Despair Economics
March 26, 2009This so-called “financial meltdown” is indeed a down, but a descent from the base-bottom up — Close to 70 percent of the current unemployed in the US are blue-collar workers despite all the Wall Street…
This so-called “financial meltdown” is indeed a down, but a descent from the base-bottom up — Close to 70 percent of the current unemployed in the US are blue-collar workers despite all the Wall Street…
News people working the White House are way-too-cool for school — Last night, they acted the arrogant clowns displaying delusional as opposed to actual smarts during President Obama’s press conference. (Illustration found here). Obama is…
A side effect of continuous bad news on the doorstep. This morning in the New York Times: The recession seems to have a sweet tooth. As unemployment has risen and 401(k)’s have shrunk, Americans, particularly…
If not for the way-pissed-off feeling I have, coupled with a sense of nothing-you-can-do despair, maybe this would be sad, or least wouldn’t appear so freakin’ obviously stupid: Mr. Haas walked on, his pink shirt…
Gail Collins, who writes for the New York Times editorial pages, has penned a right-on, nail-’em-to-the-wall piece this morning on the AIG/banking/finance clusterf**k of a freakin’ mess. Collins is way-pissed: Angry. So very, very angry.…
In the past few years, a lot of people and organizations who should have been the standard bearers for news gathering and reporting have dropped the ball big time — Journalism sucks nowadays. Despite all…
The new normal for Republicans exemplified by such goings on: Inverness Police say former Cook County Republican Chairman Gary Skoien admitted having two prostitutes in his children’s playroom when his wife walked in on him…
Last graph in Al-Jazeera‘s report on Tuesday’s shooting in south Alabama: “The right to own guns has been fiercely defended in the US since the country’s civil war in the 19th century, and they are widely…
After nearly a year, an arrest warrant was issued Wednesday for Sudan’s Omar al-Bashir, charging the guy with war crimes and crimes against humanity. The good Mr. President, however, told the International Criminal Court to…
Why the US is losing the “hearts and minds” of the Afghan population: Between 1-2am on the rainy night of 16 January 2008, a large number of international military personnel wearing desert camouflage surrounded the…