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Tag: Economy

Lock, Stock & Sock

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Posted on Apr 23, 2010 READ MORE    


Titan Over Wall Street

Perhaps Obama could have scored more popularity points if he had ordered a few financiers to be led out of the Cooper Union auditorium in handcuffs.

Posted on Apr 22, 2010 READ MORE


Bill Clinton
Flickr / Chris Denbow (CC-BY)

Clinton’s Contrition

Whereas former presidents typically devote their retirements to history-revising legacy preservation, Bill Clinton is laudably doing the opposite—and the nation will, hopefully, benefit.

Posted on Apr 22, 2010 READ MORE



Live Chat: Robert Scheer on Goldman Sachs

Read a full transcript of Robert Scheer discussing with readers his latest column, the crooks at Goldman Sachs and the prospects of financial reform.

Posted on Apr 22, 2010 READ MORE


Obama
AP / Alex Brandon

Obama Pitches Financial Reform to Wall Street Execs

President Obama spoke before a group of fat cats—or rather, “titans of industry,” as he called them—from Wall Street on Thursday at Cooper Union in New York City, the same site where he’d delivered his pre-bailout, pre-presidential speech on the economy two years ago, in an attempt ... (continued)

Posted on Apr 22, 2010 READ MORE



Earth Day Edition

The trouble with “tweet seats,” Andrew Sullivan explains to the president why gays are hollering at him, and why a gutless YouTube is stifling free expression—and comedy.

Posted on Apr 22, 2010 READ MORE


Bull Market

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Posted on Apr 21, 2010 READ MORE



AP / Andy Blenkush

Borrowing While Poor

Why should a poor borrower be held more responsible than a rich borrower for the default of another poor borrower?

Posted on Apr 20, 2010 READ MORE


Goldman’s Shell Game

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Posted on Apr 19, 2010 READ MORE



White House / Pete Souza, File

Obama Flies In to Give Sen. Boxer a Boost

The president didn’t mince words Monday during a Los Angeles fundraiser for Sen. Barbara Boxer’s bid for re-election, warning “she might not win this thing.” One poll has Boxer about even with the competition, which has yet to be decided by state Republicans. (continued)

Posted on Apr 19, 2010 READ MORE


The Eradication of Trust

American public opinion seems to have become an unguided Weapon of Mass Suspicion, and it’s not hard to understand why.

Posted on Apr 19, 2010 READ MORE


Joseph Stalin
Wikimedia Commons / Margaret Bourke-White

Tea Party Financiers Owe Their Fortune to Josef Stalin

The members of the Koch family, America’s biggest financial backers of the tea party, would not be the billionaires they are today were it not for the godless empire of the USSR.

Posted on Apr 18, 2010 READ MORE



Live Chat: Robert Scheer on the Financial Crisis

If you missed Robert Scheer discussing his latest column, the financial meltdown and its enablers with readers or you just want to relive the excitement, you can read a full transcript right here.

Posted on Apr 15, 2010 READ MORE



Flickr / alancleaver_2000 (CC-BY)

Why You Should Want to Pay Higher Taxes

The notion that taxes are bad for the middle class is akin to the notion that cigarette smoking is harmless, and it should be dealt with by similar means.

Posted on Apr 14, 2010 READ MORE



One Marine’s ‘Liberty Walk’ for the Rest of Us

Ernest Logan Bell, a 25-year-old Marine Corps veteran walking 90 miles to make a point, is the new face of the resistance. He is young, at home in the culture of the military, deeply suspicious of the federal government, disgusted by the liberal elite, unable to find work and angry.

Posted on Apr 11, 2010 READ MORE


‘Fault Lines’: Unemployment in the U.S.

Check out this new “Fault Lines” video in which Avi Lewis examines the lives of Americans who are jobless or underemployed—a number approaching 30 million.

Posted on Apr 9, 2010 READ MORE


George W. Bush
White House / Paul Morse

Americans Still Blame Bush for the Economy

The Harris Poll asked a couple of thousand Americans who, if they had to pick just one, was most to blame for the economic clusterfudge, and they chose George W. Bush, followed by Wall Street. Only 4 percent picked Fed Chair Ben Bernanke.

Posted on Apr 7, 2010 READ MORE



Robert Reich Edition

What Noam Chomsky has to say about globalization, why older is wiser, and proof that at least two of the three bozos who most wrecked the economy still don’t get it.

Posted on Apr 6, 2010 READ MORE



Flickr user Stefano A (CC-BY)

U.S. Slaps Toyota With Record Fine

U.S. auto regulators have decided to fine Toyota a maximum $16.375 million, having determined that the car company waited “at least four months” to recall its troubled vehicles. Toyota can contest the fine, which, although a record, amounts to a tiny fraction of the total financial impact of recalling some 8 million vehicles worldwide. (continued)

Posted on Apr 5, 2010 READ MORE


Barack Obama, Meet Sisyphus

President Obama’s health care victory marked the beginning of a new phase in the administration’s political struggles, not a final triumph.

Posted on Apr 5, 2010 READ MORE


Obama’s Base Problem

No flesh-and-blood president could live up to the imagined heights of candidate Obama, but a broader Democratic Party guarantees disappointment for all, some of the time.

Posted on Apr 4, 2010 READ MORE


Obama
AP / M. Spencer Green

Turning the Corner

An improving U.S. labor market has convinced President Obama that the domestic economy is “beginning to turn the corner,” though he cautions that a sustained employment boom will take time.

Posted on Apr 2, 2010 READ MORE


These Devils Wear Privilege

A country founded on anti-royalism and defined by anti-aristocrat political rhetoric will naturally profess disgust for, say, Ivy League presidential candidates and Duke basketball.

Posted on Apr 1, 2010 READ MORE



Polyglot Edition

Today on the list: The language everyone in the world is learning, YouTube’s original sin and whither the SEC?

Posted on Apr 1, 2010 READ MORE


Sunny Charlie Crist’s Rain Cloud

Florida Gov. Charlie Crist, now the underdog in a tough Senate primary, longs for a political world that seems to have vanished.

Posted on Mar 31, 2010 READ MORE


Greece Isn’t Europe’s Only Problem

Today’s European crisis was precipitated by Greece acting with possibly reckless honesty, and Germany behaving badly.

Posted on Mar 30, 2010 READ MORE



AP / Jae C. Hong

Is America ‘Yearning for Fascism’?

Fritz Stern wrote “In Germany there was a yearning for fascism before fascism was invented.” It is the yearning that we now see, and it is dangerous.

Posted on Mar 29, 2010 READ MORE



Flickr / World Economic Forum

Russia’s Father Time

In an effort to “breathe new life into business activity,” Russian President Dmitry Medvedev has reduced the number of time zones in his country from 11 to nine. More time zone collapsing could lie ahead, with Medvedev suggesting Russia could get by with maybe five.

Posted on Mar 28, 2010 READ MORE



Flickr user George Lu

China Is Beating the Pants Off the U.S. in Clean Energy

China invested nearly twice as much money—$34.6 billion—in clean energy projects in 2009 as the United States. The ecological impact of China’s economic boom could be a factor, but so could ... (continued)

Posted on Mar 25, 2010 READ MORE


The Looming Water Disaster That Could Destroy California

There’s a disaster waiting to happen in the Sacramento-San Joaquin Delta, and a handful of wealthy farmers seem to like it that way.

Posted on Mar 25, 2010 READ MORE


The Right-Wingers Who Cried Wolf

Going too far for Bill O’Reilly is going very far indeed, but the madness of the conservative reaction to the health care bill has yet to abate.

Posted on Mar 25, 2010 READ MORE


Health Care’s New Nullifiers

Virginia Attorney General Ken Cuccinelli seems determined to use an attack on health care reform to bring us back to the 1830s.

Posted on Mar 25, 2010 READ MORE



Noam Chomsky Edition

The water disaster that could destroy California, how much NATO pays for dead Afghan children, and answers to frequently asked questions about health care reform.

Posted on Mar 24, 2010 READ MORE



‘Health Care Reform Is Law’ Edition

Why are Scandinavians so good at murder mysteries? Was Cleopatra really hot? Plus: Stealing your water and the secret deal Obama made to kill the public option.

Posted on Mar 23, 2010 READ MORE



AP / Charles Dharapak

The Health Care Hindenburg Has Landed

As politicians go, Rep. Dennis Kucinich is about as good as they get, but he is still a politician. And so he signed on to a bill that will do nothing to ameliorate the suffering of many Americans, will force tens of millions of people to fork over a lot of money for a defective product and, in the end, will add to the ranks of our uninsured.

Posted on Mar 22, 2010 READ MORE



Flickr / eflon

Regulating Too Big to Fail

Coming only a year too late to the party, Fed Chair Ben Bernanke has asserted that regulators must be “significantly tougher” on the large financial firms, arguing that the perception of those institutions as “too big to fail” threatens competition in the financial markets.

Posted on Mar 20, 2010 READ MORE


‘Kumbaya’ No More

No matter what the Democrats attempt or how they go about it, Republicans are going to complain, obstruct and attack. It’s hard to fathom why that took so long to sink in.

Posted on Mar 19, 2010 READ MORE



Flickr / FreeCat

A World Without Tuna

They served whale at a Santa Monica sushi restaurant. But where are the shock, horror and hidden cameras when the sashimi comes out? Tuna are rapidly vanishing from the Earth’s oceans. An effort to ban the export of Atlantic bluefin tuna just failed at a U.N. meeting, because the countries that sell the animals as food are worried about their fishermen.

Posted on Mar 18, 2010 READ MORE



Privacy Is Dead Edition

The many legal ways your boss is probably spying on you, Stephen Baldwin’s latest crusade, and the famous photo even professional journalists don’t recognize—all this and more after the jump.

Posted on Mar 18, 2010 READ MORE



NPR Strike Edition

Wikipedia is big news in college, Texas textbooks go the way of toilet paper and the NPR strike we never saw coming.

Posted on Mar 17, 2010 READ MORE



Mega Media Edition

Hop on past the jump to find out who owns the media, how Gen. David Petraeus wants to handle Israel and why a 13-year-old genius is suing his school.

Posted on Mar 16, 2010 READ MORE



Flickr / The Doodler

Katrina’s Toxic Trailers Are No Bargain

FEMA is selling more than 100,000 contaminated trailers and mobile homes that are toxic enough to make people very sick.

Posted on Mar 15, 2010 READ MORE



AP / Muhammed Muheisen

Israel Crackdown Puts Liberal Jews on the Spot

The Israeli government, its brutal war crimes in Gaza exposed in detail in the U.N. report by Justice Richard Goldstone, has implemented a series of draconian measures to silence and discredit dissidents, leading intellectuals and human rights organizations inside and outside Israel.

Posted on Mar 15, 2010 READ MORE


All the King’s Horses and All the King’s Men

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Posted on Mar 14, 2010 READ MORE    


The Tax War Goes Online

Amazon has sent a message to states buckling under budget deficits: If you make us play by the same tax rules as other businesses, we’ll punish you.

Posted on Mar 11, 2010 READ MORE


Good News!

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Posted on Mar 11, 2010 READ MORE



Flickr / FAB O LENS

China Has Second-Most Billionaires, Behind U.S.

Well, that didn’t take long. China now has more billionaires (89 if you include Hong Kong) than any other country except for the U.S., which, to be fair, has been working overtime to transfer wealth upward. Unlike the U.S., the Chinese government has promised to distribute its bounty to “make our society fairer and more harmonious.”

Posted on Mar 11, 2010 READ MORE


Good Debt, Bad Debt

There is a pathetic quality to our discussion of deficits and fiscal responsibility because we never face up to how much we need government to do.

Posted on Mar 10, 2010 READ MORE



Liz Cheney Edition

Today on the list: Why Liz Cheney’s fear-mongering is blowing up in her face, how Florida plans to de-gay Hollywood and why books are overrated.

Posted on Mar 10, 2010 READ MORE



Flickr / It's Our City

What Do Toyota and Big Tobacco Have in Common?

Fed up with a certain automotive academic who has been challenging Toyota’s claims about its car troubles, the automaker demonstrated similar problems in its competitors’ vehicles and fielded a team of experts to argue counterpoint. One of those experts runs a consulting firm for hire that once found no link between secondhand smoke and cancer. (continued)

Posted on Mar 9, 2010 READ MORE


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