Economic crisis continues

Leman Brothers cartoon

Two years after the collapse of Lehman Brothers sparked the greatest financial and economic crisis since the Great Depression of the 1930s, none of the underlying contradictions of the world capitalist system has been resolved: here.

USA: Harrisburg, the capital of Pennsylvania, this week narrowly avoided defaulting on $3.3 million dollars in bond payments due on September 15, but the likelihood of bankruptcy remains: here.

The number of people living in poverty in America rose to 43.6 million in 2009, the US Census Bureau reported Thursday: here.

Mass protests over the killing of an immigrant laborer in LA’s Westlake district combine outrage over police brutality with anger over a growing social crisis: here.

Over five million people in Britain earn less than the low pay threshold, unions have warned: here.

2 thoughts on “Economic crisis continues

  1. From the USA:

    Get Them in the Hearse on Time

    By Paul Kesler

    (sung to the tune of “Get Me to the Church on Time”)

    We’ll bury Wall Street in the morning,
    The funeral begins at nine:
    That’s when we’ll clobber
    All of the robbers,
    But get them in the hearse on time.

    We’re gonna be there in the morning,
    They’ll get comeuppance for their crimes:
    We’ll throw the liars
    Onto the pyre,
    But get them in the hearse on time.

    If you see Geithner,
    Go chop him up;
    Then make Bernanke
    Drink the poison cup.

    Their market rallies are so boring,
    Propped up with stolen public cash:
    We’ll hire destroyers
    To crush their lawyers,
    But get them to the hearse,
    Stuff them in the hearse,
    For God’s sake get them in the hearse
    On time.


  2. Pingback: G20 conference, no solution | Dear Kitty. Some blog

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