Skip to main content

People in card houses shouldn't cheat

If you want to understand what is actually happening with the US economy go to the Agonist. There are three very good articles by people that are far more educated about economics than most of us are. The first by Stirling Newberry titled Rattling Apart:Captain Carnage and the Bear provides an great explanation of the Bear Sterns bail out, the role played by Bernanke and what the US Fed will likely do now. A shorter article by Ian Welsh, titled The Important Thing in a Bailout which besides somewhat contradicting Krugman (thank you very much) also focusses on why regulation needs to be re-instated in the US. And lastly Sean-Paul-Kelly, their Editor at Large has many short pieces poking sticks in eyes and speaking for many of us.
This falling "Made in America" house of cards will have an affect on all us. You might as well try to figure out what is actually happening from people who know what they are talking about. Our corporate owned media (CTV, Global and their related newspapers) won't tell you and by the time the CBC does a great piece it will be too late. Go to the Agonist.


Popular posts from this blog

Election close call, Omar, Bob and move over Warren

Wow that was a close one:
With the NDP leading in the polls at the beginning of September, I started to prepare myself, for the very first time in my life, to vote for the NDP. Mulcair looked good enough for me, with some of the best lines about Harper's Government during most of his interviews, except that he would always add the phrase, "just like the liberals" to the end of it and I thought, if I'm one of those Harper hating, Liberal voters that you probably need to vote for you, why the hell are you insulting me with this partisan bullshit.


That is the number of Syrian refuges that the Harper government has brought into Canada.

From the Globe and Mail:
However, the government is facing criticism because 2,374 Syrian refugees have so far been settled. Of that number, only 622 - or 26 percent - were assisted by the government. The others were privately sponsored by individuals or non-government. The others were privately sponsored by individuals or non-government organizations. The NDP argues that in addition to private sponsors, the government should immediately accept 10,000 Syrian refugees. Liberal leader Justin Trudeau said the target should be 25,000 government-sponsored refugees, which he estimates would cost Ottawa $100-million.In other words the Harper government that banters around the 10,000 plus refugee number has brought in 622 refugees or about 170 families.

The other 2,352 so called refugees that Harper has allowed to emigrate to Canada consist of wealthy Syrian Christians who paid their own way in, hightailing …

Surprising how some tunes are just timeless