Share on Google Plus Share on Twitter Share on Facebook 1 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend (1 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   4 comments
General News

July 4 th Fireworks Our Own Shock and Awe As Depression Nears

By       Message Danny Schechter     Permalink
      (Page 1 of 3 pages)
Related Topic(s): ; ; ; ; , Add Tags Add to My Group(s)

Well Said 1  
View Ratings | Rate It

opednews.com Headlined to H2 7/6/10

- Advertisement -

Smiley Faces In The Sky Won't Save Us

WITH FIREWORKS TO DISTRACT US INTO LOOKING UP, ARE WE PAYING ATTENTION TO THE DEPRESSION TAKING US DOWN?

- Advertisement -

By Danny Schechter,Author of the Crime Of Our Time

Two days after a jobs report showed how many Americans are down, the nation was looking up -- at fireworks signaling the anniversary of American independence (even as the BP disaster shows how dependent we've become.).

On July 4th, here in New York, my block was jammed with ooing and ahing onlookers as was the whole West Side of Manhattan when the Macy's Department store shot off 40,000 shells at a rate of 1500 a minute and at a cost of $500,000.

It reminded me of deadlier fireworks over Baghdad.

- Advertisement -

This event, symbolically, may have been a shock and awe campaign of an economic war aimed our way, but we couldn't see it.

Across the river in New Jersey, town after town cancelled local shows because they had no money in the budget left for bread and circus extravaganzas.

Oh, how we love our country, reported the Daily News,

"Red, white and boom, boom, boom!

The skies over the Hudson River were transformed Sunday night into a patriotic canvas bursting with bangs 1,000 feet in the air and even exploding smiley faces."

- Advertisement -

We need more than smiley faces these days. The alleged "recovery" is slowing. Many experts don't expect a turnaround until 2011, too late for next fall's elections. Some fear another crash. A few say the Dow Jones Industrial Average is repeating a pattern that appeared just before markets fell in 1929.

In England, The Telegraph reports a truth that many Americans and our media cheerleaders really don't want to see or face,

"With the US trapped in depression, this really is starting to feel like 1932"

Next Page  1  |  2  |  3

 

- Advertisement -

Well Said 1  
View Ratings | Rate It

News Dissector Danny Schechter is blogger in chief at Mediachannel.Org He is the author of PLUNDER: Investigating Our Economic Calamity (Cosimo Books) available at Amazon.com. See Newsdisssector.org/store.htm.

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon



Go To Commenting
/* The Petition Site */
The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Israel Gives All Jews A Bad Name

Is There A Threat of Fascism in the USA?

Free Marketers Going After Occupy Wall Street --Danny Schechter

COG OR COA: WHY IS OBAMA MORPHING INTO BUSH 2?

WHO OWNS OUR MEDIA AND WHY IT MATTERS

WERE THE BANKS TOO BIG TO FAIL OR THE BANKERS TOO BIG TO JAIL?