Category Archives: globalization

London calling… for more firefighters


Fans of the Clash must feel nostalgic watching events unfold in London and other English cities, where economic austerity (starve the poor) and rioting are back in style. The New Yorker quotes a Labour Party official who warned last fall … Continue reading

Posted in Congress, economic collapse, globalization, Great Recession, mainstream media, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , , | 1 Comment

Media’s ‘cult of balance’ drags it to the right


Interesting blog yesterday by Paul Krugman, edgier than most of his op-ed columns, sparked by his gloomy conclusion that “the cult of balance, of centrism” is hurting the country more than the cult of right-wing loonies pushing for default on … Continue reading

Posted in Congress, globalization, mainstream media, New York Times op-ed, Obama, Politics, The New Depression, unemployment, world-wide economy | Tagged , , , , , , | Leave a comment

Media to America: What unemployment crisis?


On and on goes media coverage of the debt ceiling standoff, a shocking spectacle of Democratic weakness and Republican greed. What’s not being covered in the ongoing misery of the millions of Americans who lost jobs and/or homes and see … Continue reading

Posted in economic collapse, globalization, Great Depression, Great Recession, mainstream media, Obama, Politics, unemployment, Wall Street | Tagged , , , , | Leave a comment

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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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

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

Posted in arts, economic collapse, globalization, Great Recession, mainstream media, Philadelphia, Politics, pop music, taxes, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , , | Leave a comment

Again, Bernie plays the Obama we thought we elected


This from Bernie Sanders, who stands out from most of his fellow U.S. senators like a St. Bernard in a pack of toy poodles: The United States is the only major nation in the industrialized world that does not guarantee … Continue reading

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A Python-esque rite in South Philly


Ah, the rites of spring in the `hood! You know — palm weaving, the Easter Parade on South Street, race riots in Grays Ferry. Here’s one that was new to me — the Good Friday re-enactment of the crucifixion of … Continue reading

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A plague on Republicrats!


Will Barack Obama keep the promise he made today and oppose extending the Bush tax cuts next time? Will it even matter when the Republicans are finished screwing around with the tax code? The ugly truth is that Obama and … Continue reading

Posted in economic collapse, finance reform bill, globalization, Great Recession, Iraq war, mainstream media, Politics, taxes, unemployment, world-wide economy | Tagged , , , , , , , | Leave a comment