Great Depression

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Great Depression

The Rise And Fall Of Corporate Feudalism

by Propagandee July 2, 2009

A decade ago, I was marooned along with a couple of dozen of other international tourists on the rocky lava islet of Palea Kameni, off the legendary Greek island of Thira (Santorini). While we were soaking in its geothermally heated pool, a violent storm suddenly blew into the Aegean. We were told that there was [...]

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Bailout: Putting Lipstick On A Pig In A Poke

by Propagandee September 27, 2008

The way to feed rabbits is to feed hay to horses.
A lovely little adage better known as trickle down economics. Unfortunately, it also describes even the modified bailout plan promoted by congressional Democrats, a plan that has no guarantee of ever working nor limits on the eventual cost.
Instead of a top down approach,  a [...]

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