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Tag Archives: CDOs
Questions from a Worker Who Doesn’t Own Anything
It’s always a good time to read Bertolt Brecht, and especially during these days of class war and crumbling capitalism. I recently came across the poem “Questions from a Worker Who Reads,” in which Brecht comments … Continue reading
Posted in Ghost Ride the News
Tagged bailouts, bertolt brecht, CDOs, class war, corporate media, homeless, nickelsville, Seattle, urban poor, worker's rights
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The Socialization of Risk
There’s a saying that goes something like, “You don’t find any atheists in a fox-hole,” meaning people get dumb when they’re scared. You could also say that you don’t find any free-market cheerleaders in a recession. Suddenly everyone … Continue reading
Posted in Ghost Ride the News
Tagged auto industry bailouts, bad money, CDOs, hedge funds, kevin phillips, Recession, socialization of risk
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