Archive for the ‘Economics’ Category
Thursday, August 14th, 2008
[caption id="attachment_4459" align="aligncenter" width="300" caption="The dollars real value "][/caption]
I read Dean Bakers columns over at CEPR. He helps me to understand how all the ups and downs of prices for goods and services that are fucking us all in the ass six ways from Sunday. From Mr. Bakers newest column ...
Posted in Economics, Politics | 6 Comments »
Saturday, August 9th, 2008
Businessweek's Brian Grow and Keith Epstein did an in depth article on the corporations that prey upon our nations poor, specifically the working poor. The title of their article (listen to the podcast here): The Poverty Business . There is quite a lot of money to be made off ...
Posted in Economics, Housing Market, Politics, Poverty, corruption, greed, ownership society | 2 Comments »
Thursday, August 7th, 2008
That's the message from Steve Chapman of Reason magazine about the economy. Its not that the economy is bad, hell its growing, it is the fact that we Americans have lost wealth and continue to do so due to the higher costs of gasoline and reduced value of our homes. ...
Posted in Economics | 3 Comments »
Tuesday, August 5th, 2008
The McCain campaign wants us to believe that their recent attack ads are simply an attempt to inject a little humor into the 2008 election. Yes, we're supposed to conclude that a campaign with a significant fund raising disadvantage has decided to magnanimously toss money down the drain to make ...
Posted in 2008 elections, BIO, Barack, Economics, George W. Bush, John McCain, Obama, Politics, Rhetoric, greed, humor, satire | 1 Comment »
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 ...
Posted in Economics, capitalism | 29 Comments »
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 ...
Posted in Economics, Miscellaneous, capitalism | 16 Comments »
Monday, July 21st, 2008
This story doesn’t have a point to it. It’s just one of those neighborhood incidents involving class warfare, neighborhood gentrification and clashing values. Here’s the full story.
In Seattle’s Eastlake neighborhood, a homeless person built himself a treehouse in a local park. The locals all knew him as the Squirrelman. He ...
Posted in Economics, Miscellaneous, Poverty | 3 Comments »
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 ...
Posted in Economics, Middle East, World News, capitalism | 5 Comments »
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% ...
Posted in Economics, Education, capitalism | 22 Comments »
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 ...
Posted in BIO, Bush, Economics, Housing Market, Taxes, capitalism, greed, ownership society | 2 Comments »