Category: US economy

disaster capitalism economics financial crisis The Corporation US economy
January 31, 2009

Just the EARLY Stages of Financial Collapse

Hi folks, For those of you in the crowd who are MA in Economics, I’ll remind you that we’re just at the beginning of financial collapse.  Shoving your finger, gloves, basketballs, bumpers, old tires, bins full of clothes from Goodwill and even elephants won’t stop the damn from breaking. I know … it’s a little gloomy, but I don’t feel like I’m being alarmist AT […]

disaster capitalism economics financial crisis US economy
January 31, 2009

World Debt

I know I’m a little stale with posting comment on this article (I’m trying to catch up on a number of things, blogging being one of them), but I still wanted to post this for the community that follow Excited Delirium. I’m a visual person and I found this graphic (warning:  PDF) and summary of creditors and debtors to be the most compelling piece of […]

economics Politics The Corporation US economy
January 20, 2009

Who Needs a Draft?

I’ve argued for a while that the notion of a draft in the US is illogical for two reasons: It would generate unwanted competition to the $900 per day private contractors such as Blackwater There’s no need for a draft when people are unemployed. Unfortunately, I’m proven correct on the second reason, as can be seen with this NYT article . As massive waves of […]

Canada disaster capitalism economics environment financial crisis hydrogen net neutrality oil Politics tar sands tax issues The Corporation US economy
January 18, 2009

Rex Murphy: Where to Spend?

Rex Murphy, host of the national CBC show called "Cross Country Checkup", is asking Canadians tonight where they should spend their money. You can all hang up.  I have the top 10 answers. Stop spending any more money on fossil fuels or things that burn fossil fuels.  It’s stupid. Understand that we have an opportunity to institute structural change:  invest in green and invest lots.  […]

disaster capitalism economics excited delirium Politics tax issues The Corporation US economy
January 17, 2009

Bailouts Filling a Bottomless Pit?

Financial bailouts are doing nothing to remedy a global economy that is facing a structural reckoning. As evidenced by the Government Accounting Office (GAO) of the United States, massive amounts of the bailout funds are simply being funnelled to offshore locations. Full story here . One day, people will wake up and say "why are we giving more money to the people who are creating […]