Category Archives: Wall Street

Serfin’ USA (the new feudalism)

Posted on February 22, 2012 by oddmanout215

Did Cameron Diaz go under the knife? Will the stars of Hangover 3 score big pay increases? These are the questions that try journalists’ souls. Meanwhile, in another world, in a piece called “Is Market Capitalism Dead?,” Columbia Prof. Thomas … Continue reading →

Posted in economic collapse, globalization, mainstream media, Mitt Romney, New York Times, unemployment, Wall Street, world-wide economy | Tagged , , , , , | 1 Comment

The Facebook bubble

Posted on February 2, 2012 by oddmanout215

A massive con job may be in progress in the form of the coming Facebook IPO, which will supposedly value the company somewhere in the vicinity of $75 billion to $100 billion. From DJ Pangburn of Death and Taxes: … … Continue reading →

Posted in Wall Street, world-wide economy | Tagged , , | 2 Comments

Poe at the billionaires’ bash

Posted on February 1, 2012 by oddmanout215

Bill Moyers and William Winship commenting on the arrogance of “imperial swells” who throw grand parties to congratulate themselves on their great wealth: This one occurred here in Manhattan at the annual black-tie dinner and induction ceremony for Kappa Beta … Continue reading →

Posted in economic collapse, fiction, Goldman Sachs, history, humor, New York Times, Occupy Wall Street, Wall Street | Tagged , , , , , , , , | 1 Comment

Dirtballs face off in Florida

Posted on January 30, 2012 by oddmanout215

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

Barack Obama, prince of players

Posted on January 26, 2012 by oddmanout215

Listening to Barack Obama’s State of the Union address in 2012 was like listening to his campaign speeches in 2008. Every issue he’d placed in deep freeze during his first three years as president was brought out to thaw. His … Continue reading →

Posted in Congress, economic collapse, globalization, Obama, Politics, Wall Street | Tagged , , , , | 3 Comments

‘Yes He Can,’ but will he?

Posted on January 19, 2012 by oddmanout215

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

Obama tax Wall St.? Fahgetaboutit!

Posted on January 13, 2012 by oddmanout215

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 →

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Newt joins Occupy Wall Street!

Posted on January 13, 2012 by oddmanout215

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

It’s 2012, and the frauds are still free

Posted on January 2, 2012 by oddmanout215

I wonder if the old Stones’ song “I’m Free” is on Lloyd Blankfein’s iPod? The song crossed my mind while reading Danny Schechter’s article about the media’s “lack of any real investigation of Wall Street crimes, and the indictments of … Continue reading →

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, Occupy Wall Street, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , , , , , | Leave a comment

Did Obama not get it?

Posted on December 30, 2011 by oddmanout215

Why wasn’t job creation the president’s No. 1 priority when he took office? Why didn’t he make a serious, steady effort to get the real economy back on track? Did he really think the bailed-out banks — the banks that … Continue reading →

Posted in campaign finance reform, Congress, economic collapse, finance reform bill, Goldman Sachs, Great Recession, mid-term elections, Obama, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , , | 3 Comments