Give me that old time recession
“We let failing banks go bankrupt, Lord We didn’t bail out General Motors Give me that old time recession It’s good enough for me” Merle Hazard
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Tag recession
Thousands Of rusting ship hulls are a fitting tribute to the speculative market bubble
More of the ghost ships, anchored tankers hidden where they hope you won’t see them. Zero Hedge mashes up more data to track ships idled by the recession.
Bernanke says the recession is over
But maybe no one told him about The ghost fleet of the recession.
Doug Henwood interview by Christian Parenti
Henwood is an economist / author who regularly gets quoted on economic matters in Alan Ableson’s column in Barron’s and also runs the hard left LBO-Talk listserv. Excerpts from the interview in The Brooklyn Rail. Henwood: I didn’t expect a…
Is Goldman Sachs the root of all evil?
Matt Taibbi at Rolling Stone thinks so, saying Goldman helped create then profit from all the great bubbles. But Daniel Indiviglio at The Atlantic says otherwise. Goldman is a major player, but hardly the only one. But he then goes…