Tag Archives: subprime mortgage crisis

Matt Taibbi on Bank of America

A recent blog post by Rolling Stone’s Matt Taibbi on new troubles at Bank of America led me to this recent footage of the reporter, in New York City’s Bryant Park, explaining, in simple English, how the derivatives traders at Bank of America had essentially sold oregano to the people of America, telling them that […]

Posted in Economics, Politics | Also tagged , , , , , , | 3 Comments

“The Super Committee failed: We have a solution…”

Yesterday, a group of people associated with the Occupy group in Washington, D.C. took out a full page ad in the San Francisco Chronicle, declaring that, as the Deficit Reduction Super Committee had failed, they had some ideas to offer as to how we might create jobs, reduce the wealth divide and control spending. Their […]

Posted in Economics, Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , | 10 Comments

All the Devils are Here

I’m going to lay in bed and watch The Wire tonight. It’s not nearly as fun, but, if you’re looking for something to watch, here’s video of Jon Stewart interviewing the authors of the new book All the Devils Are Here: The Hidden History of the Financial Crisis. I’m not incredibly knowledgeable when it comes […]

Posted in Corporate Crime, Economics | Also tagged , , , , , , , , , , , , , , , , | 5 Comments

Job growth and tax cuts under Obama, and the inability to acknowledge either

I’m curious to know if there’s anyone out there who doesn’t buy this, and, if so, why not. My sense is that some will say it’s unfair to lay the massive job losses that began in January 2007 at the feet of Bush, pointing to the fact that Congress was in the hands of the […]

Posted in Economics, Media, Other, Politics | Also tagged , , , , , , , , , , , , , , , , , , | 22 Comments

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