Economy
The Crisis at GM
Monday, November 17th, 2008Scores of people came out on town squares all across the country on Saturday to prostest California’s decision to revoke Proposition 8: the ballot measure that decided the fate of same-sex marriages in the state. While far less in number, the Sunday news shows featured a formidable procession of commentators addressing the current crisis at [...]
Why I’m Proud
Wednesday, August 27th, 2008.
Obama was just nominated as the presidential candidate for the Democratic party 2008.
As an American and as an African American I am proud, but mostly proud of the American voters who brought this about. Sure I’m proud of Barack Obama himself but he’s just done everything I expect of an extraordinarily committed, good and brilliant [...]
What did you do with your STIMULUS check?
Tuesday, August 5th, 2008You have to wonder where George Bush got the idea for the little blue check that was going to give the American economy a boost to make it through the next few months. We could only imagine the sophomoric jokes snaking through the White House as Bush’s advisers discussed their prescription for this jolt of [...]
David Walker’s appeal
Wednesday, July 16th, 2008He’s not the historic David Walker, but this man is making his own appeal to the policy makers to stop driving the economy into the ground. In a January 60 Minutes report that absolutely rings true still here in July, Walker, America’s top accountant freaks out about the “tsunami of spending” that is drowning us. [...]
Stealing gas in broad daylight
Thursday, July 10th, 2008In times of economic hardship crime goes up because people’s needs are not being met. So with a growing number of financial forces working against us, are we going to start to see more instances of desperate lawlessness? Will we start to behave like characters in some bad disaster movie? Among many other things this [...]
Obamanomics
Monday, June 30th, 2008This book, Obamanomics, by John R. Talbott comes out tomorrow. I got my hands on an advanced copy from my gig and read a good half so far, and most of what I’ve read is extremely informative. This author is an economist who apparently predicted the current housing collapse back in 2003 and wrote, fittingly, [...]