Posted in economy on Apr 5th, 2009 17 Comments »
Last Friday Bill Moyer’s Journal had on William K. Black, a professor of economics and law at the University of Missouri. Blake wrote the 2005 book The Best Way to Rob a Bank is to Own One, which covered the now quaint scandal that was the Savings and Loans crisis of the 1980s.
See the […]
Posted in economy on Mar 23rd, 2009 No Comments »
An excerpt:
The crisis was the coup de grâce: Given virtually free rein over the economy, these same insiders first wrecked the financial world, then cunningly granted themselves nearly unlimited emergency powers to clean up their own mess. And so the gambling-addict leaders of companies like AIG end up not penniless and in jail, but with […]
Posted in economy, politics on Dec 12th, 2008 1 Comment »
Did the Republican’s really just push us deeper into recession because they hate Unions and want more foriegn and cheap labor in the South?
These guys are complete assholes.
I hope Bush feels just enough guilt to allow a bridge loan out of the already approved $700b. He’s already the worst ever, but maybe he’ll add […]
Posted in comedy, economy on Nov 30th, 2008 2 Comments »
Tying in nicely to Jacob’s most recent post..
here we have Der Furher coming face to face with a personal housing apocalypse..
Posted in economy, film on Nov 30th, 2008 2 Comments »
November 2007 saw the release of the film What Would Jesus Buy? which satirically focused on the commercialization of Christmas and materialism at large. The film stars activist/performance artist Bill Talen, who goes by the alias of “Reverend Billy,” and his troupe of activists, whose street theater performances take the form of a church […]
Posted in Election 08, economy on Oct 6th, 2008 2 Comments »
I’m glad we gave away $700 billion to Wall Street to stop the bleeding…
Via Openleft…
Last Monday’s Headlines:
House Rejects Bailout Package, 228-205; Stocks Plunge,
New York TimesBailout bill slapped aside; record stock plunge, AP
Markets plunge after House rejects financial rescue bill, LA Times
Stocks plunge as House votes down bailout plan; Dow drops 778, USA Today
Today.
Credit Crisis […]
Posted in economy, fear, politics on Sep 28th, 2008 1 Comment »
I’ll readily admit I don’t really know what to make of the bailout situation. I’m no economic intellectual, but my gut tells me $700 billion is a lot of money (5% of our entire economy), and I can’t help but wonder if that money couldn’t be used to better serve the interests of Americans […]
From National Geographic:
Everything you eat. Everything you drink. Everything you use. Your entire life’s consumption. In one place at one time.
For a long time I’ve had this exact thought floating around in my head. “Every piece of fruit I ever ate, what would that look like visually?”, or more literally, “how big would that pile […]
Posted in economy, politics on Mar 17th, 2008 1 Comment »
From last week…
It’s too bad we didn’t listen to these idiots and invest one-third of the Social Security system in the market.