Category Archives: economic collapse

The ‘meeks’ shall inherit the dirt


Philly in summer was a blast furnace until we lucked into a rainy August capped by a visit from Hurricane Irene, the queen of hype. No such luck for Texas, which continues to suffer through its worst drought on record … Continue reading →

Posted in economic collapse, Great Recession, health care, livable cities, Politics, taxes, The New Depression, unemployment | Tagged , , , , , , | 1 Comment

Straight talk on SS? Sanders stands alone


Bernie Sanders, the independent U.S. Senator from Vermont, makes passionate statements in support of working people then backs them up with legislation such as a bill that would strengthen Social Security without cutting benefits. From Sanders’ website: To keep Social … Continue reading →

Posted in Congress, economic collapse, Obama, Politics, The New Depression | Tagged , , , | 1 Comment

Trumka to Obama: We are not the Tea Party


Richard Trumka is a hulking fellow who often wears a big smile, maybe in order to not look threatening. He wasn’t smiling much today when he blasted Barack Obama for failing to do anything in the way of jobs creation … Continue reading →

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

Pesky lawyer still on banksters’ case


When it comes to describing the complacency of the Wall Street banksters, their unabashed disregard for the millions of people they defrauded, and the ease with which they continue to push the right buttons in Washington in order to avoid … Continue reading →

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, New York Times, Obama, Politics, The New Depression, Wall Street, world-wide economy | Tagged , , , , , | 4 Comments

Dems, too, are helping to kill labor unions


Thanks to Atrios and Avedon for calling attention to an on-target overview of the contemporary conservative agenda: … Private-sector employers’ fierce attacks on unions since the 1970s contributed significantly to the sharp decline in the number of unionized workers, and … Continue reading →

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

Gold’s up again. Is Blankfein going down?


The bald little man in the oversize suit who lives in a $26 million apartment next to Central Park may yet have that smirk wiped off his face. He hasn’t been charges in any civil or criminal case — up … Continue reading →

Posted in economic collapse, Goldman Sachs, Great Recession, Politics, The New Depression, Uncategorized, unemployment, Wall Street, world-wide economy | Tagged , , , , | 2 Comments

NY Fed’s bottom line: Banksters above the law


Most people who buck the system are easily pressured to change course, but a few are more likely to get their back up and hold steady, at least until the pressure becomes unbearable. Gretchen Morgenson wrote today of one such … Continue reading →

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

You can’t tell the cops (SEC) from the robbers


As you probably know, e-mailed information often ends up in databases that can be used against us by government agents, corporate spies or even acquaintances out to avenge real or imagined injuries. (I spent two years unsuccessfully trying to salvage … Continue reading →

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, Politics, Wall Street, world-wide economy | Tagged , , , , , | 1 Comment

A jobs-led recovery — what a concept!


A report written by Rutgers law and economics professor Philip Harvey pushes for a jobs-led recovery in place of the jobless recovery over which Barack Obama has chosen to preside up to now. Harvey’s plan involves quick creation of a … Continue reading →

Posted in economic collapse, Great Recession, livable cities, mainstream media, Obama, Politics, The New Depression, unemployment | Tagged , , , | 2 Comments

Cost of Bush’s wars? At least $12K per American


The U.S. in Afghanistan is looking a lot like the U.S.S.R. in Afghanistan. The cost of the war there and in Iraq, our other quagmire, is one of the two main causes of our record deficit, the other being lowered … Continue reading →

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