Category Archives: economic collapse

Take away my rights, not my toys


Why FDR’s words wouldn’t resonate today “No country, however rich, can afford the waste of its human resources. Demoralization caused by vast unemployment is our greatest extravagance. Morally, it is the greatest menace to our social order.” In 1934, FDR’s … Continue reading

Posted in economic collapse, Great Depression, mid-term elections, unemployment, Wall Street, world-wide economy | Tagged , , , , , | Leave a comment

A new casino in this economy? Are you crazy?


The utilitarian gambling hall erected on North Delaware Avenue at the border of Fishtown and Northern Liberties puts 1,600 slot machines and 40 card tables within easy reach of neighborhoods across the city, many of them low-income. With the illusive … Continue reading

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Headless bodies and hapless Democrats


Think GOP’s morons can’t win midterms? Think again Keith Olbermann knows Republican candidates are funny. He airs clips of their boneheaded declarations so that we who lean left can laugh, in an incredulous way, at how grotesque the right wing … Continue reading

Posted in Congress, economic collapse, immigration, mid-term elections, Obama, Politics, unemployment | Tagged , , , , , , , , , , | 1 Comment

You, sir, are no Lonesome Rhodes


Where are the fire-breathing, chest-beating demagogues of old? I saw clips of Glenn Beck exhorting the crowd to come back to Jesus during his “Restoring Honor” event in D.C. and I wondered, honestly, how this simpering buffoon rose from radio … Continue reading

Posted in economic collapse, mainstream media, Nativism, Politics | Tagged , , , , , , , | 3 Comments

Newsflash: Iraq not ready for U.S. pullout


The war has cost close to $1 trillion so far. Guess who’s paying for it? Earlier this week more than 60 people were killed in a suicide bombing in Baghdad as they stood in a long line waiting to apply … Continue reading

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‘Canadian health care?’ We should be so lucky


Robert Gibbs is the new poster boy for Dem cowardice Like many other Democrats, I puzzled for a few days over Robert Gibbs’s scornful remarks about the “professional left.” Is President Obama’s press secretary just another beefy bureaucrat who lost … Continue reading

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Brother, can you spare… a twenty?


Joblessness will be ‘the new normal’ if Americans tune out It’s hard to tell what’s coming, anarchy or more apathy, but there’s no doubt that things haven’t looked this bleak for the poor and near-poor since the 1930s. (Think Al … Continue reading

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Summers, Geithner give elitism a bad name


Obama’s go-to guys botched economic recovery. Why do they still have jobs? Barack Obama thinks Ivy League grads who’ve worked on Wall Street have all the answers, which is why he ended up depending on Laurence Summers and Timothy Geithner … Continue reading

Posted in Congress, economic collapse, New York Times, Obama, Politics, unemployment | Tagged , , , | 2 Comments

NYT to 99ers: Chances for new benefits ‘slim to none’


Senate Democrats, on six-week vacation, seem to agree Reporter Michael Luo came through this week with a story on the long-term unemployed, which was more or less a case study of how dangerous it is to lose your job in … Continue reading

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A moment of clarity at the coffee shop


Consumer protection starts with saying no to ATM fees A small example of how banks take advantage of customers and why Elizabeth Warren should be appointed to lead the soon-to-be-established Consumer Financial Protection Bureau: On most days I stop for … Continue reading

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