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What Have We Here? The IMF Admitting They Were Wrong About Austerity?

By ck, on June 13th, 2013

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Yes, boys ‘n’ girls,  This is amazing. I never believed this day would come.  It appears that the IMF has issued a Mea Culpa.

Late last Wednesday, the powerful International Monetary Fund (IMF), which led the Greek bailout three years ago, issued an extraordinary mea culpa, admitting it had underestimated the severity of . . . → Read More: What Have We Here? The IMF Admitting They Were Wrong About Austerity?

Tags: , , , | Category: Economics | 3 comments - (Comments are closed) | Recommend this at: | Trackback for this entry

Greeks & French Throw the Bums Out!

By ck, on May 6th, 2012

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More to the point, boys ‘n’ girls,  Greeks and French, as well as other Europeans have basically rejected austerity imposed by the Eurozone. They have started to see what economists like Paul Krugman and Joseph Stiglitz have known all along: austerity just doesn’t work.  After all this time, where is that confidence fairy? . . . → Read More: Greeks & French Throw the Bums Out!

Tags: , , , European fringe parties , , Francois Hollande , French elections 2012 , , , , | Category: Capitalism , Culture wars , Economics , malevolence | 2 comments - (Comments are closed) | Recommend this at: | Trackback for this entry

Austerity More Important Than Justice For Victims Of Conjugal Violence in Topeka, Kansas

By ck, on October 12th, 2011

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Is there nothing the Batshit crazy won’t stop at in the name of austerity? Here’s something that could warm the heart of Super Vic Toews.  According to a report from Daily Kos, it appears that Topeka Kansas, nor Shawnee County, can “afford” to prosecute perpetrators of domestic abuse.

The Topeka City Council on . . . → Read More: Austerity More Important Than Justice For Victims Of Conjugal Violence in Topeka, Kansas

Tags: , , | Category: American Politics , Economics , Health care , malevolence , Sexism , Stupidity , tough on crime , What's old is New again | Comments are closed | Recommend this at: | Trackback for this entry

Tea-Baggin’ Congressional Rep, Joe Walsh Believes in Austerity, All Right

By ck, on July 28th, 2011

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Including imposing it on  his own children.  Before I go into that, Let’s tune into some typical tea-baggin’ swill of his:

“I won’t place one more dollar of debt upon the backs of my kids and grandkids unless we structurally reform the way this town spends money!” Walsh says directly into the camera in . . . → Read More: Tea-Baggin’ Congressional Rep, Joe Walsh Believes in Austerity, All Right

Tags: , child support , Rep Joe Walsh , | Category: American Politics , Economics , malevolence , Stupidity | One comment - (Comments are closed) | Recommend this at: | Trackback for this entry

Once Again, Austerity For Thee But Not For Me

By ck, on June 28th, 2011

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Here’s another example of financial obscenity. This time, in Europe. Yes, it seems to much for the Eurozone to lead by example.

While Greece erupts in riots over spending cuts mandated by international banks, bureaucrats in Brussels are fretting about the lavish new headquarters they’re building for themselves.

With stunning insensitivity, details about . . . → Read More: Once Again, Austerity For Thee But Not For Me

Tags: , David Cameron , | Category: Economics , malevolence , Stupidity | Comments are closed | Recommend this at: | Trackback for this entry

US Budget Cuts Could Put Public Health At Risk

By ck, on April 4th, 2011

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This is actually not a CK original.  One of our American readers emailed me wishing to contribute here from time to time.  Nick Scott had emailed me an article about how far the Rethuglican budget cuts could go. In this case, go so far as to endanger public health. I will just let . . . → Read More: US Budget Cuts Could Put Public Health At Risk

Tags: , , , Lisa jackson , | Category: American Politics , Economics , Environmental Issues , Health care , malevolence , Stupidity | Comments are closed | Recommend this at: | Trackback for this entry