Category: shock

October 11, 2008

Murray Dobbin: 6 Ways Harper is Wrecking Canada

Murray Dobbin of The Tyee, posted this article on rabble.ca about how Harper is ruining Canada. Here’s a snapshot summary, but please read the full article.  It’s worth it. Merging Canada with the US Eroding our infrastructure Destroying our surpluses Increasing risks by deregulating Giving in to big oil No planning for growth

October 11, 2008

Socialism for Bankers, Capitalism for the Rest of Us

The financial crisis is what Naomi Klein calls ‘cry-baby capitalism’.  Things are not going as planned.  We need help. But don’t both helping those who really need it. This story offers a nice summary of some thoughts I’ve had recently about the series of bailouts, including those in Canada. Because it’s listed under the author, which means it may be pushed to the bottom next […]

October 10, 2008

Why this weekend’s financial summit should be held at the UN

The financial crisis is about to be solved by seven people.  7.  And the IMF.  Yay. Finance ministers from the G7 (I guess Russia is completely out of the picture now) will meet this weekend and into next week to sit around, pick their noses, maybe play a little backgammon and find new ways to screw their taxpayers.  It’s unlikely that they’ll find a solution […]

October 10, 2008

Futher Exploration of the Financial Bailout

People keep asking how and why the financial is happening.  With running commentary from progressive Democrat Dennis Kucinich, Chris Hedges explores the financial crisis in layman’s detail . Basically, Americans got screwed.  The bailout package represents the greatest shift of wealth upwards that the world will ever see and few, if any, pennies will be spent on the 10 or so million Americans that are […]