Category Archives: The New Depression

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

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

Brothers under the skin: Mitt and Jay-Z


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 , , , , , , , , , | 5 Comments

‘Yes He Can,’ but will he?


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 , , , , | Leave a comment

Piggy bank empty? Don’t resort to plastic.


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 , , , , | 1 Comment

Obama tax Wall St.? Fahgetaboutit!


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 , , , | Leave a comment

Newt joins Occupy Wall Street!


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 , , , | 1 Comment

Republicrats follow the money


Mike Lofgren of CounterPunch recently wrote that the super-rich have seceded from the United States. OK, we knew that, but read to the end of his article to see how deeply he appreciates the implications of their secession: …Steven Schwarzman, … Continue reading

Posted in Great Recession, Mitt Romney, Obama, Politics, pop music, The New Depression | Tagged , , , , , , | 7 Comments

Banality of a bad guy (Mitt)


I like to think each of us is in some way unique, not because we have different fingerprints and DNA, but rather because of our souls, whatever those are. A case can be made for Mitt Romney’s uniqueness, even though … Continue reading

Posted in Great Recession, history, liar, Mitt Romney, Politics, The New Depression | Tagged , , , , , | 1 Comment