Cosmic Weather Forecast
The Trillion-Dollar Hole in America's Stocking Part I
Oil prices have doubled. Middle-class home values are dropping. The cost of the $500 billion S&L bailout could easily double next year. The U.S. banking industry stands poised on the brink of its worst decade since the 1930s.
Global Financial Meltdown October 2008 Newsletter
While the middle class has declined under President Bush's reckless economic policies, the people on top have never had it so good. For the first seven years of Bush's tenure, the wealthiest 400 individuals in our country saw a $670 billion increase in their wealth, and at the end of 2007 owned over $1.5 trillion in wealth. That is just 400 families, a $670 billion increase in wealth since Bush has been in office.