Tag Archives: Economy

High Price of Oil and the Global Economy

Paris sez: No prob! Smooth Sailing Ahead Its easy to disprove the pessimism below. When we had the great depression, all we had to do was to go discover enough new US oil to keep the economy expanding and then … Continue reading

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Renters Getting Kicked by Housing Crisis, Too

Let’s recall what this really means: we are bailing the banks out while average Americans suffer the consequences of a corrupt financial system. We get kicked out of our homes, lose deposits, have to find new places to live, but … Continue reading

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Food Fight! Big Time…

World War II poster.Food – the ultimate weapon of the ruling eliteBy William Bowles / April 17, 2008 Using food as a weapon is as old as the siege but today’s barbarians have upped the anté by several orders of … Continue reading

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The On-Going Battle Over What Seattle Will Be

There was an article in the Seattle Times last October about the transformation of the area around south Lake Union. I was visiting for a little big city culture, and I could see from the hotel window all the cranes … Continue reading

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Iraq Moratorium : One MORE Time…

On Friday afternoon, April 18, 2008, at rush hour, members of CodePink and Movement for a Democratic Society (MDS/Austin)– dressed in black and some wearing skull masks — marked the April Iraq Moratorium at the busy corner of Sixth and … Continue reading

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Whirling Steadily Down a Big Wide Culvert

Slip of the TongueBy Jim Kunstler Barack Obama caught hell last week for daring to tell the truth about the ragged thing that the American spirit has become. He said that small-town Pennsylvania voters, bitter over their economic circumstances, “cling … Continue reading

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Now you may kiss the brides…

Nick Anderson / Houston ChronicleThanks to Harry Edwards / The Rag Blog

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Peak Oil News : Prices Continue to Surge

The peak oil crisis: The silly season Is upon usby Tom Whipple During the past week, the surge in oil prices continued with crude, gasoline and diesel prices all hitting new highs. U.S. gasoline consumption may be down by a … Continue reading

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Erosion of Pay Check Drives Economic Downturn

Kim Baker works at a roof tile factory with declining business. “We don’t just hop in the car and go shopping or get something to eat,” he said, with his daughter Bailey and wife, Debbie, right. Photo by J. Kevin … Continue reading

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According to Form

Thanks to Harry Edwards / The Rag Blog

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Real Power Can Be Manifest Through Our Spending

The Most Powerful People in AmericaBy Joel S. Hirschhorn / April 16, 2008 They are not the rich and superrich, nor the politically powerful running the two-party plutocracy, nor the greedy heads of banking and finance companies, and certainly not … Continue reading

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Michael Klare : Oil Rules!

TomDispatch interview with author, Mike Klare It’s strange that the business and geopolitics of energy takes up so little space on American front pages — or that we could conduct an oil war in Iraq with hardly a mention of … Continue reading

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