Tag Archives: Finance

FILM / Lamar W. Hankins : 2008 Economic Crash Was an ‘Inside Job’

The economic crash of 2008:An ‘Inside Job‘ By Lamar W. Hankins | The Rag Blog | November 8, 2011 A fair summary of the award-winning documentary Inside Job is this: The economic crisis that culminated in bailouts in 2008 was … Continue reading

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Richard Raznikov : Libya Falls (Or Was it Pushed?)

Which side are you on, boys…? Anti-Khadafy protesters pray in front of an American flag at Court Square in Benghazi, Libya. Photo by Hassan Ammar / AP. (Or was it pushed?) Libya falls… The worst sin Moammar Khadafy committed was … Continue reading

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Lamar W. Hankins : Tax Cuts and Republican Hypocrisy

At the trough. Image from Florida Pundit. Republican tax cut hypocrisy knows no bounds The average current tax cut on millionaires insisted on by the Republicans and agreed to by President Obama amounts to $200,000 each for 2011 and 2012. … Continue reading

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Danny Schechter : Why Wall Street is Winning

Wall Street: The bull is back.Why Wall Street is winning The hated financial center is bouncing back. How did they do it? By Danny Schechter / The Rag Blog / April 26, 2011 Two years ago, as financial reform was … Continue reading

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BOOKS / Danny Schechter : Villains Galore! A Bankster Dozen

Bankster graphic from ANU News.Villains galore!Good holiday reads aboutthe great economic crisis By Danny Schechter / The Rag Blog / December 4, 2010 Back in 2007, just as the markets began their meltdown, I started writing a book I called … Continue reading

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Danny Schechter : The ‘Fraudclosure’ Backstory

Illustration by Matt Mahurin / The Washington Independent.U.S. workers in need of rescue:Report from the epicenter of ‘fraudclosures’ It’s dark as a dungeon way down in the mine… By Danny Schechter / The Rag Blog / October 25, 2010 WEST … Continue reading

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Greg Moses : The Sound of Un-Hatched Chickens Crashing

Generation Payback:The cash value of capitalism By Greg Moses / The Rag Blog / May 9, 2010 Confronted on Tax Day by satellite visions of free market capitalism led by the American Tea Party, global investors began to exit the … Continue reading

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Tax Day Tea Party : Markets Overboard!

Cartoon by Mike Konapacki / solidarity.com.Tax Day Tea PartyTosses markets overboard By Greg Moses / The Rag Blog / April 17, 2010 Like so many chests of tea tossed overboard into Boston Harbor, world markets fell straight down Friday in … Continue reading

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Legalized Loan Sharks : Usury With Fangs

“Shark Attack,” pen and ink illustration by Tom Grady / Pulse.The spoils of credit card ‘reform’:Unregulated interest rates skyrocket By Ted McLaughlin / The Rag Blog / December 21, 2009 According to the Oxford American Desk Dictionary, the definition of … Continue reading

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Understanding our Economic Fix : The Crippled Financial System

Cartoon by Manny Francisco / Manila Times / Black Commentator.The product of neocon economics:Our badly damaged financial system By Sherman DeBrosse / The Rag Blog / December 5, 2009 The Democrats could lose between 20 and 35 House seats in … Continue reading

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A Dog’s Life : America’s Financial Mess

A walk in the park: Scout and Missy take a breather. Photo by Larry Ray / The Rag Blog.A walk in the park:A Felliniesque view of our financial messBy Larry Ray / The Rag Blog / November 27, 2009 Walking … Continue reading

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Who Owns Congress? (Hint : Wall Street)

And where’s the outrage?Wall Street owns Congress By Sid Eschenbach / The Rag Blog / October 11, 2009 See ‘On the government’s owners’ by Glenn Greenwald, Below. A few years ago, Bill Bennett wrote a book entitled The Death of … Continue reading

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