Capitalism creates CRISIS!

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

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Archive for November, 2008

The Welfare Game

nbsp;http://www.welfaregame.com/
I tried to look through older posts to see if this was already put up, but I guess not.
I know this is a spoof, but it brings together what we talk about in class. I love the horoscopes. =]

Is Food-Stamp Use Nearing an All-Time High?

So this is an article I found on NYTimes. It argues how the Washington Post recently had a front page article about rising hunger and how the number of Americans on food Stamps is reaching a “record high” but fails to take into account the fact that the population is growing. Basically, false and exaggerated info is [...]

Children in public housing suffer in school

An article in The New York Times yesterday showed that children living in public housing in NYC preform bad in school. This follows up on the discussion we had in class about how much your environment affects your performance in life.
The researchers suggest that public housing’s culture of poverty offers young people few role models to [...]

Oprah Story on Education

This story had even more great perspective than I remember.  You’ll be very interested to read the story of the college student who can’t keep up because of the lousy prep she got in high school.
 http://www.oprah.com/slideshow/oprahshow…

NYC Public Schools….classrooms in closets?

I found this article and was shocked to see some of the conditions that the Public Schools in NYC are/were teaching our children in.  Classrooms being made out of old closets and bathrooms?  Handcuffs being distributed to the schools?  I think there needs to be a redistribution of the money so that all schools are [...]

Medical Tourism in India

Since we have seen the pbs video on how unfair and expensive medical procedures are in the United States…many people also go to international countries to get the same procedure done..for much cheaper!
India is a booming economy, in which medical tourism is on the rise.
Heart Sugrery in the United Sates       $30,000 vs.    India $8,700
Orthopedic Surgery [...]

Why Doesn’t Costco Accept Food Stamps?

I found this article in the NY Times….not only does it talk about Costco not accepting food stamps but sheds light on the fact that food stamp applications are at an all time high since the country’s economic crisis.  Its states that now the government will have to deal with rising food costs that have [...]

Mac Playing the welfare card

I found this blog on the NY Post website.  I thought it was interesting because it talks about how McCain continues to compare Obama’s tax cuts plan to welfare.  The blogger has interpreted McCain’s use of the term “welfare” to be filled with racial undertones.  as we spoke of in class, maybe the blogger is [...]

Shrinking Economy Strains Food Banks

nbsp;http://www.nytimes.com/2008/11/11/giving…
I recently found this article in New York Times that discusses the major issues faced by many middle-class families in today’s economy. Because of the recent economic issues, many have lost jobs and find it rather difficult to support themselves and their families. Therefore most of these unfortunate people who are now unemployed must turn [...]

Cartoon about Welfare Queens

nbsp;http://www.youtube.com/watch?v=wKBhF3Kx_…
I just found this video on youtube and thought that it was quite interesting that the cartoon wanted to stop funding the poor all together. Giving the money to multinational corporations instead of helping people in our own society.

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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 [...] […]
  • 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 […]
  • 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 [...] […]

Pages

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