Counterpunch: When Only "Crazies" See the Bank Giveaway for What It Was

The Automatic Earth: "A Low Thunder Rolling 'Cross The Plains"

Union files for election at Ikea's first U.S. factory

Senator Bernie Saunders Tells The Truth About The War Against The Middle And Lower Classes

Had Senator Bernie Saunders (I-VT) given this speech before a million American middle class and lower class taxpayers and voters of either party, he would have been given the loudest standing ovation of any political speaker in decades.

This is one speech for the ages, folks. Pass it on to friends and family to let them know what is at stake with the lobbyists and Banksters now calling the shots in Congressional elections.

Business/Economic/Housing/Layoffs News for August 17, 2010

10 Signs The U.S. is Becoming a Third World Country

Denmark Starts to Trim Its Admired Safety Net

China Favors Euro Over Dollar as Bernanke Alters Path

Late mortgage payments spike in 2Q vs year ago

Production, Housing Starts in U.S. Probably Increased in July

Mish: The Most Precious People On Earth

The End of Outsourcing (As We Know It)

Japanese Stocks Decline on Concern Economic Growth Is Slowing

View Cloudy, Dow Declines for a 5th Day

Obama Says Private Accounts Would Endanger U.S. Social Security Benefits

Easier Loan Standards Fail to Boost Demand, Fed Survey Shows

Government Bails Out Bank CEO After He Expenses Mansion, Jaguar, And Porsche

MAP OF THE DAY: The 22 Cities At Risk Of A Double Dip

Fortune: Is this finally the economic collapse?

Rebuttal To David Harvey's "Econopocalypse"

A few days ago, I posted a speech by Marxian Economist David Harvey in a video titled "Econopocalypse: David Harvey's Talk At The Royal Society Of Arts Taken Up A Notch With Whiteboard Doodles".

Today, I found a rebuttal to Harvey's talk titled "Crisis of Capitalism, The Critique". If you never viewed the orginal Econopocalypse video, I would suggest you do so before you see the following rebuttal.

Enjoy.

Move Your Money

Charlie Gasparino Warns Against Banks Wanting Another Bailout

Charlie Gasparino says if unemployment goes to 11%, watch out. Banks will be going back to the government for more loans. He says Wall Street hasn't learned any lessons here. He says banks aren't lending and that Goldman Sachs is now a commercial bank with cheap borrowing from the Fed which goes to bonuses and preparations for the next bailout.

Gasparino says cut the umbilical cord now. No more bailouts!