collapse
U.S. Suburbs Now Just Sprawling Hell-Camps For the Poor
The scared white working class used to flee The Poors and The Coloreds by moving to the next new ring of surburbia, which helped create the Architecture of Banal Oppression that defines this ruined country. But now the next (last) ring of suburbia/exurbia is where The Poors have wound up … and it turns out [...]
Cops Now Hunting Escaped Zoo Monsters
How are things in the American Heartland this morning? Very terrible, according to this video news report from … a comedy blog? A superhero musical? No, it’s from the Associated Press.
America About To Lose Its Fancy Credit Card
Because of many reasons including “the nation cannot even agree to print more money,” the United States is in danger of losing its fancy AAA credit rating from Moody’s, the investing service that decides what countries and businesses have good credit. (Moody’s failed to predict the housing collapse and current financial meltdown, so who knows [...]
Nation Needs To Replace 6,955,000 Pre-Recession Jobs; 38,000 Created Last Month
At the rate of last month’s dismal job creation, it will take more than 15 years for America to replace the 7 million jobs that vanished in this Great Recession. The awful new job numbers — just 38,000 in May when economists say the country needs at least 244,000 new jobs per month if the [...]
Nearly a Third of American Mortgages ‘Underwater’
The economic recovery continues to be a complete fiction, like the Harry Potter books but without all the fun sex magick. Unemployment is officially back to 9%, with real unemployment at 22%. Energy and food costs keep rising as jobless benefits run out and wages are stagnant for the lucky ducks who still earn a [...]
Bob Herbert’s Last NYT Column: America Has ‘Lost Its Way Entirely’
America’s last half-assed attempt at a serious newspaper, the New York Times, is rapidly losing the last of its serious op-ed writers. Bob Herbert is the latest to say goodbye, and his final column is devastating. It starts like this: “So here we are pouring shiploads of cash into yet another war, this time in [...]
Building Permits For New Housing Drop To 51-Year-Low
The last time so few new permits were issued for housing construction, it was 1961 — when American economists first began keeping records of the numbers of housing permits as an economic indicator. There are millions of unwanted, unsold and unfinished new housing units in this country. Who would buy these things, right? There are [...]
USA Beats USSR In Losing Afghanistan
Congratulations, America! The U.S. war in Afghanistan has now lasted longer than the Soviet war in Afghanistan. That’s nine years and fifty-three days for us, so far, and nine years and fifty days for the USSR. One cool thing about always having wars in the same brown-people countries year after year and decade after decade [...]
Happy Holiday Bargain Day!
On this Holy Day of going to the Big Box stores and outlet malls to use up whatever’s left of the American Consumer’s shrinking credit line, as a permanent jobless/starving class approaches one-fourth of the entire population and constant economic fear is the standard emotion for all but the richest 5%, what are Washington’s concerns? [...]
Recession Drags On & Crime Keeps Falling, Because America Is Too Fat
For the third straight year, even as the Great Recession pummels ever more people into poverty, the national crime rate has dropped. Murder, rape, burglary — almost every kind of criminality has fallen, with the rate of violent crime and property crime dropping by another 5% in 2009. Since 1991, the United States has seen [...]
Uhh, Financial Collapse/World Recession II?
We mentioned earlier this morning that there are some troubles in the world economy — and that includes us, in the America part of Earth. Well, uhh, it’s really awful. Remember that 1,000-point drop in the Dow blamed on robots or astrology or whatever? Ha ha well now there’s a 1,000-point drop for real, it [...]
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