Social Welfare Institutions

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That’s Pretty Smart, Mr. Swashbuckling Capitalist

April 3rd, 2008 · 2 Comments

This comic refers to the financial crisis the United States is currently facing. The crisis is a very complicated situation, but I’ll try to bring up the main points:

From 2001 to 2005, the value of homes in the United States increased sharply. Because their homes increased in value, many homeowners borrowed money from what they […]

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Tags: BEARCAT · Recession

Deregulation as a Quick Fix

February 11th, 2008 · 1 Comment

This New York Times article talks about the role of deregulation and easy credit that has created the subprime meltdown our economy is struggling with today. One passage reminds me of what we discussed in class on neoliberalism:
“Is anyone ever going to wake up to the fact that there is a lot of larceny in […]

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Tags: BEARCAT

John Pham

February 4th, 2008 · No Comments

When I have nothing better to do in my free time, I read user-submitted stories from websites such as Slashdot or update my very foolish blog. I really enjoy playing touch football at Columbus Park, Chinatown whenever I get the chance.

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Tags: BEARCAT · INTRODUCTIONS