Category Archives: economic collapse

Rich Greeks feel fine

Posted on June 15, 2012 by oddmanout215

From Guardian UK: …Since the outbreak of Greece’s runaway debt crisis, its moneyed class has been notable more by its absence than presence. Oligarchs, who made vast fortunes cornering the oil, gas, construction and banking industries, as well as the … Continue reading →

Posted in apocalypse, economic collapse, pop music, The New Depression, unemployment | Tagged , , , , | 1 Comment

In Philly, taxed extra for paying taxes

Posted on June 14, 2012 by oddmanout215

Just what a struggling major city needs — more property tax hikes for tax-paying property owners, in order to make up for the huge amounts owed by deadbeat property owners, many of whom don’t even live in Philly: From Patrick … Continue reading →

Posted in economic collapse, livable cities, Philadelphia, taxes | Tagged , , , | 2 Comments

America colonized again

Posted on May 14, 2012 by oddmanout215

From The National Employment Law Project, May 10: Long-term unemployed workers in a growing list of states are being abruptly cut from federal unemployment insurance, a new analysis from the National Employment Law Project shows. Due to reductions Congress enacted … Continue reading →

Posted in economic collapse, globalization, mainstream media, The New Depression, unemployment | Tagged , , | 2 Comments

When will Obama ‘evolve’ on jobs?

Posted on May 11, 2012 by oddmanout215

From MoveOn.org: Breaking: The Obama Announcement That May Just Make You Cry And after the sappy headline: Yes! We couldn’t be more excited! As MoveOn Executive Director Justin Ruben puts it: “This is a historic day. The president’s support for … Continue reading →

Posted in economic collapse, globalization, Obama, The New Depression, unemployment, Wall Street | Tagged , , , , | 1 Comment

Cut food stamps, save the F-35!

Posted on May 8, 2012 by oddmanout215

And save the rich from having to return to those grim days before the Bush tax cuts, which have, over the past decade, added $2.4 trillion to the federal deficit. From ThinkProgress: Yesterday, House Republicans moved legislation forward aimed at … Continue reading →

Posted in Congress, economic collapse, Great Recession, unemployment | Tagged , , , , , | 4 Comments

It’s the jobs market, stupid

Posted on May 6, 2012 by oddmanout215

Last week I noted that Mitt Romney — insipid, empathy-free, and a congenital liar — was a gift from the gods to the Barack Obama re-election campaign. But even the gift of Mittens won’t help Obama if he continues to … Continue reading →

Posted in economic collapse, globalization, Goldman Sachs, Great Recession, mainstream media, Mitt Romney, Obama, unemployment, Wall Street | Tagged , , | 1 Comment

Bill Clinton’s disastrous assumption

Posted on May 2, 2012 by oddmanout215

Somebody at Truthdig was pondering the gulf between rich and poor in America and, not coincidentally, thought of the 1996 State of the Union address, in which Bill Clinton “kneecapped Franklin Delano Roosevelt” by declaring that the era of big … Continue reading →

Posted in economic collapse, history, The New Depression, unemployment | Tagged , , , | 2 Comments

Two-party system = no change

Posted on April 29, 2012 by oddmanout215

I still can’t tell if most “middle-class” Americans understand what hit them, and why, when the economy tanked in 2008. Robert Scheer takes a crack at explaining the catastrophe with what seems the perfect metaphor. But then again, I used … Continue reading →

Posted in casinos, Congress, economic collapse, Goldman Sachs, Great Recession, mainstream media, Occupy Wall Street, The New Depression | Tagged , , , , | 2 Comments

Zizek on OWS: Where to next?

Posted on April 26, 2012 by oddmanout215

Bill O’Reilly recently denounced liberal economist Robert Reich as a communist, and Reich responded to this absurd charge by challenging O’Reilly to debate him. The debate I’d like to see, which will never take place, would be between O’Reilly and … Continue reading →

Posted in economic collapse, globalization, Great Recession, history, humor, movies, Occupy Wall Street, unemployment, world-wide economy | Tagged , , , , , | 2 Comments

Yes Men’s fake BofA site is back

Posted on April 18, 2012 by oddmanout215

As the movie trailer put it, “Sometimes it takes a lie to expose the truth.” The Raw Story reported earlier today that “Google blacklisted on Wednesday a website made to look like an outreach campaign by Bank of America, in … Continue reading →

Posted in economic collapse, humor, mainstream media | Tagged , , , , | 2 Comments