Category Archives: economic collapse

‘Look, you fools, you’re in danger!’


Bill Maher can be a bore when he brags about being an atheist, and when he beats the war drum for Israel. But sometimes he makes a good point, as in this piece about misdirected outrage: The answer to whenever … Continue reading

Posted in economic collapse, humor, mainstream media, unemployment, Wall Street | Tagged , | 3 Comments

Surging toward another snafu


Obama’s war propaganda sounds like Bush’s. Put another way, the Obamabots are as eager as the Bushies to put a good face on disaster, if that’s what it takes to keep their candidate’s poll numbers from slipping. And they get … Continue reading

Posted in economic collapse, Iraq war, mainstream media | Tagged , , , , , , | Leave a comment

Busting bagpipers in NYC


When I’m assaulted in a public place by the sound of bad music, I shout “Somebody call the music police!” But I’m joking at such times. I don’t really expect anyone to dial 911 when Madonna is blaring from the … Continue reading

Posted in economic collapse, Goldman Sachs, Great Recession, Occupy Wall Street, Wall Street | Tagged , , , | 2 Comments

In D.C., ‘fat cat’ is a term of endearment


The worst social sickness of our time, the one that might eventually bring down this country, is the growing divide between rich and poor. But you rarely see honest stories about this sickness in our mainstream media, because to acknowledge … Continue reading

Posted in campaign finance reform, climate change, Congress, economic collapse, globalization, Great Recession, mainstream media, Obama, Occupy Wall Street | Tagged , , , , , | 1 Comment

Bank on BofA ripping you off


Matt Taibbi starts his new Rolling Stone article with a Shock and Awe-style barrage of over-the-top analogies: At least Bank of America got its name right. The ultimate Too Big to Fail bank really is America, a hypergluttonous ward of … Continue reading

Posted in economic collapse, Great Recession, mainstream media, Occupy Wall Street, The New Depression | Tagged , , , | 4 Comments

Vampire squid strikes back


Yes, it was fun to read that column by Goldman Sachs apostate Greg Smith, even though most of what he had to say about his former employer had already been reported in one form or another by Matt Taibbi, who … Continue reading

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, New York Times, Wall Street | Tagged , , , , , | 2 Comments

Serfs don’t need no schoolin’


Many politicians and business leaders these days think the public education system is overvalued. After all, you don’t need to read The Great Gatsby to operate a power mower. You don’t have to know the atomic weight of carbon to … Continue reading

Posted in Congress, economic collapse, globalization, Great Recession, Mitt Romney, The New Depression, unemployment | Tagged , , , , | 4 Comments

‘Job creation’ behind closed doors


How comforting that Barack Obama was scheduled to have another closed-door meeting last night with CEOs from America’s largest companies. Did he talk to them about job creation? Did he go so far as to urge them to “start hiring,” … Continue reading

Posted in economic collapse, Great Recession, humor, mainstream media, Obama, The New Depression | Tagged , , , , , | 5 Comments

Greenspan’s legacy is Ayn Rand’s


A new book by Gary Weiss details Ayn Rand’s profound influence on generations of right-wing ideologues. Her most prominent contemporary acolyte might be the smug U.S. Rep. Paul Ryan, whose goals include abolishing Medicare and Social Security. However, I’m guessing … Continue reading

Posted in economic collapse, fiction, Great Recession, The New Depression | Tagged , , , , , | 1 Comment

Class warfare? It’s only just begun


I should change my name to Ed Anger. Or Joe Jeremiad. I’m disgusted that the robber barons who rule the GOP were able, with much help from the corporate media, to push into the language the catchphrase “right to work,” … Continue reading

Posted in David Brooks, economic collapse, globalization, Great Recession, mainstream media, Mitt Romney, New York Times, The New Depression | Tagged , , , , , | 2 Comments