Three Thoughts on the Greek Debt Crisis

1. Just wondering. If the Greek people are being asked to make extraordinary sacrifices to resolve a crisis largely not of their own making (see here, for example, on the mythology surrounding the Greek debt crisis, which — dare I say it — has a lot of vaguely racist shite about lazy southern Europeans), is ...

Dead Wild Roses: Some Americans DO have a clue and are running for Public Office.

I would vote for Elizabeth Warren if I could, but I cannot.  What I can do is help spread her rational message to the rest of my readership, a good percentage being American.  Consider this your partisan announcement from Canada for the day.   Filed under: Politics Tagged: Debt Crisis, Elizabeth Warren, Fair Taxation, Politcal ...

RedBedHead: Harper-nomics Is Recipe For Global Depression & Trade Wars

I feel like I’m repeating myself, having just written that the global crisis is not a crisis of debt but, rather, that the debt is a symptom of the long term decline in the rate of profit. Now, I read Stephen Harper and British Tory Prime Minister David Cameron blathering on about how “This is ...

Red Tory v.3.0.3: Paul Martin on the Economy

Some sober reflections on the present state of the global economy by the former Prime Minister. Not a lot of insight beyond the obvious, but Martin does provide some sound advice regarding the current sovereign debt crisis in Europe (that he correctly surmises would be politically untenable). As for the inevitable “what would you do ...

Dead Wild Roses: US Debt – The Shock Therapy Begins

SAP now coming to the USA The US debt crisis is being oversimplified.  The message we here is we cannot pay our debts and therefore we need balance our spending and balance the budget.  Average people can understand that – but here is what has been done so far to combat debt via Whatever Works ...

LeDaro: Jimmy Fallon And Brian Williams on The Debt Crisis

It is absolutely hilarious. Enjoy!