reaganomics | the

Woman Gets Jail For Food-Stamp Fraud; Wall Street Fraudsters Get Bailouts

nebris wrote in the_recession Nov 20, 2011 12:32

Find the original here: http://www.rollingstone.com/politics/blogs/taibblog/woman-gets-jail-for-food-stamp-fraud-wall-street-fraudsters-get-bailouts-20111117#ixzz1eGGxvnmeRead more... )

matt taibbi, banking sector, food shortages, 'capitalism', social safety nets, global financial trainwreck of 2007-?, reaganomics, class war, mississippi, ayn rand, income inequality, bailouts, poverty

No One is "Entitled" to Anything, but that's not the point ...

skyroom80 wrote in the_recession Nov 04, 2011 23:26

A great article I read in Newsweek, You Say You Want a Revolution,, compares the Tea Party to Occupy Wall Street in that both extremes are shouting their disenfranchisement with government and demanding a reckoning. I disagree that Tea Partyists have any kind of workable answer but, yes, even I can realize that two such divergent groups have ( Read more... )

societal breakdown, reaganomics, socialism, taxes, benefits, bailouts

Welcome To Corporate America

nebris wrote in the_recession Oct 21, 2011 22:14

Farmers struggling to find workers
By Chris in Paris on 10/21/2011 09:55:00 PM
http://www.americablog.com/2011/10/farmers-struggling-to-find-workers.html

So there are actual consequences to the excessive immigration policies. Go figure " ( Read more... )

societal breakdown, tea party politics, economic courses, corporate earnings, crime, 'capitalism', immigration, global financial trainwreck of 2007-?, reaganomics, class war, 50 state slump, 52 week lows

Brought to you by the people who occupy wall street.

nebris wrote in the_recession Oct 01, 2011 21:14

http://wearethe99percent.tumblr.com/Read more... )

societal breakdown, food shortages, healthcare, austerity measures, global financial trainwreck of 2007-?, reaganomics, homelessness, corporate profits, 52 week lows, bailouts, libertarianism, unemployment, 'capitalism', class war, 50 state slump, civil unrest, ayn rand, 2012 presidential election

An Excerpt From "The Other September 11"

nebris wrote in the_recession Sep 13, 2011 22:55

"I distinctly recall the Chilean coup of September 11, 1973 very clearly. I was attending a graduate economics course at Harvard University that was taught by a protégé of the University of Chicago’s Professor Milton Friedman. One of my fellow students was Sebastian Pinera, a member of one of Chile’s oldest families, a future billionaire owner ( Read more... )

revolutions, economic policy, tea party politics, macroeconomics, socialism, 'capitalism', austerity measures, reaganomics, class war, milton freidman

Tea party crowd about sick man without insurance: "Let him die"

nebris wrote in the_recession Sep 12, 2011 22:46

Click to view

The largest audience cheers in the Republican presidential debate came when Wolf Blitzer asked Ron Paul whether he wanted an uninsured 30 year old with a treatable disease to die because he didn't have health insurance. You can hear the crowd shout, "let him die." healthcare, reaganomics, corporate profits, income inequality, libertarianism, tea party politics, gop, ron paul, wtf, social safety nets, 'capitalism', washington, class war, starve the beast, ayn rand, 2012 presidential election

The secret history of America's unemployed

nebris wrote in the_recession Sep 12, 2011 07:58

from Salon.com/War Room
Monday, Sep 12, 2011 09:01 ET
By Steve Fraser, Joshua B. Freeman
( A demobilized workforce has become the norm. Can the swelling number of jobless change that? )

history of recessions, unions, austerity measures, global financial trainwreck of 2007-?, reaganomics, homelessness, corporate profits, keynesianism, 52 week lows, income inequality, poverty, banking sector, unemployment, gop, the great depression, panics, franklin d. roosevelt, 'capitalism', social safety nets, class war, washington, 50 state slump, civil unrest, ayn rand

The Fifth Stage of Grief for the Middle Class Way of Life

nebris wrote in the_recession Sep 04, 2011 10:54

From The Infamous Brad [the comments there are quite informative as well]

Denial: Yes, I know that they're breaking the unions, and laying people off left and right. But we're the strongest, smartest, most productive people on earth! Our way of life will survive, it has to! Anger: They can't get away with this! Take to the streets! Bargaining: ( Read more... )

societal breakdown, government spending, healthcare, austerity measures, global financial trainwreck of 2007-?, reaganomics, homelessness, corporate profits, 52 week lows, income inequality, poverty, economic collapse, unemployment, social safety nets, 'capitalism', survivalism, living within one's means, class war, 50 state slump

Steal This Icon

nebris wrote in the_recession Aug 27, 2011 09:09

Michele Bachmann Would Consider Lowering Minimum Wage To Match The Cost Of Labor Overseas

I have be saying for a while that no matter how badly Obama fucks up, whomever emerges from the GOP primaries will be so fucking batshit they'll terrify the electorate into re-electing him.

libertarianism, tea party politics, outsourcing, gop, file under "duh!", barack obama, global financial trainwreck of 2007-?, reaganomics, income inequality, 2012 presidential election

$2 of every $3 in income growth from 2002-2007 went to the upper 1%

nebris wrote in the_recession Aug 26, 2011 03:04

by Gaius Publius on 8/25/2011 08:21:00 PM

That's an amazing stat - again, $2 of every $3 gained between the last two crashes went to the upper 1% of the country.

Not the upper 10%; the upper 1%. (2002 is the bottom of the tech crash; 2007 is just pre-the bank crash.)

Another bad stat - In 1967, 97% of prime age men with only HS ( Read more... )

revolutions, societal breakdown, economic turning points, 'capitalism', global financial trainwreck of 2007-?, reaganomics, corporate profits, civil unrest, income inequality, fraud