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Tag Archives: Economy
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
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
Posted in RagBlog
Tagged Counterinsurgency, Economic Collapse, Economy, Technology, Wall Street
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"Equal Opportunity": Just Another Fairy Tale
A note of appreciation from the richBy Author Unknown / September 21, 2008 Let’s be honest: you’ll never win the lottery. On the other hand, the chances are pretty good that you’ll slave away at some miserable job the rest … Continue reading
David Sirota : The $700 Billion Questions
Treasury Secretary Henry Paulson, with friend. Paulson detailed what he called “a comprehensive approach” to repairing financial markets on Friday, Sept. 19. (Hold on to your wallet.)Using the shock doctrine, Wall Street and Washington’s wrecking crew aim to get the … Continue reading
Posted in RagBlog
Tagged Bank Bailouts, Bush Administration, Capitalism, Economic Collapse, Economy, Finance, Henry Paulson, Treasury Dept.
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…Two Ringy Dingy : For a Bailout, Press ‘One’ . . .
Ah, for the good old days. Wait a minute. When were the good old days?‘If you’re calling because you insured billions of dollars’ worth of undocumented, nonperforming mortgages, press or say “two”‘By Alan Neff “Hello! You’ve reached the United States … Continue reading
Market Meltdown: Explanation from an Expert
The spittin’ image of a bad betThe Real Reason for the Global Financial Crisis…the Story No One’s Talking AboutBy Shah Gilani / September 18, 2008 [Part I of a three-part series looking at how so-called “credit default swap” derivatives could … Continue reading
Posted in RagBlog
Tagged Bank Bailouts, Banking, Economic Collapse, Economy, Finance
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Being Realistic Eventually Turns Out To Be Right
The Karl Marx and Friedrich Engels monument in Berlin.Photo: commons.wikimedia.org / Manfred BrückelsReality Catches Up to the Free MarketBy William Pfaff / September 18, 2008 Karl Marx, were he still about, would surely be interested in the report that unregulated … Continue reading
Times are Hard and Tent Cities Are on the Rise
Mack Martinez, 19, of Cedar Rapids, Iowa, smokes in front of his tent at the tent city that sprung up next to the homeless shelter in downtown Reno, Nev., Wednesday, June 25, 2008. Photo by Scott Sady / AP.‘From Seattle … Continue reading
Economic Meltdown : Are We a Nation of Village Idiots?
‘Conservative Republicans always want the government to stay out of business and avoid regulation as long as they are making lots of money’By James Moore / September 18, 2008 Don’t let them tell you this economic meltdown is a complicated … Continue reading
Posted in RagBlog
Tagged Bank Bailouts, Banking, Capitalism, Economic Collapse, Economy, Finance, Market Regulation, McCain, Phil Gramm, Republican Party, Wall Street
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Thomas Cleaver : The Republicans and Socialism for the Rich
Mr. Burns, the one secretly in charge: ‘Excellent!”Who says the Republicans don’t believe in socialism?By Thomas Cleaver / The Rag Blog / September 17, 2008 …Or at least socialism for the rich, when their incompetence threatens to kill them all. … Continue reading
Posted in Rag Bloggers
Tagged Bank Bailouts, Banking, Economic Collapse, Economy, Finance, Republican Party
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Roger Baker : This Ain’t Your Father’s ‘Economic Crisis’
Great Depression: Sign of the times.‘This is not something like the Great Depression that can be corrected by a decade of hard times and even war’By Roger Baker / The Rag Blog / September 16, 2008 I think that now … Continue reading
Posted in Rag Bloggers
Tagged Depression, Economic Collapse, Economic Recovery, Economy, Great Depression
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Bailout Blues: We Ain’t Seen Nothing Yet
A Conservative Confidence GameBy Deborah Stone / September 9, 2008 Leave it to Fannie and Freddie to do for American politics what reasoned argument failed to do–strip the clothes off the Emperor of Markets. The fuss over whether government should … Continue reading
