Archives of Monthly News Updates
for a
Time of Transition
Bail Out
We have not continued updating news on the many bailouts that followed these early ones, which were shocking at the time but have become commonplace, having extended now beyond banks to car companies. We see them as efforts to stave of the inevitable economic changes that must occur in this time of transition. At best they will give us all time to make the personal and community changes we need to make to safeguard our futures sustainably.
October, 2008
* A massive transfer of financial risk onto the shoulders of working
men and women whose most critical assets - their homes and retirement plans
- leaves them painfully vulnerable.
Mean St. Replaces Main St.
LA Times 10/4
* Now that the bailout had been approved, we make be asked to pony-up more.
Markets Look for More Help LA Times 10/4
September, 2008
* Here's a solution that's so obvious you've got to wonder what's behind
the fact no one is talking about it.
How Wall Street Can Bail Itself Out without Destroying the Dollar
Thom Hartmann, 9/28
*It's time to come back home.
Buy Local and Help
Main Street Common Dreams 9/28