Category Archives: Worse than the Great Depression

The Fire This Time

You might remember that James Baldwin book from the sixties – The Fire Next Time – where the title comes from the old spiritual Mary Don’t You Weep – “God gave Noah the rainbow sign, no more water, the fire … Continue reading

Posted in Class Warfare, Herman Cain, Occupy Wall Street, Worse than the Great Depression | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

On Being Told Things Are Worse Than You Ever Imagined

It was the usual Saturday morning call from the friend who used to work on Wall Street and doesn’t anymore – that’s happened to a lot of people – and, after chat about friends and family and music and photography, … Continue reading

Posted in AIG Bailout, AIG Bonus Scandal, Credit Default Swaps, Economic Confidence, Economic Fear and Panic, Financial Meltdown, Geithner's Toxic-Asset Action Plan, Saving the Banks, Toxic-Assets, Worse than the Great Depression | Leave a comment