Monthly Archives: September 2011

When serfs fight back, GOP cries ‘Class warfare!’


This week’s winner of the chutzpah award is libertarian con man Paul Ryan, for accusing the Democratic Party of “class warfare.” Ryan is a disciple of Ayn Rand, the Benzedrine-addled academic who wrote two door-stopper novels that celebrated “the morality … Continue reading

Posted in arts, Congress, economic collapse, fiction, globalization, Great Recession, humor, mainstream media, Obama, Politics, The New Depression, unemployment, world-wide economy | Tagged , , , , , , , | 2 Comments

Are e-books tomorrow, or just the end of time?


Check out this from The Economist in case you’re still wondering about the future of mass-produced paper books: To see how profoundly the book business is changing, watch the shelves. Next month IKEA will introduce a new, deeper version of … Continue reading

Posted in arts, enviromentalism, humor, mainstream media, movies, pop music | Tagged , , , , , , , | 4 Comments

Banking on degenerate gamblers


Confirmation that a “rogue” trader somehow lost $2 billion making “unauthorized” trades at UBS “will test the faith of investors, clients and regulators,” says Wall Street Journal. It should also test the credulity of anyone who would still argue that … Continue reading

Posted in casinos, Congress, economic collapse, finance reform bill, Goldman Sachs, Great Depression, Great Recession, Politics, The New Depression, Uncategorized, unemployment, Wall Street, world-wide economy | Tagged , , , , , , | 2 Comments

Today’s Republicans would NOT like Ike


Here’s a fresh perspective on the nest of vipers officially known as the Republican Party. The writer, Mike Lofgren, a former Republican Congressional staffer, argues that Republicans really are trying to bring down the federal government, and might succeed because … Continue reading

Posted in Congress, economic collapse, globalization, Great Depression, Great Recession, health care, mainstream media, Obama, Politics, taxes, The New Depression, unemployment | Tagged , , , , , , | 1 Comment

Obama’s ‘odd strategy’ for pushing jobs bill


Poor Robert Reich. Every time I look at the photo of him that runs with his column he seems to look more bemused, or even dumbfounded, and I can’t help thinking it’s because President Obama is slowly driving him crazy. … Continue reading

Posted in economic collapse, Great Recession, mainstream media, Obama, Politics, taxes, unemployment, world-wide economy | Tagged , , , | 3 Comments

Ten years after, we’re still in a dark age


The shame of it is that Osama bin Laden was counting on America to react in a disastrously foolish way to the 9/11 attacks, and no one in government was clever or cool-headed enough to disappoint him. In fact, the … Continue reading

Posted in Congress, economic collapse, Iraq war, mainstream media, Politics, world-wide economy | Tagged , , , | 1 Comment

Bush speaks on 9/10, supersizes lies


Yesterday on the Atlantic City Expressway, at the sprawling Frank S. Farley rest stop, I remembered how quickly 9/11 became a device for generating hatred while at the same time lulling Americans into swallowing lies about costly, undeclared wars. All … Continue reading

Posted in Congress, economic collapse, food, Great Recession, humor, mainstream media, Politics, taxes, The New Depression, unemployment, world-wide economy | Tagged , , , , , | 1 Comment

Obama offers new spiel, but no New Deal


I wasn’t surprised that Paul Krugman didn’t slam my good buddy Barack’s jobs plan, a mix of tax cuts and increased government spending that makes more sense than anything congressional Republicans will ever put together. But I thought it excessively … Continue reading

Posted in Congress, economic collapse, Great Recession, mainstream media, Obama, Politics, The New Depression, unemployment | Tagged , , , , | 1 Comment

Pre-speech e-mail from my buddy Barack


I received an e-mail from the president late Thursday afternoon as he was preparing for last night’s important jobs speech. The chief addressed me as “David” and signed his message “Barack.” I was so moved by this personal gesture, I … Continue reading

Posted in Congress, economic collapse, enviromentalism, globalization, Great Recession, Obama, Politics, taxes, The New Depression, unemployment, Wall Street | Tagged , , | 4 Comments

Harvard Business Review: ‘Was Marx right?’


You know the economy is on its last legs when a Harvard Business School publication reminds us that Karl Marx might have been on to something in his critiques of industrial-age capitalism. In an article headlined “Was Marx right?” economist-consultant … Continue reading

Posted in economic collapse, globalization, Great Recession, mainstream media, Obama, Politics, taxes, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , | 1 Comment