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Managing your money -- heh, heh First of all, you have to love the headline of this Salon.com item. Second, you start to ask yourself, "How in the Lord's holy name did this dirty sonofabitch get that job?" Crooks and liars, all of 'em.
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Morgan Stanley's economists have this to say about the future:
Or, in Thomas Friedman's lingo, "The world is flat." I'm increasingly worried that 2006 will bring about serious economic problems in the United States. A collapse of the housing bubble would lead to severe cutbacks in consumer spending. We can't do debt financing forever, and that's what happened in 2005. Americans' savings rate was -0.5 percent. Meaning, we put it on the charge card (or the mortgage, as the case may be). Ain't no free lunch, chil'ens. |
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Onion: More Companies Phasing Out Retirement Option Ain't it the truth? |
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Candor in retirement The AP reported yesterday that six former EPA chiefs -- that's five Republicans and one Democrat -- are accusing the Bush Administration of neglecting global warming. Here's a money quote from Christine Whitman, former N.J. governor and the first EPA chief under Dubya:
A funny thing happens when you've essentially decided to retire, and your future income and employment hinge on having some credibility: You can be frank. While Whitman was suckling on the Bush Administration nipple, she had to drink their milk, too, so such candor was off-limits. Another interesting tidbit from the article: The current EPA chief agreed that global warming was a real problem, and that humans bear significant blame. Of course he also says the Bush Administration is doing plenty about the problem, so you can see the limits of one's honesty while still in the employ of corporate masters. |
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How Come? The vapid, soulless quality of most music on the radio and the charts is part of the deterioration of the Great American Republic. I asked a while ago where to find musicians who were trying to make sense of this very absurd period of American history. I don't know if anyone can really do that, but Ray LaMontagne at least raises the question. Ray is a musician I'm really excited about. He writes songs for people with brains, and his song "How Come" off his album Trouble is one of his best (but picking the "best" song on this album like picking your favorite Life Saver flavor -- they're all wonderful in their own way.) In "How Come" he seems to address the devestating impact recent events have had on us all. Imagine a tempo and sound something like Joe Cocker doing "Feelin' Alright" along with these lyrics:
Of all the assaults on democracy perpetrated by the Masters of War currently running the show in Washington, one of the greatest is the way they have deflated and undermined the spirit of the American people. Ray's right -- there's a lot of "faces long and grim" in this new world with its national security state and its militaristic view of the world. There's plenty of sanctimony, but not a lot of room for love and peace, in Bushworld. I don't think I'm stretching Ray's meaning too far here. So yeah -- How come? It really is a damned good question. |
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Flippant I guess he thinks he's #1. ![]() |
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You say you want a revolution... A while back, Jason W. asked me if I had become addicted to Google Earth. I admitted I hadn't -- so far, I have escaped that particular addiction. But he showed me some of its features and I'm pretty fascinated by it. I feel dumb now for not grasping some of the implications of the technology sooner. The New York Times has a great article out on why Google is making governments around the world nervous, and it's easy to see why. If little old ladies in Pasadena, or grade-school kids in Ann Arbor can take a peek into Guantanamo Bay, then there might be a security problem for old Uncle Sam, not to mention powers like India or tinpot dictators in Haiti. So who wins when it's Google vs. India? Easy: Google. How would it be in Google's interest to leave a big black blob where India should be? And how is India's national defense a concern for the Google board of directors? Nationalism, meet capitalism. Military leaders in the article are concerned, of course, that "terrorists" or potential military enemies will learn about their defenses via Google. But the other side of the coin is that academics and the general public may learn something, too. Reporters will find innovative ways to use it as a freedom-of-information tool, and to pry open new truths. (That is, if the huge conglomerates who run so much of the media allow it. For example, GE, which owns NBC news, is a huge defense contractor. We may be talking about independent reporters here -- long live the Blogosphere!). This is how technology is going to remake the world -- there will be a dozen issues like this one which force us to re-evaluate our relationships to government structures and our societal organization. Yes, it's that scale of a change. Not just Google Earth, of course, but other pressures like nanotechnology, the coming of Peak Oil, and the existing power of the U.S. government to monitor every phone call, fax, and Web connection in the world with its super-powerful information technology. (remember "Total Information Awareness?" I believe it's here, only it has a different name). They can find out in an instant what you've been talking about, and you'll never know. It does all tie together... There's a moment coming down the pike -- and I think it's coming sooner rather than later -- when our society will realize that we've arrived at this new world we've been heading for. Orwellian nightmares are entirely possible right now, today. The only thing that can prevent this sort of power is if all of us, as citizens, grow up quick and learn to incorporate this new reality into our thinking. It'll be good and bad, but it will be wrenching, and we'll be left with a world that looks and feels a lot different. Disclaimer: By the way, if you steal this idea to write your doctoral thesis, that's cool. Just quote me somewhere in the paper, and send me a copy. I just don't feel up to writing one myself today. |
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A letter to my Congressman I sent this letter to my Congressman today: ----------------------------------------
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Question for the Religious Right As we approach the Christmas season, I have a question for Bill O'Reilly and those of his ilk. As they loudly bemoan the non-issue of Corporate America downplaying "Christmas" and playing up "holidays", it seems fit to ask: Who Would Jesus Torture? |
