Category Archives: economic collapse

Tom Friedman’s ‘hyperconnected’ fantasy world


The NYT headline was “How did the robot end up with my job?” It was on an op/ed column by Tom Friedman, the corporate media’s foremost cheerleader for the brave new world of downsizing, outsourcing and off-shoring that is the … Continue reading

Posted in economic collapse, God Squad, Great Recession, mainstream media, New York Times, Politics, The New Depression, unemployment, world-wide economy | Tagged , , , , , , | 2 Comments

NPR probes bank’s gift to NYPD (I kid you, NPR)


This just in from a National Public Radio investigation sparked by a post on JP Morgan Chase’s website: JPMorgan Chase recently donated an unprecedented $4.6 million to the New York City Police Foundation. The gift was the largest in the … Continue reading

Posted in economic collapse, Great Recession, mainstream media, Wall Street, world-wide economy | Tagged , , , , | 4 Comments

NYT’s Ginia B. admits Occupy is for real


In her article today, Ginia Bellafante didn’t call Occupy Wall Street “pantomime progressivism” — an improvement — but it seems she still doesn’t quite get what’s going on in Lower Manhattan. Bellafante’s lede refers to Occupy as “ideologically vague and … Continue reading

Posted in economic collapse, globalization, Great Recession, mainstream media, New York Times, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , | 1 Comment

Recession, my ass. Deal with the ‘D’ word.


Come on, Robert Reich, you’re almost there. You mentioned there was zero jobs growth in August. You noted that the number of Americans looking for work “has grown by over seven million” since 2007, but that 300,000 fewer Americans actually … Continue reading

Posted in economic collapse, globalization, Goldman Sachs, Great Depression, Great Recession, Obama, The New Depression, unemployment, Wall Street | Tagged , , , , , , | 3 Comments

My dinner with Barack


I received another dispatch from Barack Obama a few days ago, and this time the subject line made me blush: David, can we meet for dinner? The room whirled and I thought for a moment I might need my jacquard … Continue reading

Posted in economic collapse, Goldman Sachs, Great Recession, humor, mainstream media, Obama, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , , , | 2 Comments

A bankster prerequisite: Scamming 101


Matt Taibbi explains what triggered Wall Street protests Actually, this long quotation from a February interview of Taibbi explains why it’s accurate to think of crooked investment bankers — banksters — as scam artists as well as degenerate gamblers of … Continue reading

Posted in casinos, economic collapse, Goldman Sachs, Great Recession, mainstream media, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , | 1 Comment

Times columnist snickers at Wall St. protesters


To my knowledge, only one story regarding the ongoing Wall Street protests appeared last week in The New York Times, and it was the sort of snarky, condescending dispatch you might expect from a Republican legislative staffer, not from a … Continue reading

Posted in economic collapse, globalization, Goldman Sachs, Great Recession, mainstream media, New York Times, Politics, unemployment, Wall Street, world-wide economy | Tagged , , , , , , | 3 Comments

Liberal decries DN’s report on police violence… Huh?


Here’s how Nathan Schneider of Democracy Now! responded when police violence — and the documenting of it by amateur videographers — finally forced some mainstream publications to stop pretending Occupy Wall Street isn’t happening: In an article that recounts as … Continue reading

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, Obama, Politics, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , | 7 Comments

Meet Blankfein’s buddy, Officer Badass


A young man is pushed and wrestled to the ground by a cop, then handcuffed. His crime? Not immediately retreating as the cop swaggered toward him on the sidewalk. The victim appears to say something to the cop right before … Continue reading

Posted in economic collapse, Great Recession, mainstream media, New York Times, Politics, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , , | 1 Comment

‘Liberal’ media, Wall Street thick as thieves


Will Bunch commented on its invisibility. So did Firedoglake. Keith Olbermann discussed it with Bunch on Countdown, and even Stephen Colbert noted its conspicuous absence from mainstream news reports. I’m referring to the “occupation” of Wall Street (Zuccotti Park/Liberty Plaza, … Continue reading

Posted in economic collapse, globalization, Goldman Sachs, Great Recession, mainstream media, New York Times, The New Depression, Uncategorized, unemployment, Wall Street, world-wide economy | Tagged , , , , , | 1 Comment