Category Archives: Wall Street

Coming soon to a town near you — Camden-ization


Somebody send out the cadaver dogs to search for my midwinter optimism. In the fall, at least, I was able to bike across the Ben Franklin  from Philly to take care of business. But after the first dusting of snow, … Continue reading

Posted in Camden, Delaware River Port Authority, economic collapse, globalization, Great Recession, livable cities, mainstream media, NJ, Philadelphia, Politics, taxes, Wall Street, world-wide economy | Tagged , , , , , , , , , | 6 Comments

Obama vs. the desert of the real


We may not be able to stop all evil in the world, but I know that how we treat one another is entirely up to us. I believe that for all our imperfections, we are full of decency and goodness, … Continue reading

Posted in Great Recession, mainstream media, Obama, Philadelphia, Politics, taxes, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , , , , , , | 1 Comment

A holiday fairy tale about lame ducks


It’s depressing to think that there was no way to win that would not have involved giving away billions of dollars to people who don’t need it. But it’s kind of cheery to think we have a president who actually … Continue reading

Posted in Congress, economic collapse, Great Recession, mainstream media, mid-term elections, New York Times, Obama, Politics, unemployment, Wall Street | Tagged , , , , , , | 1 Comment

Obama’s bottom line: No, we can’t


If life were a Frank Capra movie, Barack Obama would have looked across the table at Mitch McConnell and said, “OK, Turtle Face, I’ll take this issue to the people and lay out the facts. You’re trying to blackmail Democrats. … Continue reading

Posted in Congress, economic collapse, Great Depression, mainstream media, Obama, Politics, taxes, unemployment, Wall Street | Tagged , , , , , | Leave a comment

Ugly old white men still rule!


It is hard to believe, as the holidays approach yet again amid economic hard times, but Congress looks as if it may let federal unemployment benefits lapse for the fourth time this year. — Nov. 28 New York Times editorial … Continue reading

Posted in Congress, economic collapse, mainstream media, mid-term elections, New York Times, Obama, Politics, taxes, unemployment, Wall Street | Tagged , , , , , , , , , | 1 Comment

Kristof to Obama: Do you sweat?


“Mr. Obama has a far better product to sell than Tea Partiers like Mr. [Jim] DeMint. But Mr. Obama needs to connect better with American voters. He needs to lose the cool and start sweating — and slugging.” — Nicholas … Continue reading

Posted in Congress, economic collapse, Great Depression, Gulf, mainstream media, mid-term elections, New York Times, Obama, Philadelphia, Politics, unemployment, Wall Street | Tagged , , , , , , , | 1 Comment

She voted to burn down her house


“‘I voted Republican, which is unusual for me,’ said one woman… ‘My main concern is the economy. I couldn’t stand by and watch it continue to crumble.’” — from the Nov. 3 Philadelphia Metro. You have to love the logic. … Continue reading

Posted in Congress, economic collapse, globalization, Great Depression, mainstream media, mid-term elections, Obama, Philadelphia, Politics, unemployment, Wall Street | Tagged , , , , , , , | 1 Comment

Take away my rights, not my toys


Why FDR’s words wouldn’t resonate today “No country, however rich, can afford the waste of its human resources. Demoralization caused by vast unemployment is our greatest extravagance. Morally, it is the greatest menace to our social order.” In 1934, FDR’s … Continue reading

Posted in economic collapse, Great Depression, mid-term elections, unemployment, Wall Street, world-wide economy | Tagged , , , , , | Leave a comment