Tag Archives: recession

Intellitech College still recruiting students for really crappy jobs

It’s how we know the economy doesn’t actually exist in any meaningful form. I might have written much the same thing 9 years ago when the Banks took us into a Great Recession or Massive Market Adjustment by buying debt, … Continue reading

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Happy (International) Labor Day

Because the official one will be (a) months away and (b) it’s going to be a party for office workers more than laborers. All the bars and restaurants and stores will be open. THEIR employees ain’t going to have the … Continue reading

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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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FOX broadcasting at it again, Gullible Travails and A Modest Proposal

CW57, one of the local DumFox stations, aired an “infomercial” for a seminar, books and training videos on how to take advantage of the housing market crash, telling the Gullible that if they buy the properties ON CREDIT (even though … Continue reading

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Flag pin betrayal

Of course you know I would just never unleash a vicious attack like mocking a fake-patriot or faux-elitist move like wrapping ones bullshit in either the flag or the cross. Just have to point out that the flag lapel pin, … Continue reading

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Dogbert explained financial meltdown two decades ago.

If it didn’t embed the picture, that’s where Dogbert applied for one credit card, with the aim of using the phantom money on that card to order another, and another, until eventually he would have all the money in the … Continue reading

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Remember Fred Thompson and his Little Red Pickup?

The one that he had somebody deliver to a short driving distance from his rallies, so he could pretend to be “jes plain folks”? He’s doing Bankster Commercials. Yep. Working for an investment group, who are hawking a “reverse mortgage”. … Continue reading

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Change you have to believe in

Obama says he’ll have the Middle East Conflict solved in two years –I’m surprised it will take him that long. Can you discern rhyme or reason as to when Bush-44rd declares mission accomplished? While President Obama’s First Hundred Days amounted … Continue reading

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How Does It Feel?

So I’ve been letting this ferment for about a week. Good Morning America had a session about “Money in Your Closet” which wasn’t aimed to the vast majority of Americans who make substantially less than “Average Income”. How to sell … Continue reading

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BP, Meet Agatha

As in, the first named storm of the season. So far, 12 killed in Guatemala. Oh, and we were duly informed that the Top Kill maneuver failed. If it’s any consolation to us they didn’t wait two weeks to tell … Continue reading

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Alfred Lownstein and Carrion Fowl Capital

We got our satellite TV today, and on History International there’s “History’s Mysteries”. War Profiteer/Wall Street Weasel (ok, so the European version thereof) financier Lownstein is flying across the English Channel. End of life history is he’s reported to go … Continue reading

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Wasn’t the Recession simply terrible?!

From the infamous 1931 sign above a bread-and-soup line showing a happy smiling family smartly dressed riding in their new car… Dow Jones doesn’t “slide” below 10k… it “plunges.” OOPS. The accompanying picture on AP shows a bunch of floor … Continue reading

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Hummer DEAD! “Proud Conservative” driving the Ultimate Welfare Cadillac

Yep, the gas guzzling (6 miles to the gallon) Replacement Penis is no longer being manufactured! Marketed to people who feel cheated, abused, picked upon, bullied, IMPOTENT, ridiculed… “Pay $50,000 (base price) for our Worthless Piece of Shit and Become … Continue reading

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The Caracas Commitment Si Se Puede

You might imagine the multinational corporate media would blackout the talk of a 5th Socialist International. They are most determined to censor the issues which the world’s leftist parties are resolved to address. Where Obama 2008 and Copenhagen 2009 project … Continue reading

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HR-3962 a travesty of mockery of sham

While a number of Democrats implicated themselves by joining all but one Republican to vote against the Affordable Health Care for America Act, let’s make a distinction for Representative Dennis Kucinich who had reasons the other congressmen are not prepared … Continue reading

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Rock Creek Free Press available in COS

The Rock Creek Free Press is available online, but if you want it in print, the DC monthly is available in Colorado Springs at the Bookman, 3163 W. Colorado. The September issue features a speech given by legendary Australian journalist … Continue reading

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Turning the economic corner to what?

The US media is now full of optimistic assurances to ‘We, The People’, that ‘the economy is turning the corner’ and all will be well once again as if that was ever all that much the case! Certainly it has … Continue reading

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Diabetic care in America is a total mess

Diabetics skimp on lifesaving care in recession *Note, too, that how diabetes is treated in the US is a key indicator of how the Medical System as a whole is doing since diabetes is now such a common disease of … Continue reading

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Some 4,400,000 US jobs lost in last 15 months

“Since the start of the recession in December 2007, the economy has shed 4.4 million jobs, with more than half purged in the last four months alone.” For more about this, see Reuters U.S. economy sheds 651,000 jobs in February

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Killing people with the $1 menu

The US ‘recession diet’ highlights the dollar menu of McDonalds, but the whole problem of how the capitalist economy kills the poor with a crappy food supply is international in scope and encompasses much more than one food outlet and … Continue reading

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Apres nous, le Depression

If it matters what to call this financial crisis, what is it? Is America in a recession? When does a deep recession approach a depression? When is an economic crash revealed to be a collapse? Before we can rename the … Continue reading

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The shipping news

The whining and hang-wringing about the “credit crunch” is getting on my nerves. It was this supposed crisis that led to the $700 billion bailout and we’re told every day that it must be solved quickly, no matter the cost, … Continue reading

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The American dyslexia for economics

The interest rate for banks is down to zero. B of A and Citibank are still charging 39%. What again does economic news have to do with me?   The biggest news on the economy was BREAKING NEWS a week … Continue reading

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Time to use the word DEPRESSION again

One of the most ridiculous of the utterly false and phony positive thinking talking points used by the US’s Right Wing corporate daily press and the talking heads of their TV stations is their constant babble about whether we have … Continue reading

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Seven hundred times N,OOO,OOO,OOO!

Is the strategy to pay this ransom, then have the robbers intercepted as they make their escape? What other excuse will Democrats Pelosi and Reid offer for coming home with a bag full of 140,000,000,000 wooden nickels? That money’s gone … Continue reading

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