Showing posts with label Poverty. Show all posts
Showing posts with label Poverty. Show all posts

12 March 2008

A letter to Jeffrey Sachs, re: Common Wealth, his new book

Wolf writes to Jeffrey Sachs (will we read a Sachs reply?) regarding his new book, Common Wealth. Considering all the noise surrounded "The End of Poverty," does this one add anything to the conversation? Wolf highlights some of the areas with which he agrees, but also poses questions on areas he disagrees.

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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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From the New Deal, a Way Out of a Mess

There are varied reports of how many subprime loans and possible foreclosures are speculators vs. people who live in the homes. While people look to the market to 'care' for families who live in these homes, to protect them from losing their homes, this article gives a real solution. Home Owners Loan Corporation (HOLC), established in 1933, was a New Deal program to help families who were at risk of losing their homes during and after the Great Depression. Surprisingly, all the loans were eventually paid back and the office was closed in 1951, after the last loan was pai off. It is a potentially realistic program that could help the families that may become homeless as a result of the current situation.

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06 March 2008

Gaza humanitarian crisis worst in 40 years: report-Reuters

By Tim Large LONDON (Reuters) - Israel's blockade of the Gaza Strip has created the worst humanitarian crisis since the Israeli occupation began in 1967, aid and rights groups said on Thursday. Food shortages, crumbling health services and a water...

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