Category Archives: Wall Street

Meet Blankfein’s buddy, Officer Badass

Posted on September 25, 2011 by oddmanout215

A young man is pushed and wrestled to the ground by a cop, then handcuffed. His crime? Not immediately retreating as the cop swaggered toward him on the sidewalk. The victim appears to say something to the cop right before … Continue reading →

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

‘Liberal’ media, Wall Street thick as thieves

Posted on September 23, 2011 by oddmanout215

Will Bunch commented on its invisibility. So did Firedoglake. Keith Olbermann discussed it with Bunch on Countdown, and even Stephen Colbert noted its conspicuous absence from mainstream news reports. I’m referring to the “occupation” of Wall Street (Zuccotti Park/Liberty Plaza, … Continue reading →

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

Belated populist rhetoric from the big chief

Posted on September 21, 2011 by oddmanout215

It’s rude and obvious, so I’ll say it: If Barack Obama had stood up to Republicans early on instead of being cowed by their enmity and wowed by his own rhetoric, he’d have a much better chance of being re-elected. … Continue reading →

Posted in Congress, economic collapse, Great Recession, mid-term elections, Obama, Politics, taxes, The New Depression, unemployment, Wall Street | Tagged , , , , , | 1 Comment

Banking on degenerate gamblers

Posted on September 16, 2011 by oddmanout215

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

Pre-speech e-mail from my buddy Barack

Posted on September 9, 2011 by oddmanout215

I received an e-mail from the president late Thursday afternoon as he was preparing for last night’s important jobs speech. The chief addressed me as “David” and signed his message “Barack.” I was so moved by this personal gesture, I … Continue reading →

Posted in Congress, economic collapse, enviromentalism, globalization, Great Recession, Obama, Politics, taxes, The New Depression, unemployment, Wall Street | Tagged , , | 4 Comments

Harvard Business Review: ‘Was Marx right?’

Posted on September 7, 2011 by oddmanout215

You know the economy is on its last legs when a Harvard Business School publication reminds us that Karl Marx might have been on to something in his critiques of industrial-age capitalism. In an article headlined “Was Marx right?” economist-consultant … Continue reading →

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

The repo man is bigger, badder than Irene

Posted on August 31, 2011 by oddmanout215

Some people are arguing over whether politicians and the media hyped the hurricane. Was the coverage of Irene too intense, were the predictions too doom-ridden? But these are the wrong questions. It’s a given that politicians will ask people to … Continue reading →

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

Pesky lawyer still on banksters’ case

Posted on August 25, 2011 by oddmanout215

When it comes to describing the complacency of the Wall Street banksters, their unabashed disregard for the millions of people they defrauded, and the ease with which they continue to push the right buttons in Washington in order to avoid … Continue reading →

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, New York Times, Obama, Politics, The New Depression, Wall Street, world-wide economy | Tagged , , , , , | 4 Comments

Gold’s up again. Is Blankfein going down?

Posted on August 22, 2011 by oddmanout215

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

NY Fed’s bottom line: Banksters above the law

Posted on August 22, 2011 by oddmanout215

Most people who buck the system are easily pressured to change course, but a few are more likely to get their back up and hold steady, at least until the pressure becomes unbearable. Gretchen Morgenson wrote today of one such … Continue reading →

Posted in economic collapse, Great Recession, Obama, Politics, The New Depression, Wall Street, world-wide economy | Tagged , , , , , , , , , | 1 Comment