Category Archives: economic collapse

Barack Obama, prince of players

Posted on January 26, 2012 by oddmanout215

Listening to Barack Obama’s State of the Union address in 2012 was like listening to his campaign speeches in 2008. Every issue he’d placed in deep freeze during his first three years as president was brought out to thaw. His … Continue reading →

Posted in Congress, economic collapse, globalization, Obama, Politics, Wall Street | Tagged Agincourt, class warfare, Henry V, Lawrence Olivier, State of the Union address | 3 Comments

Slave labor is good for business

Posted on January 24, 2012 by oddmanout215

A depressing piece in the Sunday New York Times re-explained why the U.S. is losing huge numbers of manufacturing jobs, but it didn’t mention how we can hope to reverse this trend if our biggest corporations continue to work with … Continue reading →

Posted in economic collapse, environmentalism, globalization, mainstream media, New York Times, Obama, unemployment, world-wide economy | Tagged globalization, slave labor, Steve Jobs | 1 Comment

Waiting can be bad for your health

Posted on January 22, 2012 by oddmanout215

With apologies to Jagger/Richards, today’s deep thought: It’s OK to wait for something you want, but not for something you need — health care, for example. Sometimes there are no jobs, and money you were counting on simply doesn’t come … Continue reading →

Posted in campaign finance reform, Congress, economic collapse, Great Recession, Politics, unemployment | Tagged Barbara Ehrenreich, dental insurance, Gov. Tom Corbett, greased chute, health care | 2 Comments

Brothers under the skin: Mitt and Jay-Z

Posted on January 21, 2012 by oddmanout215

The question on Bill Maher’s show was “Why do many people not like Mitt Romney?” Maher didn’t mention that Mittens looks soft and un-molded, like a pod creature in Invasion of the Body Snatchers that hasn’t yet assumed full human … Continue reading →

Posted in economic collapse, globalization, Great Depression, Great Recession, Mitt Romney, Politics, The New Depression, unemployment | Tagged Bill Maher, bling, Henry Ford, Jay-Z, Mitt Romney, Mittens, New Deal, social contract, Steve Jobs, Walt Disney | 5 Comments

‘Yes He Can,’ but will he?

Posted on January 19, 2012 by oddmanout215

Has Barack Obama ever acknowledged Robert Reich’s steady stream of criticism regarding Obama’s apparent lack of interest in putting the real economy back on track? He seems to have shunned the former Secretary of Labor, and to have ignored anyone … Continue reading →

Posted in economic collapse, Great Recession, Obama, Philadelphia, The New Depression, Wall Street | Tagged accountability, banksters, Barack Obama, housing market collapse, Justice Department | Leave a comment

Piggy bank empty? Don’t resort to plastic.

Posted on January 18, 2012 by oddmanout215

So why have relatively few formerly middle-class Americans become actively outraged by Wall Street frauds and job-destroying corporate raiders such as Mitt Romney? One answer is that many of us, despite lost jobs or lowered wages, have managed to maintain … Continue reading →

Posted in economic collapse, Great Recession, Mitt Romney, Politics, The New Depression | Tagged college savings, credit cards., Great Recession, piggy banks, savings accounts | 1 Comment

Obama tax Wall St.? Fahgetaboutit!

Posted on January 13, 2012 by oddmanout215

Can you imagine Barack Obama cracking down on financial industry insiders rather than giving them White House jobs? Jeff Cohen can’t: With U.S. media obsessing on the fight here at home among conservatives vying to become president, most of them … Continue reading →

Posted in economic collapse, Goldman Sachs, Great Recession, Obama, Politics, The New Depression, Wall Street | Tagged Barack Obama, financial transaction tax, Nicholas Sarkozy, Wall Street | Leave a comment

The Bain of Mitt’s ambition

Posted on January 12, 2012 by oddmanout215

Mitt Romney actually managed to out-slime Newt Gingrich in campaign ads leading up to the Iowa primary, but Newt is hitting back with a 27-minute film, “When Romney Comes to Town,” that convincingly portrays Mittens as the cold-blooded jobs-killer he … Continue reading →

Posted in economic collapse, Great Recession, liar, Mitt Romney, Politics, unemployment | Tagged "When Romney Comes to Town", Mitt Romney, Newt Gingrich | Leave a comment

It’s 2012, and the frauds are still free

Posted on January 2, 2012 by oddmanout215

I wonder if the old Stones’ song “I’m Free” is on Lloyd Blankfein’s iPod? The song crossed my mind while reading Danny Schechter’s article about the media’s “lack of any real investigation of Wall Street crimes, and the indictments of … Continue reading →

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, Occupy Wall Street, Politics, The New Depression, unemployment, Wall Street | Tagged "I'm Free", corporate media, Lloyd Blankfein, mainstream media, NDAA, perp walk, Rolling Stones, subprime loans, Wall Street fraud | Leave a comment

Did Obama not get it?

Posted on December 30, 2011 by oddmanout215

Why wasn’t job creation the president’s No. 1 priority when he took office? Why didn’t he make a serious, steady effort to get the real economy back on track? Did he really think the bailed-out banks — the banks that … Continue reading →

Posted in campaign finance reform, Congress, economic collapse, finance reform bill, Goldman Sachs, Great Recession, mid-term elections, Obama, Politics, The New Depression, unemployment, Wall Street | Tagged "Confidence Men", Joseph Stiglitz, Paul Krugman, public investment, Ron Suskind, stimulus | 3 Comments