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Econocide – The Hidden Death of America

A startling series on TomGram, by Nick Turse brings to light the human toll of the economic meltdown.

Dramatic Rise in Economic Suicide

Dramatic Rise in Economic Suicide

After David B. Kellermann, the chief financial officer of beleaguered mortgage giant Freddie Mac, tied a noose and hanged himself in the basement of his Vienna, Virginia, home, the New York Times made it a front-page story. The stresses of the job in economic tough times, its reporters implied, had driven him to this extreme act.

“Binghamton Shooter” Jiverly Wong also garnered front-page headlines nationwide and set off a cable news frenzy when, “bitter over job loss,” he massacred 13 people at an immigration center in upstate New York. Similarly, coverage was brisk after Pittsburgh resident Richard Poplawski, “upset about recently losing a job,” shot four local police officers, killing three of them.

But where was the front-page treatment when, in January, Betty Lipply, a 72-year-old resident of East Palestine, Ohio, “who feared she’d lose her home to foreclosure hanged herself to death” shortly after “receiving her second summons and foreclosure complaint from her mortgage lender”? And where was the up-to-the-minute cable news reporting on the two California dairy farmers who “killed themselves… out of despair over finances, according to associates”?

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Posted by on June 5, 2009 in News

 

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