Category Archives: Great Recession

A glass-half-full take on OWS clearout


Tuesday was a career-defining day for Mike Bloomberg. First he ordered Zuccotti Park cleared by paramilitary cops who roughed up and/or arrested many protesters and a few reporters in the process. Then he ignored a court order to allow the … Continue reading

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

It ain’t broke, but Mitt would fix VA health care


From ThinkProgress: Mitt Romney floated the idea of partially privatizing the veterans health care system during a roundtable discussion with vets in South Carolina on Veterans Day, saying, “When you work in the private sector and you have a competitor, … Continue reading

Posted in economic collapse, Great Recession, health care, Mitt Romney, Politics, The New Depression, weasel | Tagged , , , | 2 Comments

The weasel David Brooks satirizes inequality


Never let it be said that NYT columnist David Brooks, the Earnest Weasel, doesn’t have a sense of humor, even though his attempts at social satire are about as amusing as a buyout by Mitt Romney’s private equity firm. Here’s … Continue reading

Posted in David Brooks, economic collapse, Great Recession, humor, liar, mainstream media, Mitt Romney, New York Times, Occupy Wall Street, Politics, The New Depression, unemployment, weasel | 1 Comment

Debunking Mitt’s most recent big lie


Here’s how the corporate media works: The well known double-talker Mitt Romney makes dubious statements meant to undermine another candidate. Reporters write stories that leave Mitt’s statements unchallenged. Readers are left with the impression that Mitt is stating facts. It … Continue reading

Posted in economic collapse, Great Recession, liar, mainstream media, Mitt Romney, New York Times, Politics, The New Depression, unemployment | Tagged , , , , | Leave a comment

Federal judge to SEC: Do your job!


Maybe the SEC hasn’t done a better job of policing Wall Street and protecting investors from fraud because the SEC itself is a fraud: A federal judge Wednesday challenged the SEC’s plan to settle a fraud case against Citigroup for … Continue reading

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

A sick joke from Romney, ‘the serious one’


David Brooks, the Earnest Weasel, recently cited Mitt Romney’s plan to semi-privatize Social Security and Medicare and link these programs to Wall Street as proof that Romney is “the serious one” among Republican presidential candidates. Here’s Matt Taibbi on the … Continue reading

Posted in David Brooks, economic collapse, Great Recession, liar, mainstream media, Mitt Romney, New York Times, Politics, Wall Street, weasel | Tagged , , , , | 1 Comment

Frazier dies. Fight of the century continues.


You had to be there, I guess, to appreciate the significance of the first Muhammad Ali-Joe Frazier fight, on March 8, 1971. Not necessarily at ringside, but aware of the mood of the country. It was as if a civil … Continue reading

Posted in Great Recession, mainstream media, Philadelphia, Politics, sports, The New Depression, unemployment | Tagged , , , , , | 2 Comments

More news pollution from the NYT


In a Sunday op-ed piece, Frank Bruni complained that Americans get worked up to no good end — headline: “The invention of outrage” — over what passes for news these days. Well, no shit. The odd thing about the piece … Continue reading

Posted in Congress, economic collapse, environmentalism, Great Recession, mainstream media, New York Times, Occupy Wall Street, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , | Leave a comment

Who crashed the economy? NYT dodges question.


Thanks for nothing, New York Times. I refer to the analysis piece in the Sunday edition, above the fold on Page 1, that totally obscures the causes of the economic mess that is destroying the middle class and making the … Continue reading

Posted in Congress, economic collapse, Great Recession, mainstream media, New York Times, Politics, taxes, The New Depression, unemployment | Tagged , , , | 3 Comments

Hedges arrested. King Rat still rules.


In case you missed it, Chris Hedges took a moment to cogently connect the dots between the big investment banks and the Obama administration on Thursday, before he marched with several hundred other protesters to the mouth of the sewer … Continue reading

Posted in Congress, economic collapse, Goldman Sachs, Great Recession, liar, Occupy Wall Street, Politics, The New Depression, unemployment, Wall Street | Tagged , , , | 1 Comment