Category Archives: Great Recession

Half-truths about the job market

Posted on February 7, 2012 by oddmanout215

Last week, news outlets were buzzing with happy talk about a dip in the unemployment rate in November. The problem is, anyone living in the real world knows that good jobs — i.e., jobs that pay well, or at least … Continue reading →

Posted in economic collapse, Great Recession, mainstream media, The New Depression, unemployment | Tagged misleading, Robert Reich, unemployment rate | 3 Comments

Dirtballs face off in Florida

Posted on January 30, 2012 by oddmanout215

Background on Mitt Romney’s “you’re as big a dirtball as I am” line of attack: A recent newspaper story detailed at great length how campaign strategists for Romney and Newt Gingrich are battling to secure a win for the their … Continue reading →

Posted in campaign finance reform, economic collapse, Great Recession, mainstream media, Mitt Romney, Politics, The New Depression, unemployment, Wall Street | Tagged Florida primary, Mitt Romney, Newt Gingrich, Pretty Boy Floyd | 2 Comments

‘Job creator’ myth debunked

Posted on January 28, 2012 by oddmanout215

NYT reporters don’t seem to have access to the same facts as NYT columnist Paul Krugman, maybe because he doesn’t have an intranet connection to the newsroom. I’m kidding, but who knows? On Friday, Krugman lit into Indiana Gov. Mitch … Continue reading →

Posted in campaign finance reform, economic collapse, globalization, Great Recession, mainstream media, New York Times, The New Depression, unemployment | Tagged Apple, Ayn Rand, Indiana Gov. Mitch Daniels, John Galt, Mittelstand, Steve Jobs | 5 Comments

Natural-born faux populists

Posted on January 26, 2012 by oddmanout215

Watching Barack Obama’s speech the other night, my mood swung from bemusement to grudging admiration to laugh-out-loud disbelief. I wrote a post yesterday that focused on the president’s innate acting ability. Today, Robert Scheer noted that Obama’s gift is strongly … Continue reading →

Posted in Goldman Sachs, Great Recession, humor, mainstream media, movies, Obama | Tagged "Act Naturally", Barack Obama, Beatles, Bill Clinton, State of the Union address | 1 Comment

Waiting can be bad for your health

Posted on January 22, 2012 by oddmanout215

With apologies to Jagger/Richards, today’s deep thought: It’s OK to wait for something you want, but not for something you need — health care, for example. Sometimes there are no jobs, and money you were counting on simply doesn’t come … Continue reading →

Posted in campaign finance reform, Congress, economic collapse, Great Recession, Politics, unemployment | Tagged Barbara Ehrenreich, dental insurance, Gov. Tom Corbett, greased chute, health care | 2 Comments

Brothers under the skin: Mitt and Jay-Z

Posted on January 21, 2012 by oddmanout215

The question on Bill Maher’s show was “Why do many people not like Mitt Romney?” Maher didn’t mention that Mittens looks soft and un-molded, like a pod creature in Invasion of the Body Snatchers that hasn’t yet assumed full human … Continue reading →

Posted in economic collapse, globalization, Great Depression, Great Recession, Mitt Romney, Politics, The New Depression, unemployment | Tagged Bill Maher, bling, Henry Ford, Jay-Z, Mitt Romney, Mittens, New Deal, social contract, Steve Jobs, Walt Disney | 5 Comments

‘Yes He Can,’ but will he?

Posted on January 19, 2012 by oddmanout215

Has Barack Obama ever acknowledged Robert Reich’s steady stream of criticism regarding Obama’s apparent lack of interest in putting the real economy back on track? He seems to have shunned the former Secretary of Labor, and to have ignored anyone … Continue reading →

Posted in economic collapse, Great Recession, Obama, Philadelphia, The New Depression, Wall Street | Tagged accountability, banksters, Barack Obama, housing market collapse, Justice Department | Leave a comment

Piggy bank empty? Don’t resort to plastic.

Posted on January 18, 2012 by oddmanout215

So why have relatively few formerly middle-class Americans become actively outraged by Wall Street frauds and job-destroying corporate raiders such as Mitt Romney? One answer is that many of us, despite lost jobs or lowered wages, have managed to maintain … Continue reading →

Posted in economic collapse, Great Recession, Mitt Romney, Politics, The New Depression | Tagged college savings, credit cards., Great Recession, piggy banks, savings accounts | 1 Comment

Obama tax Wall St.? Fahgetaboutit!

Posted on January 13, 2012 by oddmanout215

Can you imagine Barack Obama cracking down on financial industry insiders rather than giving them White House jobs? Jeff Cohen can’t: With U.S. media obsessing on the fight here at home among conservatives vying to become president, most of them … Continue reading →

Posted in economic collapse, Goldman Sachs, Great Recession, Obama, Politics, The New Depression, Wall Street | Tagged Barack Obama, financial transaction tax, Nicholas Sarkozy, Wall Street | Leave a comment

Newt joins Occupy Wall Street!

Posted on January 13, 2012 by oddmanout215

I’m joking, Newt Gingrich is a long way from siding with OWS. However, in his speeches and attack ads against Mitt Romney, Newt sounds a lot like the thousands of Occupiers who actively protested the vulture capitalism that Mitt personifies. … Continue reading →

Posted in finance reform bill, globalization, Great Recession, mainstream media, Mitt Romney, New York Times, Occupy Wall Street, Politics, The New Depression, Wall Street | Tagged Bain Capital, Mitt Romney, Newt Gingrich, vulture capitalism | 1 Comment