Category Archives: Uncategorized

Banking on degenerate gamblers


Confirmation that a “rogue” trader somehow lost $2 billion making “unauthorized” trades at UBS “will test the faith of investors, clients and regulators,” says Wall Street Journal. It should also test the credulity of anyone who would still argue that … Continue reading

Posted in casinos, Congress, economic collapse, finance reform bill, Goldman Sachs, Great Depression, Great Recession, Politics, The New Depression, Uncategorized, unemployment, Wall Street, world-wide economy | Tagged , , , , , , | 2 Comments

The men don’t know, but the little girls…


For you nocturnal types: “Back Door Man” from The Doors (1967) In his own way, for a very different audience, Jim Morrison swaggered almost as convincingly as Howlin’ Wolf. The Doors actually gave credit where it was due on the … Continue reading

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Gold’s up again. Is Blankfein going down?


The bald little man in the oversize suit who lives in a $26 million apartment next to Central Park may yet have that smirk wiped off his face. He hasn’t been charges in any civil or criminal case — up … Continue reading

Posted in economic collapse, Goldman Sachs, Great Recession, Politics, The New Depression, Uncategorized, unemployment, Wall Street, world-wide economy | Tagged , , , , | 2 Comments

Four more years of being punked? No thanks


So I saw this piece in The Hill with the headline “Al Gore for president” and I thought hmm, not my favorite choice but a smart guy with good ideas. Not exactly brave but certainly ballsier than Obama, although who … Continue reading

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Toomey = tax breaks for the rich, no new jobs


Don’t forget to turn out tomorrow to ask Pat Toomey where the jobs are, but don’t expect a straight answer. This guy toes the party line, as I found out during a recent back-and-forth with him or, more likely, with … Continue reading

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Ayn Rand would rap Ryan’s knuckles


Paul Ryan has always insisted on “revenue neutral” tax reform, but now that congressional Dems have been trounced, he’s singing a slightly different tune. The Wisconsin wing-nut said today he’d

Posted in Congress, Great Depression, Great Recession, mainstream media, Politics, taxes, The New Depression, Uncategorized, unemployment | Tagged , , , , | 1 Comment

Why Obama is still kissing up to Wall Street crooks


Here’s Robert Reich, talking to the wall again, trying to tell Democratic politicians what they must do to lead the way to economic recovery and prevent Republicans from creating an even worse downturn than the one that has plagued us … Continue reading

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Corbett — ideologue or high-priced whore?


From Philly.com: “The Marcellus industry has been clear and outspoken on this for a year or so,” said Ray Walker, vice president of Range Resources in Texas and chairman of the Marcellus Shale Coalition, an industry group. “We are willing … Continue reading

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Arianna & the Koch bros, perfect together


From The Raw Story: The Huffington Post rebuffed a union boycott call over its practice of using unpaid bloggers, saying most of them are “thrilled to contribute” despite not being paid. The Newspaper Guild, a union of US media workers … Continue reading

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Wisconsin cops to GOP: We won’t round up Dems


The thought of using law enforcement officers to exercise force in order to achieve a political objective is insanely wrong and Wisconsin sorely needs reasonable solutions and not potentially dangerous political theatrics. — Jim Palmer, director of the 11,000-member Wisconsin … Continue reading

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