire financial system is extremely important to the economic system in the U.S. [...]
Cramer: “The Multi-Trillion Dollar Question: Whose Consumption Drives the Economy?”
I’m reading the article from Radical Perspectives on the Crisis. This editorial caught my attention because it addresses an issue that involves everyone. We can hear that “consumer-driven economy” but is it true?
“Our economy is a Capitalist economy. We need to appreciate, as well as [...]
I read an interesting article in the Naked Capitalism Blog http://www.nakedcapitalism.com/2009/02/o…) on how the people of Japan have been handling the current economic crisis. As we all know, since WWII, Japan has been looked at as the case study on how capitalism can be brought to a foreign land and thrive because of it. However, [...]
In an article in the New York Times, author Charles Duhhig talks about Fannie Mae and their new program to help relief renters who face eviction.
Fannie Mae will:
“sign new leases with renters living in foreclosed properties owned by the company”
Fannie Mae is the first nationwide company to provide relief for those customers whose houses [...]
I am reading an interesting article from CounterPunch newsletter on the America history of restoring a crisis.
In this article, the author explains how our economic system manages to remain afloat even when it seems like there are more “assets” (debt) for the government to buy up than there are actual profits turning. She explains that [...]
this is the content of my post
I am reading an article from the brooklyn rail
here is is a general summary of what i thought was interesting about reading this article. maybe a main point or two and even my oiwn perspective if I had one. then I’m going to walk the reader through this article [...]
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