Category Archives: The New Depression

Bikeless in Philadelphia — again

Posted on July 28, 2011 by oddmanout215

I rarely blog about myself. I prefer the veneer of fiction when it comes to personal matters, so when my bicycle was stolen Monday, I blogged about the thieves in business and government who prosper at the expense of the … Continue reading →

Posted in bicycling, economic collapse, fiction, Goldman Sachs, Great Recession, livable cities, Philadelphia, The New Depression | Tagged , , , | 14 Comments

Media’s ‘cult of balance’ drags it to the right

Posted on July 27, 2011 by oddmanout215

Interesting blog yesterday by Paul Krugman, edgier than most of his op-ed columns, sparked by his gloomy conclusion that “the cult of balance, of centrism” is hurting the country more than the cult of right-wing loonies pushing for default on … Continue reading →

Posted in Congress, globalization, mainstream media, New York Times op-ed, Obama, Politics, The New Depression, unemployment, world-wide economy | Tagged , , , , , , | Leave a comment

Groveler-in-chief can’t cut deal on debt

Posted on July 26, 2011 by oddmanout215

Last night I listened to Barack Obama beg right-wing fanatics to accept his proposed solution to the debt ceiling standoff. He may as well have said, “Come on guys, I’m giving away the store plus all the land around the … Continue reading →

Posted in Congress, economic collapse, Great Depression, Obama, Politics, The New Depression, unemployment | Tagged , , , , , , , , , | Leave a comment

WP newsflash: Obama is no FDR!

Posted on July 25, 2011 by oddmanout215

It’s a tradition, I guess. The Washington Post reported the Watergate break-in and now, 39 years later, it is still dropping investigative bombshells: Since the Recovery and Reinvestment Act of 2009 — which Obama and his advisers seem to have … Continue reading →

Posted in economic collapse, Great Recession, mainstream media, Obama, Politics, taxes, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , | Leave a comment