Not Your Father’s Economy

1949_Futuramic_Oldsmobile_88

Bob Letcher: Remember the ad, “This is not your Father’s Oldsmobile.”—the one with Captain Kirk beaming into his daughter’s Oldsmobile? Well, these days, there isn’t anyone’s Oldsmobile anymore; not yours, not your Father’s, not Captain Kirk’s… it’s all just gone: the nameplate, the jobs, the factories, the towns—and the lights have been turned out. And that’s just at Oldsmobile.

Calling a Disaster a Disaster

Haiti-disaster

Robert Letcher: For decades until the recent economic “troubles”, middle classes readily bought into the elite-serving argument: if we don’t question the morality of—and possible connections between—extreme poverty and extreme wealth, elites will act to assure that most of us will never be as poor as those poor Haitians (best delivered with a Glenn Beck quiver).