The question, Mr. President, is how do you expect to call these bankers onto the carpet when you can't even get them on the carpet?
Continue ReadingWith Larry Summers schmoozing the unemployment numbers, and with the administration jawboning the banks to somehow self-police themselves while otherwise enabling them to maintain business as usual, the fallout continues desperately, disasterously and mostly under-the-radar.
Continue ReadingAs Dubai teeters at the edge of financial collapse, Martin Parr's 2007 shots from Dubai of the filthy rich are like salt in the wound.
Continue ReadingThis Getty/AFP shot, showing a campus policeman at UCLA tasering a student demonstrator yesterday, captures the pain, anger, abuse, degradation and the fury over the outrageous 32% fee hike by the University of California.
Continue ReadingToday, I'm starting another "watch" series starring New York Mayor and financial services mogul, Michael Bloomberg. As a poster child for Wall Street's co-opting of Main Street -- especially after he nearly lost re-election for trying to buy it -- I want to put, and keep an eye on...
Continue ReadingVisual note from the American Bankers Association protests (1, 2) in Chicago...
Continue ReadingYou think Citi or Wells Fargo even paid for the ink to print out the little sign?
Continue ReadingHundreds of financial counselors with the Neighborhood Assistance Corporation of America (NACA) help homeowners process financial information during the 'Save The Dream' event October 16, 2009 at the Cow Palace in Daly City, California. Thousands of people lined up for the NACA Save the Dream event for assistance with...
Continue ReadingI'd like to spend some time looking at work by Ken Light, one of the country's best social and documentary photographers.
Continue ReadingNot that I'm dripping with compassion for laid-off MBAs cast off from the behemoths of Wall Street. What I do appreciate, however (on top of the growing prominence of the hand-made sign as a stimulus for political discourse), is the emotional symbolism here.
Continue ReadingThe photograph is of a couple who live in an underground flood channel beneath the Las Vegas strip.
Continue ReadingPardon the break from the public hysteria over health care for this sobering dose of reality.
Continue ReadingBesides having just scored the kind of publicity money can't buy, I was interested in your thoughts on the symbolism as well as the audacity of the Newsweek "Recession is Over" cover.
Continue ReadingThe beauty of Getty photographer John Moore's image of Schwarzenegger's press conference/photo op as he blasts the legislature while upping state worker furloughs and issuing tax refund, bank and vendor IOU's?
Continue ReadingAfter a bit of a rocky start, the Tim Geithner reboot hits pay dirt.
Continue ReadingOne has only to glimpse this image to intuit the question: how many people suffering the recession are just barely keeping their heads above water?
Continue ReadingEven if it's just an odd glance, the fact Fritz looks aghast -- as well as sealed in the hybrid -- lets me feel a major horror went down today.
Continue ReadingThis is the fourth post of a BAGnewsOriginals series, Grand Rapids Auto, exploring the economic crisis through the life of a family-owned Chrysler dealership. Tony Bickford is a mechanic who has been with the dealership for 12 years. He does all the front end work, brakes, alignments, etc.
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