Posts tagged ‘economy’

PDA-IL: Tim Bell of the Chicago Workers Cooperative on the exploitation of temp workers

by , posted on Tuesday, April 17th, 2012 at 7:50 pm

from PDA-IL

“Tim Bell of the Chicago Workers Collaborative speaks to PDA IL members about the exploitation of temp workers and how the progressive community can reach out and support these workers in their fight for labor equality, justice and access to health care. Visit http://chicagoworkerscollaborative.org/

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David Holmgren: The Reverse of Globalization

by , posted on Tuesday, April 17th, 2012 at 1:59 pm

from The Nation and On The Earth Productions

“In this video from The Nation and On The Earth Productions, ecologist David Holmgren traces the path of permaculture from its roots in the 1970s to its potential, in the future, to reshape how humans interact with the planet. He explains how its premise—working with nature rather than against it—will help us adapt to and survive in a resource-scarce world.”

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Robert Reich Explains the Magic of Bain Capital’s Profits in 8 Easy Steps

by , posted on Wednesday, April 11th, 2012 at 1:06 pm

new video from MoveOn.org

robertreich.org

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Food for Thought: Naomi Klein on The Paradox of Crisis

by , posted on Friday, September 16th, 2011 at 4:56 pm

www.naomiklein.org

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WTF S&P? Shock Doctrine? Inside Job? Both?

by , posted on Monday, August 8th, 2011 at 12:48 pm

So today S&P downgraded the credit ratings of Freddie Mac and Fannie Mae, the mortgage giants which were taken over by the feds in 2008 after the mortgage disaster/scandal/swindling-of-American-homeowners-and-investors in which S&P was a co-conspirator. I realize some people are going to have a big problem with me describing S&P as a “co-conspirator” but hey, facts are facts: look it up.

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For the Troops: Some Good News, Some Very Bad

by , posted on Saturday, August 6th, 2011 at 6:38 pm

My son spent last year and part of this one deployed in eastern Afghanistan, so the loss of dozens of troops we’ve experienced today in eastern Afghanistan strikes me much more personally than it might have a couple of years ago. It also strikes me as tragic that it takes such a large mass of casualties for the mainstream media to care enough to give an Afghanistan or Iraq war story headline room; most days, despite the fact that we most likely lost a man or woman or several in one of these wars on that day, it’s hard to tell from the press that we are still at war in two countries. Throughout my son’s deployment I struggled every day, every single day, to come to terms with the fact that he might not come home alive, and every single day I failed to be able to get my head around that.

One day I would get news of several of his friends and fellow platoon members being wounded or killed, another I would hear about some incredibly dangerous situation he somehow miraculously escaped unscathed, on another I would learn of plans and dreams he just hoped he would be able to come home and put in motion and I would be in tears with the fear that he would never have that chance, and then on yet another day I would hear…nothing at all. And those silences were the most terrifying by far. It was a terrible year.

My heart grieves for these 31 soldiers who will not come home to live out their dreams. May their families and loved ones find peace and comfort. As I said, I was never able to get my head around how one could possibly ever find peace or comfort in these circumstances, but it is my fervent wish for them nevertheless.

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The Mediocre, The Bad, and The Ugly

by , posted on Friday, August 5th, 2011 at 9:00 pm

So this morning’s job report was better than expected, with the economy adding 117,000 jobs. So that’s good, right? Well, not really. More like mediocre. Among other things, we get to write off people who are so discouraged they just stopped looking, meaning there were actually less people working in July than in June. So that’s the mediocre.

The Bad is the downgrading of the country’s credit rating, courtesy of S&P. As a coworker of mine noted last week, when this was only a possibility, “If you’ve seen the movie Inside Job you’d kind of have to take any rating coming out of S&P with a grain of salt – okay maybe a truckload of salt – becuase how did those people put it when they were in the Congressional hearings? They said something like ‘It’s not like those ratings mean anything, it’s more like’…what’s the word I’m looking for here?”

“You mean ‘It’s more like they’re guidelines?'” I asked”

“Exactly!” she said. “Like Pirates of the Caribbean, which is fitting, since they are real, live 21st Century Pirates.”

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SO Glad We’ve Solved Our Economic Crisis

by , posted on Wednesday, August 3rd, 2011 at 12:26 pm

Really, I can’t thank those Tea Partiers enough for making all the right moves to ensure that we continue to push the Great Recession well along the way toward becoming the Greatest Depression.

Today we’ve learned that in the wake of the Debt Ceiling Deal of Doom being signed, sealed and delivered, the stock market continues an alarming slide and the Chinese have downgraded our credit rating. A special shout out to Enabler in Chief Barack Obama, for his exquisitly choreographed moves in response to the Economic Terrorists in Congress. But I want to reserve my most special shout out of all for local Illinois Economic Terrorists Randy Hultgren and Joe Walsh, because it’s just not easy for two freshmen congresscritters-turned-economic-terrorists to accomplish so much in such a short time. Helluva Job!

Damn. I just used the “j” word didn’t I? Sorry, so sorry. Forgot. We are all supposed to be pretending that there is no problem with one in ten Americans being unemployed by obsessively focusing on a deficit that could be much better handled if we just worked on getting them jobs. Damn. Did it again didn’t I?

Well, will just have to hope that Congress is so busy right now that they failed to notice someone worried about jobs. I think it’s more likely than not.

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Guy Walks Into an Army Recruiting Center

by , posted on Monday, August 1st, 2011 at 9:46 am

and says “where do I sign?” The sergeant on duty hands him a waiting list.

Joke?

No. Nothing funny about it.

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A Strange Game

by , posted on Sunday, July 31st, 2011 at 11:57 pm

Well, this has been an interesting cap on an interesting few weeks. I’ve spent most of this evening trying not to have a hyperbolic reaction to the Deal of Debt Ceiling Global Economic Doom, but, well, guess you can tell from the term I’ve applied to it that I’ve largely failed.

I’d have to say the most prevalent reaction to the Deal of Debt Ceiling Global Economic Doom I am seeing on lefty blogs tonight seems so hyperbolic on the face of it (We’re DOOMED) that I tried and tried to resist the impulse to say the same. But there it is. I think we might well be doomed.

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