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Entries by Danny Schechter from 07/2010

Is the Depression Coming? Or Is It Here?

| Posted 07.01.2010 | Business

The next jobs report is already said to be bad. The Republicans blame Democrats and vice versa. Wall Street has shifted the blame away from them. Why aren't people in the streets?

July 4th Shock And Awe? Will Fireworks Wake Us Up?

| Posted 07.06.2010 | Politics

There has been an effective well-funded PR campaign underway for years to convince us that deficits are more dangerous than unemployment or the abuse of consumers.

Justice on Steroids--for Ruskie Spies, Not Wall St Bigs

| Posted 07.12.2010 | Business

Ten Russian "spies" were brought to court, copped a plea, and were on their way out of the country by midnight. The wheels of justice move quickly when governments want them to.

As The Senate Votes On Financial Reform, Will We Be Safer?

| Posted 07.14.2010 | Business

It's hard to believe that after all the speechifying and anguish, proposed "reforms" will not change much. The only hope is on two other fronts: the courts and the streets.

The "War" On Wall Street May Be Over: Who Won?

| Posted 07.19.2010 | Business

Wall Street has wriggled off the hook with a little help from their friends, and is winning the new "class war." Meanwhile, 2.1 million Americans can't even get unemployment benefits extended.

Whither Obama's "Economic Agenda:?" Will it Speed Recovery?

| Posted 07.27.2010 | Business

As we move into a coming Congressional recess, the Obama Administration has shifted its focus back on to the economy and wants to convince one and all that an economic recovery is just around the corner.

The Eleven Pens of Barack Obama

| Posted 07.27.2010 | Business

With eleven pens for souvenirs, President Obama signed the financial reform bill in a rare celebratory moment. Significantly, the ceremony did not take place in the Oval Office but up the block at the Ronald Reagan building.

Charlie Rangel Must (Politically) Die

| Posted 07.30.2010 | New York

It took him 80 years but Harlem's war-hero turned Congressional elder, Charles Rangel, is this week's media poster boy for all the ills of an institutionally corrupt system.