Category Archives: Economy

Reality is making us sick, and fantasy can’t cure us

You’re honey child to a swarm of bees Gonna blow right through you like a breeze Give me one last dance Well slide down the surface of things You’re the real thing Yeah the real thing You’re the real thing Even better than the real thing – U2 Fantasy stories, myths, legends, tall tales, fairy tales, horror, all these have

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Has a college degree become a bad investment? Better question: is conservative rhetoric the worst investment in history?

Yesterday over at Future Majority, Kevin Bondelli responded to Jack Hough’s New York Post column “Don’t Get That College Degree!” Bondelli’s take led with one of the more terrifying titles I’ve seen lately: “Has College Become a Bad Investment?” Yow. When you dig the hole so deep that you can even use that kind of question as a rhetorical device,

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Democrats to Progressives: We’re just not that into you

A modest proposal, perhaps. It’s been entertaining watching American public “discourse” since the election. (I use that word in its broadest, most ridiculous sense, since nothing that hinges so completely on self-absorption, rank ignorance and pathological dishonesty can be accurately characterized by such a noble word. But indulge me. I’ve been working on my irony lately.) On the one hand

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Ain’t no recession in Madrid

The New York Yankees earned some well-deserved criticism in the off-season when they spent a bazillion dollars on CC Sabathia, AJ Burnett and Mark Teixeira and then started charging admission at the new Taj Mahal Yankee Stadium that was so exorbitant that Donald Trump couldn’t afford a seat in the lower deck. Such excess, it was felt, was inappropriate during

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Ten years on: was Columbine the rule or the exception?

Part two in a series How did it happen? Why did it happen? There’s simply no way to measure how many hours have devoted to these questions in the ten years and four days since Eric Harris and Dylan Klebold opened fire at Columbine High School, and while we don’t (and never will) have all the answers, we do have

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Let the economy die?! Rushkoff’s goals are noble but his plan needs work

A couple of weeks ago author and NYU media theory lecturer Douglas Rushkoff penned a provocative essay for Arthur Magazine. Entitled “Let It Die,” the essay explains why we should stop trying to save the economy. In a perfect world, the stock market would decline another 70 or 80 percent along with the shuttering of about that fraction of our

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Jon Stewart, Jim Cramer and the rampaging cowards of journalism

First, just in case you haven’t seen it, please review the video (in three parts). The Daily Show With Jon StewartM – Th 11p / 10c Jim Cramer Unedited Interview Pt. 1 Daily Show Full Episodes Important Things w/ Demetri Martin Political Humor Jim Cramer

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The stimulus bill, Iraq and “fiscal responsibility”

Obama was in town yesterday to sign his stimulus bill. This victory, the first great moment of the Obama administration, was a hard-fought one earned in the face of fierce opposition from fiscally responsible Congressional Republicans. These staunch guardians of the American purse strings have proven, time and again, their willingness to combat wastefulness and ill-advised spending by… Wait a

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The Scholars & Rogues Manifesto: what are we doing here?

It has been alleged that Scholars & Rogues is not, strictly speaking, a political blog. Sure, we write about overtly political issues and devote our share of time to things like media policy, energy and the environment, business and the economy, and international dynamics. Yes, we were credentialed to cover the DNC, but we don’t really do hard, insider, by

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Are progressive bloggers prepared to lead?

Several times in recent years I have said that while I’m certainly and unapologetically a progressive, I’m in no way, shape or form the kind of conventional “liberal” that a lot of people think I am. My views on a variety of issues simply don’t map onto our brain-dead, one-dimensional notion of “left” vs. “right,” and even the slightly more

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