Category Archives: economic collapse

The Bain of Mitt’s ambition


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

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It’s 2012, and the frauds are still free


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 , , , , , , , , | Leave a comment

Did Obama not get it?


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 , , , , , | 3 Comments

Politicians and celebrity suckers


Daniel Craig, star of The Girl With the Dragon Tattoo, recently sounded off about politicians, especially the ones who pretend to be hip and progressive in order to win the favor of liberal-minded celebrities: “Tony Blair started it much more … Continue reading

Posted in arts, economic collapse, Great Recession, liar, mainstream media, movies, Obama, Politics, pop music, The New Depression, unemployment | Tagged , , , , , , , , , | 2 Comments

‘Balanced’ reporting? That’ll be the day


Mitt Romney recently told Time magazine that “25 million people are out of work because of Barack Obama. And so I’ll compare my experience in the private sector where, net-net, we created over 100,000 jobs.” Both statements are flat-out lies, … Continue reading

Posted in Congress, economic collapse, Great Recession, liar, mainstream media, Mitt Romney, Obama, Politics, The New Depression, unemployment | Tagged , , , , , , , | 4 Comments

‘Australia’ (Happy Boxing Day)


We’ll surf like they do in the USA We’ll fly down to Sydney for a holiday On sunny Christmas Day… I’m standing in line yesterday at a drugstore, one of those chain stores that turn wall-to-wall red a month before … Continue reading

Posted in arts, economic collapse, Great Recession, humor, Obama, Philadelphia, Politics, pop music, The New Depression, unemployment | Tagged , , , , , | 1 Comment

Chase’s Jaime Dimon — too big to fail


Here’s Matt Taibbi shedding more light, in his inimitable way, on how Wall Street executives, with the help of the D.C. establishment, cheat and bribe their way to a level of wealth and privilege few of us can even imagine: … Continue reading

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, New York Times, Obama, Politics, The New Depression, Wall Street | Tagged , , , | 1 Comment

These days, a bad tooth can break you


How many people have realized that the presumption of belonging to a “middle class” is delusional and dangerous? Enough to toss the reactionaries out of Congress in 2012? Maybe, but wouldn’t the current crop be replaced by a new bunch … Continue reading

Posted in campaign finance reform, Congress, economic collapse, Great Recession, mainstream media, Occupy Wall Street, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , , | 8 Comments

Coddled senator: No minimum wage hike


“Behind every great fortune lies a great crime,” is the Anglicized version of a Balzac aphorism. I would add that behind most Republicans in Congress is a great unearned fortune and a defective sense of irony. Here’s an example from … Continue reading

Posted in economic collapse, Great Recession, humor, Politics, The New Depression, unemployment | Tagged , , , | 1 Comment

Rove’s ads are from the Goebbels playbook


Karl Rove, shown here on Stephen Colbert’s TV show, has taken aim at Elizabeth Warren, perhaps to prove his filthy mind is still as nimble as in 2004, when he destroyed John Kerry’s presidential hopes by portraying him in campaign … Continue reading

Posted in CFPB, economic collapse, history, liar, mainstream media, Occupy Wall Street, Politics, Wall Street | Tagged , , , , , | 1 Comment