Cry-baby capitalism is making me sick to my stomach. Why is that when things are on the way up, we’re all told to buckle up and suck it up and keep up with all of the others that are racing ahead of us as we stumble in our careers or other activities, while on the way down, the world’s (once) largest companies are the first […]
It looks like Shell is going to be one of the major beneficiaries of the occupation of Iraq. This story , from Raw Story, exposes the sweetheart (although non-binding) deal that Shell has struck up with the existing government of Iraq. But it’s not about the oil.
In my search for alternatives, I came across this series of lectures provided by the Socialist Project, found here . There are three lectures: (1) Marxian Views of Financial Capital and Credit, (2) Capitalism, Neoliberalism and the Current Crises of Wall Street and Bay Street, and (3) Bank Bailouts or Socialist Alternatives? Unfortunately, they’re a little long and there were no talking points or other […]
This article shows the return to a warrior economy. During the Clinton years, the US government was almost able to pay off its bills because this administration had reduced defense spending. Not a lot, but enough. At the dawn of the Bush age, we saw an iunprecedented increase in ‘defense’ spending that has nearly bankrupt the US economy. With any luck, Obama will curb the […]
I’m loathe to be critical of someone who is promising change and who hasn’t even had a chance to sit in the big chair yet, but when Obama promised ‘change’, was he just talking about pocket change, like pennies and nickels? This announcement makes me feel that way. Appointing another alumnus from Goldman Sachs to the Department of Treasury doesn’t really smell like ‘change’. It […]