"No matter how paranoid or conspiracy-minded you are, what the government is actually doing is worse than you imagine." - - - William Blum

March 21, 2008

Bits and Pieces for the Week of March 16 - 22

"How the U.S. Economy Collapsed with Corruption Everywhere" (Mike)

Exceptionally well-written and sobering article about the seemingly inevitable and impending war with Iran. (Mike)

Oh my. The Veterans Administration destroys life-saving research materials. (Mike)

One of the handful of authors who enticed me into reading a lot as a child and piqued my sustained interest in science, space and science fiction was Arthur C. Clarke. May the memory of his stellar work forever flourish. (Mike)

E-voting machine manufacturer threatens voting machine security expert with lawsuit if he tests the machine for security flaws. Hmmm, something to hide? (Mike)

I have to admit, this is a remarkable speech. Could you imagine Hillary Clnton or John McCain giving one this passionate and outreaching? (Mike)

"Greenspan warns of worst crisis since World War II". "Writing in the Financial Times, the former Fed chief said much of the financial system's risk-valuation models failed, not because they were too complex but because they were 'too simple to capture the full array of variables governing that drive global economic reality'." I guess he left greed out of the equation!! (7 of 6)

The Carlyle Group: Fed just made matters worse, says Carlyle. When did bu$h Sr. bail? His cronies? How much profit did they abscond with before the downfall? (7 of 6)

"Since the global economy has depended on one bubble or another for some time now you could say the bubble in stupidity has been the longest running one at thirty years and counting." (Mike)

Even Great Britain is preparing... "Wall Street fears for next Great Depression" (7 of 6)

I can't resist story's with headlines like: "Republicans See Storm Clouds Gathering" Payback bitches!! (7 of 6)

Finance giant Bear Stearns was just bought for one-tenth of what was its value just last week. A sign of things to come? You can bet the house the farm the estate your life on it. Full story here. (Mike)

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