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Category Archives: world-wide economy
Freedom of assembly? Not in MY public space
From Michael Kimmelman’s thoughtful piece about… well, about America’s rediscovery that movements to effect social change are often sparked by large, sustained public gatherings of protesters: THE ever expanding Occupy Wall Street movement, with encampments now not only in Lower … Continue reading
Don’t judge me by my shoes…
The Band was peaking as a creative force when “King Harvest (Has Surely Come)” appeared on their second album. The song’s subject is a rural victim of the Great Depression who joins a labor union to avoid starvation. His plight … Continue reading
Bloomberg backs off plan to sweep away OWS
Weary looking Russell Simmons, answering a reporter’s question about Occupy Wall Street after the movement survived a threat by NY Mayor Michael Bloomberg to “clean up” its camp in Zuccotti Park: The message is coming out. It’s pretty simple. We … Continue reading
Talking with voters, walking with CEOs
What will it mean to American voters that Barack Obama has signed into law three trade deals that will destroy up to 159,000 American jobs, and that he did this at approximately the same time he promised to get serious … Continue reading
Question for NYT: WHOSE economy is growing?
News stories often raise more questions than they answer. Such is the case with an article by Robert Pear, who seems to agree with Robert Reich that we’re in a “jobs depression,” then says something else: In a grim sign … Continue reading
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
What’s crazier, belief in UFOs or in ‘free trade’?
Who else remembers when presidential candidate Dennis Kucinich was kneecapped by the corporate media? During a candidates’ debate in 2007 Tim Russert asked Kucinich if it were true he’d seen a UFO years before. “I did,” Kucinich said. “It was … Continue reading
Tom Friedman’s ‘hyperconnected’ fantasy world
The NYT headline was “How did the robot end up with my job?” It was on an op/ed column by Tom Friedman, the corporate media’s foremost cheerleader for the brave new world of downsizing, outsourcing and off-shoring that is the … Continue reading
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
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 Ballad of a Thin Man, Bob Dylan, Cornel West, Ginia Bellafante, Michael Moore, Naomi Klein, Noam Chomsky, Occupy Wall Street
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