April 2010 Archives

A Still Moment


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     George W. Bush was onto something in the fall of 2008 when he remarked apropos of the Lehman collapse: "...this sucker could go down."     It's my serene conviction, by the way, that this sucker actually is going down, right now, even as I clatter away at the keys -- perhaps in slow motion, so that not many other bystanders have noticed yet, and the few who have noticed are mostly too crosseyed...

Where's Rico?


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     It's interesting and instructive to read The New York Times' lead story this morning, Top Goldman Leaders Said to Have Overseen Mortgage Unit. While it pretends to report all the particulars of the huge scandal growing out of Friday's SEC action against Goldman Sachs, the story really comes off as an attempt to create an alibi for the so-called "bank." It pretends that some kind of an intellectual struggle was going on among...

My Hometown and Its Fate


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     I was in my hometown, New York City, over the weekend. Everybody, it seemed, was outside swarming in the streets and the parks in perfect strolling weather. The magnolias and dogwoods were bursting. Anything highlighted in gold leaf was all burnished up. The city's sparkling physical condition was due of course to the spectacular flow-rate of money pouring through Wall Street the past twenty years -- notwithstanding the big burp of 2008.     ...

False Spring


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     In a place like upstate New York, north of Albany, where April is more generally known as "mud season," and the wait for "ice-out" on the big lakes takes forever, and on frigid nights the windigos steal through the tops of the tall pines -- it would seem foolish to complain about perfectly beautiful weather.     We just had a week in the 70s, with more to come. The grass went from ochre to...
 
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