Author Archives: Arlen Grossman

Perpetual Ponzi Scheme

Posted on January 12, 2013 by Arlen Grossman

SECRETS AND LIES OF THE BAILOUT The federal rescue of Wall Street didn’t fix the economy – it created a permanent bailout state based on a Ponzi-like confidence scheme. And the worst may be yet to come By Matt Taibbi/ … Continue reading →

Posted in Barack Obama, Economics, economy, finance, government, inequality, taxes, Wall Street | Tagged $700 billion, bailout, Ben Bernanke, Citigroup, Goldman Sachs, HAMP, Hank Paulson, Larry Summers, Matt Taibbi, Ponzi scheme, Rolling Stone, TARP, Tim Geithner | Leave a comment

Has Washington Souled Out?

Posted on January 11, 2013 by Arlen Grossman

THE SOUL OF AMERICA By Bernie Sanders/ Huffington Post/ January 9, 2013 Despite such terminology as “fiscal cliff” and “debt ceiling,” the great debate taking place in Washington now has relatively little to do with financial issues. It is all … Continue reading →

Posted in Democratic Party, Economics, economy, employment, government, inequality, labor, philosophy, politics, poverty, Republican Party, taxes, trade, Wall Street | Tagged Bernie Sanders, debt ceiling, fiscal cliff, Huffington Post, John Darko, The Soul of America | 2 Comments

Freethinking Founding Father

Posted on January 10, 2013 by Arlen Grossman

BPR Quote of the Day:

Posted in philosophy, religion | Tagged freethinker, I never submitted the whole system of my opinions, political party, Thomas Jefferson | 2 Comments

Chutzpah Squared (Satire)

Posted on January 9, 2013 by Arlen Grossman

A LETTER FROM A.I.G. By Andy Borowitz/ The New Yorker/ January 8, 2013 NEW YORK (The Borowitz Report) – Today, American International Group (A.I.G.) issued the following letter to American taxpayers.Dear American Taxpayers:In 2008, you paid for a bailout of A.I.G. … Continue reading →

Posted in Economics, economy, finance, humor, political humor | Tagged AIG, AIG bailout, Andy Borowitz, chutzpah, The Borowitz Report, the New Yorker | 1 Comment

Destroying the Village: Then and Now

Posted on January 8, 2013 by Arlen Grossman

BPR Quotes of the Day: Japanfocus.org Vietnam War: “We had to destroy the village in order to save it.” –Quote reportedly attributed to an American military officer by journalist Peter Arnett. ICJ Project Climate Change: “We had to destroy the … Continue reading →