Tag Archives: finance

Breaking it Down: Industrial Capitalism vs. Financial Capitalism (or, Why We’re F*cked)

Michael Hudson asks: “In light of the enormous productivity gains since the end of World War II – and especially since 1980 – why isn’t everyone rich and enjoying the leisure economy that was promised?” The answer (per Hudson) is … Continue reading

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Another Stop Along the Road to Damascus

by matttbastard The pullquote from one of David Frum’s latest eviscerations of contemporary USian conservative folly, a meditative riff on Susan Sontag’s infamous “Were our enemies right?” speech, was making the rounds yesterday (eventually getting linked by the subject of Frum’s … Continue reading

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Adding Pikes and Tumbrils to the Populist Arsenal

by matttbastard Hilzoy sharpens her pitchfork (what? Hil so owns a pitchfork — and, from what I’ve heard, has quite the loverly garden) and pins the AIG bonus issue–and out-of-touch Wall Street execs—to the wall: [T]he real issue isn’t bonuses. … Continue reading

Posted in class, economics, economy, friends, politics, privilege, stupidity, US | Tagged , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Shoving a Jeroboam Straight Up David Brooks’ Backside

by matttbastard Jim Hightower has never let his pitchfork grow dull, as he shows in this merciless skewering of the latest idiotic bleat from token NY Times conservative columnist Bobo Brooks: There is a fury in the countryside toward these … Continue reading

Posted in class, culture, economics, economy, media, MSM, politics, rhetoric, stupidity, US, video | Tagged , , , , , , , , , , , , , , , , , , , , , | 1 Comment

New Challenges, New Opportunities

by matttbastard The most recent edition of openDemocracy’s 50/50 quarterly features an interview with Dr. Yakin Erturk, the United Nations Special Rapporteur on Violence against Women, on how the global economic crisis is affecting women.  Dr. Erturk also notes the … Continue reading

Posted in economics, economy, gender, government, human rights, UN | Tagged , , , , , , , , , , | 1 Comment

Stephen Harper on Canada’s Economy: Catch the Wave!

by matttbastard Uncle Steve is looking onward and upward: Faced with complaints he wasn’t doing enough to soothe a nervous nation, Harper offered a detailed, if unemotional, dissertation on the economy. “For Canada, this crisis does offer opportunity,” Harper told … Continue reading

Posted in Canada, Canadian politics, economics, economy, government, Harper, politics, right-wing, stupidity, video | Tagged , , , , , , , , , , , , , , , | 1 Comment

Losing the Forest Behind the Trees

by matttbastard Via Memeorandum, some of the other progressive bloggers highlighting McHenry’s statement seem to be primarily concerned with how the Dem0cratic leadership in Congress can use the GOP’s apparent lack of ‘discipline’ to partisan advantage. Yeah, um, so what … Continue reading

Posted in blog!blog!blog!, class, Congress, economics, economy, election, politics, Ranty McFuckyou, right-wing, stupidity, US | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

GOP Rep. Patrick McHenry: Sabotaging the Future is SOP

by matttbastard Greg Sargent notes that House Taliban lieutenant Rep. Patrick McHenry has finally given voice to the blatantly obvious motivation driving the GOP obstruction uber alles strategy: McHenry’s description is buried in this new article from National Journal (sub. … Continue reading

Posted in Democratic Party, Democrats, economics, economy, election, GOP, government, politics, right-wing, stupidity, US, video | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

A Round-about Way of Calling David Brooks, Roger Cohen, David Broder and Jay Leno Fatuous Assholes (Because They, um, ARE Fatuous Assholes)

by matttbastard DougJ hears something bubbling in the collective gullets of The Villagers: Brooks last week: But the Obama budget is more than just the sum of its parts. There is, entailed in it, a promiscuous unwillingness to set priorities … Continue reading

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651,000 US Jobs Lost in February; Unemployment Rate Now at 8.1%

by matttbastard Yep, it’s that time of the month again, kids: U.S. employers axed 651,000 jobs in February, pushing the unemployment rate to its highest in 25 years, as companies buckled under the strain of a recession that is showing … Continue reading

Posted in capitalism, class, economics, economy, GOP, politics, right-wing, stupidity, US | Tagged , , , , , , , , , , | 2 Comments