Top Stories from Corporate Accountability and WorkPlace on AlterNet April 3rd, 2008 From the editors: According to the Associated Press, we're seeing "The worst case of food inflation in nearly 20 years." Food prices -- which are not included in the calculation of "core inflation" -- rose 5 percent overall in 2007. But the cost of some staple items have ballooned much more than that; "Record-high energy, corn and wheat prices in the past year have led to sticker shock in the grocery aisles," notes the AP. "At $1.32, the average price of a loaf ofbread has increased 32 percent since January 2005. In the last year alone,the average price of carton of eggs has increased almost 50 percent." This is coming after years of stagnant wages, and at a time of rising unemployment. The result, as several media outlets noted this week, is that an all-time record 28 million Americans -- almost one in ten -- are expected toreceive food stamps this year. Most of those families are among the working poor, unable to make ends meet on their paychecks. An ABC News affiliate interviewed James Caldwell, who heads a food bank in Ohio, the heart of thestruggling "rust belt." Caldwell said that an unusual group of people werestarting to use his agency's services: former donors. "What we are starting to see now are individuals, who were once contributors to the food bank, now beginning to access some of that network that we serve because they've been unemployed either temporarily or [on] a permanent basis." Yes, I know these notes have been depressing of late, but the economy doesn't lend itself to a lot of sunny stories right now. It's important to keep up to speed, however, so check out this week's content. Joshua Holland Editor, Corporate Accountability and Workplace coverage ARE WE HEADED FOR THE NEXT GREAT DEPRESSION? By Jeff Faux, The Nation A huge pyramid of debt was made possible by thirty years of relentless deregulation of financial markets. THE WORLD BANK'S CLIMATE PROFITEERING By Daphne Wysham, Shakuntala Makhijani, Foreign Policy in Focus The bank is turning dirty carbon credits into gold -- bad news for those seeking a real solution to the climate crisis. TEACHER'S STRIKE SHUTS DOWN CLASSES IN PUERTO RICO By JosИ A. Laguarta RamМrez, Labor Notes The strike was the first held in defiance of a 1998 territorial law that prohibits public-sector workers from striking. BREWING TROUBLE: HOW TO DRINK BEER AND SAVE THE WORLD By Benjamin Dangl, AlterNet Can corporate be fought through THE NEW DEAL'S UNSUNG VICTORY By Sam Pizzigati, Too Much: A Commentary on Excess and Inequality "Policies that produce more egalitarian societies may explain profound health improvements." FED UP: THE BUSH-PAULSON FINANCIAL REFORM PLAN IS A BOGUS SCHEME By Danny Schechter, AlterNet Suddenly, it's been discovered that the financial system is on the verge of collapse. Solution? Dump the problem in someone else's lap. CLIMATE CHANGE IS A WAKE-UP CALL TO RADICALLY REFORM OUR ECONOMY By Preeti Mangala Shekar, Tram Nguyen, ColorLines The people most affected by the injustices of the polluting economy are already helping to lead the way. POPULISM RISING By Robert L. Borosage, The American Prospect Populist rhetoric is resonating with voters across the country as the economy goes from bad to worse. CHECKS FOR $600 WON'T FIX OUR ECONOMY By Jim Hightower, Hightower Lowdown America can't shop its way to greatness, and this one-time, shopping spree won't lead us to a sound economy. AlterNet Blogs: OLBERMANN WAGES A "NIGHTLY, INDEFINITE" WAR AGAINST WAL-MART FOR SUING BRAIN DAMAGED EMPLOYEE By Ali Frick, Think Progress Keith Olbermann says he will keep reminding people of "what they're supporting when they go to Wal-Mart. KRUGMAN ON BUSH AND MCCAIN'S HOUSING CRISIS RESPONSE: "IT'S LIKE KATRINA" TO SAY "LET PEOPLE SUFFER" By Amanda Terkel, Think Progress "It would be a little different if the administration said housing prices are going up. If they hadn't said there's no bubble," said Krugman. These stories and more are available in Corporate Accountability and WorkPlace on AlterNet. Visit to support AlterNet and independent journalism. Purchase: Visit to Purchase.

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