Author Archive
Monday, August 25th, 2008
BEYOND THE DOG DAYS OF SUMMER: AFTER AUGUST, REALITY
BEYOND THE DOG DAYS OF SUMMER: AFTER AUGUST, REALITY
As Summer Ends, The Campaign Begins and The Challenge Remains
By Danny Schechter
Traditionally, time seems to slow down, I mean slooooow down, at summer’s end. The phone calls taper off along with the emails. We have now had endless gold medals and the Guns of August. Obama stirred […]
No Comments » - Posted in News by Sharon Kayser
Tuesday, August 19th, 2008
FINANCIAL SECTOR CRUMBLING
By Danny Schechter
Obama seems to have finally recognized that the economy is his issue. He lashed out at John McCain today for “not noticing” whats going on. Both candidates were criticized by NY Times columnist, economist Paul Krugman, for ignoring the issue. Meanwhile, the markets were crumbling as the real estate market remains in decline.
NEW […]
No Comments » - Posted in News by Sharon Kayser
Monday, August 11th, 2008
SYSTEMIC PARALYSIS
By Sharon Kayser
Usury, to be clear about it, is rich people taking advantage of poor people by lending them money on terms that are sure to make them fail - William Greid
It is often argued that times were a lot harder in the old days but this statement is far from true. Such an assumption […]
No Comments » - Posted in News by Sharon Kayser
Monday, August 11th, 2008
THE CREDIT CARD BUBBLE
Why Are We All Complicit in Our Own Economic Servitude?
By Danny Schechter
Let me try a few words out on you: “Charge It:,” “Swipe It” and “Priceless.” You know exactly what I am talking about. We all have credit and debit cards. We all use them, and many of us keep our lives going because of […]
No Comments » - Posted in News by Sharon Kayser
Wednesday, August 6th, 2008
A MASSIVE ECONOMIC FAILURE SEEMS POSSIBLE
Massive Economic Disaster Seems Possible — Will Survivalists Get the Last Laugh?
By Scott Thill,
July 26, 2008.
They used to be paranoid preparation nuts who built bomb shelters for a place to duck and cover during nuclear dustups with communist heathens, but their tangled roots go back to the Great Depression for a reason. If you want […]
No Comments » - Posted in News by Sharon Kayser
Tuesday, August 5th, 2008
DA NILE - MANY TUNING OUT THE ECONOMIC SQUEEZE
By Danny Schechter
New York, August 4: We have all heard the line, ‘DA NILE is not just a river in Egypt.’ Denial can be a pervasive social and political phenomenon. Some of us just don’t want to know the truth or face its consequences. Maybe that’s why we envelop ourselves in national myths to survive. […]
No Comments » - Posted in News by Sharon Kayser
Thursday, June 12th, 2008
B.I.S WARNS OF A GLOBAL GREAT DEPRESSION - AGAIN!
Central bank body warns of Great Depression
(08/09)The Bank for International Settlements (BIS), the organisation that fosters cooperation between central banks, has warned that the credit crisis could lead world economies into a crash on a scale not seen since the 1930s.
In its latest quarterly report, the body points out that the Great Depression of the […]
No Comments » - Posted in News by Sharon Kayser
Monday, June 9th, 2008
NEEDED: A NATIONAL CONFERENCE ON ECONOMIC REFORM
By Danny Schechter.
Where Are Progressive Voices On The Economic Crisis Wrecking America?
Boston, MA: The media reform conference was just starting in Minneapolis
when word bounded in from New York that the market dropped 394 points as
oil prices rose and, to borrow an Iraq war word, unemployment “surged.”
The number of unemployed people grew by 861,000 in May […]
No Comments » - Posted in News by Sharon Kayser
Wednesday, May 28th, 2008
DEBT AS A TOOL FOR CONTROL
Debt is control only when it is collectible. If the debtor has the legal or other means to resist “repayment”, debt is meaningless.
I’ve been thinking of this story for quite some time. I wanted it to reflect on my stance and pursuit to help Humanity at my own level. Bad economics being a great source […]
No Comments » - Posted in News by Sharon Kayser
Thursday, May 15th, 2008
THE FRAUDS MARCHE ON
Oh what a tangled web of deception… This time, you will not believe what you read - alas it is all true!
Bernanke lunched with Wall Street before Bear rescue, a Bloomberg.com headline says.
… The luncheon at the New York Fed gave Bernanke a chance to hear from chiefs of some of the biggest U.S. financial […]
