Archives for the Month of January, 2008
Bush’s Legacy
Monday, 28 January 2008
When I was a child growing up just outside New York City during the 1970s, I learned to be afraid of getting mugged. But this is not that. The criminals I’m talking about don’t bop anyone over the head and steal hundreds of dollars. These criminals slowly take $5, $10, and $20 from me, often with a smile. They pop a surcharge onto my monthly phone bill. They pad my TV bill with services I didn’t ask for. They drain my bank account — drip, drip, drip — when I’m not watching. These hidden fees keep me up late at night like the sound of a leaky faucet. I feel like I have to watch…
Obama’s Deceptions
Friday, 25 January 2008
With all the talk about how to stimulate it, you’d think that the economy is a giant clitoris. Ben Bernanke may not employ this imagery, but the immediate challenge–and the issue bound to replace Iraq and immigration in the presidential race–is how best to get the economy engorged and throbbing again.
It would be irresponsible to say much about Bush’s stimulus plan, the mere mention of which could be enough to send the Nikkei, the DAX, and the curiously named FTSE and Sensex tumbling into the crash zone again. In a typically regressive gesture, Bush proposed to hand out cash tax rebates–except to families earning less than $40,000 a year. This may qualify as an example of what Naomi Klein…
