Tag Archives: debt ceiling

Groveler-in-chief can’t cut deal on debt


Last night I listened to Barack Obama beg right-wing fanatics to accept his proposed solution to the debt ceiling standoff. He may as well have said, “Come on guys, I’m giving away the store plus all the land around the … Continue reading

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Sound and fury, signifying status quo


Joseph Stiglitz, a few months ago in Vanity Fair: The more divided a society becomes in terms of wealth, the more reluctant the wealthy become to spend money on common needs. The rich don’t need to rely on government for … Continue reading

Posted in Congress, economic collapse, Great Recession, mainstream media, Obama, Politics, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , , | Leave a comment