Ogmin's favorite economy websites

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Why I Fired My Broker - The Atlantic(May 2009)

Rated Apr 20 2009 • 2 reviews • financial planning, economy • theatlantic.com

"I thought $200,000 sounded like an unembarrassing number. But the room reacted as if I had said, "I have 75 cents. Should I buy Twizzlers or a big red gumball?"
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The Virtues of Public Anger and the Need for More |...

Rated Mar 23 2009 • 1 review • politics, society, economy • commondreams.org

Financial elites own the Government and both political parties. Their money drowns Washington and their lobbyists control it. They used that ownership of Government to abolish decades-old legal and regulatory protections which previously constrained what they could do. In the lawless environment which they literally purchased from our political leaders, they were able to pillage and pilfer and steal without limit. And even now that everything has come crashing down, they continue to dictate what the Government's response is, to ensure that they -- the prime authors of the disaster -- are the prime beneficiaries, at the public's expense, of the "solutions," solutions which preserve their ill-gotten gains and heighten even further their power and influence.
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Green wheel turns pedal bike into electric hog -...

Rated Feb 20 2009 • 16 reviews • bicycling, conservation, energy, economy • msn.com

"The biggest barrier to people getting out of cars and riding is that they don't feel safe," said Sadowski. "As a society we need to place a stronger focus on creating laws to stop incidents from occurring and on upgrading infrastructure to make every road bike-friendly.""
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Mishs Global Economic Trend Analysis: Inside China: A...

Rated Feb 20 2009 • 1 review • china, economy • blogspot.com

"China runs on construction, build build build, but there is no reason for that many places and spaces and big mall businesses with no consumers."
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Informed Comment: Iraq Funding Ponzi Scheme Bigger than...

Rated Feb 17 2009 • 1 review • iraq, economy • juancole.com

"the Iraq embezzlement is a ponzi scheme bigger than that of Madoff. But both gigantic swindles were made possible by the same philosophy, that the "private sector" needs no government oversight or auditing, since the Magic Hand will operate to ensure probity. As Alan Greenspan recently admitted, his conviction that bankers would not steal from us because it would be bad for the bank was naive; I guess that is what comes of never growing out of Ayn Rand when you move into your twenties and later."
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Clusterfuck Nation by Jim Kunstler : Poverty of Imagination

Rated Feb 09 2009 • 1 review • politics, society, economy • typepad.com

"If this nation wants to survive without an intense political convulsion, there's a lot we can do, but none of it is being voiced in any corner of Washington at this time. We have to get off of petro-agriculture and grow our food locally, at a smaller scale, with more people working on it and fewer machines. This is an enormous project, which implies change in everything from property allocation to farming methods to new social relations. But if we don't focus on it right away, a lot of Americans will end up starving, and rather soon. We have to rebuild the railroad system in the US, and electrify it, and make it every bit as good as the system we once had that was the envy of the world. If we don't get started on this right away, we're screwed. We will have tremendous trouble moving people and goods around this continent-sized nation. We have to reactivate our small towns and cities because the metroplexes are going to fail at their current scale of operation."
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http://hosted.ap.org/dynamic/stories/F/FROZEN_INDOORS?SIT...

Rated Jan 26 2009 • 1 review • meteorology, society, civil rights, economy • ap.org

MICHIGAN: A 93-year-old man suffered "a slow, painful death,"by freezing inside his home just days after the municipal power company restricted his use of electricity because of unpaid bills, officials said. "His furnace was not running, the insides of his windows were full of ice the morning we found him."
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Clusterfuck Nation by Jim Kunstler : Easthampton Burning?

Rated Oct 30 2008 • 1 review • petroleum, politics, economy • typepad.com

The new president will have to be Franklin Roosevelt on steroids, with some Mahatma Gandhi and Florence Nightingale thrown in. My pet project of restoring the American passenger railroad system might seem pretty minor in the face of all this, but it's at least a place to start that will accomplish several things: allow people and things to get places without cars and trucks; put many thousands of people to work at many levels doing something of direct, practical value; and be a small step in rebuilding confidence that we are a society capable of accomplishing something.
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Michael Moore: No More Socialism for the Rich! | | AlterNet

Rated Oct 27 2008 • 6 reviews • activism, politics, economy • alternet.org

"OK. Here's what you do. You end the war in Iraq. That's $10 billion a month that we're spending that could be spent on repairing our roads, building bridges, building schools, increasing our workforce of nurses -- all the things that we really need in this country. We could start by taking the money away from this war and the money away from crazy Pentagon ideas that haven't done us any good and have only hurt us. That's one really good place to begin to find the money that needs to happen."
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The Financial Meltdown: This Time Is Different

Rated Oct 22 2008 • 1 review • politics, economy • globalresearch.ca

"We are seeing "the collapse of a 300 year Ponzi scheme. All the king's men cannot put the private banking system together again, for the simple reason that (it's) reached its mathematical limits." It needs new borrowers but doesn't have them. This racket has gone on for 300 years "ever since the founding of the Bank of England in 1694." The whole world now is "mired in debt to the bankers' private money monopoly." The dirty game has reached its finite limits. "The parasite has finally run out of its food source."
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