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Browse: Home / credit crisis

credit crisis

The Australian economy's biggest problem? Barack Obama

By Mark Bahnisch on March 9, 2009

Politically, much of the resilience of Kevin Rudd’s government in the face of the economic downturn is explicable by voter perceptions that the causes of the crisis are external to this country – the Global Financial Crisis. While that’s largely [...]

Posted in Economics, Markets, USA | Tagged banking, banks, barack obama, credit crisis, economy, GFC, global financial crisis, ideology, Kevin Rudd, liquidity, nationalisation, nationisation, neo-liberalism, Paul Krugman, social democracy, Tim Keithner | 49 Responses

We're all rooned!

By Mark Bahnisch on October 27, 2008

Malcolm Turnbull, whose peregrinations around themes on economic management I documented earlier, might actually be revealing some method in his madness. Possibly the regular calls for bipartisanship always follow the beatups and ranting and raving over alleged government incompetence. It [...]

Posted in Economics, Markets, Media, Sociology | Tagged ALP, bank deposit guarantee, credit crisis, economic policy, financial crisis, investment products, investment vehicles, Kevin Rudd, Labor, Liberal Party, Malcolm Turnbull, managed funds, mortgage funds, Rudd government, Sociology, twitter, welfare policy | 36 Responses

The state of capitalism today II

By Mark Bahnisch on October 13, 2008

SocProf over at The Global Sociology Blog and I must be reading the same things, and thinking along similar lines, because I had planned to link to precisely the same articles she highlights in an update to my recent post [...]

Posted in Apocalypse, Disasters, Economics, Europe, Foreign Elections, International, Markets, Media, Nationalism, Politics, Sociology, USA | Tagged ALP, banks, Ben bernanke, Canadian election 2008, Capitalism, credit crisis, credit crunch, deregulation, economic crisis, economic policy, federal reserve, financial meltdown, financialisation, globalisation, gordon brown, Immanuel Wallerstein, interest rates, Kevin Rudd, krondatieff cycles, Labor, liquidity crisis, neo-liberalism, New Labour, political economy, politics & government, recession, regulation, social democracy, socialism, Sociology, stephen harper, stock markets, subprime mortgages, TARP, Tony Blair, us economy, US election 2008, USA Election 2008, Wall Street, Will Hutton, world economy, world systems theory | 28 Responses

The state of capitalism today

By Mark Bahnisch on October 9, 2008

Iceland may be a barometer for what’s changing in the world economy. It was only very recently that the Milton Friedman fan club was hailing Iceland as a “Nordic Tiger”, lauding its flat taxes and praising its “economic freedom”. “Economic [...]

Posted in Activism, Consumerism, Culture, Economics, Ethics, International, Markets, Media, Politics, Poverty, Sociology, USA | Tagged alan greenspan, ALP, Andrew Crook, banks, Ben bernanke, Bill Clinton, Capitalism, credit crisis, credit crunch, deregulation, economic crisis, economic policy, federal reserve, financial meltdown, financialisation, globalisation, gordon brown, Guy Rundle, Iceland, interest rates, Kevin Rudd, Labor, liquidity crisis, Mark Davis, Milton Friedman, neo-liberalism, political economy, politics & government, recession, regulation, social democracy, socialism, Sociology, stock markets, subprime mortgages, TARP, us economy, US election 2008, USA Election 2008, Wall Street, world economy | 89 Responses

Liveblogging the House debate on the TARP bailout bill

By Kim on October 4, 2008

Earlier on tonight, the indications were that the US House of Representatives would be voting around 2am AEST on the revised version of the TARP bailout bill (with extra billions of dollars in pork to attract lawmakers’ votes – added [...]

Posted in Blogging, Economics, Foreign Elections, Markets, USA | Tagged Congress, credit crisis, financial markets, henry paulson, House of Representatives, John McCain, liveblogging, Paulson bailout, TARP, us economic crisis, US election 2008, us treasury, USA Election 2008, Wall Street | 8 Responses

House Republicans – quote of the week – it's Dostoevsky, stupid!

By Kim on October 3, 2008

Timothy Garton Ash, writing in The Guardian, has picked it:

Posted in Economics, Levity, Markets, Politics, USA | Tagged American politics, credit crisis, financial markets, GOP, House Republicans, TARP, Thaddeus McCotter, us economy, Wall Street | 14 Responses

US economic crisis policy links post; and Obama and the economy

By Mark Bahnisch on October 2, 2008

<img src="http://larvatusprodeo.net/wp-content/uploads/2008/10/fdr.jpg" align=left One point of view that’s been expressed about the financial markets crisis can be summed up by something I read at Crooks & Liars today: Have you noticed that every person suddenly knows everything there is to [...]

Posted in Economics, Foreign Elections, Poverty, Sociology, USA | Tagged barack obama, blogosphere, credit crisis, economic policy, economic sociology, Economics, FDR, financial markets, Franklin Delano Roosevelt, Karl Polanyi, New Deal, New New Deal, political economy, Sociology, TARP, us economy, US election 2008, us treasury, USA Election 2008, Wall Street | 10 Responses

Here's something a bit interesting

By Kim on October 2, 2008

Some Democratic congressfolks have had the intriguing and unorthodox idea that the role of Congress is to legislate. Ian Welsh has the details on the preparation of alternative bills to the Paulson take it or leave it (with bells and [...]

Posted in Economics, Markets, USA | Tagged banks, Congress, credit crisis, David Scott, Elijah Cummings, financial markets, henry paulson, House Democrats, Ian Welsh, interest rates, Lateline, Lloyd Doggett, Malcolm Turnbull, Paul Keating, Peter De Fazio, reserve bank, TARP, us economy, us treasury, Wall Street | 4 Responses

Playground politics

By Kim on September 30, 2008

The Nancy Pelosi speech that made the Republicans cry: Context in this post about the Congressional rejection of TARP.

Posted in Economics, Foreign Elections, Markets, USA | Tagged Bush administration, credit crisis, financial markets, George W. Bush, GOP, henry paulson, House Democrats, House Republicans, Nancy Pelosi, Paulson bailout, TARP, US election 2008, USA Election 2008, Wall Street | 18 Responses

Is neoliberalism finished?

By Mark Bahnisch on September 29, 2008

The question’s in the air at the moment. In the Australian blogosphere, John Quiggin thinks the financial markets crisis has killed it off, while Nicholas Gruen is (rightly in my view) more skeptical. [In response to commenters, Quiggin goes on [...]

Posted in China, Developing world, Economics, Foreign Elections, Foreign policy, International, Markets, Philosophy, Politics, Sociology, USA, War | Tagged barack obama, Ben bernanke, Bush administration, christopher dodd, credit crisis, economic management, economic sociology, federal reserve, financial markets, henry paulson, market bailout, neoliberalism, political ideologies, political sociology, social democracy, socialism, sovereign wealth funds, sub prime mortgages, TARP, us economy, US election 2008, us treasury, USA Election 2008, Wall Street, Washington consensus | 74 Responses

The end of financialisation? II

By Mark Bahnisch on September 19, 2008

As a supplement to earlier posts on the sociology of the global financial crisis from Kim and dk.au, I thought I’d note something very interesting written by Henry Farrell at Crooked Timber. Farrell traces the shift in paradigm in the [...]

Posted in Economics, International, Markets, Media, Sociology, USA | Tagged barack obama, Ben bernanke, Bill Clinton, Bush administration, City of London, credit crisis, economic sociology, financial crisis, financial markets, financial regulation, globalisation, gordon brown, Henry Farrell, henry paulson, John McCain, Jon Cruddas, Labour, neoliberalism, New Labour, political economy, political sociology, Robert Skidelsky, social democracy, sociology of knowledge, sociology of science, sub prime crisis, US election 2008, us treasury, USA Election 2008, Wall Street | 62 Responses

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