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Material Responsibility: What the Banks Did to Baltimore

There’s no shortage of pundits condemning the riots in Baltimore. There are also plenty of well-meaning people focusing solely on the disenfranchisement of particular pockets of that city as if the human beings suffering there were characters in some morality play. But it’s time to talk economics, because the events in Baltimore didn’t happen in

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Strike Debt! Bay Area: Rumors of Occupy’s Death are Greatly Exaggerated

Editor’s note: Strike Debt! is a nationwide movement of debt resisters fighting for a progressive economic agenda in their actions and alliances with several other groups. Susan Harman graciously shared her article documenting Strike Debt!’s Bay Area activities over the past year. You can and should contact the organization for more information.  by Susan Harman

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Uncertain Rule of Law

We face a dangerous new kind of economic uncertainty—uncertainty in the rule of law. After settling with the banks, the government wants the system to snap back into the old rules, with everyone acting as if widespread institutionalized theft never happened. It doesn’t work that way. What assurance do we have that the rules won’t be rewritten again, when more blind forgiveness is needed for us to “look forward, not back”?

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Personalizing the Debt Crisis

Even when personalized, it’s not always about “personal responsibility…” by Walter Brasch You have a credit card with a $25,000 limit. Because you have a good job, you only have $6,000 on the card, and routinely pay the monthly statement and a little extra on the principal. But then you decide you need a 52-inch