Category: US economy

January 4, 2009

US in Depression

The Economist magazine has diagnosed that the US economy is in a depression , not a recession. While the throngs of journalists, publicists, politicians and other folks are loathe to confess that North America has entered the greatest recession on record, I commend the Economist for having the balls to finally show it like it is, even if they’re still very indirect about it. Now […]

December 28, 2008

Al Qaeda joins ranks of Peter Pan, Zeus

According to this official , there is no Al Qaeda.  The truth about the war on terror becomes more obvious:  identify who benefits and you identify who causes / caused the problems. "The truth is, there is no Islamic army or terrorist group called Al Qaida. And any informed intelligence officer knows this. But there is a propaganda campaign to make the public believe in […]

December 28, 2008

You Can’t Fight the Tsunami of Structural Change

Structural change is upon us.  Our leaders can’t fight it.  As they embarass themselves with bailout after bailout, they fail to stop and look at what’s happening around them. Structural change is an inherent decrease in demand for stuff we don’t want.  In fact, we don’t even think we need it any more, mainly because the tools of demand generation (mainstream publishers and marketing agencies) […]

December 20, 2008

Car Crazy

I’m getting sick of hearing about the plight of North American car companies. And now we’ve done it:  we’ve made a commitment to old-school, traditional businesses that speak nothing about the future that Canadians want.  Just today, Stephen Harper announced a bailout package for GM and Chrysler, something he could finally stomach after his lord and master George Bush did the same in the US. […]

November 26, 2008

Bill Moyers With Benjamin Barber on Consumerism

I’ve admired Bill Moyers since seeing his interview iwth Joseph Campbell a long, long time ago.  Since then, any time he comes up, he seems to come as being someone who’s not quite radical, but certainly someone who wants change in the progressive sense of the word. Anyways, I wanted to save this link for Buy Nothing Day (Friday, November 25), but have decided to […]