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Let Them Eat Carburetors |
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Written by test
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By Bill Gallagher DETROIT -- President George W. Bush, a man consistently wrong about matters of great importance, kept despair alive when he told us not to worry. Market forces, like manna from heaven, will feed and comfort the masses, struggling through the chaos and suffering cowboy capitalism has brought us. "I'm a market-oriented guy" Bush assured in a speech at the Manhattan Institute, a conservative think tank, last week, adding cautiously, "But not when I'm facing a global financial meltdown." Then, the always evangelizing president, got back on track with an ode to free markets. "The greatest threat to economic prosperity is not too little government involvement," he said. "It's too much government involvement in the market." That's a remarkable and ridiculous assessment since the absence of government involvement permitted the greedy hands on Wall Street to go crazy creating precarious sub prime, mortgage-based securities that enabled failures in the financial system. More, not less, government involvement might have prevented the painful mess. |
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BUSH AGGRESSION MADE LIFE IN IRAQ “UNBEARABLE” |
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Written by test
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 By Sherwood Ross President Bush’s attack on Iraq has made daily life there “unbearable” for most people, two prominent American financial authorities write. “Five years after the United States occupied Iraq with the stated goal of bringing democracy to its people, the war has essentially ruined the country’s economy, society, and sovereignty,” writes Nobel Prize-winner Joseph Stiglitz with Linda Bilmes in “The Three Trillion Dollar War(W.W. Norton).” Bilmes is a former CFO of the U.S. Commerce Department. “For most Iraqis, daily life has become unbearable---to the point that those who can afford to leave their country have done so,” Stiglitz and Bilmes say. An estimated two million have done just that, precipitating what the UN calls a “humanitarian crisis,” and two million more have remained in Iraq but have been displaced their homes. Many have had no choice but to run. The UN High Commissioner on Refugees said “thousands of the Iraqis are the victims of torture, sexual and gender-based violence, car bombings or other violent attacks and are in urgent need of medical care.” |
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Swords Into Plowshares |
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Written by test
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by Richard Sharp Government and corporate propaganda and deception have defined our "reality" well before Goebbels and his disciples, who would be just about anyone in power since the last world war. The persuaders of public opinion are out there in great numbers to convince us that "all is in hand." It's a "confidence game," in more ways than one. Fear and greed can sway opinion a lot easier and faster than common sense and caring for others. With regard to the disastrous "war on terror," it helps to have a complicit mainstream media, willing to scare the hell out of us daily. Not so regarding the financial meltdown we now face. Media reports of falling stock prices, bankruptcies, shut downs, canceled projects, job losses, etc. hurt our chances of recovery. Businesses cut back, consumers put off purchases, governments bail out but otherwise retrench and so on. We face two major frauds: one by government and the other by corporations(surprise). These are the institutions that run our lives and they've both screwed up, big-time. |
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Bush wants out of this job…Faster than a car at Nascar |
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Written by test
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By Mary MacElveen If you are like me, Inauguration Day cannot come fast enough as this country continues to sink in its financial morass and as its reported, one does not know where the bottom is. Speaking of this recession, blow-hard Rush Limbaugh tried to blame it on President-Elect Barack Obama. Nice try, Limbaugh, but it will not work. The economy is the number one reason why the Republican candidate John McCain lost in a landslide. I guess Limbaugh does not pay attention to electoral maps and the popular vote. This is where I do not see the genius of our founding fathers since they failed at realizing that in future elections an immediate transfer of power must come about especially if the public voted for it based upon the actions of its current president. I doubt they could have foreseen this financial crash: Then again, there was no stock market back in the good old days. |
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The Corporate Welfare State Reaches New Heights |
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Written by test
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by Richard Sharp
Employment is only a slightly upgraded form of serfdom. Just read Dilbert, probably the greatest business guru of all time. Corporate executives, in particular, can’t help themselves in a perpetual, four-fold quest against their own employees: 1) to squeeze every extra minute from our time at work, such as by extending it to our off-duty hours and homes, 2) to make sure we adhere to their rules, kind of like robots, 3) in fact, to replace us with robots and contract out even core activities, wherever possible and, for those of us left, 4) to cut our pay, benefits, union rights and any other workplace protections they never wanted to promise us in the first place. That’s what management does. Increase production. Control labor costs. Unions are so “old school.” Part-time job anyone? Whoops, we’ve outsourced to China. |
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