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March 9, 2008

Subprime Lending's Smartest Guys in the Room

by Nomi Prins, Mother Jones, USA - This Enron-WorldCom déjà vu is brought to us courtesy of America's housing industry, and the standard narrative is that irrational buyers drove up home values while banks made loans to the wrong people. The truth is that this latest bust is about stock prices as much as housing prices—and that's where the real scandal lurks. Skyrocketing home prices were nothing compared to the bubble experienced by Wall Street's housing sector.

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BYLINE PORTAL

Tribes Versus Terrorists

by Ashley Bommer, Today's Zaman, Turkey - The United States went into Afghanistan to destroy al-Qaeda. But seven years later, what has the US achieved?...

Illiteracy Eradication Programs Struggle with the Numbers

by Safaa Abdoun, Daily News, Egypt - Amid the noisy, crowded streets and bustling activity in the Cairene squatter settlement of Mansheyat Nasser, in the...

Ban the Cluster Bomb

by Lynn Bradach, Los Angeles Times, USA - In the last 10 years, the United States has used cluster bombs in civilian-populated areas of Afghanistan,...

Diction Matters

by Saba Naqvi, Outlook, India - Terror has given Indian politics a big jolt. Just when the political process appeared to be the sum total...

The Rights of the Land

by Robin Kimmerer, Orion, USA - The Onondaga Nation of central New York proposes a radical new vision of property rights....