Category Archives: economic collapse

Sound and fury, signifying status quo


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


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 →

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‘Nice economy you had here…’


Here’s Paul Krugman last week in The New York Times, urging Barack Obama “to draw a line in the sand” regarding the debt ceiling issue: So what’s really going on is extortion pure and simple. As Mike Konczal of the … Continue reading →

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To Frank Rich, the future looks like Hamlet, Act V


You may have noticed that more and more social critics are looking at the future and seeing very few smiley faces. Here’s Frank Rich’s take on the end of the world as we know it: What haunts the Obama administration … Continue reading →

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Friedman’s cure for Mideast crises? Lemonade


Mick Jagger once sang, “I could use a lemon squeezer!” Thomas Friedman is seeking lemon squeezers, too, but of a different sort. He’s a pollyanna pundit, not a rocker, who’s fond of using the cliche, “When life hands you lemons, … Continue reading →

Posted in economic collapse, globalization, Great Recession, health care, Iraq war, mainstream media, New York Times, Politics, unemployment, world-wide economy | Tagged , , , , , , , , | 1 Comment

‘Rentiers’ to the jobless: Your pain is our gain


Those trying to escape the saga of Anthony Weiner and the Weiner-ettes may not have seen Paul Krugman’s Friday column, which focuses on the relentlessly high unemployment rate and on the fact that the most powerful people in government — … Continue reading →

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

Promoting the 1st annual Chris Christie 100-Yard Walk


Michael Smerconish in The Philadelphia’s Inquirer, inadvertently shedding light on why the mainstream media are so reluctant to bash elitist politicians: It was no surprise to me that Chris Christie took heat for using a state helicopter to attend his … Continue reading →

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A Tina Fey bus tour would put Palin’s in perspective


Where’s Tina Fey when we need her? The question sprang to mind when I read about Sarah Palin’s latest publicity stunt: …Unless Palin decides to formally explore a possible presidential run, she is free to spend the money raised by … Continue reading →

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In praising Scott-Heron, Inquirer buries his message


Gil Scott-Heron, the African-American poet and musician who died this week at age 62, was most famous for his recording of “The Revolution Will Not Be Televised,” a funny and uncompromising call-to-arms that envisions the downfall of the corporate masterminds … Continue reading →

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Subterranean homesick Bob


I tried, but the hundred Inevitables dogged me all day. By the time I got back to the bunker the medicine man was gone and Beethoven had unwrapped a bedroll with Ma Rainey. I’d missed my chance to give Bob … Continue reading →

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