Category Archives: world-wide economy

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

Meet Blankfein’s buddy, Officer Badass


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

Facebook’s budding tyrant (like, comment, share)


I was scrambling eggs the other day and in the background on the radio was Mark Zuckerberg, gushing about the wonderful changes taking place on Facebook, and why it’s such a good thing that Facebook is taking over the social-networking … Continue reading

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‘Liberal’ media, Wall Street thick as thieves


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

When serfs fight back, GOP cries ‘Class warfare!’


This week’s winner of the chutzpah award is libertarian con man Paul Ryan, for accusing the Democratic Party of “class warfare.” Ryan is a disciple of Ayn Rand, the Benzedrine-addled academic who wrote two door-stopper novels that celebrated “the morality … Continue reading

Posted in arts, Congress, economic collapse, fiction, globalization, Great Recession, humor, mainstream media, Obama, Politics, The New Depression, unemployment, world-wide economy | Tagged , , , , , , , | 2 Comments

Banking on degenerate gamblers


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

Obama’s ‘odd strategy’ for pushing jobs bill


Poor Robert Reich. Every time I look at the photo of him that runs with his column he seems to look more bemused, or even dumbfounded, and I can’t help thinking it’s because President Obama is slowly driving him crazy. … Continue reading

Posted in economic collapse, Great Recession, mainstream media, Obama, Politics, taxes, unemployment, world-wide economy | Tagged , , , | 3 Comments

Ten years after, we’re still in a dark age


The shame of it is that Osama bin Laden was counting on America to react in a disastrously foolish way to the 9/11 attacks, and no one in government was clever or cool-headed enough to disappoint him. In fact, the … Continue reading

Posted in Congress, economic collapse, Iraq war, mainstream media, Politics, world-wide economy | Tagged , , , | 1 Comment