Category Archives: world-wide economy

To D.C. Dems, compromise means capitulate


Unfortunately, the efficacy of slashing spending and taxes on the wealthy will become conventional wisdom now that Democrats have signed on to the program and the disaster capitalists will have won their war against egalitarianism and redistribution. The Democrats didn’t … Continue reading

Posted in Congress, economic collapse, globalization, Great Recession, livable cities, mainstream media, Politics, taxes, world-wide economy | Tagged , , , , , , , , , | 1 Comment

Consumer confidence & the price of Cheez Whiz


Pat’s Steaks, in South Philadelphia, which raised the price of its cheesesteak from a tourist-targeted $8 last year to $8.50, is getting by with a bit less profit to keep from raising prices again, said spokesman Tommy Francano. “Last year … Continue reading

Posted in economic collapse, enviromentalism, Great Recession, Gulf, health care, immigration, livable cities, mainstream media, Philadelphia, Politics, unemployment, world-wide economy | Tagged , , , , , , , , | 3 Comments

Karl & Groucho assess GOP’s war on labor


Before I started writing this column on why paychecks are likely to keep shrinking even if unemployment starts to inch down, I consulted Google to see if the term Marxism was trending upward. It was and has been ever since … Continue reading

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Obama to workers: Can’t find those shoes!


If Americans workers are being denied their rights to organize and collectively bargain when I’m in the White House, I’ll put on a comfortable pair of shoes myself; I’ll walk on that picket line with you as president of the … Continue reading

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Why Madison, Wis., looks like Egypt-land


Credit where it’s due: Not all mainstream reporters are treating what’s happening in Wisconsin as a budget-related spat over cuts in benefits. In today’s Philadelphia Daily News, Will Bunch considers the global context of the story and ponders the likelihood … Continue reading

Posted in economic collapse, Egypt, globalization, Great Recession, mainstream media, Philadelphia, Politics, unemployment, world-wide economy | Tagged , , , , , , , , , | Leave a comment

Egypt, Iraq and neocon doubletalk


The post-2003 democratic wave was brief and somewhat shallow, and it indirectly benefited Hamas and Hezbollah as well as the Kurds and Shiites of Iraq and the Lebanese democracy movement. But the regime-change school in America can claim a degree … Continue reading

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

U.S. foreign policy running on empty


The rise of powerful Islamic parties [in Egypt] appears inevitable… not because of the Quran or a backward tradition, but because we and Israel believed we could bend the aspirations of the Arab world to our will through corruption and … Continue reading

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Working at the Inky/DN will be a hard habit to break


Tighten your fingers around a teaspoon, feel its metal pulse, its mistrustful warning. How it hurts to refuse a spoon, to say no to a door, to deny everything that habit has licked to a suitable smoothness. — Julio Cortazar, … Continue reading

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The Great Oz explains the state of the union


Practicing civility means never having to say you’re sorry. It mostly involves learning to speak in a civil manner, never using words that might cause anger or tears or indigestion. This takes time and effort and — the hard-to-learn part … Continue reading

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Wall Street mafia busted! (That’ll be the day)


“This is one of the largest single-day operations against the Mafia in the FBI’s history, both in terms of the number of defendants arrested and charged and the scope of the criminal activity that is alleged,” said U.S. Attorney General … Continue reading

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