Category Archives: economic collapse

Obama is on our side… when he’s campaigning

Posted on December 7, 2011 by oddmanout215

This is from President Obama’s much-praised speech Tuesday in Osawatomie, Kansas, where Teddy Roosevelt gave his “New Nationalism” speech in 1910. The setting was chosen so that the corporate media would link Obama to the resurgence of progressive sentiments among … Continue reading →

Posted in economic collapse, Great Recession, mainstream media, Obama, Occupy Wall Street, Politics, taxes, The New Depression, Uncategorized, unemployment, Wall Street | Tagged 1910, Barack Obama, New Nationalism, re-election bid, Teddy Roosevelt | 4 Comments

Banksters spooked by ‘Occupy Our Homes’

Posted on December 7, 2011 by oddmanout215

Not surprisingly, the corporate news media hasn’t made much of the human drama taking place as foreclosures and evictions by the big banks continue across the country. As Michael Moore wrote yesterday, “You need a Kardashian in your home as … Continue reading →

Posted in economic collapse, Great Recession, mainstream media, Occupy Wall Street, Politics, The New Depression, Wall Street | Tagged Bank of America, evictions, foreclosures, Occupy Our Homes, Take Back the Land, Zero Hedge | 2 Comments

A peculiar way to measure jobs growth

Posted on December 5, 2011 by oddmanout215

Robert Reich is a commonsensical guy, and so what if he sometimes injects false optimism into his commentaries? You can tell he’s merely trying not to be a gloom merchant, that the jobs picture looks as bleak to him as … Continue reading →

Posted in economic collapse, Great Recession, mainstream media, Politics, The New Depression, unemployment | Tagged Bureau of Labor Statistics, job growth, Marvin Gaye, unemployment | 1 Comment

Obama tries, but wing-nuts reject his love

Posted on December 3, 2011 by oddmanout215

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 banksters, Barack Obama, Brady Campaign to Prevent Gun Violence, gun laws, Mitch McConnell, Second Amendment, wing-nuts | 1 Comment

Bush, Obama rolled lucky 7s for banksters

Posted on December 2, 2011 by oddmanout215

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 $7.7 trillion, Andrew Ross Sorkin, Barack Obama, George W. Bush, Ted Rall, Wall Street bailout | 1 Comment

Over there is where the Occupy camp used to be

Posted on December 1, 2011 by oddmanout215

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 Citigroup, Occupy Wall Street, SEC | 1 Comment

Austerity measures = medieval bleeding

Posted on November 30, 2011 by oddmanout215

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 austerity measures, Britain | 1 Comment

Gov. Brownback, you really do suck

Posted on November 28, 2011 by oddmanout215

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 apology, Emma Sullivan, Gov. Sam Brownback, Kansas, Kansas Arts Commission, Kansas City, sucked | 3 Comments

Please don’t feed the corporate beast

Posted on November 25, 2011 by oddmanout215

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 Black Friday, Buy Nothing Day, corporate chain stores, OccupyXMas, Walmart | 1 Comment

Which side are you on, Dems?

Posted on November 23, 2011 by oddmanout215

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 Barack Obama, New Deal, Sen. John Kerry, Sen. Jon Kyl, supercommittee | 5 Comments