Category Archives: world-wide economy

GOP on Japan nuke crisis: Shit happens

Posted on March 16, 2011 by oddmanout215

Eric Fry of The Daily Reckoning, commenting on his colleague Chris Mayer’s column, about the advisability of investing in uranium “futures” in the wake of the ongoing nuclear reactor crisis is Japan: Uranium is “too hard” indeed. On the other … Continue reading →

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Obama is mum on Wall St. & oil prices

Posted on March 12, 2011 by oddmanout215

… Barack Obama‘s number one private campaign contributor was Goldman Sachs, which is one of the two major companies that is engaged in commodity index speculation. Morgan Stanley, which is another major contributor of his, was the other. You know, … Continue reading →

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To D.C. Dems, compromise means capitulate

Posted on March 7, 2011 by oddmanout215

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

Posted on March 4, 2011 by oddmanout215

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

Posted on March 2, 2011 by oddmanout215

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!

Posted on February 28, 2011 by oddmanout215

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

Posted on February 21, 2011 by oddmanout215

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

Posted on February 4, 2011 by oddmanout215

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 →

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U.S. foreign policy running on empty

Posted on February 1, 2011 by oddmanout215

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

Posted on January 30, 2011 by oddmanout215

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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