Category: The Corporation

Canada disaster capitalism economics Politics shock The Corporation US economy
October 11, 2008

Socialism for Bankers, Capitalism for the Rest of Us

The financial crisis is what Naomi Klein calls ‘cry-baby capitalism’.  Things are not going as planned.  We need help. But don’t both helping those who really need it. This story offers a nice summary of some thoughts I’ve had recently about the series of bailouts, including those in Canada. Because it’s listed under the author, which means it may be pushed to the bottom next […]

BASH bloggers against stephen harper Canada canadian election disaster capitalism Politics Steve The Corporation US economy
October 11, 2008

Canadian Election: Harper Twists, Turns and Finally Admits Defeat

Stephen Harper and Jim Flaherty were both adamant about the fact that the Canadian government didn’t need to take action in the wake of the financial crisis. They didn’t need to spend money on the automobile industry either. But they did.  In both cases.  At the 11th hour.  Financial story here . Throughout the election, these two characters have repeatedly accused the opposition parties of […]

Canada economics Politics shock The Corporation US economy
October 10, 2008

Why this weekend’s financial summit should be held at the UN

The financial crisis is about to be solved by seven people.  7.  And the IMF.  Yay. Finance ministers from the G7 (I guess Russia is completely out of the picture now) will meet this weekend and into next week to sit around, pick their noses, maybe play a little backgammon and find new ways to screw their taxpayers.  It’s unlikely that they’ll find a solution […]

corruption disaster capitalism economics Politics shock The Corporation US economy
October 10, 2008

Futher Exploration of the Financial Bailout

People keep asking how and why the financial is happening.  With running commentary from progressive Democrat Dennis Kucinich, Chris Hedges explores the financial crisis in layman’s detail . Basically, Americans got screwed.  The bailout package represents the greatest shift of wealth upwards that the world will ever see and few, if any, pennies will be spent on the 10 or so million Americans that are […]