Category Archives: Blame for Economic Crisis

Only in the Abstract

It spite of the fact that the economic social theories that sound nifty never just never seem to work out – like communism, which appealed to half the world for a good part of a century – we do like … Continue reading

Posted in Blame for Economic Crisis, Capitalism's Inherent Flaws | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

Been Down So Long It Looks Like Up To Me

Sometimes good days are hard to manage – you don’t know what to make of them. You’re suspicious. Been Down So Long It Looks Like Up To Me – the famous novel by Richard Fariña – had a great title … Continue reading

Posted in Bank Bailouts, Blame for Economic Crisis, Capitalism Disappearing, Causes of Financial Meltdown, Class Warfare, Economic Confidence, Financial Meltdown, Geithner Plan to Rescue the Financial System, Geithner's Toxic-Asset Action Plan, Major Banks Actually Insolvent, Major Market Rally, Managing America's Anger, Nationalizing the Banks, Populist Rage, Timothy Geithner, Toxic-Assets | 1 Comment

Out of Control

As this extraordinary year ends you get news stories like this:   Investors are preparing to close out the last three trading days of 2008, a year in which Wall Street has logged its worst performance since Herbert Hoover was … Continue reading

Posted in 1873, Accepting Ambiguity, Arguing with Conservatives, Blame for Economic Crisis, Bush Legacy Project, Condoleezza Rice, Conservative Thought, Economic Meltdown, Ed Yong anf Not Exactly Rocket Science, FDR and the New Deal, Feelings of Control and Delusion, Financial Meltdown, Hoover Again, Like the Great Depression, Republican Delusions | Leave a comment

The Fallacy of Misplaced Concreteness

You never get far with philosophy jokes. No one gets them. Out here in Los Angeles, whenever they were building a new freeway – they used to do that before the state ran out of money – there’d be all … Continue reading

Posted in Blame for Economic Crisis, Bush - Lame Duck, Bush's Personality, Economic Meltdown, Fallacy of Misplaced Concreteness, Financial Meltdown, Like the Great Depression, Sure but Quite Wrong, The G20 Summit | 1 Comment