Capitalism creates CRISIS!

Course Blog for Soc 3151: Social Issues and Social Policy at Baruch College

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Archive for September, 2008

Who are the happiest people in the world?

Below I have posted a link to ABC news. If you do not have time to read the article you should watch the video.
The link, I believe, relates to what we talk about in class – the difference between the social democratic model of welfare (Keynes) and the liberal/conservative model (Friedman). I believe the main [...]

Welfare rolls on the decline?

I found an interesting article in NY times about the number of people on welfare is declining even though we are in a recession.

Benz’s in da Hood!

Just a thought I would like to share with the class about something I noticed over the years. Now, I used to live by the projects in Coney Island, Brooklyn (not actually in the projects but close enough) for many years. Every time I used to go somewhere I always used to drive by the [...]

The welfare queen isn’t the only one cheating the system

http://www.nytimes.com/2008/09/26/nyregion/26fraud.html?_r=1&ref=nyregion&oref=slogin

 
I found this earlier today.  It just goes against alot of the stereotypes in the books and articales we’ve read in class. 
Welfare cheating has become a business for some people. People who would be making more than enough are stealing from the government, because they work for cash busniess it’s pretty unfair. 
Welfare cheats, come in all different colors and walks of [...]

Erik

As promised….. Erik.

Now to be fair – he didn’t actually dress like this. We ended up at Jurgen’s family compound one night because it was too late to go back to town (Storuman) and when we got there it was FREEZING so we all found whatever clothes we could to put on to sleep in. [...]

The Answer to Generational Welfare? He thinks so…

Senator John Labruzzo (R) member of the Louisiana State House believes that generational welfare is a major problem in Louisiana.
[youtube http://www.youtube.com/watch?v=PsRgp6qSK...[/youtube]
Here are two other news clips on the same topic with some more detailed information:
[youtube http://www.youtube.com/watch?v=_D9DvlIXT...[/youtube]
and
[youtube http://www.youtube.com/watch?v=W0z3zsLdL...[/youtube]
Absent from these videos is the following discussion: Payment for the reversal of the tubes, and/or IVF (aka invitro – if normal intercourse is not an [...]

Welfare and Children

the last two readings that we read and touched on wednesday talked about some big issues in welfare possibly the biggest issue which is the children on and affected by welfare.  when i read through these readings it made me realize how much these children do get affected and that children are a really big [...]

Family Caps

This is an interesting article regarding the “Family Caps” that we spoke about in class. The article has a more conservative lean, which I thought might be appealing.  <http://www.i2i.org/main/article.php?article_id=439>
 
My favorite part of the article is when the author points out that when a working family has more children, their employer doesn’t go and give them a raise—similarly, [...]

A better world…

For those of you who haven’t seen this video, look at it when you have sometime. Its a nice comparison between the welfare systems of America and some countries in Europe. Its sad to see how crappy our health care system is, compared to Britain, Canada and France.
 http://www.megavideo.com/?v=6GLO6VSV

“Welfare Queens”

So in “Let them eat Ketchup” I thought it was interesting how she refered to those women on welfare as”welfare Queens” because these women are never going to get off the system- insteasd of using this system as a stepping stone they just make it their lives. Another interseting point that the author made was [...]

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RSS Naked Capitalism

  • Links 11/7/09 November 7, 2009
    Three bald bears perplex experts BBC Antidepressants and Violence EconoSpeak. One of my pet peeves is how psychoactive medications are handed out like candy in the US. Just go to your MD, say you are exhausted, and once they eliminate anemia, chronic fatigue syndrome, and low thryoid, they assume it’s in your head and will offer [...] […]
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    David Einhorn, who enjoys his considerable reputation for hard-fought battles against firms with shaky finances and dubious accounting (Alliance Capital and Lehman), has taken aim at a new and equally deserving target: credit default swaps. In an interesting bit of synchronicity, Einhorn’s comments in a letter to investors overlap to a considerable degree w […]
  • Guest Post: Investor Psychology … Fear Turns People Into Sheep November 6, 2009
    By George Washington of Washington’s Blog. Investors are basically rational, right? In fact, as many studies have demonstrated, the answer is no. But instead of wading through all of the investment psychology research, let’s look at research into people’s basic reasoning abilities. Bear with me for a minute. A study in an area unrelated to investing sheds li […]
  • The less optimistic view of Treasury’s handling of the crisis November 6, 2009
    By Edward Harrison of Credit Writedowns The Obama Administration is captured. To understand why it has acted as it has, one doesn’t have to take the view that its efforts to save the banking industry were a deliberate attempt to line bankers’ pockets by transferring money from taxpayers to the banking industry. One need merely read [...] […]
  • Links 11/6/09 November 6, 2009
    Newborn Babies Cry in Native Tongue Live Science (hat tip reader John D) Understanding long term chronic pain symptoms from minor motor vehicle accidents RFK Action Front, This is intriguing. Second Life creates virtual world for businesses Raw Story (hat tip reader John D) Fannie Mae’s results – oh, and what if Bank of America reported the [...] […]

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RSS Naked Capitalism

  • Links 11/7/09 November 7, 2009
    Three bald bears perplex experts BBC Antidepressants and Violence EconoSpeak. One of my pet peeves is how psychoactive medications are handed out like candy in the US. Just go to your MD, say you are exhausted, and once they eliminate anemia, chronic fatigue syndrome, and low thryoid, they assume it’s in your head and will offer [...] […]
    Yves Smith
  • Einhorn: First, Let’s Kill All the Credit Default Swaps November 7, 2009
    David Einhorn, who enjoys his considerable reputation for hard-fought battles against firms with shaky finances and dubious accounting (Alliance Capital and Lehman), has taken aim at a new and equally deserving target: credit default swaps. In an interesting bit of synchronicity, Einhorn’s comments in a letter to investors overlap to a considerable degree w […]
    Yves Smith
  • Guest Post: Investor Psychology … Fear Turns People Into Sheep November 6, 2009
    By George Washington of Washington’s Blog. Investors are basically rational, right? In fact, as many studies have demonstrated, the answer is no. But instead of wading through all of the investment psychology research, let’s look at research into people’s basic reasoning abilities. Bear with me for a minute. A study in an area unrelated to investing sheds li […]
    George Washington
  • The less optimistic view of Treasury’s handling of the crisis November 6, 2009
    By Edward Harrison of Credit Writedowns The Obama Administration is captured. To understand why it has acted as it has, one doesn’t have to take the view that its efforts to save the banking industry were a deliberate attempt to line bankers’ pockets by transferring money from taxpayers to the banking industry. One need merely read [...] […]
    Edward Harrison
  • Links 11/6/09 November 6, 2009
    Newborn Babies Cry in Native Tongue Live Science (hat tip reader John D) Understanding long term chronic pain symptoms from minor motor vehicle accidents RFK Action Front, This is intriguing. Second Life creates virtual world for businesses Raw Story (hat tip reader John D) Fannie Mae’s results – oh, and what if Bank of America reported the [...] […]
    Yves Smith