A new New Deal

Pub date October 14, 2008
WriterTim Redmond
SectionPolitics Blog

I like Obama’s call for a moratorium on foreclosures, although it doesn’t go far enough. But The Nation has been running some great stuff on what a real plan to overhaul the U.S. economy and get us out of this crisis would look like.

William Greider has a clear, coherent explanation of what went wrong and a prescription for how to fix it here. Howard Zinn talks about how to spend the money on the middle class, not Wall Street.

Paul Krugman talks about partial nationaization of the banks here. Funny how even the mad privatizers of the Bush Administration are being forced to accept at some level that idea that the public ought to own part of the financial institutions that we’re bailing out.