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Home » Inside USA - A look back at the past year - 10 Oct 08-Part1

Inside USA - A look back at the past year - 10 Oct 08-Part1

Over the last few weeks, the world has watched as some of the best-known brand names in US capitalism have either crumbled or been bailed out by taxpayers. You could be forgiven for thinking that the financial crisis is all about men in suits, whether on Wall Street or in Washington. But the meltdown did not begin on Wall Street and it did not begin just a few weeks ago. It has been building for years as US workers have struggled with stagnant wages and rising costs - whether for housing, fuel or health care. For the past year, Inside USA has been following those stories.

Author: AlJazeeraEnglish
Rating: 5.00 (21)
Tags: , aljazeera, inside, usa, avi, lewis, united, states, america, financial, crisis, economy, health, care, fuel [see all tags]
Date: October 11th, 2008 @05:55:23

Recent Comments

michaelmage | October 11th, 2008 @02:45:26

Too true

michaelmage | October 11th, 2008 @02:46:02

Bizarre huh?

Arelak | October 11th, 2008 @02:49:47

You know the "bailout" should never have been given to those rich elite NWO bastards. They should have given it to reconstruction and getting more americans cheaper homes and work on getting more jobs not just handing out cash to the richest 1%.

TVParkdale | October 12th, 2008 @12:41:39

ffjjkkii: Why not build the same amount of social housing then? Why shove out the underprivileged? Are they not an integral part of the community rather than the developers looking for cheap real estate? Why not, in wake of the crisis, pass a city law that all developments over 100 units MUST have 10% low-rent-geared-to-income units in this city? What about supporting some co-ops? There are numerous solutions instead of the same old tired gentrification excuses.

ffjjkkii | October 12th, 2008 @08:05:16

Worn down, dilapidated and flood ruined homes. It's easy to walk around outside of the buildings and say that they look fine, but you should also realize that silt has transfered itself to the bottom 1/8 of every ground room floor and after three years mold and rot has taken most of the rest. I'm not denying gentrification, it occurs everywhere where people get in the way of progress, but many people view the current situation in New Orleans as a way to make it a better place than it was before.

TVParkdale | October 11th, 2008 @03:37:11

ffjjkkii: Sorry, not buying. The community housing projects are people's *homes*. It is their *community*. Breaking up a community and packing it off elsewhere to appease development is gentrification no matter how the developers want to sell it. It's probably going to be moot now, anyway. The banks will not be throwing money at the developers/speculators. There's already too many empty units no one can afford to rent. The condo boom is bust.

mrshutter77 | October 12th, 2008 @02:02:31

Thank You very much Al-Jazeera for showing the real USA, now there are many Americasn who will see these videos and say these are baised, and that it's not really like this and that these issues don't affect them becuase they are not black. Or Brown, or muslim, o Hispanics, This is the real USA world. THis is the real USA. It's nothign like that you see in Hollywood films, or on CNN or Fox news.

TheFlex21 | October 12th, 2008 @02:52:02

If america doesn't switch over to socialism. It's going to be the world's largest thirld world country.

badfish301 | October 12th, 2008 @09:30:39

Jesse Ventura - Gov. of Minnesota/ Navy Seal/ Demolitions expert says 9/11 was an inside job: watch?v=HQdlBAp-24g Japanese Parliament believes 9/11 was an inside job: watch?v=Oq4_07FmCyA European Parliament 9/11 inside job: watch?v=ciuWbfJkvl8&feature=re lated Angels to Airwaves, Eminem, Mos Def, Immortal technique, Charlie Sheen, Martin Sheen, Sharon Stone, Rosie O'donnell, Tom DeLonge, Daniel Sunjata, Janeane Garofalo, Mark Ruffalo Woody Harrelson, Willie Nelson say 9/11 = INSIDE JOB

daledude66 | October 20th, 2008 @12:22:50

i don't understand why this is some kind of outrage. property values go up and so does rent. If you can't keep up with it then you have to move.

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