Roadmap to a better economy
This is not the 1930s. We are not reliving the world depression. There is a crisis, because financial capitalism has reached a dead end. As a result, economic life is likely to get worse in Canada, and elsewhere.
Right now there is a lot of talk about what it would take for things to get better. The hidden question is what does better mean?
Bailout bust: Five steps to a soft landing
Let me put it starkly: (spending) power to the people. With governments on the verge of a possible $2.8-billion-and-growing handover to the auto sector, it has to be asked: where's the movement to go Main Street with our money?
The suddenness and scale of the huge auto industry crisis is naturally sowing political and economic confusion. But solutions must pass some reality tests - and there's a good possibility that we may be watching one of the biggest con-job corporate giveaways ever.
Dollars and sense
Republican senators in the U.S., playing politics with the future of the North American auto industry, tried to scapegoat the United Auto Workers for the apparent failure of the U.S. auto rescue package. While an interim lifeline to help the industry survive now seems imminent, many misconceptions remain about how much auto workers are paid. Many have falsely claimed that auto workers make $70 or more per hour and hence are to blame for the industry's woes.
The rise and fall of the U.S. auto industry
Ford, GM and Chrysler, America's "Big 3" automakers, are in serious trouble and demanding help from the government. Is the global economic crisis to blame, or are these companies simply not adapting to the markets, making big expensive gas guzzlers that no one wants? Al Jazeera's Washington correspondent takes a brief look at the history of big cars and the American dream, and also explores possible global repercussions if the Big 3 go bankrupt.
To get an idea of American public opinion on the bailout, check out the Gallup poll video too.