In
Washington, a Split Over Regulation of Wall Street As
Congress and the Bush administration struggle
to contain the housing and credit crises —
and prevent more Wall Street firms from collapsing
as Bear Stearns did — a split is forming
over how to strengthen oversight of financial
institutions after decades of deregulation.
Fed
to be given MORE authority The Federal
Reserve and Treasury are playing a dominant day-to-day
role in overseeing Wall Street following this week’s
rescue of Bear Stearns.
Taser
Claims Its Latest Young Life The "less
than lethal" Taser has claimed another life
after a seventeen year old was tasered by cops
inside a grocery store he worked at in Charlotte,
North Car
China
ships 80 truckloads of troops toward Tibet China sent
additional troops into restive areas Thursday and
made more arrests in the Tibetan capital in an effort
to suppress anti-government protests.
Outside
the Box Bullhorns the Fox Alex Ansary
makes some noise outside a concert hall in Portland,
Oregon where Vincente Fox spoke on March 19th, 2008.
The
Triple Failing of the Big Private Banks Since August
2007, US and European banks have constantly made
headline news concerning the deep crisis they
are going through and its knock-on effect on the
neoliberal economic system as a whole.
