Archive for April 8th, 2009


Railroad Workers United Endorses WERC!

Railroad Workers United

Unity – Solidarity – Democracy: The Rank & File in Action! (206) 984-3051

PO Box 1053, Salem, IL 62881

Workers Emergency Recovery Campaign
P.O. Box 40009
San Francisco, CA 94140
Dear Brothers and Sisters:
At our Executive Committee Conference Call on April 7th, 2009, Railroad Workers United (RWU) voted to endorse [...]

The Geithner-Summers Plan: Even Worse Than We Thought

By Jeffrey Sachs, Huffington Post
Posted on April 8, 2009, Printed on April 8, 2009
Two weeks ago, I posted an article showing how the Geithner-Summers banking plan could potentially and unnecessarily transfer hundreds of billions of dollars of wealth from taxpayers to banks. The same basic arithmetic was later described by Joseph Stiglitz in the New [...]


Ten Principles for a Black Swan-Proof World

Published on Wednesday, April 8, 2009 by Financial Times

by Nassim Nicholas Taleb

1. What is fragile should break early while it is still small . Nothing should ever become too big to fail. Evolution in economic life helps those with the maximum amount of hidden risks – and hence the most fragile – become the biggest.

2. [...]

Single-payer plan is best way to assure true reform in care

By Geri Jenkins
LA Daily News
March 7, 2009
President Obama’s call for achieving “comprehensive” health-care reform this year, and the criteria laid out by the White House for what the plan should include, reflect a large vision and laudable commitment.
Clearly, the moment for transformative change has arrived, starting with the bully pulpit in the Oval Office. What a stark [...]