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Tag Archives: Economy
The World We have Known is Vanishing Before Our Eyes
Recession, Depression, Collapse: What’s Fear Got To Do With It?By Carolyn Baker / April 13, 2008 Interesting, isn’t it, that mainstream economists need a so-called economic guru like Alan Greenspan to confirm that the U.S. economy is in recession? If … Continue reading
Making Foreclosures into Public Events
Truckers rally in Harrisburg, Pennsylvania.(Chris Gardner / Getty Images)Truckers Hit the BrakesBy Barbara Ehrenreich / April 12, 2008 Until the beginning of this month, Americans seemed to have nothing to say about their ongoing economic ruin except, “Hit me! Please, … Continue reading
Paying to Repair It for Decades to Come
Iraq and the US economy: ills feeding off each otherBy Joseph E. Stiglitz / April 11, 2008 Some say there are two issues in the coming American elections: the Iraq war and the economy. On days when the war seems … Continue reading
And It All Comes Tumbling Down
Peak Energy. Peak Food? World oil price hit a record of $112 a barrel today, gasoline prices also hit a record, electric power generation is faltering, and rice prices have risen 50 per cent in two weeks. Peak energy soon … Continue reading
To Gratify One Man’s Stunted Imagination
CAROLINE ARNOLD: Soldiers in modern wars all die in vainBy Caroline Arnold / April 6, 2008 Benjamin Franklin may or may not have said it, but it’s a suggestive metaphor for a dilemma of democracy, as well as for our … Continue reading
The State May Not Humiliate Anyone
Saving the American Left: The Case for a New Progressive CreedBy Bernard Chazelle / April 7, 2008 The American left is in the throes of an existential crisis. Some say it’s a failure of nerve, others a loss of belief. … Continue reading
End of the world as we know it
You might feel fine, but high oil cost, scarcity mean American Empire is about to come crashing downBy Guy R. McPherson / April 6, 2008 Peak oil spells the end of civilization. And, if it’s not already too late, perhaps … Continue reading
Good News Dept.
The Old American Century.
Beware the New New Thing AND The Already Thing
Christian Northeast / NYTNew internet technologies could bring de facto censorship.By Damian Kulash Jr. / April 5, 2008 Recently, the House Judiciary Committee’s antitrust task force invited me to be the lead witness for its hearing on “net neutrality.” I’ve … Continue reading
Defending the Indefensible: Billions in Subsidies
I don’t know about you, but I wanna throw up all over these smug, arrogant fuckers. Richard Jehn / The Rag Blog Stephen Simon (Exxon Mobil), John Hofmeister (Shell), Peter Robertson (Chevron), JohnLowe (Conoco Phillips) and Robert Malone (BP America) … Continue reading
Never Did the Possibility of Disappointment Offer So Much Hope
Would you like change with that? Super Tuesday II, as Fox dubbed it, took some steam out of the Obama bandwagon, but he’s still the likely Democratic nominee, and therefore the likely president-to-be. Which is remarkable, really—a nonparticipant can only … Continue reading