Category Archives: economic collapse

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

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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

Posted in economic collapse, mainstream media, mid-term elections, New York Times, Obama, Politics | Tagged , , , , , , , , | Leave a comment

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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Robbing banks, the new-fashioned way


St. Louis bandits were slick, but not as slick as the Wall St. gang Monday’s big story in the Midwest: “Masked gunmen steal huge stash of cash in predawn heist at St. Louis ATM servicing business.” So who’s bolder, the … Continue reading

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