Category Archives: Great Recession

‘Goons of August’ usher in new era


Nobody’s shooting yet, but I’ll bet Barbara Tuchman would appreciate Robert Kuttner’s headline. Kuttner does a good job summarizing Democratic stupidity regarding the debt deal, and of explaining why our government, in its current form, is in worse shape than … Continue reading

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

It’s a bird, it’s a plane, it’s … Super Congress!


Concerned that nations will soon fight over oil reserves? If you think that’s bad, wait until world population booms to 10 billion or so at the same time all the fresh water is drying up. But that’s long-term stuff. This … Continue reading

Posted in enviromentalism, Great Recession, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , , , , , | 1 Comment

Onion’s birthday joke, with an edge


The Onion’s Obama birthday joke was satire, but only in the lamest sense of the word: After months of heated negotiations and failed attempts to achieve any kind of consensus, President Obama turned 50 years old Thursday, drawing strong criticism … Continue reading

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

Debt bill destroys America. Who’s next for a swim?


I’m on the home stretch with my novel-in-progress Good Sal/Bad Sal, set in casino-era Atlantic City. One of the final chapters starts with Good Sal asking: Have you ever let the cold surf creep between your toes and thought what’s … Continue reading

Posted in arts, fiction, Great Recession, livable cities, NJ, Philadelphia, The New Depression | Tagged , , , , , , | Leave a comment

Obama calls OUR bluff, not GOP’s


For months Obama loyalists at places like Daily Kos have argued against the evidence of their own senses. They insisted critics were wrong to call the president weak and rudderless. They remained confident Obama would stop caving and call the … Continue reading

Posted in Congress, economic collapse, Great Recession, Obama, Politics, unemployment | Tagged , , , , , , , , | 1 Comment

Bikeless in Philadelphia — again


I rarely blog about myself. I prefer the veneer of fiction when it comes to personal matters, so when my bicycle was stolen Monday, I blogged about the thieves in business and government who prosper at the expense of the … Continue reading

Posted in bicycling, economic collapse, fiction, Goldman Sachs, Great Recession, livable cities, Philadelphia, The New Depression | Tagged , , , | 14 Comments

WP newsflash: Obama is no FDR!


It’s a tradition, I guess. The Washington Post reported the Watergate break-in and now, 39 years later, it is still dropping investigative bombshells: Since the Recovery and Reinvestment Act of 2009 — which Obama and his advisers seem to have … Continue reading

Posted in economic collapse, Great Recession, mainstream media, Obama, Politics, taxes, The New Depression, unemployment, Wall Street, 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

God taps Rick Perry for prez…


… but what about the other Christian worthies? … Lest you think the Lone Star State has the only direct line to the divine, note that, in this presidential cycle, both Michele Bachmann and Herman Cain have said they are … Continue reading

Posted in God Squad, Great Recession, Politics | Tagged , , , , , , , | 1 Comment

A new corporate tax holiday would shock even cynics


Remember the disastrous “tax holiday” Congress granted mega-corporations such as Apple and GE in 2004? The idea was to allow corporations to bring home huge profits they’d stashed overseas, in the hope they might use the money to create jobs. … Continue reading

Posted in Congress, economic collapse, Great Recession, mainstream media, Politics, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , , | 1 Comment