Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

21 March 2008

Public Tuning Out

Rep. Chris Murphy was a bit surprised to have people less concerned about Iraq and more rconcerned about other matters, such as the economy (and rightly so!), in a town forum this week. Maybe not surprised, but people are not making the link to the cost of the war. Cost estimates range from $1tril by the government to $3tril by a recent study. The cost estimate in lost revenues alone for Hartford, CT, is $200 million.

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At What Cost, This War?

What has the war cost your city? The Hartford, CT, city council has estimated the war to cost their city alone $200 million in lost revenues. In a city whose public high schools have a 35% drop-out rate, and neighborhoods with almost 50% unemployment, the war has cost the residents this city a better life and a better future. Who knows the cost for future generations to this and many cities across the country.

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07 March 2008

The Fallout of Subprime Loans-NY Times

An analysis of subprime loans shows they are more prevalent in urban areas where more than 50 percent of the population consists of members of minority groups. This is a must read if all you've been hearing about sub-prime loans as problems with speculators. This is a real story of the deception of lenders and their victims.

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