Belt Tightening

Posted by Katherine | Saturday, November 29th, 2008

On the economy front, this week brought the Citigroup bailout and the addition of Paul Volker and Austan Goolsbee to Obama's new Economic Recovery Advisory Board. Meanwhile, across America, people and businesses are cinching their belts. Adrian Lai in NYC spotted this "Recession Sale" on the streets of the Big Apple: [thedrun ...

In Memoriam to the Boom Economy

Posted by Katherine | Friday, October 24th, 2008

The stock market dove again this morning. Earlier this month, nolionsinengland noticed this memorial in London near the Bank of England. It was created by the artist K Guy and, nolionsinengland said via email, "lasted less than a week." It seems pretty clear that most of the world -- not just ...

A Nerd He Can Believe In

Posted by Katherine | Wednesday, October 22nd, 2008

New York hip-hop vlogger Jay Smooth -- a ballotvoxregular featured here and here -- usually has something to say about whatever the rest of us are talking about. Only he's better at it. This is Jay on the confusion of the economy. He'd like to have "the annoying smart guy" at ...

Stock Market, Meet Sewer

Posted by Katherine | Monday, October 20th, 2008

The stock market rose today, but not enough to overpower the forceful message in this video by globetrotting street artist ABOVE. It shows California graffiti of the market taking a nosedive... into the sewer. (Thanks to volunteer curator Roshan Abraham.) [ABOVE / Vimeo] One of the big questions for undecided voters, of ...

On the Economy: How to Make It Through

Posted by Katherine | Friday, October 10th, 2008

Tighten your belt [reallyboring / Flickr] Yolo Cowboy is willing to say it more starkly than either Obama or McCain seems to: Americans will feel the effects of the financial crisis. He believes that "reality is what we must deal with," fair or not. Yolo Cowboy lives in Esparto, California, with one ...

Financial Crisis 101

Posted by Katherine | Tuesday, October 7th, 2008

If you don't have time for This American Life's Giant Pool of Money or Another Frightening Show About the Economy, then Hank Green (an ecogeek) has boiled down much of the financial crisis into four short minutes. To spice things up, he wears different hats. (Thanks, Sue Salinger.) All clear now? ...

Bailout Planners, Listen Up!

Posted by Katherine | Thursday, October 2nd, 2008

Audio engineer +48volt has a plan. For the Wall Street problem. (Or maybe s/he photographed someone else's plan.) It's one that even the anti-bailout protesters might agree to: you still offer a bailout underwritten by taxpayers... but there's a sliding scale at work. (Thanks, Sue Salinger.) [+48volt / Flickr] This is apparently ...

Citizens Protest the Bailout Plan

Posted by Katherine | Thursday, October 2nd, 2008

Last week, citizens everywhere from New York to Albuquerque to Burbank protested the $700B bailout proposal (thanks, Sue Salinger and James Mills). The common theme: how does this help us? Ryan in Fargo would much rather, thank you very much, have a personal assist from the Fed/Treasury. So he made ...

Financial Crisis: What We Can Agree On

Posted by Katherine | Thursday, October 2nd, 2008

Sue Salinger found this Minneapolis graffiti photographed by Ian, who says, "It's the little, odd things that make my day." Well this little, odd burst of free speech expresses something about Wall Street that surely we all can agree on: [The Joy Of The Mundane / Flickr] It's of course harder to ...

Media and Gas Shortages After Gustav and Ike

Posted by Katherine | Friday, September 26th, 2008

Refinery problems due to hurricanes Gustav and Ike caused significant gas shortages across the southeast earlier this week. AMPinto0123 recorded the gas line at a Costco in Nashville -- the only station of eight in the vicinity that had any fuel for sale. (Hat tip to Sarolta Cump.) Houtopia of ...

Trying to Understand the Bailout Proposal

Posted by Katherine | Wednesday, September 24th, 2008

"No way, no how, no bailout." Read his 6 reasons here. [jakerome / Flickr] It's not just Congress and the campaigns that are grappling with Treasury Secretary Henry Paulson's $700 billion bailout proposal -- citizens are trying to digest it, too. Yves Smith, a finance expert in New York City, is unhappy with ...

The Only Thing We Have to Fear Is Fear Itself

Posted by Katherine | Tuesday, September 23rd, 2008

DeHoll is a grandfather in the DC area who likes to tell stories. This one is visual: in the bread-line statue from FDR's memorial in Washington, DeHoll recalls FDR's Depression-era "the only thing we have to fear is fear itself" -- and he mixes it up with current financial-crisis headlines. ...

Not a Game: Housing and the Economy

Posted by Katherine | Tuesday, September 23rd, 2008

Sarolta Cump found these two whimsical allusions to the mortgage crisis at the root of Wall Street's problems. Jerry from Huntsville, Alabama, feels he is one of "untold thousands" on Flickr who are "seeing and capturing life and the world, every day." Despite the playfulness of this montage he ...

Fundamentals of Her Economy

Posted by Katherine | Tuesday, September 23rd, 2008

Renee from the Midwest -- a "goddess" -- takes photos "to chronicle life." Here she documents two things that are affecting most Americans right now: the economy and the election. The woman in this picture was at an Obama rally in Minneapolis last week, and she had a message for ...

Housing and Financial Meltdown

Posted by Katherine | Wednesday, September 17th, 2008

Maureen Flynn-Burhoe is an artist in Calgary, Canada. She made this mashup back in March but had the foresight to add the shadowy Wall Street bull to the houses -- and voilĂ  -- it represents perfectly what's going on right now: [ocean.flynn / Flickr] Maureen lives in "nonlinear time," so maybe that's ...

Wall Street: Advantage Obama or McCain?

Posted by Katherine | Wednesday, September 17th, 2008

[Mike Licht, NotionsCapital.com / Flickr] Marty Manley worked in the Labor Department under Clinton and has since become an entrepreneur in California. (We featured him once before here.) He thinks the current Wall Street crisis offers Obama a chance to move the campaign story away from Sarah Palin: Obama should schedule a ...

Regulate or Not?

Posted by Katherine | Wednesday, September 17th, 2008

In the headlines worldwide [jovike / Flickr] General Petraeus handed command of MNF-I to General Ray Odierno yesterday -- a moment that might have triggered campaign talk (and invective) about Iraq. But all eyes were on Wall Street -- and on whether its fundamentals are "strong" or in "crisis." The financial ...