So I was planning to write a long, witty song-and-dance about a theme to which I've occasionally alluded lately: the importance of globalization in this bailout crisis. But then I decided I'd spare the words and write it out as a few easy and very approximate steps.
1. American wages rise with unionization. Capital is captive and cannot go on strike, must actually innovate. Read more about The bailout as epiphenomenon; or, how globalization kicked my puppy
There would have been a problem if the stress tests had been done before the quarter ended, but now that the quarter has actually ended, come to find out the banks were in "better shape" than anyone thought. How con-v-e-n-i-e-n-t! Though they'll still need more of our money. Of course. Read more about Stress tests
The perfect theme song for Barney Frank's committee, when they finally get around to holding hearings on fraud and the financial crisis.
Ohio, Hipparchia, a little night music, and jawbone. Will you check the private messages that I sent you? If they aren't announced to you when you look in, you should see a "Messages" link under your "Post Other Content" link showing (x) unread messaged.
To answer, you don't have to know the person's email -- just type their handle. And if you encounter any bugs, will you let me know? Thanks.
Sure, the NSA probably reads everything, but we can be certain they read our mail... Read more about Private messages
We all want to know how Obama is doing on education, right? I came across an article at Edweek that discusses the pros and cons:
To be sure, his economic-stimulus package shows he is ready to pump far more money into education than Mr. Bush did. And Mr. Obama says he opposes private school vouchers, a consistent Bush agenda item.
Still, some observers see little difference between the two so far—and aren’t happy at the similarities.
Via spazeboy at MLN, writing on behalf of
HCAN CCAG, upcoming healthcare forums in Connecticut:
Connecticut Co-Chairs Tom Swan, Executive Director of CCAG and John Olsen, President of the Connecticut AFL-CIO invite you to one of three health care reform forums throughout Connecticut. Even if none of these are in your area, please be sure to forward this invitation to family and friends who do.
Event: Health Care Town Hall with Cong. Hoyer
"Health care for people; don't bail out insurers!"
What: Club/Group Meeting
Host: Healthcare-Now of Maryland
Start Time: Monday, April 20 at 5:00pm
End Time: Monday, April 20 at 6:30pm
Where: Bowie State University - Florian Hall
From the Facebook page of Maryland Single Payer. Read more about Health Care Town Hall with Cong. Hoyer
[UPDATE One of the good guys, but no answer on fraud at the heart of the financial crisis. So, we keep pulling left --lambert]
I think Barney's been performing under expectations. This may be a nice way to get his attention. My question:
Do you believe that the newest report on TARP from Elizabeth Warren's Congressional Oversight Panel warrants a hearing by Congress into the lack of transparency and accountability in ALL the bailouts so far?
I had an entire post written explaining why I did this auction and how telelvision isn't evil and all that crap. I saved it, but Corrente crashed my browser and I somehow even lost the saved version. That sucks monkey ass as it was a brilliant piece of writing now lost forever. Boo hoo.
So from the top...
Thanks to all who participated.
And I must ask...why preach to turn off your TV? What does that do? There are other peeople in the world, many of whom we should be keeping an eye on and there they are, right on that screen. And there are ways to counter their world views, but you can't do that by turning off the TV. I get that some people think television is a waste of time, but it doesn't have to be. It's a tool, a means to an end. So why not make your own? Read more about AMAZING WORLD wrap-up
He's so cool, he doesn't even watch the news:
"“When you hear he likes ‘Entourage,’ you have to go, ‘That figures,’” said Robert Thompson, a professor of pop culture at Syracuse University. “Anything Obama does is cool by definition. He’s the Internet president, he’s the BlackBerry president, and now, I suppose, he could be called the HBO president.” Obama likes “Entourage” so much he even rearranged his campaign schedule not to miss an episode."
Via BTD at Talkleft.
Personally, I think Blackberries suck, But I have no strong feelings about Obama's tv habits*. Read more about "Defines Cool"