Category Archives: recession

Wall Street protest 9/17/11 – 9/24/11

Posted on September 23, 2011 by admin

Wall Street Protest, including police arrests, September 22, 2011 www.youtube.com This video shows a protest on Wall Street Thursday, September 22, 2011, includin… You Can Protest Anything! Occupy Wall Street www.youtube.com ‎”What a wonderful country, right? Free speech, the right … Continue reading →

Posted in banks, Financial crisis, plutocracy, recession, Wall Street | Leave a comment

Michele Bachmann’s numerous earmark requests for stimulus spending

Posted on August 11, 2011 by admin

Michele Bachmann Repeatedly Sought Stimulus, EPA, Other Government Funds www.huffingtonpost.com With Reporting By Jason Cherkis WASHINGTON — Few candidates in the Republican presidential primary field have decried the federal government with as much gusto as Rep. Michele Bachmann (R-Minn.). On … Continue reading →

Posted in earmark, economy, rachel maddow, recession, stimulus | Leave a comment

Economy is bad; Criticism of Obama from the Left – debt ceiling

Posted on August 7, 2011 by admin

MCFEATTERS: Has President Obama become irrelevant? » He has caved too many times digg.com President Barack Obama has now caved to shortsightedness three times: He reluctantly agreed to extend the Bush-era tax cuts for the well-to-do last December; an hour … Continue reading →

Posted in 2012 election, afghanistan, debt ceiling, economy, national debt, obama, recession | Leave a comment

The Great Recession – high unemployment, high gas prices

Posted on August 4, 2011 by admin

How the Bursting of the Consumer Bubble Continues to Hold the Economy Back www.nytimes.com We are living through a tremendous bust. It isn’t simply a housing bust. It’s a fizzling of the great consumer bubble that was decades in the … Continue reading →

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Bloomberg: We must raised taxes, AND cut spending

Posted on July 31, 2011 by admin

Bloomberg on Debt: Cuts Alone Not Enough abcnews.go.com New York City Mayor Michael Bloomberg believes a U.S. default on its debt obligations would be a “seismic event” that would damage “America’s word” and its status as a dependable financial standard. … Continue reading →

Posted in boehner, budget, Congress, debt ceiling, recession, taxes | Leave a comment

PEAK OIL: US oil peaked in 1971, World peaked in 2006

Posted on June 9, 2011 by admin

Drill Baby, Drill? Peak Oil 1971 – USA running out of OIL – PT 1 www.youtube.com Excellent speech given by Rep. Roscoe Bartlett on the floor of the House of Representatives, May 2011 Hubbert peak theory – Wikipedia – May … Continue reading →

Posted in alternative energy, economy, energy, gas, gasoline, global warming, hubberts peak, hyman rickover, oil, peak oil, recession | Tagged , , , , , , , , , , | Leave a comment

Developements on Wall Street

Posted on May 13, 2011 by admin

The People vs. Goldman Sachs | Rolling Stone Politics www.rollingstone.com They weren’t murderers or anything; they had merely stolen more money than most people can rationally conceive of, from their own customers, in a few Credit Rating Agencies Scandal: massaging … Continue reading →

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Report on Financial Crisis released by Senators Levin and Coburn

Posted on May 5, 2011 by admin

Financial Crisis Report – C-SPAN Video Library www.c-spanvideo.org Senator Carl Levin(D-MI) and Senator Tom Coburn (R-OK) spoke to reporters and answered questions about a report on the causes of the 2008 financial crisis and recommend additional changes to financial laws. … Continue reading →

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