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Secret Trade Pacts Have Broad Ability to Thwart U.S. Regulations

Ed Brayton’s excellent investigative piece today for TWI’s sister site, The Michigan Messenger, raises a larger issue about how trade agreements often undercut domestic regulation of toxic industries, without the public ever really knowing about it.
It’s an issue that’s gotten lots of attention in other countries, such as Bolivia, where I was reporting on this [...]


Yes, It is Time to Panic

Today should be another scary day on Wall Street, but we’ve got bigger problems. Across the board, economists are calling for global action on the credit crisis — and soon. Very soon. Like no later than this weekend.
From Nouriel Roubini, famous for having predicted this whole mess: