Tag Archives: Economic Collapse

More Bailout Bonanza : A Quiet Windfall for U.S. Banks

Lotsa’ kibble: Typical US banker post-bailout windfall, thanks to sneaky tax law adjustment.‘Corporate tax lawyers quickly realized the enormous implications of the document: Administration officials had just given American banks a windfall of as much as $140 billion.’ By Amit … finish reading More Bailout Bonanza : A Quiet Windfall for U.S. Banks

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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 … finish reading Jim Hightower : The Five Most Wanted Men from Wall Street and Washington

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William Blum on McCain and Much More

Jay McShann playing piano in a whore house. The Anti-Empire Report: Read this or George W. Bush will be president the rest of your life By William Blum / The Rag Blog / October 30, 2008 Don’t tell my mother … finish reading William Blum on McCain and Much More

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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 … finish reading Economic Crisis : It’s World-Wide and Long-Term

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The Bailout Monster : Feed Me!

Just wait until next month, sucker.By Roger Baker / The Rag Blog / October 22, 2008 See ‘Fed to Provide Up to $540 Billion to Aid Money Funds’ by Craig Torres and Christopher Condon, Below. Dividing $540 billion by the … finish reading The Bailout Monster : Feed Me!

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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 … finish reading How Will the Crash of 2008 Impact the Elderly?

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Canary in the Mineshaft : Cautionary Tales of Suicide, Bigotry

Was this house worth dying for?In this July 23, 2008 file photo, the Taunton, Mass. house This was the home of Carlene Balderrama, 53, who fatally shot herself soon after faxing a letter to her mortgage company July 22, saying … finish reading Canary in the Mineshaft : Cautionary Tales of Suicide, Bigotry

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Towards Market Fascism : America’s Political Cannibalism

Even got too hot for John: McCain takes the microphone from a woman at a rally Friday in Lakeville, Minn., after she said: “I don’t trust Obama. … He’s an Arab.” Photo by Jime Mone / AP. This should be … finish reading Towards Market Fascism : America’s Political Cannibalism

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Knee-Jerk Bailout Policy as Financial Cure-All? Here’s a Moderate Alternative.

Lower the hammer on knee-jerk policies.‘The following economic essay is an intelligent alternative to the current economic crisis response under Paulson and Bernanke.’By Roger Baker / The Rag Blog / October 13, 2008 Would the following moderate but sensible approach, … finish reading Knee-Jerk Bailout Policy as Financial Cure-All? Here’s a Moderate Alternative.

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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 … finish reading Paul Craig Roberts Proposes an Economic Fix

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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 … finish reading Fairie Tale About the Economy : You Gotta Believe

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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 … finish reading Visualize Industrial Collapse Dept.

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