Category Archives: Great Recession

New chapter in jolly-good scandal

Posted on March 14, 2012 by oddmanout215

Rupert Murdoch’s right-hand gal is back in the news and back in jail. How much damage will her latest setback do to Britain’s PM, David Cameron? From Guardian UK: Rebekah Brooks is among six people arrested by Scotland Yard detectives … Continue reading →

Posted in Great Recession, mainstream media | Tagged , , , | 1 Comment

Serfs don’t need no schoolin’

Posted on March 9, 2012 by oddmanout215

Many politicians and business leaders these days think the public education system is overvalued. After all, you don’t need to read The Great Gatsby to operate a power mower. You don’t have to know the atomic weight of carbon to … Continue reading →

Posted in Congress, economic collapse, globalization, Great Recession, Mitt Romney, The New Depression, unemployment | Tagged , , , , | 4 Comments

Tax-dodging corporate liars

Posted on March 8, 2012 by oddmanout215

What a surprise. It seems those those CEOs from Business Roundtable who met behind closed doors with Barack Obama Tuesday and with “Blue Dog” Democrats on Capitol Hill yesterday were much more interested in pushing for lower corporate tax rates … Continue reading →

Posted in Congress, Great Recession, mainstream media, taxes, The New Depression, unemployment | Tagged , , , , | 2 Comments

‘Job creation’ behind closed doors

Posted on March 7, 2012 by oddmanout215

How comforting that Barack Obama was scheduled to have another closed-door meeting last night with CEOs from America’s largest companies. Did he talk to them about job creation? Did he go so far as to urge them to “start hiring,” … Continue reading →

Posted in economic collapse, Great Recession, humor, mainstream media, Obama, The New Depression | Tagged , , , , , | 5 Comments

Greenspan’s legacy is Ayn Rand’s

Posted on March 1, 2012 by oddmanout215

A new book by Gary Weiss details Ayn Rand’s profound influence on generations of right-wing ideologues. Her most prominent contemporary acolyte might be the smug U.S. Rep. Paul Ryan, whose goals include abolishing Medicare and Social Security. However, I’m guessing … Continue reading →

Posted in economic collapse, fiction, Great Recession, The New Depression | Tagged , , , , , | 1 Comment

Class warfare? It’s only just begun

Posted on February 26, 2012 by oddmanout215

I should change my name to Ed Anger. Or Joe Jeremiad. I’m disgusted that the robber barons who rule the GOP were able, with much help from the corporate media, to push into the language the catchphrase “right to work,” … Continue reading →

Posted in David Brooks, economic collapse, globalization, Great Recession, mainstream media, Mitt Romney, New York Times, The New Depression | Tagged , , , , , | 2 Comments

Caterpillar calls the shots

Posted on February 16, 2012 by oddmanout215

With the election approaching, President Obama says he’s working hard to come up with incentives that will encourage American companies to bring home jobs that have been outsourced. However, an item in Reader Supported News sheds light on how badly … Continue reading →

Posted in globalization, Great Recession, mainstream media, Obama, The New Depression, unemployment | Tagged , , , , | 1 Comment

Mitt, they see right through you

Posted on February 15, 2012 by oddmanout215

Gertrude Stein’s famous quotation — “There is no there, there” — is as good a way an any to describe Mitt Romney, who can’t seem to make a public statement without lying and/or contradicting himself. A Huffington Post story explains … Continue reading →

Posted in economic collapse, Great Recession, liar, Mitt Romney, The New Depression, unemployment | Tagged , , , , | 1 Comment

CivilWarLand in bad denial

Posted on February 12, 2012 by oddmanout215

A must-read piece in today’s New York Times focuses on the declining fortunes of Chisago County, near Minneapolis, and examines an interesting paradox: The government safety net was created to keep Americans from abject poverty, but the poorest households no … Continue reading →

Posted in economic collapse, Great Recession, mainstream media, Mitt Romney, New York Times, Occupy Wall Street, The New Depression, unemployment | Tagged , , , , , , | 1 Comment

Don’t trust MSNBC, either

Posted on February 11, 2012 by oddmanout215

What, if anything, did the federal government’s $25 billion “mortgage settlement” deal with the big banks do to help people who lost their homes, or are on the verge of losing them because of deceptive practices by the banks? The … Continue reading →

Posted in economic collapse, Great Recession, mainstream media, Obama, The New Depression | Tagged , , , , , | 2 Comments