Economic crisis goes on


This video from the USA is called Democracy Now: March 18 2008 News; about the economic crisis and other news items.

The economic crisis goes on.

See Wall Street falls reflect concerns over bailout and fears for US economy.

And: As economic crisis deepens, rich get richer. Forbes publishes list of 400 wealthiest Americans.

And: The FBI has begun an investigation into four major US financial institutions caught up in the current financial crisis, US media say.

Polls about the US bailout: here.

And: Brown at Britain’s Labour conference: Bailout for banks, nothing for jobless and homeowners.

And: Scandals worsen Britain’s image in corruption league table.

And: Canada: Financial crisis intrudes on federal election campaign.

1 thought on “Economic crisis goes on

  1. Bail Out People, Not Banks!

    SEPTEMBER 27
    International Day of Action

    NO Money for Wall Street & War –
    Bail Out the Workers and the Poor!

    Anti-war activists need to address the latest phase of the war – the war against working people here!

    Foreclose the War – Not People’s Homes!
    Bail Out People – Not Banks!
    Money for Human Needs – Not War and Corporate Greed!

    IN NYC:
    March and Rally
    Saturday SEPT 27
    12 noon
    Times Sq. – 42nd & 7th Ave.
    -and in cities across the U.S.
    see http://stopwaroniran.org/ for a list of local actions

    Washington wants:

    * $1 Trillion to bail out mortgage bankers
    * $3 Trillion on the War in Iraq
    * $ Billions for War against Iran

    We Demand Money for:

    * Housing
    * Health Care
    * Jobs with a Living Wage
    * Rebuilding the Gulf Coast
    * Education

    SIGN THE ONLINE PETITION
    demanding the Feds implement an
    IMMEDIATE MORATORIUM ON FORECLOSURES AND EVICTIONS, NOW!

    The same institutions that profit from endless war are now demanding that the entire U.S. Treasury to be placed at their disposal to bailout corrupt banks and mortgage institutions, a declaration of endless war against people at home. Even mainstream media is describing this as the “financial equivalent of the Patriot Act,” which will give the banks and their politicians in Washington a license to seize billions of dollars for the benefit of Wall Street bankers.

    Many have speculated that the Bush Administration might launch an “October Surprise” – and it has. This is an outright declaration of war against working people. We’re told there’s no money for health care, education, infrastructure – but in one swoop – $1 trillion has been found to prop up banks and financial institutions. This money has been stolen from working people, who will face massive cuts in every social program.

    Saturday’s Day of Action was originally called by the Stop War on Iran Campaign to protest the Bush Administration’s drive to war against Iran, and the demand “Stop War On Iran” will remain a central theme of the demonstration. In light of recent developments – Washington’s declaration of war against working people in order to fund an unprecedented trillion dollar bailout of Wall Street bankers – anti-war activists need to address the latest phase of the war – the war against working people here.

    No Corporate Bailout! – We need immediate moratorium on foreclosures; health care, education and housing.
    SIGN THE ONLINE PETITION demanding the Feds implement an IMMEDIATE MORATORIUM ON FORECLOSURES AND EVICTIONS, NOW!

    Donate to help with costs for this national day of action at: http://iacenter.org/donate/

    For more information, call 212-633-6646

    Like

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