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Category Archives: RagBlog
Barbara Ehrenreich : How Positive Thinking Wrecked the Economy
Greed: The Little Engine that Couldn’tBy Barbara Ehrenreich / September 24, 2008 Greed – and its crafty sibling, speculation – are the designated culprits for the ongoing financial crisis, but another, much admired, habit of mind should get its share … Continue reading
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Tagged Capitalism, Corporate Power, Economic Collapse, Positive Thinking
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Jim Hightower : Banking Jobs on the Move (Overseas)
‘These powerhouse bankers – who profit enormously from America’s people, laws, protections, and subsidies – no longer feel any responsibility for providing good American jobs’By Jim Hightower / September 25, 2008 Let’s hear it for Citigroup, Goldman Sachs, Morgan Stanley, … Continue reading
BOOKS : ‘American Wife’ is based on Laura Bush
‘Imagine marital bliss with a man who farts often and calls it “tooting his own horn”’ By Cathy Matusow / September 24, 2008 What’s it like to be married to George W. Bush? Imagine marital bliss with a man who … Continue reading
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Tagged American Wife, Books, Curtis Sittenfeld, Fiction, George W. Bush, Laura Bush
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You Gotta Be Able to Laugh at Yourself …
Nominated As the World’s Best Short Joke of the Year A 3-year-old boy examined his testicles while taking a bath. ‘Mom’, he asked, ‘Are these my brains?’ ‘Not yet,’ she replied. Thanks to Ned Salman / The Rag Blog
What’s Wrong with This Picture?
Forbes publishes list of 400 wealthiest AmericansBy Tom Eley / September 24, 2008 Even as the US careens into its greatest economic calamity since the Great Depression, the financial aristocracy whose parasitism and criminality has brought on the crisis has … Continue reading
The Logical Conclusion to Deregulating the Markets
Has Deregulation Sired Fascism?By Paul Craig Roberts / September 24, 2008 Remember the good old days when the economic threat was mere recession? The Federal Reserve would encourage the economy with low interest rates until the economy overheated. Prices would … Continue reading
Ann Wright: A Voice of Reasonable Dissent
Retired Col. Ann Wright was one of three U.S. diplomats to resign in protest over the American invasion of Iraq in 2003.Retired soldier now in fight against war in IraqBy Bill Sizemore / September 24, 2008 NORFOLK – For Ann … Continue reading
Turning to High-Tech to See Through the Economic Mess
Fighter pilot helmet with x-ray vision — to see through those marble walls! And that ain’t nothin, honey.Using 21st century anti-insurgency technology to prevent the next stock market meltdownBy Doug Porter / September 23, 2008 The Washington Post and the … Continue reading
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Tagged Counterinsurgency, Economic Collapse, Economy, Technology, Wall Street
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McCain Cancels, Letterman Pissed!
Letterman: ‘I’ll find him.’ Photo © James Devaney, WireImage.com.Letterman says McCain’s disappearing act not funnyBy Bill Carter / September 24, 2008 See Video Below. Senator John McCain may have disappointed many expectant voters and debate viewers with the decision to … Continue reading
Tom Hayden : No Deal. We Need Economic Democracy
The bailout, the election, and new hope for the leftBy Tom Hayden / September 24, 2008 The proposed Wall Street bailout is the ultimate lipstick on a pig. Progressives should oppose it, no matter the cosmetics. I speak as a … Continue reading
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Tagged Bank Bailouts, Capitalism, Economic Collapse, Economic Democracy, Obama, Progressives, Tom Hayden
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John McCain Is Just Another Routine Liar
Davis and McCain – but are they going up or down?The biggest story of the campaignBy Michael Tomasky / September 24, 2008 Mark this day down. Today – last night, actually – the New York Times and Roll Call reported … Continue reading
‘Monument to Audacity’ : Bailout is No Solution
OK. You’re bailed out. But don’t do nothin’ bad.No Bail Out. We want a Buy Out.By David P. Hamilton / The Rag Blog / September 24, 2008 The bailout of the US financial sector is going to happen because the … Continue reading
Posted in RagBlog
Tagged Bank Bailouts, Capitalism, Economic Collapse, Finance, Socialism, Wall Street
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