Kevin Kallaugher's work for The Sun and The Economist has appeared in more than 100 publications worldwide, including Le Monde, Der Spiegel, Pravda, Krokodil, Daily Yomiuri, The Australian, New York Times, Time, Newsweek, U.S. News and World Report, and The Washington Post. His cartoons are distributed worldwide by Cartoonarts International and the New York Times Syndicate.
© CartoonArts International/CWS - All Rights Reserved.
Jen Sorensen by Jen Sorensen
Steve Kelley by Steve Kelley
Comments (17) (Please sign in to comment)
ConserveGov said, 6 months ago
That’s us after 4 more years.
omQ R said, 6 months ago
Hmm, looking at this cartoon it brings back a flood of memories.
Tidal pools can be dangerous. When I was about 8, my younger brother and I almost drowned in the Indian ocean because of a rip tide, just off a beach protected by shark nets. I distinctly remember fearing more about being eaten by a shark as I was drowning. (there’s that shark lurking in KAL’s background!)
Fortunately, my brother and I were plucked out of the sea by 2 life-guards.
She’s not Baywatch but could Angela Merkel lead the saving of the Greeks? Hmm.
Ottodesu said, 6 months ago
Might not happen to the USA if you folks implement proper financial regulatory systems. LIke should have been done before silly Greece got hooked up with your financial products.
While Wikipedia is not the final reference authority, it’s a good start, and it says this:
“The complex structures were designed by prominent U.S. investment banks, who received substantial fees in return for their services.16
http://en.wikipedia.org/wiki/Euro_crisis
Ottodesu said, 6 months ago
That link 16 winds up at the New York Times:
http://www.nytimes.com/2010/02/14/business/global/14debt.html?pagewanted=all
Radish
said, 6 months ago
Our stock market and banks have been thieving for a long time. In Charles Dickens book A Christmas Carol there is a story about bad American stocks.
omQ R said, 6 months ago
@Radish
Wow, that far back already? Tch. But wasn’t it the Flemish or Dutch who created the 1st stock market? How fair is theirs now since the tulip crash of 1637?
Ms. Ima said, 6 months ago
@Ottodesu
Don’t worry, O won’t allow any implementation of any ‘proper financial regulatory systems’. It would stand in the way of his ability to spend like a drunken Kennedy. You just don’t get America, do you?
mickey1339
said, 6 months ago
@Ottodesu
Very weak argument. Since you only quote one line out of context, you ignore the deficit spending, over financing of government workers benefits, cradle to grave social services and a property bubble that popped. The Greeks did most of their “restructuring” in 1992. Many other European countries implemented credit default swaps, derivatives, and MBS. The article quotes heavily Paul Krugman and his commentary, a classic very liberal economist. It’s a much more complex situation than you allude to and so conveniently blame on US investment banks. Your own investment banks instituted their own failed financial instruments which heavily impacted France, Italy, Ireland and others.
1opinion said, 6 months ago
It’s not worth responding to the uninformed on this site.
To unwilling to take a broader view.
ruff
said, 6 months ago
@Ottodesu
Otto, that was a good link. Thanks.
MortyForTyrant said, 6 months ago
It’s not about debt, it’s about currency manipulation. Just today Moody’s downgraded the ESF. They sit in London, outside the Euro-zone, and they work for the City of London and the NYSE. They do the dirty work of keeping Europe down so that Dollar and Pound don’t collapse any further. Or to borrow the words of John McCain and applying it to Europe: “The fundamentals of the economy are sound”. It’s just a shell-game by Wallstreet-criminals, and they should be put against the next wall and shot…
Radish
said, 6 months ago
Goldman Sachs is doing the same thing to us as they did to Greece.
Radish
said, 6 months ago
@omQ R
The tulip crash was a mania, like Beany Babies. Not saying Americans invented stock fraud, just saying they were doing it by the 1840’s, the time of Dickens.
Stipple said, 6 months ago
Tickle me tulips?
I want one for christmas.
ruff
said, 6 months ago
@Radish
Why restrict it to Goldman Sachs? The whole of the investment banking ‘industry’ is based on robbing from the small investor. Who pays for the ‘profits’ they make by computerized millisecond trading?