Category Archives: Economics

Tale of Two Fantasies

Posted on January 29, 2013 by Arlen Grossman

BPR Quote of the Day:

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Very Tilted Playing Field

Posted on January 29, 2013 by Arlen Grossman
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MOVE ON, NOTHING TO PROSECUTE HERE

Posted on January 25, 2013 by Arlen Grossman

The Untouchables: How the Obama administration protected Wall Street from prosecutions A new PBS Frontline report examines a profound failure of justice that should be causing serious social unrest By Glenn Greenwald/ The Guardian/ January 23, 2013       … Continue reading →

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That Was Easy

Posted on January 24, 2013 by Arlen Grossman

BPR Quote of the Day: “The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.” Alan Greenspan  (8-7-2011)

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How the Elite Rule

Posted on January 20, 2013 by Arlen Grossman
Posted in Economics, elections, finance, government, inequality, media, military, political poster, politics | Tagged , , , | Leave a comment

WHAT CRISIS? JUST PRINT MORE MONEY

Posted on January 17, 2013 by Arlen Grossman

No, The United States Will Not Go Into A Debt Crisis, Not Now, Not Ever By Pascal-Emmanuel Gobry/ Forbes/ October 19, 2012 (If you read the headline and thought “Well, yeah”–feel free to skip this post.) If there’s one article … Continue reading →

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Has Leon Gone Over to the Dark Side?

Posted on January 16, 2013 by Arlen Grossman

My Letter to the Editor in the Monterey County Herald today (Jan. 15): Residents of this area take great pride in our “homeboy,” Leon Panetta, currently President Obama’s Secretary of Defense. But I can’t help but cringe when the good secretary defends our bloated … Continue reading →

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Bygone Era

Posted on January 15, 2013 by Arlen Grossman
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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 →

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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 , , , , , | 2 Comments