I’ve often hinted, but seldom written of my belief that the GOP ideological strategy that remains within what’s left of the Reagan GOP is now devoted to literally courting an economic depression. This is...
This evening, Democrats in the House of Representatives passed H.R. 1, a fiscal stimulus and tax cut bill. With only 11 Democrats voting against the bill, Republicans – in a display of their likely...
The just released employment report of the Department of Labor Bureau of Labor Statistics (BLS) has begun, I believe, to at least mildly sedate those overly optimistic CNBC cheerleaders who keep braying that the...
I put together this video summary as a permanent goodbye to 2008, a rough year for economists, but a great year for Obama-ists! The Ramones I Wanna Be Sedated is the perfect summation of...
With credit cards on the outs these days, old-fashioned layaway plans are on a nostalgic comeback tour. Sears, Kmart, TJMAxx, and others are bringing back the layaway, usually charging a small fee and requiring...
Wage Wars. There’s a very fine essay at Down With Tyranny (DWT) discussing and roundly criticizing the growth of the distorted claim that auto workers, on average, make $70.00 per hour. As you can...
Today, former Federal Reserve Chairman Alan Greenspan, speaking for the laissez faire tribe, informed the House Financial Oversight Committee that “those of us who looked to the self-interest of financial institutions to protect shareholder’s...
With Halloween approaching, John McCain has unveiled yet another way to incite fear in his crowds: a possible Democratic House, Senate, and Presidency! Beeeee Scaaaaared. . . And truly, this vision pushes the wingnut’s...
Thanks to digby at Hullabaloo for reporting that Naomi Klein, author of the books The Shock Doctrine: The Rise of Disaster Capitalism and No Logo, spoke yesterday at the University of Chicago about the...
The red headed stepchild is that member of the family who is immediately obvious at family get togethers. Often given the most suspiciously lacking holiday present or the least raucous birthday party, he or...
