Pumping the yuan to save the $$?
Wed Jul 02, 2008 at 11:44:00 PM PDT
BushCo's fatal delusion.
It shines the light on an unpleasant fact: "investors" bailed out of those CDOs and freed from SIVs with public money, take the profit from short sales and hot-foot it to China, leaving no money for modest Main Street loans.
Crime stoppers
Mon Feb 25, 2008 at 11:41:06 PM PDT
Detective Robert Davis at 360-473-5361 is deeply troubled, and urgently needs your help. Banks in Bremerton Washington have been vandalised, but nothing was taken from them as they stood open to the four winds.
Watch the Video.
Send Bush a postcard, today:
Sun Jan 13, 2008 at 03:39:20 AM PDT
We DID know better :: from Silverado to SIVs
Thu Dec 20, 2007 at 11:42:14 PM PDT
The Dead Hand of Managerial Capitalism
Mon Dec 17, 2007 at 01:27:42 AM PDT
Outlawed peretuities have secretly stolen the planet. Here's how to snatch it back.
Prescriptions for the Redistribution of Wealth and Responsibility
in the Twenty-First Century
The Easter Island Probability
Fri Jan 06, 2006 at 05:52:16 AM PDT
The Technology Trap
(l'Engrenage technique) Pub: Gallimard, 266 p; by André Lebeau
Reviewed for Le Canard Enchaîné by Jean-Luc Porquet
When, in 1722, the Dutch navigator Jacob Roggaveen discovered Easter Island he observed only barren grassland. Not a tree on the horizon. Only 400 inhabitants eked out a miserable existence, sustaining themselves on vegetables and chickens. Without trees, therefore without wood or any sort of vessel, they were unable to go out fishing in the surrounding waters, rich in all species of fish. Divided into eleven strongly heirarchised tribes, each of which boasted a leader, they fought fiercely over a territory about fifteen kilometers by twenty.
...why should you care?
Is the IMF already prepared to bail out Citibank loans to Haliburton
Thu Dec 29, 2005 at 05:54:50 AM PDT
and perhaps even Blackstone Security's overdraft (aka: "working capital"?
This is how it would work, were it to happen.
The FT would run a schadenfreude-inspiring piece on how little demand there now is for IMF loans.and how the International Institution will have to live for several years off the profits (interest-rate spread) it had squirreled away following any scandalous speculator-bailout you can name. (Think big, think - erm - Russia.) Maybe the article would be entitled, let's say, something like Falling income: IMF in dilemma as new loans decline(1). If your reading's almost up to date, you'll enjoy the thought of those slathering Wall Street thugs twiddling their thumbs for the next few years, looking for trouble that never comes, over your morning coffee.
But that's not all.
One more NEWSWEEK Diary
Fri May 20, 2005 at 09:37:51 AM PDT
In a show of international solidarity, NewsCorpse's big London (UK) tabloid front-paged Saddam pottering peacefully around his room in his underdungers.
24 hours later, is what we have here a pro-Saddam Media Riot?
If so, here's what a genuine media-made riot might look like. Compare and discuss:
Shiites Stage Mass Anti-U.S. Protests
By ABDUL HUSSEIN AL-OBEIDI, Associated Press Writer
1 hour, 11 minutes ago
A little more below the fold.
Another Great Résistance Idea?
Mon May 16, 2005 at 06:57:15 AM PDT
You be the judge. After all, you're going to have to figure out how best to execute this one.
People have taken to printing out copies of DailyKos threads and handing them around. It's educational, it's free, it's an individual intiative.
More below the fold.
US REHABILITATING KOSOVO's NAZIS
Tue May 10, 2005 at 12:54:29 AM PDT

Monuments are being raised to WWII war crimminals, which US ambassadors representing ButchCo publicly support.
Front Page Réseau Voltaire. Translation below the fold.
OIL, SHORT SELLING, PROGRAM TRADING
Tue May 03, 2005 at 01:13:26 AM PDT


Ouch!! What happened here?
GONZALES Greenlights pillage
Mon Apr 25, 2005 at 11:35:26 PM PDT
As part of the settlement announced Monday, Adelphia's founder John Rigas and other members of his family have agreed to hand over more than $1.5 billion in assets to Adelphia, including a number of cable TV systems.
Adelphia, one of a string of businesses in recent years accused of cheating investors out of billions, will not face criminal charges, Attorney General Alberto Gonzales said.
- - - - -
Associated Press
Adelphia to Pay $700M to Resolve Probe
Monday April 25, 10:58 pm ET
By Mark Sherman, Associated Press Writer
Adelphia Agrees to Pay More Than $700 Million to Resolve Federal Fraud Probe, Government Says
CASH IN ON dirty swimming-pool water!!
Thu Dec 09, 2004 at 10:30:30 PM PDT
I've never liked the taste of Coca-Cola. To me, it's much-vaunted mysterious ingredient tasted a lot like dirty swimming-pool water with regurgitive overtones, as though your dog drank it first and hated it, too. Ever since I can remember, I have not been able to understand how anyone could possibly bear to swallow a second mouthful. I just learned that sales are off 16%, which is sufficient introduction to the article featured in the leading Geneva daily, which I've translated below the fold:
How to crash a listed Corporation
Don't panic: CREATIONISM poll is faked!
Tue Nov 23, 2004 at 07:59:37 PM PDT
Poll: Creationism Trumps Evolution is a CBS headline summarizing a CBS public opinion poll. Among the startling facts:
45% of Bush voters think Creationism should replace Evolution in the schools. (this is the view of: 37% of all voters; 60% of Evangelicals; 50% of those who go to religious services at least once per week)
13% of Americans think that humans evolved and God did not guide the process.
55% of all voters think that God created Humans in their current form.
The poll is a canard!! Trust me! Now read on:
OSCE OBSERVERS>>MONACO>>Expat vote
Tue Nov 02, 2004 at 10:43:25 PM PDT
My carpel tunnel woke me at three thirty this morning. The only cure is to get up and get going. Perhaps my hand was aching to get on with this little translation job which I decided to do for you yesterday.
You won't find these articles on-Line because Nice-Matin serves a vast area of varied communities: rural villages with histories reaching back to the first millennium compete with densely urbanized former tax havens such as Monaco (now EU; signed ten days ago) for space and attention. It's an odd mix of archaïc parochialism (detailled reports of choir practice in the boonies plus opaquely allusive pieces on long-running mega scandals) and jet-set mean-spiritedness. As everywhere else, the real money maker is the classifieds. So they don't publish daily articles on the web; you'll have to trust me on this, though I am eager to scan and post fac-similies on request.
Mr MacMarket's roundup>> crude above $52
Mon Nov 01, 2004 at 04:32:23 AM PDT
before the Open
Crude Prices Vault Above $52
Mon 5:02AM ET - Associated Press
The price of crude vaulted above the $52 mark Monday on news that a strike in Nigeria could affect output in the world's seventh-largest oil exporter, while traders looked for signs of how this week's U.S. presidential election would affect the market...
Plus power outages affecting its' 900 000 bb/d refining capacity in Kuwait, just in time for the arrival of the [over 40's National Guard] Fresh Troops...
Media Training and Rating Kit
Thu Oct 28, 2004 at 03:33:46 AM PDT
Criticism of Corporate media bias is justified, however I often worry about what headcount reductions/early retirement/editorial squabbles have done to institutional memory, training programs and effectiveness. I have put together a Media Training and Rating kit which you can feel free to adapt to specific stories and evolve into faxed LTE's however you wish. There are advantages to using a mock-up layout of internal correspondence, especially when you are feeling like lashing out. If there is a newspaper HQ near you, don't hesitate to deliver it in a multiple-adressee manilla pouch (the things with string latches) to their mailroom.
You will find executives' addresses on the Contacts page of most websites.
A dead rat's brain can fly a fighter jet!!
Mon Oct 25, 2004 at 01:07:49 AM PDT
What a put down for all those gung-ho Top Guns out there!!
From Science Daily
A fascinating article, absolutely packed with Al Franken one-liners ready to roll. Just imagine: rodent neurons seeded on a plate of nutritive solution get the hang of flying a fighter jet (through a flight simulator which presents the machine as the brain cells' body) pretty quick, convincing without a codpiece. Whereas your pResident was grounded and deserted rather than even try.
Here's an idea, among many: can we put Butch in a plate of nutritive solution and find out if we can get him to work properly, or at least as well as a bunch of rodent neurons?
How about a brainstorming? Any other ideas? link to story in extended version.