Category Archives: The New Depression

Talking with voters, walking with CEOs


What will it mean to American voters that Barack Obama has signed into law three trade deals that will destroy up to 159,000 American jobs, and that he did this at approximately the same time he promised to get serious … Continue reading

Posted in Congress, economic collapse, globalization, Great Recession, Obama, Politics, The New Depression, unemployment, world-wide economy | Tagged , , , , , , | 2 Comments

Instead of New Deal, No Deal


Robert Scheer’s reminder that we need a president whose policies help the 99 percent of Americans who are hurting, not the one percent who are extremely wealthy: … To accomplish that, we need a moratorium on bank-ordered evictions, along with … Continue reading

Posted in Congress, economic collapse, globalization, Great Recession, Obama, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , , | 1 Comment

Uh-oh, ‘the help’ is marching in NYC


How would you like to make pennies cleaning up after the royalists who helped create one of the biggest financial messes of all time, or after people just like them? Workers in NYC don’t like it at all: Hundreds of … Continue reading

Posted in economic collapse, Goldman Sachs, mainstream media, Politics, taxes, The New Depression, Wall Street | Tagged , , , , , , | 1 Comment

Warren way too honest for Obama’s inner circle


I hope she runs Scott Brown’s pickup truck off the road, I’ll root for her all the way, BUT… I won’t forget how Barack Obama turned his back on Elizabeth Warren for her loyalty, not to mention her effectiveness at … Continue reading

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

Question for NYT: WHOSE economy is growing?


News stories often raise more questions than they answer. Such is the case with an article by Robert Pear, who seems to agree with Robert Reich that we’re in a “jobs depression,” then says something else: In a grim sign … Continue reading

Posted in economic collapse, globalization, Great Recession, mainstream media, New York Times, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , | 1 Comment

Advice from butchers on healing the sick


Susan Madrack linked to this earlier today, but I’m bringing it back around because it’s so indicative of everything that’s gone wrong with the Democratic Party. And because it pisses me off in a big way: In another public demonstration … Continue reading

Posted in economic collapse, globalization, Great Recession, mainstream media, Obama, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , | 1 Comment

Romney is in a cult, but it’s not Mormonism


Don’t wonder if Mitt Romney wears magic Mormon underwear. Don’t fret that he’s a member of the Mormon Church — officially, the Church of Jesus Christ of Latter-Day Saints — started by Joseph Smith, a 19th-century con man who claimed … Continue reading

Posted in Congress, economic collapse, globalization, Great Recession, mainstream media, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , | 6 Comments

Do you know a gal, or guy, like Nicole?


I was re-reading F. Scott Fitzgerald’s Tender Is the Night (1934) and ran across this masterful description of the great divide between rich and poor, in the 1920s and now: … She bought a dozen bathing suits, a rubber alligator, … Continue reading

Posted in arts, economic collapse, fiction, globalization, The New Depression | Tagged , , , | 1 Comment

These protesters are ‘angry at the right people’


Who would have thought a few weeks ago that hundreds of protestors from something called Occupy Philly would set up camp in Center City? The idea is almost as far-fetched as a tent city next to Wall Street. But there … Continue reading

Posted in City Hall, economic collapse, Goldman Sachs, Great Recession, mainstream media, Philadelphia, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , | 3 Comments

Obama sides with banksters, not protesters


OK, we knew this all along, but I still winced when I read it in Firedoglake: For perhaps the first time, President Barack Obama was forced to explain why there have been no prosecutions of Wall Street executives for their … Continue reading

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, Obama, Politics, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , , | 3 Comments