It was with some reservation that I attended an Organizing for America event to discuss President Obama’s Economic Recovery Plan. A week or so ago, Zephyr Teachout wrote Organizing for America Will, and Should, Fail which raised some very important issues about the direction Organizing for America needs to be heading if it is [...]

Author: Aldon Hynes
Everyone is talking about ways to bail out the auto industry now, so I thought I would share my socialist plan.
First, I would not lend the automakers $50 billion, or $25 billion, or what they are currently asking for. It just sounds a little bit too much like the No Income, [...]

Posted by: Jock Gill
To do what? To help us get where?
A very long time ago, on the internet scale, 1992 to be exact, I serendipitously became the first ever presidential campaign staffer assigned to the internet — which meant, in those days, email. This led to my becoming the first White House staffer [...]

Posted by: Jock Gill
Joseph E. Stiglitz writes in a NY Times Op-Ed:
More than a million people have lost their homes in the past two years. A million more are expected to lose their homes in the next 12 months or so. Do you support a more direct program of relief for homeowners? The government [...]

Author: Aldon Hynes
In my recent posts about the financial crisis our country faces, I’ve attempted to get people to understand a little more clearly how mortgages are traded and from that to look more closely at what the bailout really entails. Let us now look at possible outcomes.
The Treasury Department has proposed spending [...]

Author: Aldon Hynes
Yesterday, a friend pointed me to Public Marketup, a website where citizens can read proposed legislation and add comments. It is a wonderful site, and currently has the Treasury Department’s proposal for ‘Authority to Buy Mortgage-Related Assets’ as well as Sen. Dodd’s proposal.
When I first started reading it, I added comments [...]

Author: Aldon Hynes
Last Friday, I wrote about understanding the global financial crisis. Now, a new bailout plan has been presented and we should look at the heart of the matter, the housing crisis. I would like to start off by going into a little more detail about how the mortgage market [...]

Author: Aldon Hynes
Over the past week, financial markets have been in turmoil as one firm after another faces difficulties. Everyone has opinions about how this has happened and what should be done about this. I have my opinions as well and have been writing about this in various venues. This post [...]

Author: Jock Gill
The current financial crisis, see here, here, and here, may just be the death rattle of the 20th century. Clearly the old century must die away before the 21st century can be truly born. This century death could not come soon enough as the exhausted Cold War [...]

Posted by: Jock Gill
A great interview on NPR with Thom Friedman. Highly recommended.
Fresh Air from WHYY, September 8, 2008
Thomas Friedman is a man bent on revolution. In his new book, Hot, Flat, and Crowded, the three-time Pulitzer Prize-winning journalist writes about the need for a green revolution — and calls upon Americans to [...]