Category: economics

BASH bloggers against stephen harper Canada canadian election corruption disaster capitalism economics excited delirium Politics propaganda shock Steve The Corporation
November 16, 2008

The Pirates of Parliament

First, they squandered our budget surpluses and gave them away to corporations, most of which aren’t even Canadian-owned any more. Then, they said that they would never run a deficit before the election and announced that deficits would become all the rage after the election.  I’m looking for a ‘before/after video clip to post here – if you have one, please let me know. Now, […]

corruption disaster capitalism economics financial crisis The Corporation US economy
November 14, 2008

Fed Refuses to Identify Recipients of $2 Trillion in Bailout Money

Like vapour, this cash is being printed (well, not really) and it’s disappearing faster than anyone thought we could collectively imagine. Huffington Post story here . The level of corruption has become absolute and there’s no reason – NONE – to believe that the leaders of the US, the leaders of various financial organizations or other neo-con institutions are ethically capable of doing the right […]

corruption disaster capitalism economics excited delirium financial crisis The Corporation US economy
November 14, 2008

Sinking Bear Stearns: An Exercise in Manipulation

For those interested in the history and roots of today’s financial crisis, this article offers some insights you may appreciate. I found the conclusion, following some discussion of the real reason why Eliot Spitzer was hung out to dry, particularly important: Like the Panic of 1907 that justified a “bankers’ bank” to prevent future runs, the collapse of Bear Stearns has been used to justify […]

economics tax issues US economy
November 14, 2008

Signs of What’s to Come?

This story was a little chilly in that it offered a glimpse of what may come in the US and possibly Canada as well. Now, the reality is that during the 30s and 40s, very few people were paying the top tax rate, but if it’s happened before, can the basics happen again? You tell me …

disaster capitalism economics financial crisis shock US economy
November 14, 2008

US to Lose AAA Rating?

Please note that any opinions related to this or other articles on this blog do not constitute financial advice. Any action that you take should be done so only with the advice and support of a financial planner or registered advisor. The US is about to lose its AAA financial rating . The thought ‘no shit’ is the first to come to mind.  These people […]