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Tag Archives: Financial Crisis
Jim Hightower : The Five Most Wanted Men from Wall Street and Washington
Our economy didn’t melt down, it was taken down by ideological extremists.By Jim Hightower / November 3, 2008 What the hell’s happening here? Why is my bank in the tank? And my house and job? And my retirement money? Even … Continue reading
Posted in RagBlog
Tagged Banking, Corporate Corruption, Economic Collapse, Economy, Federal Reserve, Financial Crisis, Jim Hightower, Wall Street
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Surprise! : Banks to Use Bailout Bucks for Mergers
The Rag Blog reported yesterday, in a story titled Salary Bonuses Constitute 10% of the Bailout that pay and bonus deals for corporate bigwigs account for about ten percent of the government bailout package. Here’s more good news: Big banks … Continue reading
Posted in RagBlog
Tagged Bank Bailouts, Banking, Congressional Bailout, Economy, Financial Crisis, Monopoly Capitalism
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Economic Crisis : It’s World-Wide and Long-Term
It’s not getting better any time soon.By Roger Baker / The Rag Blog / October 26, 2008 See ‘US government throws oil on fire’ by Henry C K Liu, and ‘What now?’ by Jim Kunstler, Below. The economic crisis is … Continue reading
Posted in Rag Bloggers
Tagged Economic Collapse, Financial Crisis, Global Economy, Great Depression
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How Will the Crash of 2008 Impact the Elderly?
Health care, the nursing home, the retirement home, and, heaven help us, John McCain.By Dr. S. R. Keister / The Rag Blog / October 15, 2008 One of the most frightening aftereffects of the crash of 2008 will be the … Continue reading
Paul Craig Roberts Proposes an Economic Fix
Source, and for additional information about the market free-fall.A Solution?By Paul Craig Roberts / October 10, 2008 Readers have been pressing for a solution to the financial crisis. But first it is necessary to understand the problem. Here is the … Continue reading
Fairie Tale About the Economy : You Gotta Believe
‘Healing our sick economy is going to take the power of faith.’By Roger Baker / The Rag Blog / October 9, 2008 Interestingly enough, those who understand the mysteries of the US economy advise us that once we have faith … Continue reading
Posted in Rag Bloggers
Tagged Capitalism, Economic Collapse, Economy, Financial Crisis
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Visualize Industrial Collapse Dept.
Propping up Capitalism…‘A hundred billion in federal guarantees here, a trillion there, it all adds up.’By Roger Baker / The Rag Blog / October 7, 2008 Don’t focus on the Dow too much. More important is probably how Bernanke is … Continue reading
Posted in Rag Bloggers
Tagged Capitalism, Economic Collapse, Economy, Financial Crisis, Wall Street Bailout, World Economy
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Stopping a Financial Crisis : How Sweden Did It
Sweden’s Bo Lundgren sought an ‘upside’ for the taxpayer.‘Sweden did not just bail out its financial institutions by having the government take over the bad debts. It extracted pounds of flesh from bank shareholders before writing checks.’By Carter Douherty A … Continue reading
Greed and Disaster Politics (Burp.)
‘This is a gun to our head by our own people. The Republicans and Democrats are both doing this.’By Dennis Thompson / The Rag Blog / October 3, 2008 I called my congressman’s office to weigh in on the “debate”. … Continue reading
Posted in Rag Bloggers
Tagged Economic Collapse, Financial Crisis, Wall Street Bailout
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Roger Baker : Industrial Collapse? Bring it On!
Collapse the Light into Earth by ~EvidencE~‘The best outcome is probably for humans to hit the wall soon and hard.’By Roger Baker / The Rag Blog / October 2, 2008 Is industrial collapse the BEST way out of our current … Continue reading
Michael Moore : Bucks Not Delivered; People Say ‘No’
‘Hundreds of thousands of Americans woke up yesterday morning and decided it was time for revolt’By Michael Moore / September 30, 2008 Everyone said the bill would pass. The masters of the universe were already making celebratory dinner reservations at … Continue reading
Posted in RagBlog
Tagged Bank Bailouts, Congress, Economic Collapse, Financial Crisis, Populism
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