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Monthly Archives: October 2010
Poverty In Suburbs Increasing Rapidly
BY HOPE YEN Huffington Post WASHINGTON — The American suburb is no longer a refuge from poverty in cities. A pair of analyses by the nonprofit Brookings Institution paints a bleak economic picture for the 100 largest metropolitan areas over … Continue reading
Posted in CAPITALISM, ECONOMY, EMPLOYMENT, GOVERNMENT, POLICY, RESOURCES
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The Fed’s New Bubble (Masquerading as a Jobs Program)
BY ROBERT REICH The Huffington Post The latest jobs bill coming out of Washington isn’t really a bill at all. It’s the Fed’s attempt to keep long-term interest rates low by pumping even more money into the economy (“quantitative easing” … Continue reading
Posted in CAPITALISM, ECONOMY, EMPLOYMENT, GOVERNMENT, POLICY, RESOURCES
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The Mortgage Morass
By PAUL KRUGMAN The New York Times American officials used to lecture other countries about their economic failings and tell them that they needed to emulate the U.S. model. The Asian financial crisis of the late 1990s, in particular, led … Continue reading
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Is Free Thinking A Mental Illness?
OFF THE GRID NEWS Is nonconformity and freethinking a mental illness? According to the newest addition of the DSM-IV (Diagnostic and Statistical Manual of Mental Disorders), it certainly is. The manual identifies a new mental illness called “oppositional defiant disorder” … Continue reading
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Banks seize 288,000 homes in third quarter, but challenges await
By ALEX VEIGA, AP Real Estate Writer LOS ANGELES – Lenders seized more U.S. homes this summer than in any three-month stretch since the housing market began to bust in 2006. But many of the foreclosures may be challenged in … Continue reading
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McDonald’s 4 Year Old Cheeseburger Video
The Web is abuzz today over New York artist Sally Davies’ 180-DAY-old Happy Meal. However, check out this 4-YEAR-old Happy Meal!!!:
Posted in CAPITALISM, CONSUMERISM
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Ilaje women shut down Chevron headquarters
(Per Laura Livotti, Director of Justice In Nigeria Now, the women are from the same ethnic group that took over the Parabe Platform in 1998 and were shot by the Nigerian military in the pay of Chevron—which led to the … Continue reading
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The Simpsons, Banksy, and Sweatshop toys
Was it Groucho or Harpo who said the last capitalist will sell you the rope you will hang him with?
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Massive Investigation Into Deceptive Foreclosure Practices
by Shahien Nasiripour Huffington Post Lawyers Peter Ticktin, left, and Josh Bleil, right, are shown with depositions from 150 robo-signers, alleging that the court documents reveal an industry-wide banking scheme to defraud homeowners, in Deerfield Beach, Fla. Tuesday, Oct. 12, … Continue reading
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Fat Race: Last year’s jeans won’t fit? Blame the free market.
BY JOSHUA E. KEATING Foreign Policy Along with iPods and Hollywood blockbusters, another American trend is sweeping the world: corpulence. As countries grow wealthier, they’re also growing fatter. In China, the obesity rate is increasing by about 40 percent every … Continue reading
Posted in CAPITALISM, CONSUMERISM, ECONOMY, EMPLOYMENT, GOVERNMENT, POLICY
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