Foreclosures 101 – Part 1

foreclosures soar

Kwazi Nkrumah: For years the banks, real estate agents and investors in real estate securities on Wall Street were making money hand-over-fist. They did all this while pretending to break from their previous established history of gross discrimination and red-lining against the disproportionately non-white borrowers whose limited financial resources forced them into “sub-prime” status in the first place.

Inequality: The Real Cause of America’s Economic Woes

GOP-and-CEO-pay-wide

Robert Reich: During periods when the very rich took home a much smaller proportion of total income — as in the Great Prosperity between 1947 and 1977 — the nation as a whole grew faster and median wages surged.

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Baby Steps in Plastic Bags

plastic waste

Dick Price: But what if all hundred people at my workplace followed suit? That’s 50,000 plastic bags per year that wouldn’t be fouling the environment. Or the 800 members of my church? Another 400,000 bags not killing wildlife. All 10 million LA County residents? Five billion bags. All Californians? That’s 19 billion bags—and now e’re waist deep in the Big Plastic.

Double Trouble, Oil and Bubble: Something Slick This Way Comes

mary pallant

Mary Pallant: Spill doesn’t sound too bad and yet we continue to call this mess in the Gulf a spill. This is not a spill; this is a catastrophe of unheard of proportions. This is so detrimental that the effects and impact are not going to be fully known for years to come. So detrimental that BP still does not know how much is “spilling” into our oceans.

Doomed Pelicans: British Petroleum Neglecting Booms in Pelican Rookery

bp's oil spill

Georgianne Nienaber: Dawn offered a grand sunrise, and as our skiff skimmed over relatively flat seas, the endless sky was a counterpoint to the sickening sheen on the water’s surface, blobs of red-orange light crude, and worse yet, bubbles of foam and oil that indicated controversial dispersants had done their job, suspending oil in the water column, making the water opaque and denying sunlight to the organisms below.

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