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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

More About the (Ahem!) “Compassionate” Rethuglicans, Tea-baggers, & other Cons

By ck, on October 22nd, 2010

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I just caught the link to the frightening video below. Many of the still images are so reminiscent of images we see in old newspapers and history books of the sights of The Great Depression. In fact, only the fact that they’re in colour and that the scenery looks somewhat modern separates the . . . → Read More: More About the (Ahem!) “Compassionate” Rethuglicans, Tea-baggers, & other Cons

Tags: , , , , , , , , Tea-bagger north , , | Category: American Politics , Economics , malevolence , What's old is New again | Comments are closed | Recommend this at: | Trackback for this entry