Category Archives: economic collapse

Obama calls OUR bluff, not GOP’s

Posted on August 1, 2011 by oddmanout215

For months Obama loyalists at places like Daily Kos have argued against the evidence of their own senses. They insisted critics were wrong to call the president weak and rudderless. They remained confident Obama would stop caving and call the … Continue reading →

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

Just say no, in person, to Obamabots

Posted on July 31, 2011 by oddmanout215

Here’s part of an e-mail I recently received from Barack Obama’s spin doctors: David — As someone who got his start as a community organizer, President Obama’s entire career has revolved around the idea that ordinary people working together can … Continue reading →

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

Bikeless in Philadelphia — again

Posted on July 28, 2011 by oddmanout215

I rarely blog about myself. I prefer the veneer of fiction when it comes to personal matters, so when my bicycle was stolen Monday, I blogged about the thieves in business and government who prosper at the expense of the … Continue reading →

Posted in bicycling, economic collapse, fiction, Goldman Sachs, Great Recession, livable cities, Philadelphia, The New Depression | Tagged , , , | 14 Comments

Groveler-in-chief can’t cut deal on debt

Posted on July 26, 2011 by oddmanout215

Last night I listened to Barack Obama beg right-wing fanatics to accept his proposed solution to the debt ceiling standoff. He may as well have said, “Come on guys, I’m giving away the store plus all the land around the … Continue reading →

Posted in Congress, economic collapse, Great Depression, Obama, Politics, The New Depression, unemployment | Tagged , , , , , , , , , | Leave a comment

WP newsflash: Obama is no FDR!

Posted on July 25, 2011 by oddmanout215

It’s a tradition, I guess. The Washington Post reported the Watergate break-in and now, 39 years later, it is still dropping investigative bombshells: Since the Recovery and Reinvestment Act of 2009 — which Obama and his advisers seem to have … Continue reading →

Posted in economic collapse, Great Recession, mainstream media, Obama, Politics, taxes, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , | Leave a comment

Media to America: What unemployment crisis?

Posted on July 25, 2011 by oddmanout215

On and on goes media coverage of the debt ceiling standoff, a shocking spectacle of Democratic weakness and Republican greed. What’s not being covered in the ongoing misery of the millions of Americans who lost jobs and/or homes and see … Continue reading →

Posted in economic collapse, globalization, Great Depression, Great Recession, mainstream media, Obama, Politics, unemployment, Wall Street | Tagged , , , , | Leave a comment

A new corporate tax holiday would shock even cynics

Posted on July 22, 2011 by oddmanout215

Remember the disastrous “tax holiday” Congress granted mega-corporations such as Apple and GE in 2004? The idea was to allow corporations to bring home huge profits they’d stashed overseas, in the hope they might use the money to create jobs. … Continue reading →

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

Bastille Day for the well-fed

Posted on July 19, 2011 by oddmanout215

The crowd called for Marie Antoinette’s head, they bellowed for it, but in the end the only guillotine victim was a watermelon. The master of ceremonies sentenced the French queen to become Arnold Schwarzenegger’s new housekeeper, not a bad fate … Continue reading →

Posted in economic collapse, fiction, food, Great Depression, Great Recession, mainstream media, Philadelphia, Politics, unemployment | Tagged , , , , , , , | Leave a comment

Sound and fury, signifying status quo

Posted on July 15, 2011 by oddmanout215

Joseph Stiglitz, a few months ago in Vanity Fair: The more divided a society becomes in terms of wealth, the more reluctant the wealthy become to spend money on common needs. The rich don’t need to rely on government for … Continue reading →

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Will Obama side with workers? Don’t hold your breath

Posted on July 11, 2011 by oddmanout215

I saw this from WP posted on Suburban Guerrilla and could hardly believe I was reading about a Democratic president: SEATTLE — President Barack Obama is calling once again for Boeing Co. and its workers to resolve their differences without … Continue reading →

Posted in economic collapse, globalization, Great Recession, mainstream media, Obama, Politics, unemployment, world-wide economy | Tagged , , , , | Leave a comment