Category unemployment
Worst stock market opening ever
I want to capture this moment, because (depending how things change), people might not have this on their radar screen a month or so from now. Remember, I warned you. The Stock Exchange lost over 5% of its value in the first week after New Year’s, and lost over 900 points. That makes this the […]
Meet the Percapitas! and why we’re facing extinction
This is a five year old article that addresses the crux of our problem in facing human extinction. It’s brilliantly executed by one Tim Murray, and brought to my attention by Gail Zawacki, who blogs away under the title At Wits End in New Jersey. This is how the piece starts: Hi there! We’re […]
Thank you, Donald Trump
I’ve noticed a big drop off in one sort of Facebook meme lately. Although lefty and progressive people are still posting funny videos of presidential candidate (and continued GOP front-runner) Donald Trump, these have been replaced in large part by serious, sober-sounding analysis of what to do if he becomes the GOP presidential candidate. Specifically, people […]
Signs of a Dying Society By Paul Buchheit
Originally posted on PROGRESSIVE ACTIVISTS VOICE:
November 24, 2015 “Information Clearing House” – While Edward Snowden and Chelsea Manning and John Kiriakou are vilified for revealing vital information about spying and bombing and torture, a man who conspiredwith Goldman Sachs to make billions of dollars on the planned failure of subprime mortgages was honored byNew…
Social Security in the cross-hairs for both parties
It’s that time once again to have the GOP threaten to shut down the government. We’ve run up against the debt ceiling and now need to have the ceiling moved up (something that used to pass without much notice during the W years). But the ‘Freedom Caucus’ is in charge and they’re anxious to risk […]
Not to root for Bernie…
The Democrats’ debate in Vegas on Tuesday was an interesting piece of TV. I’ve made my own feelings about the race known here. I’m energized by the presence of Bernie Sanders in the race, primarily because he’s saying things that no one else will say. And not to get too excited, but Bernie apparently won […]
93 million: an update
Since I seem to be in update mode, I thought I’d share this. I’ll try to keep things simple. Back in May I wrote that a count of adults unemployed or underemployed in the current economy indicated that there were some 93 million working age Americans who weren’t in the workforce in any reasonable way […]
Economic Free-fall mode
On Friday, the stock market (Wall Street and the rest of the world) was reeling after oil prices tanked to less than 50% of what they were in 2010. This after news that China’s stock market was kept afloat only after the central government rescued it. There’s lots of room left for markets to fall. […]
The Brooklyn Culture Jam 