Category Archives: Great Recession

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

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Know your enemy. Keep the Brawny boys in the news.


Interesting reader’s comment on a Crooks and Liars story about the Saturday rally in Madison, WI, that drew 100,000 protesters: I think that the Koch brothers may finally have unwittingly jumped the shark. While it may be a bit premature … Continue reading

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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

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Round 2: Boycott the union buster’s bank


As the protesting spirit spreads in Wisconsin, one tactic that union members are now adopting is to take aim at institutions that have donated heavily to Governor Scott Walker. Members of the Wisconsin firefighters union set out for a local … Continue reading

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Very politely, NYT calls Christie a liar


Mr. Christie, a Republican who took office in January 2010, would hardly be the first politician to indulge in hyperbole or gloss over facts. But his misstatements, exaggerations and carefully constructed claims belie the national image he has built as … Continue reading

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Anti-unions bill OK’d. (Don’t sit still for it, Tom.)


Because these wings are no longer wings to fly But merely vans to beat the air The air which is now thoroughly small and dry Smaller and dryer than the will Teach us to care and not to care Teach … Continue reading

Posted in arts, economic collapse, Great Recession, mainstream media, Obama, Politics, pop music, unemployment | Tagged , , , , , , , , | 1 Comment

DiCicco drops out, but has DROP to console him


And so it comes to pass that one of Philly’s most consistently [GASPS, GRABS FACE]-inducing City Council members would rather just take the DROP money and run, rather than deal with your broke asses for another cringe-inducing term. And it’s … Continue reading

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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

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Consumer confidence & the price of Cheez Whiz


Pat’s Steaks, in South Philadelphia, which raised the price of its cheesesteak from a tourist-targeted $8 last year to $8.50, is getting by with a bit less profit to keep from raising prices again, said spokesman Tommy Francano. “Last year … Continue reading

Posted in economic collapse, enviromentalism, Great Recession, Gulf, health care, immigration, livable cities, mainstream media, Philadelphia, Politics, unemployment, world-wide economy | Tagged , , , , , , , , | 3 Comments

Wisconsin cops to GOP: We won’t round up Dems


The thought of using law enforcement officers to exercise force in order to achieve a political objective is insanely wrong and Wisconsin sorely needs reasonable solutions and not potentially dangerous political theatrics. — Jim Palmer, director of the 11,000-member Wisconsin … Continue reading

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