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By Charlotte Mosley
$26.37
By Perry Anderson
$16.67
$23
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By E.J. Dionne, Jr. — Never do I want to hear again from my conservative friends about how brilliant capitalists are, how much they deserve their seven-figure salaries, and how government should keep its hands off the private economy.
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By E.J. Dionne, Jr. — Liberals who have sung the praises of John McCain in the past confront a fascinating test of consistency, integrity and political commitment now that McCain is the virtually certain Republican nominee. It could be an amusing moment. I should know, since I’m one of them.
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Anyone considering a bid for the presidency these days should keep records of their college (and, to be extra-safe, high school) report cards handy, judging by President Bush’s take on the state of the nation’s economy and the relation of that topic to his own educational history.
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time.com
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If you’ve been putting off that trip to see China’s “goddess of the Yangtze,” you’ve waited too long. Scientists believe the human-sized dolphin to be the first aquatic mammal species to go extinct in half a century, a victim of China’s economic growth.
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By Joe Conason — The only way for Rudolph Giuliani to protect his status as the Republican Party’s leading presidential aspirant is to distract his party’s primary voters from the long list of issues that divide them from him.
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By Eugene Robinson — Ted Kennedy, John McCain, George W. Bush and others who want sensible, real-world immigration reform—yes, I just used the president’s name in the same sentence with “sensible”—are going to have to stop running from the word “amnesty.” The new Senate immigration deal is going to get chased clean out of town unless its supporters stand and fight.
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Over the objections of other members, the UK has brought the climate change debate to the U.N. Security Council. Russia, China and Pakistan said it was the wrong venue for the issue, but U.N. Secretary-General Ban Ki-Moon and British Foreign Secretary Margaret Beckett pointed out that rising sea levels, mass migration and economic catastrophe would almost certainly impact global security.
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As interest rates continue to spiral out of control for many high-risk borrowers, the number of home foreclosures around the country is steadily going up. There isn’t much good news for the opportunistic lenders either—more than 20 mortgage companies have already gone bankrupt.
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The Economist
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Alan Greenspan used his powers of economic foresight Monday to caution Americans about a possible upcoming recession. While the former Fed chairman stressed that he can’t accurately predict changes far in advance, Greenspan speculated that we may see a dip in the economy within the year.
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Read around the cliches about single women and cats etc. and find in this NYT story an interesting window into how shifting social values and socioeconomic stratification contribute to a marriage “happiness gap” for many Americans without college educations.
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Since the dissolution of the Soviet Union in 1991 removed much of the padding from Cuba’s economy, Cubans have found some creative ways to alleviate the financial hardships of life under the communist system.
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By Marie Cocco — Expect a battle royal as the newly empowered Democrats seek to make the economy work for those Americans who don’t make more than $1 million per year.
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warc.jalb.de
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A new report by the World Bank’s Independent Evaluation Group criticizes the international lending organization for failing to alleviate global poverty with programs that focus too single-mindedly on growth. The bank estimates that 1.1 billion people subsisted on less than $1 per day in 2001. (h/t: Common Dreams)
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New York Times
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Conservative economics icon Milton Friedman has died at the age of 94. Friedman, a rabid free-marketeer and dogged opponent of regulation, inspired generations of conservatives with his theories.
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noaanews.noaa.gov
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A new report warns that climate change left unchecked would cause the global economy to lose 20% of its value, while acting to address the problem would only cost 1% of global GDP. Sir Nicholas Stern’s report is the first major attempt to address the economics, as opposed to the science, of global warming.
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latinamericanstudies.org
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OK, we had to do it. Some snippets from a focus on the daily grind by the Washington Post:
The Pew Research Center: “Americans believe that workers ... are worse off now than a generation ago—toiling longer and harder for less in wages and benefits, for employers who aren’t as loyal ... in jobs that aren’t as secure.”
The Economic Policy Institute’s “State of Working America 2006/2007”: Productivity may have boomed in recent years, but family incomes have stalled.
Peter D. Hart Research for the AFL-CIO repeats this pessimistic drumbeat: Fifty-five percent of Americans said their incomes were not keeping up with inflation; 38% predicted that the economy would worsen in the coming year.
Also, the origins of Labor Day, My Bad Boss Contest, a four-day workweek, labor statistics, quality of life, undocumented workers’ rights. More labor links? Put ‘em here….
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Sharmini Peries
Sharmini Peries, foreign policy advisor to Venezuela President Hugo Chavez, talks about Latin America’s most contentious leader—and thorn in Washington’s side—since Fidel Castro.
Listen:  Interview (29.3 MB)
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