Category Archives: Like the Great Depression

Intelligent Pessimism and Reasonable Hope

Some of us are natural pessimists. As mentioned before, those of us of Czech descent are fine with Kafka, born in Prague and writing there, and famous for those absurdist things he wrote – The Metamorphosis (1915), where a fellow … Continue reading

Posted in CNBC, Cynical Realism, Depression or Recession, Economic Issues, Economic Reporting, Financial Meltdown, Intelligent Pessimism, Like the Great Depression, Reasonable Hope, Reporters as Cheerleaders, The Czech Attitude | Leave a 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