by Leo Gerard | May 19, 2009 | Blog
The economic structure of Jim Henson's cartoon realm called Fraggle Rock reflects our own. In one HBO episode, the industrious, hard-hatted Doozers prepare to leave the rock, which would have quickly left the Fraggles starving. Somehow, politicians and powerbrokers in...
by Leo Gerard | May 13, 2009 | Blog, Making it in America
The proposition General Motors has presented to the United Auto Workers and American taxpayers in its latest restructuring plan is simple: You must pay for your own execution. GM, which already took $15.4 billion in bailout money, wants another $11.6 billion and is...
by Leo Gerard | May 1, 2009 | Blog
“He’s a real nowhere Man, Sitting in his Nowhere Land, Making all his nowhere plans For nobody.” These lyrics to “Nowhere Man,” written and recorded in 1965 by John Lennon and Paul McCartney, describe the Republican Party of 2009. Pennsylvania Sen. Arlen Specter...
by Leo Gerard | Apr 14, 2009 | Blog
Americans are paying big time now for decades of buying into a hoax. And it wasn't sub-prime mortgages. It was the conservative contention that government is evil and inept. Swallowing that absurd assertion resulted in relaxation and elimination of supposedly onerous...
by Leo Gerard | Mar 20, 2009 | Blog
AIG Chairman Edward M. Liddy gets the Creep of the Week award for his stunning, overwhelming, dumbfounding display of cluelessness. Liddy not only awarded $165 million in bonuses to the very AIG employees whose risky speculation in credit default swaps bankrupted the...
