Category Archives: Great Recession

Banking on degenerate gamblers


Confirmation that a “rogue” trader somehow lost $2 billion making “unauthorized” trades at UBS “will test the faith of investors, clients and regulators,” says Wall Street Journal. It should also test the credulity of anyone who would still argue that … Continue reading

Posted in casinos, Congress, economic collapse, finance reform bill, Goldman Sachs, Great Depression, Great Recession, Politics, The New Depression, Uncategorized, unemployment, Wall Street, world-wide economy | Tagged , , , , , , | 2 Comments

Today’s Republicans would NOT like Ike


Here’s a fresh perspective on the nest of vipers officially known as the Republican Party. The writer, Mike Lofgren, a former Republican Congressional staffer, argues that Republicans really are trying to bring down the federal government, and might succeed because … Continue reading

Posted in Congress, economic collapse, globalization, Great Depression, Great Recession, health care, mainstream media, Obama, Politics, taxes, The New Depression, unemployment | Tagged , , , , , , | 1 Comment

Obama’s ‘odd strategy’ for pushing jobs bill


Poor Robert Reich. Every time I look at the photo of him that runs with his column he seems to look more bemused, or even dumbfounded, and I can’t help thinking it’s because President Obama is slowly driving him crazy. … Continue reading

Posted in economic collapse, Great Recession, mainstream media, Obama, Politics, taxes, unemployment, world-wide economy | Tagged , , , | 3 Comments

Bush speaks on 9/10, supersizes lies


Yesterday on the Atlantic City Expressway, at the sprawling Frank S. Farley rest stop, I remembered how quickly 9/11 became a device for generating hatred while at the same time lulling Americans into swallowing lies about costly, undeclared wars. All … Continue reading

Posted in Congress, economic collapse, food, Great Recession, humor, mainstream media, Politics, taxes, The New Depression, unemployment, world-wide economy | Tagged , , , , , | 1 Comment

Obama offers new spiel, but no New Deal


I wasn’t surprised that Paul Krugman didn’t slam my good buddy Barack’s jobs plan, a mix of tax cuts and increased government spending that makes more sense than anything congressional Republicans will ever put together. But I thought it excessively … Continue reading

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

Pre-speech e-mail from my buddy Barack


I received an e-mail from the president late Thursday afternoon as he was preparing for last night’s important jobs speech. The chief addressed me as “David” and signed his message “Barack.” I was so moved by this personal gesture, I … Continue reading

Posted in Congress, economic collapse, enviromentalism, globalization, Great Recession, Obama, Politics, taxes, The New Depression, unemployment, Wall Street | Tagged , , | 4 Comments

Harvard Business Review: ‘Was Marx right?’


You know the economy is on its last legs when a Harvard Business School publication reminds us that Karl Marx might have been on to something in his critiques of industrial-age capitalism. In an article headlined “Was Marx right?” economist-consultant … Continue reading

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

Firefighting is for big-government sissies


Here’s my theory: Rick Perry was in New York City once and saw grownups wearing rain gear and riding on big red trucks and hooking up hoses every time a measly row of houses caught fire. And he said to … Continue reading

Posted in economic collapse, enviromentalism, Great Recession, Politics, taxes | Tagged , , , , | 5 Comments

Labor Day message from Albert Einstein


Think of the millions of jobs eliminated or off-shored over the past few decades. Consider the extent to which this is the result of alliances between our increasingly corrupt political establishment and the corporate elite. Look at the way politicians, … Continue reading

Posted in Congress, economic collapse, globalization, Great Recession, mainstream media, Politics, The New Depression, unemployment, world-wide economy | Tagged , , , , | 3 Comments

Obama’s latest victim — the EPA


The treachery continues, but it’s hard to guess what the endgame is. Maybe Barack Obama really believes his own hype. He’s the “adult” in the race and therefore can’t lose against Texas wing-nut Rick Perry or insipid Mitt (“Corporations are … Continue reading

Posted in enviromentalism, Great Recession, livable cities, Obama, Politics | Tagged , , , , , , | 1 Comment