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Economics

This tag is associated with 32 posts

Nov. 23 and 24 are Adbuster’s Buy Nothing Day

Better late than never, more Black Friday food for thought:

Until we challenge the entrenched values of capitalism – that the economy must always keep growing, that consumer wants must always be satisfied, that immediate gratification is imperative – we’re not going able to fix the gigantic psycho-financial-eco crisis of our times.

The journey towards a sane sustainable future begins with a single step. It could all start with a personal challenge, such as this: make a vow to yourself to participate in Buy Nothing Day this year. This November 23rd, go cold turkey on consumption for 24 hours … see what happens … you just might have an unexpected, emancipatory epiphany!

Buy Nothing Day is legendary for instigating this type of personal transformation … as you suddenly remember what real living is all about … you sense an upsurge of radical empowerment and feel a strange magic creeping back into your life.

Join millions of us in over 60 countries on November 23/24 and see what it feels like. Then, after Buy Nothing Day, take the next step … for generations, Christmas has been hijacked by commercial forces … this year, let’s take it back.

CLICK HERE for more info.

A thought for Black Friday….

Black Friday: Because only in America, people trample others for sales exactly one day after being thankful for what they already have.

I hope all y’all in the US had a good Thanksgiving….

[via Being Liberal]

GM calls latest Romney auto ad ‘politics at its cynical worst’

Watch the ad above. Smdh, when will the lying from the Romney-Ryan campaign stop??!


Republican presidential candidate Mitt Romney has broadened his attack on President Barack Obama’s auto industry restructuring, implying that General Motors used the aid to hire more workers in China than in the U.S.

“Barack Obama says he saved the auto industry. But for who? Ohio or China?” says the narrator in a radio spot running in Ohio. “Under President Obama, GM cut 15,000 American jobs, but they are planning to double the number of cars built in China, which means 15,000 more jobs for China. And now comes word that Chrysler plans to start making Jeeps in, you guessed it, China.”

GM quickly defended its performance.

“We’ve clearly entered some parallel universe during these last few days,” GM spokesman Greg Martin said. “No amount of campaign politics at its cynical worst will diminish our record of creating jobs in the U.S. and repatriating profits back to this country.”

Separately, Chrysler CEO Sergio Marchionne used an e-mail to employees today to refute the implication in a Romney TV ad that Chrysler may move all Jeep production from the U.S. to China.

CLICK HERE to read the rest of the article at the Detroit Free Press.

[Video] Barack Obama’s answer to the question, “Are you better off today than you were four years ago?”

Barack Obama’s Response Ad to Mitt Romney’s Reagan-swaggerjacked attack line, “Are you better off today than you were four years ago?”

This is the spot that should have come out months ago, but better late than never. They can’t stop pushing because it’ll be close no matter what, but I think this election is pretty much in the bag despite what some deluded conservatives may think.

For more: BarackObama.com/forward

Wall Street Journal: U.S. Adds 240,000 Jobs in January – Unemployment falls to 8.3% [Video]

Congratulations in advance to President Barack Obama on his re-election for a second term. The dude 30 seconds in pretty much has it right. Unless the economy goes south, an Obama re-election is a lock IMHO….

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