What if a man kidnapped a woman and made her play Grand Theft Auto? Every self-styled moralist in the country would have a field day about the sources of decadence.
Instead, the story goes like this:
TOLEDO, Ohio - A man held a woman captive in handcuffs and an adult diaper for three days while he read Bible passages to her, police said.
Troy Brisport, 34, was charged with kidnapping and felonious assault. Bail was set Tuesday at $400,000.Read below the fold...
Go look at the pictographs, read the little comments on the sides of them and see if you notice some seriously messed up patterns there? That is the link to the wasted money we dump into our for-profit system, though, they try to justify it as the investment we make in innovation. You kind of have to squint and look sideways at the right side top of the page - under "Related" - to find the links to the next part. Read below the fold...
Mike Dennison: How did reform happen elsewhere?
And finally, in Canada, its system of government health insurance for all started in one corner of one province — Saskatchewan — in the mid-1940s and slowly spread across that province and then the country as citizens saw how it worked. It didn't become fully established everywhere until the mid-1960s.
Which brings us back to America, 2009, and our own health-care path. ...
...Why would we keep health insurance tied to employment? Almost nobody likes it.
Read the whole thing. Post it on your blog and any community blog you frequent. Blogwhore in the comments. Send it to your friends. Read below the fold...
Yves: Geithner's bogus "stress tests" for banksters helpless in the face of large-scale, Enron-style fraud
The word you want to keep in mind is "fraud." More great great stuff from Yves (who is to The Big Shitstorm as Jane was to L'Affaire Plame). She got an email interview with William Black, a former senior bank regulator, best known for nailing S&L crisis fraudster Charles Keating. He is currently an Associate Professor of Economics and Law at the University of Missouri - Kansas City.
Not pleasant for the onlooker. Just two examples of Stolberg's stenography on "thought leader" Summers:
Mr. Summers, as many in Washington know, did not arrive without baggage; his Harvard presidency ended in forced resignation in 2006 amid concerns over his brusque management style.
The UK Independent (originally in the Times, but the products of Fleet Street are so much more tangy):
In what could turn out to be the greatest fraud in US history, American authorities have started to investigate the alleged role of senior military officers in the misuse of $125bn (£88bn) in a US-directed effort to reconstruct Iraq after the fall of Saddam Hussein. The exact sum missing may never be clear, but a report by the US Special Inspector General for Iraq Reconstruction (SIGIR) suggests it may exceed $50bn, making it an even bigger theft than Bernard Madoff's notorious Ponzi scheme.Read below the fold...
Ben? Timmy? He's talking about you! John Dizard in the Financial Times:
For all the camera-ready shouting and calm exchanges concerning the risks exposed by the financial crisis, there is one risk that gets no attention: the risk of putting weak people in positions of leadership.
I've been calling around to get a sense of the progress being made on structural reforms of the US securities markets. The answer is: very little, if any. The inside information I can whisper to you is that the inside has no information.
You mean we still don't know how big The Big Shitpile is?