zerohour | Shared With: Everyone - Sep 30 2008 | blogs, money, economic collapse
The bail-out plan crashed and burned, two British banks collapsed over the weekend, and Asian stock markets fell by five percent in a single day. Oh, and as you probably know already, today, Wall Street lost over 1 trillion dollars in value. So, this is NPR's Planet Money blog and webcast, with contributing editor (and one of my favorite writers from This American Life) Alex Blumberg.
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zerohour | Shared With: Everyone - Jul 05 2008 | of, people, blogs, mortgage, crisis
A link to a link.
From Crimeth.Inc:
Our favorite radio show, This American Life, recently did a hour show examining the current mortgage crisis— the straw that broke the camel’s back and triggered a global financial crisis, the end of which is nowhere in sight. As the U.S. stumbles forward deeper and deeper into a recession, it would behoove those of us who don’t understand what has happened to take a minute to learn about the economic process—which was truly not a major aberration from business as usual—behind the credit collapse that has many economists warning of a new economic depression.
As usual, TAL makes the dry subject matter absolutely fascinating and entertaining, interviewing victims and perpetrators at every level of the travesty, and as they say:
We explain it all to you. What does the housing crisis have to do with the turmoil on Wall Street? Why did banks make half-million dollar loans to people without jobs or income? And why is everyone talking so much about the 1930s? It all comes back to the Giant Pool of Money.
Listen to the show here, for free, by clicking on the ‘Full Episode’ link. For those looking for more details, another radio favorite of ours, Fresh Air, has some more perspectives here, and here. And of course, Wikipedia comes through with 12,000 words on the subject.
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zerohour | Shared With: Everyone - May 04 2008 | bikes, french, blogs, bicyclesShareViewed: 1 Time
zerohour | Shared With: Everyone - Apr 23 2008 | hillary, clinton, politics, news, blogs, election, murder, iran
My sentiments exactly:
Quoted: Indeed, the entire trajectory of Clinton's campaign can be traced as a kind of reification of phallic power as a sad and unnecessary means of attempting to legitimize a female candidate to those enmeshed with the dominant patriarchy, those who might find such a candidate weak simply because of her sex. Such a tactic is bound to fail because by reifying such power, the female candidate merely justifies the perceived and false weakness. In other words, those who live by the Penn, die by the Penn....So there you go, Clinton supporters. Your candidate has told you what she believes about military force. She is willing to make the United States a target for nuclear retaliation and massive terrorist acts should Israel be attacked. Now that's a fuckin' way to tell people to take their hope and shove it up their asses.
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zerohour | Shared With: Everyone - Apr 05 2008 | blogs
these dudes look like my kinda dudes. bikes and indian food: BIG FAT YES!--I'M GOIN!
Quoted: cyclope hébergé par over-blog.com
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zerohour | Shared With: Everyone - Mar 09 2008 | news, bush, blogs
zerohour | Shared With: Everyone - Feb 19 2008 | blogsShareViewed: 4 Times
zerohour | Shared With: Everyone - Jul 11 2007 | blogs, art
stanley donwood at slowlydownward.com
Quoted: Ha ha! Pick the paints with the best names. Cerulean Disregard. Jerusalem Pointless. Scarlet Disaster. Burnt House. Titanium Weapon. Hurt Child. What else?
ShareViewed: 7 Times
zerohour | Shared With: Everyone - Jul 10 2007 | music, culture, blogs, radiohead
A message from Radiohead's blog:
Quoted: Yes I know its been a while ..... but we've been working on this album for a while ...... BUT WE ARE NEARLY THERE ..... ...
Ed
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