Tag Archives: great depression

  We Watch So You Don't Have To

The Sarah Palin Fartknocker Report: Sarah Takes Sort Of Stand Against Wall Street Maybe

The Sarah Palin Fartknocker Report, Presented By Fartknocker
FDR’s speechwriters are spinning in their graves after Sarah Palin’s most recent Ask Me Anything. Come along, Wonketeers, we’ll explain in the car. First, the numbers: Palin published just under six minutes of video content in the last week, which means she’s back to running the laziest grift in American politics. More than half of this week’s content centers on one question from “John,” who writes in to Ask Sarah Anything. (Incidentally, Palin’s Ask Me Anything segments now have a new acoustic intro; it sounds more like Prairie Home Companion‘s interludes, only somehow more self-righteous, if that’s even possible.) Here is John’s question, with all punctuation and capitalization sic’d from the original. Read more on The Sarah Palin Fartknocker Report: Sarah Takes Sort Of Stand Against Wall Street Maybe…
  praise the ammunition and pass the lord

Sundays With The Christianists: American History Textbooks That Will Live In Infamy

After all those wonderful lies about the Great Depression, it will be nice to get back to something more like reality in our rightwing Christian textbooks for the Christian school/homeschooling market. And so, on with World War II — as we’ve noted, once these guys have an actual shooting war to look at, they tend to tone down the Culture War stuff. And for one of our two texts, the 11th/12th-grade United States History for Christian Schools (Bob Jones University Press, 2001), that’s pretty much the case — there is almost nothing in this textbook’s coverage of WWII that would be out of place in a secular textbook. Happily for our purposes, our other book, A Beka’s eighth-grade America: Land I Love (1994, 2006), is just as full of crazy as ever, and even some of its discussion of the war itself is at best cursory. This is important, because we just aren’t ready to jump straight into the weirdness that is their discussion of the Cold War. (How’s that for a teaser for next week?) Let’s start with the primary causes of World War II: Socialism, spiritual emptiness, and of course, Charles Darwin. Yep, it’s going to be another of those chapters. Read more on Sundays With The Christianists: American History Textbooks That Will Live In Infamy…
  hellfireside chats

Sundays With The Christianists: American History Books That Expose FDR’s Socialist Agenda

Last week, we learned that the Great Depression was caused by government regulation of free enterprise, and that while it was a tad uncomfortable for some, there was no need for any government interference in the wonderful job that private charities were doing to help people. Or at least, that’s how the Great Depression unfolds in the pages of our eighth-grade textbook from A Beka, America: Land I Love. This week, we’ll once again make only occasional mention of our other textbook, the 11th/12th-grade United States History for Christian Schools (Bob Jones University Press, 2001), because while it’s got a definite conservative slant, it at least resembles reality. Land I Love, on the other hand, stops just short of saying Franklin Roosevelt was a commie, and certainly reminds kids at every turn that the New Deal should be seen as “a big step into socialism” and that FDR’s policies were unnecessary interference in an economy that wasn’t really all that bad anyway. Now that grandparents who lived through the Depression are no longer around to pollute the kids’ awareness with any firsthand accounts, it’s relatively easy to feed them a straight diet of rightwing revisionist bullshit. Read more on Sundays With The Christianists: American History Books That Expose FDR’s Socialist Agenda…
  happy days are here again

Sundays With The Christianists: U.S. History Textbooks That Save Homeschoolers From Socialist Lies About The Great Depression

You’d think that after a year and a half of reviewing rightwing Christianist textbooks we’d be incapable of being surprised, but wow: this week’s look at how one of them covers the great Depression departs so sharply from what most of us call reality that you may want to strap in and wear a helmet to keep your brains from messing up your nice shag carpet. As usual, of the two books we’re looking at, it’s our 8th-grade text, America: Land I Love (A Beka, 1994), that’s the troublemaker. In fact, this week, we’re hardly going to reference our other book, the 11th/12th-grade United States History for Christian Schools (Bob Jones University Press, 2001), because while it still has a conservative slant, it at least presents a recognizable version of historical reality. Land I Love, on the other hand, is so wedded to rightwing ideology that it simply insists that The Great Depression was maybe a little uncomfortable, but not nearly as bad as the socialists in media, government, and academe would have you believe. Mostly, the authors suggest again and again, the greatest tragedy of the Depression is that liberal politicians used it as an excuse to expand government and destroy individual freedom, because that’s just how FDR liked to roll. Read more on Sundays With The Christianists: U.S. History Textbooks That Save Homeschoolers From Socialist Lies About The Great Depression…
  Part 17: Tell Me About the Free Market George

Sundays With The Christianists: A ‘World History’ Textbook To Read In Your Hooverville Homeschool

As we’ve noted previously, our 10th-grade Christianist textbook, World History and Cultures In Christian Perspective, is a weird patchwork of preaching and history as filtered through late-Reagan-era rightwing politics. This is especially noticeable in the chapter “20th Century Liberalism: Retreat from Responsibility and Authority” which we wrap up this week. The God Stuff in this chapter is concentrated in sections we’ve already covered, starting with attacks on science, then moving on to the pernicious secular humanist agenda of philosophy and education and eventually finding good guys and bad guys in the arts. By the time we get to the economic boom and crash of the 1920s and 30s, the editors almost seem to have run out of preaching — at least about God. Read more on Sundays With The Christianists: A ‘World History’ Textbook To Read In Your Hooverville Homeschool…
  the pain in spain

Around The World With Lloyd Dangle: Austerity’s A Bitch And Then You Die

(Pittsburgh) A few days ago I was in Rome, now I’m in Pittsburgh. My serotonin level is in freefall. No, Pittsburgh’s nice, really! The frutti di mare is good here. It’s the jet lag and the hemorrhoidal bonfire in my ass that make me want to die. And my VISA bill. I asked an emaciated 70-year-old Pittsburghian taxi driver, Troy, whether the city was doing okay. He said that the unemployment rate was 7%, a point lower than the US average, that they never had a housing bubble here, and that manufacturing jobs have been gone for so long that nobody even remembers them. Pittsburgh is the Germany of America! Contrast that with Spain where the unemployment rate is 24.6% and the rate for under-25s is––holy-crap––53%. We had a situation like that once. They called it the Great Depression and it left a whole generation of Americans so damaged that they have a nervous breakdown every time they have to leave a tip. Eso es desagradable, Jack! Read more on Around The World With Lloyd Dangle: Austerity’s A Bitch And Then You Die…
  our flourishing economy

Stocks Collapse Worldwide On News About Meg Whitman

Unloved corporate failure Meg Whitman was last seen insisting that she should be governor of California because goddammit, she paid $141 million to be governor of California. And now the former eBay executive has re-appeared on the public stage, with news that she will be hired to run the ruined tech company Hewlett Packard. The rumor/announcement was greeted by a global plunge in all stocks, led by a collapse in all technology shares. Why can’t she just leave Earth alone? Aren’t things bad enough without Meg Whitman? Read more on Stocks Collapse Worldwide On News About Meg Whitman…
  sad sack

Is Barack Obama As Depressed As the Economy? NYT Supposedly Investigating

Here is a fourth-hand political gossip rumor: Barack Obama has got the depression, bad. Why? According to Gawker’s John Cook, the New York Times “is preparing a story arguing that Obama no longer finds joy in the political back-and-forth, has seemed increasingly listless to associates, and is generally exhibiting the litany of signs that late-night cable commercials will tell you add up to depression.” Read more on Is Barack Obama As Depressed As the Economy? NYT Supposedly Investigating…
  recovery.gov

U.S. Recovery Canceled Due To New, Neverending Economic Depression

The stock markets just closed in New York, hooray! (“Hooray,” because now the stock markets can’t fall any further today. But tune in tomorrow!) If you don’t care because you’re already poor — hello, 90% of America! — or you have retirement and/or investment accounts and have just been too terrified to look at Marketwatch.com, the Dow Jones Industrial Index closed down 635 points, or another 5.5% in the toilet. Wh-wh-whut’s happening? Didn’t Obama and Boehner solve the “debt crisis” or whatever made-up horse poop they invented to avoid talking about the tens of millions of unemployed workers and the stagnant/declining wages for those still hanging onto jobs and the other symptoms of our long national recovery? Read more on U.S. Recovery Canceled Due To New, Neverending Economic Depression…
  our flourishing economy

Just In Time For U.S. Default, U.S. Recession Gets Much Worse

While the Republicans try to force a default of the American Nation with such tactics as “scholarship grants are for communists,” the Democrats are engaged in an exciting game of catch-up. “Oh,” Obama might say, looking thoughtfully at his hands, “Pell Grants are communist? Well then, I offer a compromise of shutting down Medicare and turning our National Parks into private endangered-species hunting camps run by Ted Nugent. What else can we do?” Meanwhile, the U.S. Economy is rolling along — rolling down, fast. Turns out the 2008-2009 recession was far worse than economists could comprehend at the time, even though it was very clear to actual working people that we had plunged into a long and perhaps permanent downturn. And while economists are still pretending the “recovery” is something real and not just more double-your-money fun for America’s millionaires and billionaires, they’re finally admitting that once they fudge their numbers another percent, we’re actually already in a second recession. Read more on Just In Time For U.S. Default, U.S. Recession Gets Much Worse…
  brother can you spare a meal?

Obama Campaign’s New Contest: You Could Win a Plate of Food

Times are tough and getting significantly tougher, so it’s a challenge for the Obama campaign to come up with some fundraising stunts that will attract any attention in these desperate, weird times. He could put his dong on Twitter, we suppose, but that’s not exactly the right kind of attention. What the Barack Obama campaign machine needs is some kind of aspirational message, perhaps something along the lines of “Hope” and “Change” but without the actual emotion of Hope or the prospect of actual Change. Oh, we know! Have a contest, and the winner gets a plate of food. Read more on Obama Campaign’s New Contest: You Could Win a Plate of Food…
  our flourishing economy

Unemployment Drops As Americans Abandon Pointless Search For Work

Good news for the U.S. job market: The unemployment rate miraculously dropped from 9.8% to 9.4% in December, the biggest one-month drop in the official jobless rate since 1998! Coincidentally, this plunge in the number of Americans desperately seeking work coincides with more Americans dropping out of the labor force entirely, because there aren’t even enough new jobs to keep up with “natural growth” — 26-year-olds getting their GEDs and needing that Jiffy Lube job to help momma out at home, etc. — let alone provide work for the 15 million officially unemployed Americans. Of course the real official unemployment rate is 16.7%, because that number includes “discouraged workers” and people subsisting on seasonal or part-time or temporary work while still hoping for a full-time job again, someday. Read more on Unemployment Drops As Americans Abandon Pointless Search For Work…
  yardbloggiing

Obama Standing In Somebody’s Backyard Again

Hey a colored guy snuck into somebody’s yard, in Iowa or wherever. What is up with that. Oh this is Barack Obama, boring president who does not give everyone jobs somehow. This is his “new schtick,” which is frankly kind of awful. Why can’t he be more like America’s only hero, Sarah Palin? If she got in your yard somehow, while her children stole all your jewelry inside, she would make you feel proud to be an American! How? By signing your book with her picture on it! And then she would smirk and say something idiotic about how it’s great to be an American even if the America we once knew (Reagan Recession, AIDS, whatever) is now just like that but worse, because of the various Bushes/Clintons taking all the moneys. Anyway, this sucks. Read more on Obama Standing In Somebody’s Backyard Again…
  our flourishing economy

We’re Also Having Another Total Economic Collapse

Not to spread the funny news too thick today, but have you glanced at the business headlines? The stock markets have not reacted too well to the awful lack-of-employment numbers, with the Dow Jones Index plunging 325 points — that’s three-and-a-quarter percent and well under 10,000 and all the other markets looking similarly terrible. And “volumes” are high, meaning Lots of People/Institutions are dumping everything, for cash. Read more on We’re Also Having Another Total Economic Collapse…
  our flourishing economy

Home Prices Go Up Up Up: America Saved!

After dropping like a stone for the past three or four years, existing home prices in the United States went up a little teeny tiny bit in the second quarter of 2009. HOORAY WE CAN REFINANCE OUR WAY TO HAPPINESS AGAIN! So, the sales price of American houses went up by 2.9% between April Fools Day and the end of June, but they also dropped by 15% as compared to a year earlier. Never mind, we’re still doomed. [Washington Post] Read more on Home Prices Go Up Up Up: America Saved!…
  helicopter ben

Obama To Ruin Boring Martha’s Vineyard Vacation With Re-Appointment of Ben Bernanke

Have you ever had a holiday vacation on Martha’s Vineyard? So boring! Once you get over the “Ah and there’s where Ted Kennedy crashed his car and drowned that lady” historical thing — sorry, Denby! — you realize it’s just a place full of crappy tourist shops and terrible humid boiling weather and a bunch of ugly gated beach mansions surrounded by swamps, bogs and discarded “lobster rolls.” How to jazz it up? Barack Obama decided to go on the teevee to announce what everybody already knew he was doing: giving Ben Bernanke another term. Read more on Obama To Ruin Boring Martha’s Vineyard Vacation With Re-Appointment of Ben Bernanke…
  you don't say

New Study Proves It: No Work Means No Traffic

Some math wizards down in Texas have come to an incredible conclusion: What with 6.5 million lost jobs since this Hellcession began, there’s less rush-hour traffic. HEY THAT ALMOST MAKES A CRAZY KIND OF SENSE. But the news isn’t all good. Read more on New Study Proves It: No Work Means No Traffic…
  our flourishing economy

Happy Worst Recession In Half a Century Day!

It’s official for Sad America: As the economy shrunk another 6.1% in the first quarter of 2009, the total GDP loss for this recession (so far!) is 3.3%, making this the worst recession since the legendary “Elvis Downtown” of 1957-58. And there’s only one economic collapse larger than our current horror: the Great Depression of 1929-c.1940. We sure hope Obama’s 100th Fireside Chat tonight is a doozy! [Bloomberg] Read more on Happy Worst Recession In Half a Century Day!…
  but where's the birth certificate?!

Somehow, Despite the Teabaggers, Obama Massively Popular

The First Hundred Days! Oh how we’ve talked about them, and even lived through them, although that’s never as good as talking about them. And now? We must assess. According to cable news and The Politico, which owns cable news, this has been a very tough, very disappointing, very humiliating 100 days for Mr. Socialist Kenyan Barack Obama. It’s amazing he has (barely) escaped impeachment, thus far. Also, teabaggng! America, at the teabag-roots level, has REVOLTED against this false president. And that’s why 72% of Americans heartily approve of this new administration. Wait, HUH? Read more on Somehow, Despite the Teabaggers, Obama Massively Popular…
  our flourishing economy

Say Good-Bye To 25% of America’s Remaining Companies

Not that we should put much faith in what Professional Auditors say, but a terrifying new report predicts that a fourth of America’s remaining publicly-traded companies may be gone by the end of the year. This means 3,600 shareholder-owned businesses are in “going concern” territory, or in serious danger of failure in the next 12 months — and this is just based on first-quarter reports, which are already up 9% vs. 2008 “going concern” filings, so, uhm. Read more on Say Good-Bye To 25% of America’s Remaining Companies…
  peggy's world

Peggy Noonan Sees a Bright, Insane Future

Friday! Peggy! She has predictions, for you, your dogs, your hair, and especially for your abandoned skyscrapers. Peggy Noonan does not simply sit in her Upper East Side apartment gulping whisky sours while breathlessly watching RedTube clips, her small nervous hands clutching her crucifix, and other things. No! She looks outside, sometimes. She long suspected something was a bit different out there — once, not so many months ago, she ventured out on foot. Things had changed. The bustle was gone, the Mexican was no longer handing out advertisements and then running, in terror, as Peggy Noonan yelled Reagan-esque platitudes and tried to … catch this Mexican. It is hard to catch household slaves. It is a game for the young, really. Peggy remembers when she was young. It was the Seventies. Read more on Peggy Noonan Sees a Bright, Insane Future…
  nation of horror

Our Nation’s Murder-Suicide Spree

Jesus christ, this whole country is drowning in its own blood. We take a day off — the Sabbath — and there are another half-dozen gruesome murders or murder-suicides. Cops and the families of the killers seem to be particularly common targets. We don’t recall Homicidal Frenzy as being a normal part of, say, the recessions of 1981-82, 1991-92 or 2001. Read more on Our Nation’s Murder-Suicide Spree…