Category Archives: Great Recession

Austerity measures = medieval bleeding

Posted on November 30, 2011 by oddmanout215

Millions are protesting in Britain, and it’s no wonder — the government is making an already sick economy even sicker. Paul Krugman provides a good analogy: … History says that a financial crisis reduces long-run growth potential if policymakers don’t … Continue reading →

Posted in economic collapse, Great Recession, Occupy Wall Street, Politics, taxes, The New Depression, unemployment, world-wide economy | Tagged , | 1 Comment

You can’t take it with you (Ayn Rand, meet Steve Jobs)

Posted on November 26, 2011 by oddmanout215

Eric Alterman on Apple’s maestro, who died in October: … The [Apple] stock could have continued to soar even if the pay and conditions of these workers’ lives were built into the cost of an iPhone or an iPad. People … Continue reading →

Posted in Great Recession, mainstream media, Obama, Politics, The New Depression, Wall Street | Tagged , , , , , , , | Leave a comment

Please don’t feed the corporate beast

Posted on November 25, 2011 by oddmanout215

A reminder about Walmart, now that the holiday spending orgy is about to begin: Don’t shop there. If you do, you are helping to kill your community and digging your own grave, economically speaking. Sure, I feel bad for Walmart … Continue reading →

Posted in economic collapse, globalization, Great Recession, Occupy Wall Street, Politics, The New Depression, Wall Street | Tagged , , , , | 1 Comment

Which side are you on, Dems?

Posted on November 23, 2011 by oddmanout215

Digby’s nicely distilled description of how Congressional Republicans continue to outmaneuver and cow Democrats — including world-class equivocator John Kerry — who are supposed to be protecting the social safety net: Note [Republican Sen. Jon] Kyl’s language: he never says … Continue reading →

Posted in Congress, economic collapse, Great Recession, Obama, Politics, taxes, The New Depression, unemployment, Wall Street | Tagged , , , , | 5 Comments

At Berkeley, a literal meaning for ‘Beat Poets’

Posted on November 20, 2011 by oddmanout215

Robert Hass, former poet laureate of the U.S., describing how non-violent students and teachers were brutalized by UC Berkeley cops on the very site where the Free Speech Movement was born 50 years ago: … None of the police officers … Continue reading →

Posted in arts, economic collapse, Great Recession, New York Times, Politics, The New Depression | Tagged , , , | 2 Comments

Me and the devil and a Dallas church

Posted on November 20, 2011 by oddmanout215

Blues great Robert Johnson’s songs include “Me and the Devil Blues,” “Hellhound on My Trail” and “Cross Road Blues.” The latter explains how he sold his soul to Satan in return for guitar-playing prowess. It looks like some Christians in … Continue reading →

Posted in arts, economic collapse, food, Great Recession, health care, humor, livable cities, New York Times, pop music, The New Depression, unemployment | Tagged , , , , | 2 Comments

Indoor/outdoor Occupy strategies

Posted on November 19, 2011 by oddmanout215

Uh-oh, writes Henry Banta, it’s getting cold out there… Since the police have turned nasty and winter is coming it might be worth considering adding some indoor activities. Like going to public town hall meetings – the kind that the … Continue reading →

Posted in Great Recession, mainstream media, Occupy Wall Street, Politics, The New Depression | Tagged , , , , | 1 Comment

From dystopia to reality, via NYPD

Posted on November 18, 2011 by oddmanout215

At what point does the near-future depicted in a novel stop seeming dystopian and become more-or-less realistic? This is from Super Sad True Love Story, the bestseller by Gary Shteyngart, who read Wednesday at Rutgers-Camden: An armored personnel carrier bearing … Continue reading →

Posted in arts, Camden, economic collapse, fiction, globalization, Goldman Sachs, Great Recession, humor, mainstream media, Occupy Wall Street, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , | 1 Comment

Why Republicans love privatization…

Posted on November 17, 2011 by oddmanout215

… and high incarceration rates: Last year the Corrections Corporation of America (CCA), the nation’s largest private prison company, received $74 million of taxpayers’ money to run immigration detention centers. Their largest facility in Lumpkin, Georgia, receives $200 a night … Continue reading →

Posted in economic collapse, Great Recession, Politics, The New Depression, unemployment | Tagged , | 4 Comments

Occupy without encampments? I don’t think so.

Posted on November 17, 2011 by oddmanout215

I share Robert Reich’s opinion of the corporate kingpins who are working to drive a stake through the ailing heart of our democracy: A funny thing happened to the First Amendment on its way to the public forum. According to … Continue reading →

Posted in campaign finance reform, economic collapse, Great Recession, mainstream media, Occupy Wall Street, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , , | 1 Comment