Michael Dudley

<p>As part of a series of articles in <em>The Nation</em> on a New "New Deal", Bill McKibben argues that we need a huge investment of labor and money into green initiatives.</p>

<p>J.P. Morgan's federally-back purchase of Bear Stearns holds billions in dubious "mortgage backed securities," and Fannie Mae and Freddie Mac are pumping hundreds of billions into the market. Time may be running out for the Federal Reserve.</p>

<p>Robert Pollin &amp; Heidi Garrett-Peltier writing in <em>The Nation</em> show that the U.S. has spent hundreds of billions of dollars in Iraq that could have been much more productively invested in public goods like sustainable infrastructure.</p>

<p>An innovative proposal seeks to deal with both vehicle and internet congestion by placing Wi-Fi access transmitters in cars driving through urban areas.</p>

<p>The Department of Transportation under President Bush has placed an emphasis on market-based measures such as toll roads to alleviate congestion, and this has public transit advocates worried that the Federal government sees no role for transit.</p>