Tag Archives: Ronald Reagan

Morbid Symptoms

“The old is dying and the new cannot be born.  In this interregnum there arises a great diversity of morbid symptoms.”-Gramsci The etymology of the word “morbid” is the Latin word morbidus meaning disease. Let us consider the particular disease … Continue reading

Posted in Advertising, Business, Entertainment, Interregnum, Obama, Politics, Religion, Teabaggers | Tagged , , , , , , , , , , , | 42 Comments

Calling Greenspan to Account

Somehow Alan Greenspan has been able to escape blame for the mess we find our selves in today. But as Peter Goodman points out this morning, the fingerprints of Greenspan’s radical Ayn Rand libertarianism are all over the Credit Crisis. … Continue reading

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Calling Greenspan to Account

Somehow Alan Greenspan has been able to escape blame for the mess we find our selves in today. But as Peter Goodman points out this morning, the fingerprints of Greenspan’s radical Ayn Rand libertarianism are all over the Credit Crisis. … Continue reading

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Ratings Race To The Bottom

Bloomberg’s Eliot Blair Smith has just broken an important story that gets to the root of the current financial crisis. In August 2004, Moody’s Corp.unveiled a new credit-rating model that Wall Street banks used to sow the seeds of their … Continue reading

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No Free Lunch

Global stock markets have been falling recently as the world slowly comes to realize that the U.S. financial contagion is spreading throughout Europe and Asia. Perhaps the most striking example of the global slowdown can be seen in deceleration of … Continue reading

Posted in Barack Obama, Business, China, Defense Policy, Economics, Energy Policy, Foreign Policy, Innovation, Military Spending, Politics, Recession, Trade, Wall Street | Tagged , , , , , , , , | 116 Comments

The Cost of Empire III-The Walls Come Down

This is part three of a four part series that ties our current economic crisis to the thirty year buildup of defense spending since the Reagan Presidency. The earlier parts can be found here, here and here. The neoconservative narrative on … Continue reading

Posted in Business, China, Defense Policy, Economics, Foreign Policy, Iraq War, Military Spending, Politics, Recession, Russia, Terrorism, Wall Street | Tagged , , , , , , | Leave a comment

The Interregnum

Financial apocalypse seems to be in the air. NBC Nightly News has a new nightly segment called Hard Times, which provides economic “survival strategies” to the viewers. We have entered The Interregnum. As I said before, the notion of an … Continue reading

Posted in Defense Policy, Economics, Foreign Policy, Innovation, Interregnum, Journalism, New Federalism, Recession, Technology, Wall Street | Tagged , , , , , | Leave a comment

Obama & Reagan

Obama got into a lot of trouble with Democrats for saying, “Ronald Reagan changed the trajectory of America in a way that Richard Nixon did not, and a way that Bill Clinton did not.” Although it was a politically dumb … Continue reading

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