Category Archives: world-wide economy

Bush speaks on 9/10, supersizes lies

Posted on September 11, 2011 by oddmanout215

Yesterday on the Atlantic City Expressway, at the sprawling Frank S. Farley rest stop, I remembered how quickly 9/11 became a device for generating hatred while at the same time lulling Americans into swallowing lies about costly, undeclared wars. All … Continue reading →

Posted in Congress, economic collapse, food, Great Recession, humor, mainstream media, Politics, taxes, The New Depression, unemployment, world-wide economy | Tagged , , , , , | 1 Comment

Harvard Business Review: ‘Was Marx right?’

Posted on September 7, 2011 by oddmanout215

You know the economy is on its last legs when a Harvard Business School publication reminds us that Karl Marx might have been on to something in his critiques of industrial-age capitalism. In an article headlined “Was Marx right?” economist-consultant … Continue reading →

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

Labor Day message from Albert Einstein

Posted on September 5, 2011 by oddmanout215

Think of the millions of jobs eliminated or off-shored over the past few decades. Consider the extent to which this is the result of alliances between our increasingly corrupt political establishment and the corporate elite. Look at the way politicians, … Continue reading →

Posted in Congress, economic collapse, globalization, Great Recession, mainstream media, Politics, The New Depression, unemployment, world-wide economy | Tagged , , , , | 3 Comments

Pesky lawyer still on banksters’ case

Posted on August 25, 2011 by oddmanout215

When it comes to describing the complacency of the Wall Street banksters, their unabashed disregard for the millions of people they defrauded, and the ease with which they continue to push the right buttons in Washington in order to avoid … Continue reading →

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, New York Times, Obama, Politics, The New Depression, Wall Street, world-wide economy | Tagged , , , , , | 4 Comments

Gold’s up again. Is Blankfein going down?

Posted on August 22, 2011 by oddmanout215

The bald little man in the oversize suit who lives in a $26 million apartment next to Central Park may yet have that smirk wiped off his face. He hasn’t been charges in any civil or criminal case — up … Continue reading →

Posted in economic collapse, Goldman Sachs, Great Recession, Politics, The New Depression, Uncategorized, unemployment, Wall Street, world-wide economy | Tagged , , , , | 2 Comments

NY Fed’s bottom line: Banksters above the law

Posted on August 22, 2011 by oddmanout215

Most people who buck the system are easily pressured to change course, but a few are more likely to get their back up and hold steady, at least until the pressure becomes unbearable. Gretchen Morgenson wrote today of one such … Continue reading →

Posted in economic collapse, Great Recession, Obama, Politics, The New Depression, Wall Street, world-wide economy | Tagged , , , , , , , , , | 1 Comment

You can’t tell the cops (SEC) from the robbers

Posted on August 19, 2011 by oddmanout215

As you probably know, e-mailed information often ends up in databases that can be used against us by government agents, corporate spies or even acquaintances out to avenge real or imagined injuries. (I spent two years unsuccessfully trying to salvage … Continue reading →

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, Politics, Wall Street, world-wide economy | Tagged , , , , , | 1 Comment

If you prick corporations, do they not bleed?

Posted on August 12, 2011 by oddmanout215

“Corporations are people, my friend,” says Mitt Romney, who looks like a middle-aged Ken doll and acts like he has an industrial coolant coursing through his veins. Or maybe I’m just prejudiced against soulless enemies of the poor and jobless, … Continue reading →

Posted in economic collapse, globalization, Great Recession, humor, mainstream media, Politics, unemployment, Wall Street, world-wide economy | Tagged , , , , | 1 Comment

‘Goons of August’ usher in new era

Posted on August 6, 2011 by oddmanout215

Nobody’s shooting yet, but I’ll bet Barbara Tuchman would appreciate Robert Kuttner’s headline. Kuttner does a good job summarizing Democratic stupidity regarding the debt deal, and of explaining why our government, in its current form, is in worse shape than … Continue reading →

Posted in Congress, economic collapse, Great Recession, Obama, Politics, taxes, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , , | 1 Comment

Media’s ‘cult of balance’ drags it to the right

Posted on July 27, 2011 by oddmanout215

Interesting blog yesterday by Paul Krugman, edgier than most of his op-ed columns, sparked by his gloomy conclusion that “the cult of balance, of centrism” is hurting the country more than the cult of right-wing loonies pushing for default on … Continue reading →

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