Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Thursday, March 26, 2009

A Brave New Oligarchy

Oligarchy is basically when the power of government rests with a small elite segment of society.  I can't help but think that's what we are seeing right here in the U.S.A.  Here is some suggested reading: Matt Taibbi from Rolling Stone describes how AIG, Citibank, Goldman-Sachs and friends got us into the financial meltdown we are hearing so much about.  Meanwhile Paul Craig Roberts over at Counterpunch explains how Obama and friends are probably getting it all wrong. IMHO, a healthy dose of socialism is probably in order right about now.  And some convictions.

Wednesday, December 3, 2008

The Obama Bummer

This is not a political blog, but sometimes I can't help myself.  I'll keep this short and sweet: it appears that all this "change" we heard about on the campaign trail is turning out to be more of the same.  From Obama's foreign policy appointees to his economic advisors, this gang looks a lot like the Clinton and Bush administrations. Don't get me wrong, I love the idea of Obama and all that he could represent, but I hate to admit this is pretty much what I expected.  Hope fizzles fast.