Tag Archives: spending cuts

No relief in sight from Eric Cantor disaster

Posted on August 30, 2011 by oddmanout215

I refer to the less-than-esteemed U.S. Rep from Virginia. The dapper super-nerd with the smug grin who badgered Barack Obama during debt ceiling negotiations. The Tea Party lap dog whose strategy for rising in the GOP ranks is to recite … Continue reading →

Posted in Congress, economic collapse, Great Recession, Politics, taxes, unemployment | Tagged , , , , , , | 2 Comments

London calling… for more firefighters

Posted on August 9, 2011 by oddmanout215

Fans of the Clash must feel nostalgic watching events unfold in London and other English cities, where economic austerity (starve the poor) and rioting are back in style. The New Yorker quotes a Labour Party official who warned last fall … Continue reading →

Posted in Congress, economic collapse, globalization, Great Recession, mainstream media, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , , | 1 Comment

Ayn Rand would rap Ryan’s knuckles

Posted on August 7, 2011 by oddmanout215

Paul Ryan has always insisted on “revenue neutral” tax reform, but now that congressional Dems have been trounced, he’s singing a slightly different tune. The Wisconsin wing-nut said today he’d

Posted in Congress, Great Depression, Great Recession, mainstream media, Politics, taxes, The New Depression, Uncategorized, unemployment | Tagged , , , , | 1 Comment

Sound and fury, signifying status quo

Posted on July 15, 2011 by oddmanout215

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

Brooks, the Earnest Weasel, nips at Obama

Posted on April 18, 2011 by oddmanout215

This because it’s been a long while since my last installment of the Weasel Watch: President Obama and Paul Ryan are two of the smartest, most admirable and most genial men in Washington. It is sad, although not strange, that … Continue reading →

Posted in David Brooks, economic collapse, Great Recession, mainstream media, Obama, Politics, taxes | Tagged , , , , , , , , | Leave a comment