How the World Works - Salon.com http://dir.salon.com/topics/how_the_world_works/?source=rss&aim=how_the_world_works en-us Copyright 2007 Salon.com. Tue, 07 Oct 2008 16:10:00 PDT A Fannie Freddie debate primer Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/07/a_fannie_freddie_debate_primer/index.html?source=rss http://www.salon.com/tech/htww/2008/10/07/a_fannie_freddie_debate_primer/index.html?source=rss Here's what you need to know when John McCain starts talking about the mortgage mess Prelude to the debate: Dow falls 508 Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/07/debate_economy/index.html?source=rss http://www.salon.com/tech/htww/2008/10/07/debate_economy/index.html?source=rss Character assassination may lose its appeal after two very bad days for Wall Street and Main Street. Krugman: "We are all Brazilians now" Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/07/international_finance_multiplier/index.html?source=rss http://www.salon.com/tech/htww/2008/10/07/international_finance_multiplier/index.html?source=rss Balance sheet contagion rules the global economy. "Interdependence" is becoming a dirty word. Another step toward nationalizing the finance sector Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/07/fed_commercial_paper_plan/index.html?source=rss http://www.salon.com/tech/htww/2008/10/07/fed_commercial_paper_plan/index.html?source=rss Reactions to the Fed's plan to lend directly to businesses. Plus: Rachel Maddow interviews Paul Krugman. Another day, another radical Fed plan Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/07/radical_new_fed_plan/index.html?source=rss http://www.salon.com/tech/htww/2008/10/07/radical_new_fed_plan/index.html?source=rss The bailout is so last week -- Bernanke and friends are plotting a new dramatic government "rescue" attempt Mr. Megabank endorses Obama Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/06/hugh_mccoll_obama/index.html?source=rss http://www.salon.com/tech/htww/2008/10/06/hugh_mccoll_obama/index.html?source=rss Hugh McColl, the man who turned Charlotte, N.C., into a financial powerhouse, says the Democrat is the man for an economy in chaos. A wild day on Wall Street Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/06/fuld_soros_market_close/index.html?source=rss http://www.salon.com/tech/htww/2008/10/06/fuld_soros_market_close/index.html?source=rss While stock prices gyrate, Lehman's Richard Fuld tells Congress no one expected housing prices to fall so fast and so far. Oh really? Wall Street shudders, again Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/06/financial_panics_then_and_now/index.html?source=rss http://www.salon.com/tech/htww/2008/10/06/financial_panics_then_and_now/index.html?source=rss What bailout? The Dow drops 740 as a financial panic sweeps the world. Global economy panic attack; Dow drops 500 Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/06/global_economy_panic_attack/index.html?source=rss http://www.salon.com/tech/htww/2008/10/06/global_economy_panic_attack/index.html?source=rss Bailout or no bailout, the U.S. stock market can't escape the economic pain sweeping the rest of the world What would Jesus do, about the bailout? Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/03/illegal_immigrant_foreclosure/index.html?source=rss http://www.salon.com/tech/htww/2008/10/03/illegal_immigrant_foreclosure/index.html?source=rss A Christian news organization reports about the danger that illegal immigrants might get mortgage relief from the Paulson plan The end of the Reagan revolution Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/03/bailout_and_reagan_revolution/index.html?source=rss http://www.salon.com/tech/htww/2008/10/03/bailout_and_reagan_revolution/index.html?source=rss The vote to bail out Wall Street marks the demise of deregulation's stranglehold over the American economy The House votes for a bailout Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/03/house_bailout_vote/index.html?source=rss http://www.salon.com/tech/htww/2008/10/03/house_bailout_vote/index.html?source=rss Kicking and screaming, complaining all the way, the ayes have it Message from the House: "You better pray" Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/03/bailout_vote_preview/index.html?source=rss http://www.salon.com/tech/htww/2008/10/03/bailout_vote_preview/index.html?source=rss House Majority Leader John Boehner says no matter how the bailout vote goes, we're going to need God's help McCain was right: Fire Chris Cox! Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/03/fire_chris_cox/index.html?source=rss http://www.salon.com/tech/htww/2008/10/03/fire_chris_cox/index.html?source=rss And Henry Paulson too, while we're at it. They made this mess, and they should pay for it. The New York Times has the evidence Credit crisis, California-style Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/03/california_credit_crunch/index.html?source=rss http://www.salon.com/tech/htww/2008/10/03/california_credit_crunch/index.html?source=rss Annals of the financial panic of 2008: Schwarzenegger warns Paulson that the state may soon need an emergency $7 billion loan A debate question on jobs and the campaign Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/03/unemployment_and_the_campaign/index.html?source=rss http://www.salon.com/tech/htww/2008/10/03/unemployment_and_the_campaign/index.html?source=rss More bad news on the unemployment front: Is government part of the problem, or the solution? What's so wrong about mass hara-kiri? Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/02/joe_stiglitz_on_the_bailout/index.html?source=rss http://www.salon.com/tech/htww/2008/10/02/joe_stiglitz_on_the_bailout/index.html?source=rss A reader makes a sharp observation. Plus: Joe Stiglitz doesn't like the bailout Bushonomics, revisited Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/02/bushonomics/index.html?source=rss http://www.salon.com/tech/htww/2008/10/02/bushonomics/index.html?source=rss A quick review of the economic legacy of the man the New Yorker calls the worst president since Reconstruction. The big bailout squeeze Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/02/politics_of_the_bailout/index.html?source=rss http://www.salon.com/tech/htww/2008/10/02/politics_of_the_bailout/index.html?source=rss Another bad day for the economy, as unemployment jumps and credit gets tighter. Is a bad fix better than no fix at all? Byron Dorgan's warning about risk Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/02/_byron_dorgan_and_risk/index.html?source=rss http://www.salon.com/tech/htww/2008/10/02/_byron_dorgan_and_risk/index.html?source=rss Ten years ago, the senator from North Dakota warned against repealing Glass-Steagall. His premonition came true. The Senate votes for the bailout Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/02/senate_bailout_vote_final/index.html?source=rss http://www.salon.com/tech/htww/2008/10/02/senate_bailout_vote_final/index.html?source=rss By a 74-25 vote the Senate says yes to a $700 billion rescue plan for Wall Street. The specter of bailout-ism is haunting the Senate Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/01/our_socialist_destiny/index.html?source=rss http://www.salon.com/tech/htww/2008/10/01/our_socialist_destiny/index.html?source=rss Is the Paulson plan a slippery slope to socialism? What does a real socialist think? "A tourniquet for a hemorrhaging economy" Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/01/senate_bailout_extravaganza/index.html?source=rss http://www.salon.com/tech/htww/2008/10/01/senate_bailout_extravaganza/index.html?source=rss As the credit squeeze tightens around Main Street, the Senate prepares to vote on its version of the bailout bill. Bipartisan bailout folly Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/01/mark_to_market_accounting_2/index.html?source=rss http://www.salon.com/tech/htww/2008/10/01/mark_to_market_accounting_2/index.html?source=rss Democrats and Republicans are blaming accountants for Wall Street's woes. They are wrong. Everybody gets a bailout! Andrew Leonard Tue, 07 Oct 2008 16:10:00 PDT http://www.salon.com/tech/htww/2008/10/01/senate_bailout_vote/index.html?source=rss http://www.salon.com/tech/htww/2008/10/01/senate_bailout_vote/index.html?source=rss The Senate cooks up a package to rescue banks. Advocates for wind and solar power, parents and even therapists all have reason to cheer