Category Archives: economic collapse

Obama tries, but wing-nuts reject his love


No irony about the sick state of American politics is funnier than the fact that wing-nuts, no matter how far to the right Barack Obama tilts, continue to vilify him as the Great Satan of socialism and the bleeding-heart champion … Continue reading

Posted in climate change, economic collapse, Goldman Sachs, Great Recession, liar, New York Times, Obama, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , , , | 1 Comment

Bush, Obama rolled lucky 7s for banksters


Did anyone else see the lame TV movie Too Big To Fail, which dramatized the Fall 2008 financial crisis? If not, you didn’t miss anything honest. It was based on the book by Andrew Ross Sorkin, the NYT reporter and … Continue reading

Posted in economic collapse, fiction, finance reform bill, Goldman Sachs, Great Recession, mainstream media, Obama, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , , | 1 Comment

Over there is where the Occupy camp used to be


Robert Scheer links the Occupy movement to the fight against the sort of corruption embodied by the SEC: … As Judge [Jed] Rakoff stated, the Securities and Exchange Commission has charged Citigroup with “a substantial securities fraud” in the sale … Continue reading

Posted in City Hall, economic collapse, Great Recession, mainstream media, Occupy Wall Street, Philadelphia, Politics, The New Depression, unemployment, Wall Street | Tagged , , | 1 Comment

Austerity measures = medieval bleeding


Millions are protesting in Britain, and it’s no wonder — the government is making an already sick economy even sicker. Paul Krugman provides a good analogy: … History says that a financial crisis reduces long-run growth potential if policymakers don’t … Continue reading

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

Gov. Brownback, you really do suck


Great story out of Kansas regarding attempts to intimidate Emma Sullivan, an 18-year-old girl who insulted wing-nut Gov. Sam Brownback in a message to her Twitter friends. The principal of the high school Emma attends ordered her to send the … Continue reading

Posted in arts, economic collapse, humor, mainstream media, Politics | Tagged , , , , , , | 3 Comments

Please don’t feed the corporate beast


A reminder about Walmart, now that the holiday spending orgy is about to begin: Don’t shop there. If you do, you are helping to kill your community and digging your own grave, economically speaking. Sure, I feel bad for Walmart … Continue reading

Posted in economic collapse, globalization, Great Recession, Occupy Wall Street, Politics, The New Depression, Wall Street | Tagged , , , , | 1 Comment

Which side are you on, Dems?


Digby’s nicely distilled description of how Congressional Republicans continue to outmaneuver and cow Democrats — including world-class equivocator John Kerry — who are supposed to be protecting the social safety net: Note [Republican Sen. Jon] Kyl’s language: he never says … Continue reading

Posted in Congress, economic collapse, Great Recession, Obama, Politics, taxes, The New Depression, unemployment, Wall Street | Tagged , , , , | 5 Comments

At Berkeley, a literal meaning for ‘Beat Poets’


Robert Hass, former poet laureate of the U.S., describing how non-violent students and teachers were brutalized by UC Berkeley cops on the very site where the Free Speech Movement was born 50 years ago: … None of the police officers … Continue reading

Posted in arts, economic collapse, Great Recession, New York Times, Politics, The New Depression | Tagged , , , | 2 Comments

Me and the devil and a Dallas church


Blues great Robert Johnson’s songs include “Me and the Devil Blues,” “Hellhound on My Trail” and “Cross Road Blues.” The latter explains how he sold his soul to Satan in return for guitar-playing prowess. It looks like some Christians in … Continue reading

Posted in arts, economic collapse, food, Great Recession, health care, humor, livable cities, New York Times, pop music, The New Depression, unemployment | Tagged , , , , | 2 Comments

From dystopia to reality, via NYPD


At what point does the near-future depicted in a novel stop seeming dystopian and become more-or-less realistic? This is from Super Sad True Love Story, the bestseller by Gary Shteyngart, who read Wednesday at Rutgers-Camden: An armored personnel carrier bearing … Continue reading

Posted in arts, Camden, economic collapse, fiction, globalization, Goldman Sachs, Great Recession, humor, mainstream media, Occupy Wall Street, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , | 1 Comment