Tag Archives: Economy

Denial and the Oil Crisis

When you are living inside a failing empire, of course there is going to be massive denial. The last thing to go will probably be the satisfied consumerist imagery that is the stock in trade of TV commercials. Kunstler isn’t … Continue reading

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May Day : Iraqi Workers Declare Solidarity With U.S. Unions

Union solidarity in the face of war From The Rag Blog / May Day / May 1, 2008 The following comes to us from U.S. Labor Against the War. It includes two May Day communications from the working people of … Continue reading

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R. Baker on Gas and the Economy

High gas prices here to stay?By Roger Baker / The Rag Blog Below are links to two important articles. The top one is a link and a clip from yesterday’s New York Times article that cites a Canadian bank, CIBC, … Continue reading

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A Majority of Doctors Support National Health Care

Frankly, this is a little difficult to swallow. US doctors have traditionally opposed universal health care in favour of unfettered ability to make money (aka, unrestrained greed), and one wonders what has prompted the change of heart. Richard Jehn / … Continue reading

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C. Loving : Buy American!

Your Tax Rebate: The federal government is sending us a $600 rebate… some more & some less. However, if we spend that money at Wal-Mart, the money will go to China. If we spend it on gasoline it will go … Continue reading

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Bush is Most Worsest

BuckFush.com.Bush’s disapproval rating worst of any president in 70 yearsBy Susan Page WASHINGTON — President Bush has set a record he’d presumably prefer to avoid: the highest disapproval rating of any president in the 70-year history of the Gallup Poll. … Continue reading

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The Smartest Guys in the Room

Why the U.S. Has Gone BrokeBy Chalmers Johnson / April 26, 2008 The military adventurers in the Bush administration have much in common with the corporate leaders of the defunct energy company Enron. Both groups thought that they were the … Continue reading

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Partnership Is the Heartbeat of Islamic Economics

Islamic FinanceBy Loretta Napoleoni / April 26, 2008 Islamic finance has become the fastest-growing, most dynamic sector of global finance. Every Western-style financial product has its sharia, i.e. Islamic law, compliant instrument: microfinance, mortgages, oil and gas exploration, bridge building, … Continue reading

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Democracy Is So, Like, 20th Century

US President Bill Clinton acknowledges applause after signingthe North American Free Trade Agreement (NAFTA).Congress approved NAFTA in 1993.José Can You See? Bush’s Trojan TacoBy Greg Palast / April 24, 2008 Psst! George Bush has a secret. While you Democrats are … Continue reading

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High Price of Oil and the Global Economy

Paris sez: No prob! Smooth Sailing Ahead Its easy to disprove the pessimism below. When we had the great depression, all we had to do was to go discover enough new US oil to keep the economy expanding and then … Continue reading

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Renters Getting Kicked by Housing Crisis, Too

Let’s recall what this really means: we are bailing the banks out while average Americans suffer the consequences of a corrupt financial system. We get kicked out of our homes, lose deposits, have to find new places to live, but … Continue reading

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Food Fight! Big Time…

World War II poster.Food – the ultimate weapon of the ruling eliteBy William Bowles / April 17, 2008 Using food as a weapon is as old as the siege but today’s barbarians have upped the anté by several orders of … Continue reading

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