Tuesday, February 17, 2009

The revolution will not be televised.

Taxpayers gave money to banks so they could increase lending and ease up the credit crunch, right? Well, the ones that received money actually cut lending!



GM to cut 47,000 jobs worldwide and ask for more US taxpayer money.

Way to go Congress?


Cybercrime is big big money. Does Wall Street have a piece of that action too?

Will anyone mind if I interchange the phrases "Wall Street" and "organized crime"?

Surprise, lobbyists helped protect financial fraud:
The cycle during which the Stanford Financial Group gave the most in political contributions was 2001-2002. That may have been because, at that time, Congress was debating the Financial Services Antifraud Network Act, which, according to CRP, would have "created a computer network linking the databases of state and federal banking, securities and insurance regulators to curb financial fraud." http://tpmmuckraker.talkingpointsmemo.com/2009/02/after_lobbying_from_stanford_senate_killed_bill_to.php

Uh oh, bank nationalisation gains ground with Republicans Why?

Good news for defense/security companies and The War on Terror? "Extreme violence" coming home.

Make a few accusations against someone in New Zealand and they lose their internet connection.

Written yesterday in a blog you might want to bookmark:
A creepy feeling ushers in President's Day this year as the suspicion grows that nobody in charge of anything knows what what to do next...
http://jameshowardkunstler.typepad.com/clusterfuck_nation/2009/02/presidents-day.html

Your Job:
Watch less television and do something positive with that time. There's good programming on TV. I don't watch much of it, but when I do, I enjoy movies and occasionally things like the the Discovery Channel or Comedy Central. We need to relax to regenerate and sometimes after a long day some mindless entertainment does the trick. It's easy however to overdue it. Maybe researching a topic on the web or reading a book or playing a game every once in awhile is ultimately more rewarding. Do what you want, but remember that as a nation we are what we consume. Happy Tuesday! :)

2 comments:

  1. Watch less television and do something positive:
    Clay Shirky in this lecture
    http://blip.tv/file/855937
    (let it load in the bg and skip to about 03:42)
    suggests that, to that date, Wikipedia was the product of 100 million hours of human thought, the same time spent in the US, per weekend, watching just the ads on TV.
    His ideas about the "cognitive surplus" as this lecture goes on are worth watching through, if you can spare the time!

    ReplyDelete