Tag Archives: economic crisis

It’s not a recession, it’s a robbery.

This image gets my vote for the KILLER APP of internet memes to explain what the “economic crisis” and its global banking “austerity measures” are really about: pure greed. All the rich have ever wanted is everything. Damn the middle … Continue reading

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Cuba emerges victor of Cold Cash War

The ban on US travel to Cuba may be lifted, but isn’t the timing so 1989? Old Havana has been affected by the European tourists which have been coming for decades, but opening the gates to the capitalist hordes of … Continue reading

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Crisis may be worse than Depression says Paul Volcker

Crisis may be worse than Depression… What?! A moment of honesty at last? Many ‘financial experts’, as the corporate media always likes to term them, have been predicting their American recovery moment to begin the last quarter of 2009 or … Continue reading

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Democratic Party awash in corruption scandal

What do Illinois Governor Rod Blagojevich and Bernard Madoff have in common? They are both Democratic Party kingpins, the likes of which Barack Obama climbed his way to White House power with. Bernie Madoff ran a $50 billion ponzi scheme … Continue reading

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Does work make you strong, or does it make you sick?

Everywhere you go in America, people tell you how happy they are with having a capitalist economy! They say they can’t imagine it being any other way, in fact, and that Capitalism is Nature’s very own best way. That’s what … Continue reading

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The only thing that is changing, is the meaning of “change.”

Obama picks economic crisis team.   Come meet the new boss, same as the old boss. You got fooled again! If you thought Obama would be Clinton II, guess again. He’s now looking more like Bush III. Told ya’ our … Continue reading

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A Sustainable No Growth Society needed immediately

We are told that the only way out of economic collapse is to restart ‘the economy’, and without that we face a grave crisis. But isn’t that just plain wrong? To restart ‘the economy’ is to restart the destructiveness to … Continue reading

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CEO Bandits and Gump

The best temp gig in history gives a short accounting of bankrupt Washington Mutual and the CEOs that led the bank to its demise. But what’s new about any of this? Ronald Reagan started this trend off with the Savings … Continue reading

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The Panic of 1873 and the panic today

Many are looking back at the 1930s to the Great Depression of that Era and comparing today’s capitalist downturn to that one, but others see little similarities between that Economic Crash of what appears to many as the mere distant … Continue reading

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The specter of world wide depression raises its head

We are so self centered in the US! As our government’s military deficit spending collapses the American capitalist economy we seem to forget that the crisis is a global one now. The Democratic/ Republican team have dragged down the global … Continue reading

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The Wall Street crisis was an inside job

WHO’S LIKENING THE WALL STREET CRISIS TO 9/11?! One was perpetrated by insiders, with the collusion of the US government, to exploit citizen’s fears, and restructure our representational Democracy into an authoritarian oligarchy. Which act of state terror against the … Continue reading

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Gulf Coast poor versus Wall Street RICH

Bailouts for the big boys and slander for the poor! What else is new in America? Not a word in the corporate press about the irresponsible criminal investments by the super rich of the banking and insurance companies, but look … Continue reading

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American liberal intellectualism in crisis

American liberal intellectualism is in a state of crisis today. The intellectuals that guide liberalism keep shouting to the Democratic Party to stop collaborating with the Republican Party and to be a true opposition as today’s liberals have thought they … Continue reading

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