Heartlessness in Hard Times

Naked Capitalism ran an interesting item today about a family who was looking for help dealing with unreasonableness they encountered in dealing with Bank of America. Today’s post was actually Part 2 of an account of this family’s problems since the main wage-earner lost his job — you can read it all at “Debt Stress [...]

Where will people live after the Big Bubble pops?

If the Big Bubble proposition turns out to be true, the world could be faced with hundreds of millions or even billions of people homeless or under-housed. Where might people live if they lose their incomes and can’t pay rents and mortgages? Some might have the ability to live off the land, join with relatives, [...]

Author of ‘Life Inc.’ Bashes Corporatism, Points to a New Way

Recently I’ve learned about a new book, Life Inc., by Douglas Rushkoff, scheduled for release June 2, 2009. In a recent video, Rushkoff says he believes humanity is at a crucial point, not just a crisis but an opportunity. He thinks this is “probably the first moment in the last couple of hundred years that [...]

Warren Buffet’s simple lifestyle

According to an article in Forbes yesterday, Warren Buffet, the world’s second richest man, prefers a relatively simple life, living in “the same five-bedroom, gray stucco house he bought in 1958 for $31,500.” (See “Homes of the Billionaires.”) The article includes a series of photos of billionaire’s homes, with Buffet’s gray stucco home by far [...]