The Bear Market Economics Phenomenon

“The Bear Market Economics Phenomenon” is an observation of Political Economics. Wall Street Admits: ‘We Got Rich Off the Backs of Workers’ thus creating the Bear Market. The Bear Market is America's default war. The ethic of Wall Street is the ethic of celebrity. It is fused into one bizarre, perverted belief system and it has banished the possibility of the country returning to a reality-based world or avoiding internal collapse. A society that cannot distinguish reality from illusion dies.

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Monday, July 20, 2009

Will Unemployment Sink Obama's Agenda?

Will Unemployment Sink Obama's Agenda?

Posted by Staff, The Nation at 3:26 PM on July 17, 2009.

John Nichols weighs in.

Nation Washington correspondent John Nichols likens the recession to a ticking time bomb that has been handed to Barack Obama to defuse. "If the bomb blows up, he'll be blamed. He's Bruce Willis now, he's got the bomb, and he hasn't taken it apart yet." Nichols notes that the tipping point for America is often double digit unemployment, and that the higher those numbers go, the more frightened Americans get. This is why, he says, America needs a second stimulus bill, and its focus has to be on job creation. Obama's political future depends on it.

The Bear Market Economics Phenomenon

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Monday, July 20, 2009

Will Unemployment Sink Obama's Agenda?

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