Understanding the Goldman Sachs Debacle

Last week, the Securities and Exchange Commission (SEC) announced a lawsuit against Goldman Sachs for civil fraud.  Wall Street and its practices are foreign to me.  I know I’m angry, but can’t quite put a finger on exactly why.  MSNBC’s Dylan Ratigan explains the SEC lawsuit in terms that I can understand: Put simply, here’s [...]

Recession Reminds Us to Get Back To Basics: Bubble Bourgeoisie Learns to ‘Do-It-Yourself’

There is nothing like a recession to remind us of all the things we can do for ourselves, but don’t.  It is past time to review need and wants.  Froma Harrop writes:   “Doing it yourself these days?” asks the Depression-era ad for bleach. It shows pampered hands wading in a tub full of laundry.  There’s [...]