Category Archives: Wall Street

Romney is in a cult, but it’s not Mormonism


Don’t wonder if Mitt Romney wears magic Mormon underwear. Don’t fret that he’s a member of the Mormon Church — officially, the Church of Jesus Christ of Latter-Day Saints — started by Joseph Smith, a 19th-century con man who claimed … Continue reading

Posted in Congress, economic collapse, globalization, Great Recession, mainstream media, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , | 6 Comments

These protesters are ‘angry at the right people’


Who would have thought a few weeks ago that hundreds of protestors from something called Occupy Philly would set up camp in Center City? The idea is almost as far-fetched as a tent city next to Wall Street. But there … Continue reading

Posted in City Hall, economic collapse, Goldman Sachs, Great Recession, mainstream media, Philadelphia, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , | 3 Comments

Obama sides with banksters, not protesters


OK, we knew this all along, but I still winced when I read it in Firedoglake: For perhaps the first time, President Barack Obama was forced to explain why there have been no prosecutions of Wall Street executives for their … Continue reading

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, Obama, Politics, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , , | 3 Comments

NPR probes bank’s gift to NYPD (I kid you, NPR)


This just in from a National Public Radio investigation sparked by a post on JP Morgan Chase’s website: JPMorgan Chase recently donated an unprecedented $4.6 million to the New York City Police Foundation. The gift was the largest in the … Continue reading

Posted in economic collapse, Great Recession, mainstream media, Wall Street, world-wide economy | Tagged , , , , | 4 Comments

NYT’s Ginia B. admits Occupy is for real


In her article today, Ginia Bellafante didn’t call Occupy Wall Street “pantomime progressivism” — an improvement — but it seems she still doesn’t quite get what’s going on in Lower Manhattan. Bellafante’s lede refers to Occupy as “ideologically vague and … Continue reading

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

Recession, my ass. Deal with the ‘D’ word.


Come on, Robert Reich, you’re almost there. You mentioned there was zero jobs growth in August. You noted that the number of Americans looking for work “has grown by over seven million” since 2007, but that 300,000 fewer Americans actually … Continue reading

Posted in economic collapse, globalization, Goldman Sachs, Great Depression, Great Recession, Obama, The New Depression, unemployment, Wall Street | Tagged , , , , , , | 3 Comments

My dinner with Barack


I received another dispatch from Barack Obama a few days ago, and this time the subject line made me blush: David, can we meet for dinner? The room whirled and I thought for a moment I might need my jacquard … Continue reading

Posted in economic collapse, Goldman Sachs, Great Recession, humor, mainstream media, Obama, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , , , | 2 Comments

A bankster prerequisite: Scamming 101


Matt Taibbi explains what triggered Wall Street protests Actually, this long quotation from a February interview of Taibbi explains why it’s accurate to think of crooked investment bankers — banksters — as scam artists as well as degenerate gamblers of … Continue reading

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

Times columnist snickers at Wall St. protesters


To my knowledge, only one story regarding the ongoing Wall Street protests appeared last week in The New York Times, and it was the sort of snarky, condescending dispatch you might expect from a Republican legislative staffer, not from a … Continue reading

Posted in economic collapse, globalization, Goldman Sachs, Great Recession, mainstream media, New York Times, Politics, unemployment, Wall Street, world-wide economy | Tagged , , , , , , | 3 Comments

Liberal decries DN’s report on police violence… Huh?


Here’s how Nathan Schneider of Democracy Now! responded when police violence — and the documenting of it by amateur videographers — finally forced some mainstream publications to stop pretending Occupy Wall Street isn’t happening: In an article that recounts as … Continue reading

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, Obama, Politics, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , | 7 Comments