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Posts under ‘Economy’

Is Obama “Whacking the Old Folks”??

I’ve just returned from a wonderful, nostalgic visit to my favorite city in the whole world: Rome. And I’ve been trying to catch up with national news. The latest issue of THE NATION has left me stunned, bewildered, unable to be incredulous. A column by William Greider, whose books, columns, and appearances on the Bill [...]

It’s the system, stupid!

From today’s New York Times, in a lead article on poverty in the US: “American business is about maximizing shareholder value,” said Allen Sinai, chief global economist at the research firm Decision Economics. “You basically don’t want workers. You hire less, and you try to find capital equipment to replace them.” When I think on [...]

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