Author: admin

Uncategorized
March 29, 2009

That’s No Angry Mob … It’s a Movement

More and more people are asking why we should be bailing out any corporation when we have legitimate processes for managing this:  Chapter 11 in the US and Insolvency in Canada . This story identifies how people are starting to band together , organize proper protests and offer significant opposition to what is happening in the US (and what should start happening in Canada as […]

Canada disaster capitalism economics financial crisis media Politics Steve
March 27, 2009

From Avaaz: Save the CBC

OK … let the petitioning and Facebook pages begin, but nothing’s going to change until we get rid of the Cons. Amid several beefs about this situation is the simple fact that the Cons (with the support of the Liberals) are spending billions of OUR DOLLARS on tax cuts and enriching the upper class, but when they promise to create jobs, this is how they […]

corruption disaster capitalism economics financial crisis Fraud Politics The Corporation US economy
March 26, 2009

The Big Takeover

I’ve been saying/thinking this for a bit, and I feel a little relief to see someone more ‘mainstream’ voice concerns about the level and intent of bailouts, the intended recipients and the ultimate point of capitalism. Yes, we’re at that moment where it’s now time to wonder if we’re entering a game-changing period era (not month, year or couple of days like the Cons might […]

Canada corruption disaster capitalism Politics Steve Uncategorized
March 25, 2009

Stop the Bailouts, Stop the Cuts

I was going to title this piece "Failure of CanWest = Failure of Conservatives = Failure of Capitalism", but that was too long.  And … given that the Cons are still in control of this country, the focus should instead be on the level of ripe corruption that is really annoying me. Before I go on, follow this link, express your ‘regrets’ with this call […]

disaster capitalism financial crisis Politics US economy
March 25, 2009

China Calls for New Reserve Currency

Original story here . In time, everyone will be calling for a more international approach to pricing everyting, including commodities, goods and services and maybe even US securities. This doesn’t bode well, of course, for the world’s largest printing press and the state of borrowing in the US. Potential outcomes:  a big drop in the value of the US currency on the global stage, a […]