Socialism
grrlscientist | May 2, 2010tags: I'm A Teabagger For Jesus, teabaggers, America, poverty, racism, sexism, homophobia, socialism,humor, funny, satire, fucking hilarious, social commentary, cultural observation, Edward Current, streaming video
What would Jesus do to help America? In this video, William Current, one of my favorite social satirists, explains how he decided that he would be a Teabagger. No taxation without representation!
razib | September 13, 2009U.S. Is Finding Its Role in Business Hard to Unwind:
Between financial rescue missions and the economic stimulus program, government spending accounts for a bigger share of the nation's economy -- 26 percent -- than at any time since World War II. The government is financing 9 out of 10 new mortgages in the United States. If you buy a car from General Motors, you are buying from a company that is 60 percent owned by the government.
If you take out a car loan or run up your credit card, the chances are good that the government is financing both your debt and that of your bank.
And if you buy…
razib | March 23, 2009Sweden Says No to Saving Saab:
Which makes it all the more wrenching that the Swedish government has responded to Saab's desperate financial situation by saying, essentially, tough luck. Or, as the enterprise minister, Maud Olofsson, put it recently, "The Swedish state is not prepared to own car factories."
Such a view might seem jarring, coming as it does from a country with a reputation for a paternalistic view of workers and companies. The "Swedish model" for dealing with a banking crisis -- nationalizing the banks, recapitalizing them and selling them -- has been much debated lately in…