Category Archives: globalization

Denial is just a sign of the times


This is what happens in other democracies when bankers try to reward themselves for helping to ruin the world economy: Britain has a rival when it comes to bashing bankers. After a furious row over pay packages at Amsterdam-based ING … Continue reading

Posted in Congress, economic collapse, globalization, Great Depression, Great Recession, mainstream media, Obama, Politics, taxes, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , , , , | Leave a comment

For labor foes, Triangle fire never happened


Yesterday was the 100th anniversary of the Triangle Shirtwaist Factory fire and a good time to acknowledge there are powerful people still determined to undo the progress made by organized labor in the aftermath of that disaster. Here’s Robert Reich … Continue reading

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

Nader to Dems: Are you with labor or agin’ it?


From The Raw Story : In an extended interview with Middle East news network Al Jazeera, consumer advocate and repeat U.S. presidential candidate Ralph Nader suggested that President Barack Obama is not supporting the labor movement because “they have nowhere … Continue reading

Posted in Congress, economic collapse, globalization, Great Recession, mainstream media, Obama, Politics | Tagged , , , , , , , , , , | Leave a comment

To get to an Arizona bigot’s heart…


…hit him in the wallet, real hard: Arizona established itself over the past year as the most aggressive state in cracking down on illegal immigrants, gaining so much momentum with its efforts that several other states vowed to follow suit. … Continue reading

Posted in economic collapse, globalization, Great Recession, pop music, unemployment, world-wide economy | Tagged , , , , , , , | Leave a comment

Autoworkers to Friedman: The world is round


From the March 17 New York Times: General Motors said Thursday that it would temporarily shut a truck plant in Louisiana because it could not get enough Japanese-made parts, the first in what analysts say could be widespread disruptions at … Continue reading

Posted in economic collapse, globalization, Great Recession, mainstream media, New York Times, Politics, unemployment, world-wide economy | Tagged , , , , , , , , | Leave a comment

Unemployment? Fuggedaboutit!


Paul Krugman responding to my post (I’m kidding) about Obama not even pretending to care about the unemployed: …No jobs bills have been introduced in Congress, no job-creation plans have been advanced by the White House and all the policy … Continue reading

Posted in economic collapse, globalization, Goldman Sachs, Great Recession, mainstream media, Obama, Politics, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , | Leave a comment

GOP on Japan nuke crisis: Shit happens


Eric Fry of The Daily Reckoning, commenting on his colleague Chris Mayer’s column, about the advisability of investing in uranium “futures” in the wake of the ongoing nuclear reactor crisis is Japan: Uranium is “too hard” indeed. On the other … Continue reading

Posted in economic collapse, enviromentalism, finance reform bill, globalization, Goldman Sachs, Great Recession, New York Times, Politics, Wall Street, world-wide economy | Tagged , , , , , | Leave a comment

Obama is mum on Wall St. & oil prices


… Barack Obama‘s number one private campaign contributor was Goldman Sachs, which is one of the two major companies that is engaged in commodity index speculation. Morgan Stanley, which is another major contributor of his, was the other. You know, … Continue reading

Posted in economic collapse, enviromentalism, globalization, Great Recession, mainstream media, Obama, Politics, Wall Street, world-wide economy | Tagged , , , , , , , , , , , | Leave a comment

To D.C. Dems, compromise means capitulate


Unfortunately, the efficacy of slashing spending and taxes on the wealthy will become conventional wisdom now that Democrats have signed on to the program and the disaster capitalists will have won their war against egalitarianism and redistribution. The Democrats didn’t … Continue reading

Posted in Congress, economic collapse, globalization, Great Recession, livable cities, mainstream media, Politics, taxes, world-wide economy | Tagged , , , , , , , , , | 1 Comment

Why Madison, Wis., looks like Egypt-land


Credit where it’s due: Not all mainstream reporters are treating what’s happening in Wisconsin as a budget-related spat over cuts in benefits. In today’s Philadelphia Daily News, Will Bunch considers the global context of the story and ponders the likelihood … Continue reading

Posted in economic collapse, Egypt, globalization, Great Recession, mainstream media, Philadelphia, Politics, unemployment, world-wide economy | Tagged , , , , , , , , , | Leave a comment