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Archive of posts tagged economy

Someone Make the Movie

I’m not going to pretend that I understand what’s going on in Dubai in terms of debt and economic collapse, or what its relation is to the world’s economy. What I do know is that I’m picturing this Las Vegas of the Middle East, another strange desert creation out of nothing, as a ghost town. [...]

An Appropriate 10th Anniversary Celebration?

Well, the Huffington Post reminded me that today is the 10th anniversary of the repeal of Glass-Steagall Act. You see, during the Great Depression, the government decided it would be a good idea to separate the commercial banks from the riskier investment banks. It protected consumers. Gosh, those New Dealers were so cute in their [...]

It Takes a Village of Bad PR

Perhaps you’ve heard about this fella Dave Carroll. Dave had a guitar destroyed by United Airlines once, and when they refused to reimburse him (on multiple occasions) for the instrument he relies on for his livelihood, he used his livelihood to fight back. He wrote a little ditty called “United Breaks Guitars” and posted the [...]

Beating a Dead Bank

Last night, the Mets christened the Jackie Robinson Rotunda at their new ballpark. Jackie’s widow said a few words, and his daughter threw out the first pitch. The players all wore the number 42 (that’s Jackie’s league-retired number), and Jose Reyes scored from first base on a wild pitch just to show off his Jackie [...]

Follow Up From a Busy Week

It was another one of those weeks, B&E; readers, when I got a tad busy, and many things went through my notice without comment. In most cases, people with more time (and, let’s face it, more talent) have made more insightful comments in better prose stylings than I probably would have even if I’d had [...]

Make Sense of the Mess?

Some of you may have heard that there’s an economic crisis going on. I’m slowly but surely getting my head around what happened. It’s complicated and wonky and full of jargon, phrases, and acronyms I know nothing about. Well, this little video (also embedded below) has been floating around for about a month and is [...]

Happy Anniversary?

Today is the 20th anniversary of the Exxon Valdez spill off the coast of Alaska. The herring haven’t returned, dangerous levels of toxicity remain in the water, and some plaintiffs have almost received enough in damages from Exxon to pay their bankruptcy lawyer’s bill. Originally, the jury awarded the plaintiffs $5 billion, equivalent to one [...]

What’s Wrong with Sweden?

My online silence the past few days has been due to having guests in town, some lovely Swedes. About seven years ago, the couple adopted a child, and in Sweden, the new parent of one’s choosing gets thirteen months off at 80% of their salary to care for the child. The thirteen months can be [...]

Dickhead of the Week – Uriah Heep

A lot of very smart people are just as angry as I am about this whole AIG bonus debacle, and much of what I think has already been said by others. But it sure seems that Edward Liddy, the CEO of AIG, is a good candidate for Dickhead of the Week here on B&E.; But [...]

Reading Material

I’ve been admittedly quiet on the bloggy front the past couple of days, so until I find the time to get something down worth perusing (and as most readers know, my standards for “worth perusing” are quite low), let me offer this entertainment instead (from The Nation, of course).