Category Archives: mainstream media

Serfin’ USA (the new feudalism)


Did Cameron Diaz go under the knife? Will the stars of Hangover 3 score big pay increases? These are the questions that try journalists’ souls. Meanwhile, in another world, in a piece called “Is Market Capitalism Dead?,” Columbia Prof. Thomas … Continue reading →

Posted in economic collapse, globalization, mainstream media, Mitt Romney, New York Times, unemployment, Wall Street, world-wide economy | Tagged , , , , , | 1 Comment

The evil-of-two-lessers argument


Do progressives need reminding that the current crop of Republicans are intent on scuttling New Deal legislation and pushing the country further to the right than Mussolini’s Italy? Of course not, but this doesn’t stop “centrists” from scolding those of … Continue reading →

Posted in mainstream media, Obama, The New Depression, unemployment | Tagged , , , , | 5 Comments

Caterpillar calls the shots


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

CivilWarLand in bad denial


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


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

Half-truths about the job market


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 , , | 3 Comments

Madonna exits, Mitt marches on


The concepts were unintentionally funny, the players about as exciting as assembly-line robots. I mean the Republican presidential debates, not the Super Bowl halftime show. Madonna and her minions were on stage for only a few minutes, but the GOP … Continue reading →

Posted in campaign finance reform, Congress, humor, mainstream media, Mitt Romney, pop music | Tagged , , , , | 3 Comments

Dirtballs face off in Florida


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 , , , | 2 Comments

‘Job creator’ myth debunked


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 , , , , , | 5 Comments

Natural-born faux populists


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 , , , , | 1 Comment