Sad Day in Torino

Ceo of Pininfarina, the same company that designs Ferraris and Maseratis
( and some of the green line trains ) died in crash. Sad to hear. The story

Must Read: Idiots Fiddle While Rome Burns

Back in the States, something beyond cognitive dissonance is occurring — this is full blown case of dementia unfolding in the public sphere. When this era of excess and absurdity is treated by historians in the future, the question I expect to be asked most is not why many of these people weren’t jailed for their financial felonies. Rather, I expect them to wonder why so many of these folk weren’t placed in protective custody, and heavily medicated, for the only rational explanation for their statements and behaviors is that they have gone so far beyond the bend as to be completely and totally insane.

Massively over-leveraged companies? Blame short sellers.

Wildly under-capitalized financial firms? Blame rumors.

Heinously poor corporate management? Blame a Senator.

It is as if someone is running around Washington D.C. with a ball-peen hammer, smacking senior government officials on their skulls. If you find the standard finger pointing hard to fathom, perhaps blunt head trauma is a better explanations for the absurdities proferred.

Idiots Fiddle While Rome Burns digg it!

From one George to another

US Energy Policy Costanza Style watch it

Al Gore Is One of a Kind

His new presentation on the Global Warming Crisis is even better than the first one. Take a look here

Fox Network - On air Propaganda comment

Fox Network Propaganda called out on air.

I was wondering how those people actually work there? Do they believe what they say or are they just collecting a paycheck.
Maybe a combination of both.

Digg the Alternet Story!

From TheOnion: Diebold Accidentally Leaks Results Of 2008 Election Early

Too Funny

Thanks Chris for the Link!

Banks Can’t Lose, Wish I could run a business like that…

If this bailout passes, banks will pass the risk over to the tax payers.

Home Owners Who Pay Their Mortgage –> $$$ –> Banks

Home Owners Who Walk Away –> 0 –> Banks < — $$$ <– Government <– $$$ <– Tax Payers

So, let me get this straight. I take on lots of risk running my business, I make a mistake and ask the government to bail me out. You joking! For an administration following laissez faire policy I’d like to see how they accept this taxpayer robbing. If they do we could amend the policy to laissez faire only if it’s profitable.

Which brings me to another thought. What if the administration privatized Social Security and that was invested in mortgage backed assets…

Amazon Web Services Goes Down

Click here for the story.

It’s not all so bad. At least they get their name out there. I’m sure there are little startups out there asking themselves what’s Amazon S3?

The Irony of supply siders

No Free Lunch

Is the 11 oclock news just propaganda?

Read this

For the first time in human history, there is a concerted strategy to manipulate global perception. And the mass media are operating as its compliant assistants, failing both to resist it and to expose it.

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