Category Archives: economy

Oligarchy, American Style

Posted on November 5, 2011 by Arlen Grossman

By Paul Krugman    November 3, 2011 Inequality is back in the news, largely thanks to Occupy Wall Street, but with an assist from the Congressional Budget Office. And you know what that means: It’s time to roll out the … Continue reading →

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Robert F. Kennedy: What Our Gross National Product Really Means

Posted on November 4, 2011 by Arlen Grossman

Speech by Robert F. Kennedy, March 18, 1968, University of Kansas (Excerpts)” “We will find neither national purpose nor personal satisfaction in a mere continuation of economic progress, in an endless amassing of worldly goods.We cannot measure national spirit by … Continue reading →

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Greece’s Choice — and Ours: Democracy or Finance?

Posted on November 2, 2011 by Arlen Grossman

By Robert Reich TUESDAY, NOVEMBER 1, 2011 Which do you trust more: democracy or financial markets? Greek Prime Minister George Papandreou decided in favor of democracy yesterday when he announced a national referendum on the draconian budget cuts Europe and … Continue reading →

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What is Occupy Wall Street All About?

Posted on November 2, 2011 by Arlen Grossman
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Get Out of Jail Cards for Wall St.

Posted on November 2, 2011 by Arlen Grossman

Did you ever wonder why nobody is getting prosecuted for the biggest white-collar crime in the history of the world–the worldwide financial collapse of 2007-2008? The answers have started to come out. One explanation involves a remarkably lenient  U.S. Department … Continue reading →

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How Rich Are the Top One Percent?

Posted on October 31, 2011 by Arlen Grossman

How Unequal We Are: The Top 5 Facts You Should Know About the Wealthiest One Percent of Americans By Zaid Jilani on Oct 3, 2011, at Think Progress Source: http://wearethe99percent.tumblr.com/ As the ongoing occupation of Wall Street by hundreds of protesters enters … Continue reading →

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The Painful Truth

Posted on October 29, 2011 by Arlen Grossman

America’s Exploding Pipe Dream October 28, 2011   The New York Times By CHARLES M. BLOW We are slowly — and painfully — being forced to realize that we are no longer the America of our imaginations. Our greatness was not … Continue reading →

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How Stable Is the Economy, Really?

Posted on October 29, 2011 by Arlen Grossman

Americans: Awash In Spin by Paul Craig Roberts A former U.S.Treasury official weighs in……. Facts Don’t Count… I have come to the conclusion that Big Brother’s subjects in George Orwell’s 1984 are better informed than Americans. Americans have no idea why they … Continue reading →

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At Least Some People Are Doing Well

Posted on October 25, 2011 by Arlen Grossman

American Hedge Fund Assets = $1.4 Trillion By Barry Ritholtz – October 11th, 2011                                                     … Continue reading →

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Wall Street Tells Michael Moore: Go Away

Posted on October 25, 2011 by Arlen Grossman

Michael Moore is not welcome in the NY Stock Exchange:

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