Tag Archives: Economic Crisis

Wanted : Dialogue on the Great Depression of 2009

How prepared are Americans today to cope, adjust, improvise, and to help one another as things really get tough in the coming year or two? Could really bad times that go on and on bring about a forced reset of … Continue reading

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Unregulated Markets Led to Economic Ruin

Source.Laissez-Faire Capitalism Should Be as Dead as Soviet CommunismBy Arianna Huffington / December 22, 2008 The collapse of Communism as a political system sounded the death knell for Marxism as an ideology. But while laissez-faire capitalism has been a monumental … Continue reading

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An American Icon, the SUV, Is Slowly Vanishing

Billy Bob Grahn, a county official, paid tribute Tuesday as a G.M. plant in Janesville, Wis., became one of three to close. Photo: Andy Manis for The New York Times.Nearly the End of the Line for S.U.V.’sBy Nick Bunkley and … Continue reading

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Have Yourself a Merry Little Christmas

Adding to the sad irony of this post is the fact that Sadhbh Walshe’s article below did not appear in one mainstream news source in the USA. That there are 30 million Americans who must resort to food stamps to … Continue reading

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Glimpses of Our (North American) Future?

Here’s a cheery holiday story from exotic, picturesque Japan. Mariann Wizard / The Rag Blog An elderly man walks away from a Tokyo grocery store after being observed stealing medicine for an upset stomach. Photo: CNN.Report: More elderly Japanese turn … Continue reading

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No Place Like Home (For the Holidays) : When You’ve Got One

Americans now losing their homes to the mortgage crisis and the millions more, like us, who have fallen prey to the healthcare crisis in this nation are losing far more than just an address or an extra bedroom or a … Continue reading

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Rush Limbaugh : Economic Crisis a Democratic Plot to Elect Obama

Rush Limbaugh: What’s he been smoking?Limbaugh’s Crazy Conspiracy Theory: ‘I am just wondering — as I say, it can’t be proven — I’m just wondering if a lot of this was by design to create economic panic.’ By Amanda Terkel … Continue reading

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Another Story of Police State Amerikkka: Plans for Economic Unrest

For cryin’ out loud, read what these clowns are planning. They are scared to death of their constituencies. And THAT scares me to death. First they trash the system, then they effectively scapegoat us for it having happened. What a … Continue reading

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Lame Duck Dubya’s Belated Bailout

President Bush pauses during a statement on the auto industry at the White House on Friday, December 19, 2008 in Washington. Photo by Evan Vucci / AP.‘It looks like the feds are going to end up owning and supporting a … Continue reading

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A Lesson From Canada (and Detroit) : Single Payer Health Care is Way to Go

‘Canada pays LESS for health care per person than the US — with far better results in terms of general wellness of the population.’By Tommie Sue Montgomery / The Rag Blog / December 13, 2008 See ‘If G.M. Were a … Continue reading

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Joseph E. Stiglitz on the Economic Crisis : Capitalist Fools

Treasury Secretary Henry Paulson and former Federal Reserve Board chairman Alan Greenspan bookend two decades of economic missteps. Photo illustration by Darrow / Vanity Fair. Behind the debate over remaking U.S. financial policy will be a debate over who’s to … Continue reading

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Chicago Sit-In : Courageous Union Making Impressive Statement

United Electrical Union Workers Local President Armando Robles, left, and U.E. Western Regional President Carl Rosen address the media about negotiations with Bank of America and Republic Windows and Doors on the fourth day of a sit-in at the companies … Continue reading

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