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Archive for the ‘capitalism’ Category

Dow Plunges 500+ Points on Bank Failures, Sour Economy

Monday, September 15th, 2008

Gotta love the "Ownership Society" created by Bush and supported by McSame. Thanks to them, we now ALL own a piece of their failure, by way of taxpayer bail-outs. That's right folks...you own a piece of Bear Stearns, Fannie Mae, Freddie Mac, and before too much longer, probably a piece ...

Court Rules Against Gouging by Cell Phone Carriers

Wednesday, July 30th, 2008

A judge has ruled that Ford Motor Company can no longer penalize you for trading in your Ford and buying a Chevy instead. And Safeway can’t make you pay a fine if you go across the street and shop at Albertsons. Of course those two things never happened. But this is ...

Energy Crisis: America at a Crossroads

Friday, July 25th, 2008

This isn’t our first energy crisis. The first one was during the winter of 1973-74, and there’ve been a few since then. But this one seems more permanent than the others. Along with skyrocketing gas prices, we’ve got record high food prices, a housing crisis and a credit crisis. Everything seems ...

America’s Landlord (It’s Not Who You Think)

Saturday, July 19th, 2008

According to one theory, oil is the international currency. Might as well be. Now, putting aside all feelgood rhetoric and wishful thinking, let’s ask the unspeakable question — how much is America worth? According to this calculation, the United States of America is worth 400 billion barrels of oil. And it just ...

America - Not #1

Thursday, July 17th, 2008

Sadly, every developed European country has higher life-expectancy than the US.  We are ranked 42nd in life expectancy and 34th in infants surviving to age one.  This despite the fact that we spend more than any other country per person on healthcare.  Most of Europe, Canada and Russia have about 75% ...

Socialism Is Evil! (Unless You Need A Corporate Bail-Out)

Wednesday, July 16th, 2008

"Ours is a system of corporate socialism, where companies capitalize their profits and socialize their losses...in effect, they tax you for their accidents, bungling, boondoggles, and mismanagement, just like a government. We should be able to dis-elect them." - Ralph Nader Conservatives hate socialism. We know this is true because they tell ...

Expectations and Economics

Thursday, July 10th, 2008

It’s not what you have, but what you believe you can have that drives the American economy. We should all understand that Republican fiscal ideology is focused on benefits for the wealthy. It costs the wealthy too much to help out those down on their luck, so we shouldn’t do it ...

Economic “Stimulus” Checks Effective?

Wednesday, July 2nd, 2008

Some stories are too good to be true. It appears that the tax rebate checks which were part of the Bush administration's economic stimulus package have been effective...in stimulating the porn industry. An industry research firm reports an increase in revenues closely matches the distribution of the 173 billion dollar ...

An Answer To The High Costs Of Energy: Just Go Freegan

Wednesday, July 2nd, 2008

(photo from freegan.info, courtesy of falcophoto.com)  They eat from dumpsters. The shun regular employment. They live in abandoned dwellings. You might think of them as "bums." They prefer to be known as Freegans. And their ranks may well be growing.  Dubbed "strategies for a sustainable life beyond capitalism," the Freegans may well ...

RIAA and MPAA on the warpath again OR how to shake down folks just like the MAFIA.

Thursday, June 26th, 2008

The RIAA has really, seriously lost their collective mind. H/T to Chet at the Vanity Press for this gem. From Wired: The recording industry and U.S. radio companies have squared off for decades about whether AM and FM radio broadcasters should pay royalties to singers, musicians and their labels.But now the ...