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Category Archives: RagBlog
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
Change Rocks : The Boss Rallies Pennsylvania
Around the world, we remain the repository of people’s dreams. A thousand George Bushes and Dick Cheneys cannot tear that house down. I want my house back, I want my country back. I want my America back. Bruce Springsteen / … Continue reading
Posted in RagBlog
Tagged Bruce Springsteen, November Election, Obama, Presidential Campaign
1 Comment
When the Common User Questions the Economic Justice of Capitalist Executive Compensation
Steve Schwarzman, Chairman and CEO Blackstone Group (BX)2007 Total compensation: $350.7 millionI wonder why Paulsen didn’t hit upon the billionaires and the 25 HIGHEST PAID MEN IN THIS COUNTRY for that money!By Diane Stirling-Stevens / The Rag Blog / October … Continue reading
Prince Charles Rejects Genetic Engineering
Prince Charles has again stirred controversy with his strong views. Getty Images.Charles targets GM crop giants in fiercest attack yetBy Geoffrey Lean / October 5, 2008 In a provocative address to an Indian audience, the Prince echoes Gandhi with a … Continue reading
Levy: Israeli Policy in Gaza Needs Modification
This is not the specific photo that Levy references.Twilight Zone / BlindfoldedBy Gideon Levy / October 4, 2008 Take a quick look at the photo before you. We took it last fall by chance. In the course of another interminable … Continue reading
Ask a Tuvaluvian If Global Warming Is a Myth
The Pacific island of Tuvalu is facing a near certain death as global warming raises the sea level.Sinking Tuvualu wants our help as ocean levels riseBy Brad Crouch / October 4, 2008 THE first nation likely to be overwhelmed by … Continue reading
Post-Bailout : Why the Stock Market Still Plunged
Unemployment, tempera on paper by Ben Shahn, 1938. © Private Collection/Christie’s Images / The Bridgeman Art Library.It’s the economy, stupid….By Steve Russell / The Rag Blog / October 4, 2008 Why, I was asked off line, did the market dive … Continue reading
Posted in RagBlog
Tagged Bank Bailouts, Economic Collapse, Economy, Stock Market, Unemployment, Wall Street Bailout
4 Comments
Abstinence Only : Sex Education as Politics
Annual funding for abstinence-only is close to $175 millionBy Scott Murray / October 1, 2008 When Alfred Kinsey published Sexual Behavior in the Human Male in 1948, he included a stern word of caution to his readers: “as long as … Continue reading
Posted in RagBlog
Tagged Abstinence, Bush Administration, Christian Right, Public Morality, Sex Education, Sexuality
2 Comments
We Will Pay Because God Loves the Rich
And as we all know, worms do not rise up in revolt. That takes a backbone.Speaking in the Tongues of Brokers: The Bailout in Plain EnglishBy Joe Bageant / October 2, 2008 Any number of cultural historians have noted the … Continue reading
To Begin Healing the Nation, Accept Responsibility
Shame! Shame! Come Back ShameBy Joel Hirschhorn / October 3, 2008 Shame on them (the politicians) and shame on us (the public). We live in the United States of Shame. Why? Because everywhere we see nothing but disgrace, dishonor and … Continue reading
The Guantanamo Military Commissions: A Parody of Justice
Who’s Pulling the Strings? The Dark Heart of the Guantánamo TrialsBy Andy Worthington / October 3, 2008 On September 24, Col. Lawrence Morris, the chief prosecutor of Guantánamo’s Military Commission trial system, announced that Lt. Col. Darrel Vandeveld, the prosecutor … Continue reading
Ike Destroyed 45,000 Homes and the First Amendment
Hurricane Ike damage. Photo: Matt Slocum/Associated PressIke: The Silent StormBy Teresa Van Deusen / October 3, 2008 The evacuees from Hurricane Gustav had just returned home September 5th when Hurricane Ike began to head for the Gulf of Mexico. National … Continue reading
