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Tag Archives: Wall Street

Up or Down

© Matt Bors Remember times like now, when the stock market is bouncing all over the place for no real reason. Remember now the next time someone says that we have to change Social Security to save it. Like in 2005 when Dubya tried to privatize some or all of it by investing it in […]

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Lock, Stock Market, and Barrel

I hope everyone reading this blog also keeps up with Matt Taibbi, one of my heroes. Taibbi just published another article in Rolling Stone, pointing out once again (and with lots of facts) how our government is so completely owned by the banking industry. The article tells the ongoing story of a former manager at […]

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Will the Revolving Door hit Cantor in the Butt?

Used Tool Purchased for $1.8 Million [satire by Andy Borowitz] NEW YORK (The Borowitz Report)—A used tool that has been on the market for several months was purchased on Tuesday for the whopping price of $1.8 million. While it may not have set a new record, the sale price raised eyebrows, with many observers noting […]

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Hedge Fund Terrorists

© David Horsey [Notes about the comic by David Horsey] When are America’s leaders going to step up and protect us from the most threatening terrorists, hedge fund managers? Sure, some Islamist nutcase might be able to set off a bomb on a bus or in a building, but, horrific as that may be, the […]

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Irrational Exuberance?

© Matt Bors I don’t know why, but every time something financial keeps going up and up, despite there not being any particular reason for it doing so, I keep thinking that it is just another economic bubble about to burst. Have I really become that jaded? Or am I just one of the only […]

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Why All the Whining? I Like Things Just the Way They Are.

©Ben Sargent One of the reasons we, as a nation, can’t agree on the answers is we’re not even clear on the questions. Is the economy for the 1% or should it work for 100%? The Center for Communication and Civic Engagement at the University of Washington has an interesting project called “What’s the Economy […]

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Wall Street Trick (us) And Treat (themselves) 365 Days a Year

©Garrincha Another quote from P.J. O’Rourke: Economic history since the Industrial Revolution proves — be the rich however stinking rich — we ordinary people can make more of the good things in life. But we have to make them ourselves, with our knowledge, skills and hard work. Government can’t give us good things. Government doesn’t […]

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“Occupy Wall Street” can’t be anti-capitalist, because Wall Street isn’t capitalist

Think Progress points out that the mainstream media, including the Washington Post, Fox News, and others, are calling the protestors who are occupying Wall Street “anti-capitalist”. Even some progressives, like Alan Colmes and Gawker are referring to the protests as “anti-capitalist”. But this is clearly wrong. In fact, calling the protests “anti-capitalist” seems like it […]

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