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Category Archives: economic collapse
Atlantic City’s ultimate crap-out, a.k.a. Revel
They echoed in my head this morning, the words of Swamp Rabbit as he confronted me at my shotgun shack in the Tinicum swamp: “What’s your plan, Odd Man?” The pesky little rodent mocks me because I tend to bitch … Continue reading
Walter White, working-class hero
Last week the Philadelphia Daily News ran a story about unemployment with a photo of a middle-aged man in a business suit — a former office worker out of luck and money — begging for a job on a streetcorner … Continue reading
The pig and the Post (another trophy for Jeff Bezos)
A few facts about Jeff Bezos, billionaire CEO of Amazon.com, the enormously profitable online department store that’s beating up on bricks-and-mortar retail outlets: 1) The price Bezos paid this week for the Washington Post was $250 million, about one percent … Continue reading
Tom Friedman’s brave new fantasy world
Richard Eskow’s insights regarding Thomas Friedman will make perfect sense to anyone who has read Friedman’s gung-ho dispatches about globalization and entrepreneurship in the digital age, or his advice to the discouraged — “But you know what they say to … Continue reading
Dems-in-name-only won’t help close income gap
Paul Krugman, commenting on one of the moral midgets who pushed through the House a new farm bill that would maintain generous government subsidies for agribusinesses while eliminating food stamps: Now, some enemies of food stamps don’t quote libertarian philosophy; … Continue reading
Krugman strains eyes, can’t see light at tunnel’s end
Give credit to Paul Krugman for consistently refusing to pretend the so-called Great Recession was anything less than a depression. Now he’s suggesting hard times might be here to stay, because working-class Americans are too brain-dead to take action on … Continue reading
Ding dong! Maggie’s dirty deeds live on
From a 2004 column in Daily Mail on what happened to the working class in Britain after Margaret Thatcher’s successful crusade to kill the miners’ union: … What the [coal miners’] strike represented to us was a set of values … Continue reading
When life feels like ‘Groundhog Day’
I was biking through a school-free drug zone, on my way to a temp job, cultivating bad habits. Not overtly bad habits — Marlboros and meth, and so on — but rather those drab little habits meant to ensure the … Continue reading