In theory, this group exists to safeguard the integrity of the multitrillion-dollar market. In practice, it also defends the dominance of the big banks. The banks in this group, which is affiliated with a new derivatives clearinghouse, have fought to block other banks from entering the market, and they are also trying to thwart efforts… Continue reading Post-Meltdown, Banks Still Rule Derivatives Trade
On Nixon Tapes, Disparaging Remarks About Ethnic Groups
Richard M. Nixon made disparaging remarks about Jews, blacks, Italian-Americans and Irish-Americans in a series of extended conversations with top aides and his personal secretary, recorded in the Oval Office 16 months before he resigned as president. From On Nixon Tapes, Disparaging Remarks About Ethnic Groups – NYTimes.com That’s our Nixon.
Hive-minds and Kleptocrats
Stross is a spectacularly good contemporary science-fiction author, brimming with ideas, who also has a stimulating blog, where his latest entry asks why things are so messed up. His proposed answer is that we’ve been invaded by alien organisms — namely, corporations: Corporations do not share our priorities. They are hive organisms constructed out of… Continue reading Hive-minds and Kleptocrats
Tea’d Off
I didn’t like Bill Clinton: thought he had sold access to the Lincoln Bedroom and lied under oath about sexual harassment and possibly even bombed Sudan on a “wag the dog” basis. But when I sometimes agreed to go on the radio stations of the paranoid right, it was only to be told that this… Continue reading Tea’d Off
How starving the beast makes us fat
tax cuts that are not matched by spending cuts actually result in increased government spending – for the citizenry as a whole, the pain of payment for products received has been eliminated. When we receive government services without paying their full cost, we consume more such services. If every spending initiative had to be matched… Continue reading How starving the beast makes us fat
How starving the beast makes us fat
tax cuts that are not matched by spending cuts actually result in increased government spending – for the citizenry as a whole, the pain of payment for products received has been eliminated. When we receive government services without paying their full cost, we consume more such services. If every spending initiative had to be matched… Continue reading How starving the beast makes us fat
How starving the beast makes us fat
tax cuts that are not matched by spending cuts actually result in increased government spending – for the citizenry as a whole, the pain of payment for products received has been eliminated. When we receive government services without paying their full cost, we consume more such services. If every spending initiative had to be matched… Continue reading How starving the beast makes us fat
Where is the Palestinian Gandhi? If such a man exists, he is sitting in an Israeli military prison
Abu Rahmah’s crime was organizing illegal demonstrations in a West Bank village where all demonstrations are by definition illegal. Abu Rahmah, 39, had long been involved in peaceful, multiethnic protests in the village of Bil’in, where Israel’s separation wall has cut Palestinians off from hundreds of acres of their land. Though barely covered in the… Continue reading Where is the Palestinian Gandhi? If such a man exists, he is sitting in an Israeli military prison
Leaked Fox News Emails Show Deliberate Slant On Health Care Coverage
It’s no secret that Fox News’ political coverage isn’t always quite “fair and balanced.” But emails obtained by Media Matters show that Fox News’ Washington managing editor Bill Sammon urged his staff to actually echo Republican talking points on the health care debate. From TPM LiveWire Fair and balanced.
Chrome Apps: The New York Times
Chrome Apps: The New York Times
The web sure is a’changing. Check out the Chrome-optimized version of the NY Times. It works in other browsers, but it’s noticeably faster and more rich in Chrome (at least compared to Firefox 4). Very nice. The rest of the article has similarly nifty “web apps” for Chrome.