May 2010 Archives

Welcome Home To Slum Nation


307 Comments

     It's sad to be a citizen of a nation that can't do anything right. While BP was fumbling its "kill shot" into the Deepwater Horizon hole, and the dying pelicans were flopping in the poisoned marshlands, and rumors seeped across the Internet that nothing short of an atom bomb would avail to stop the underwater oil gusher -- not to mention, meanwhile, all the other problems out there, such as the ongoing melt-away...

Out of Darkness


275 Comments

     If the Devil created an anti-city, a place where people would feel least human, Atlanta would surely be that place -- despite the prayerful babble of tongues emanating from the evangelical roller rinks at every freeway off-ramp. One might think: Los Angeles, but that city at least came up with the amenity of valet parking, mostly lacking in Atlanta, where the suffocating heat slows the journey of blood from heart to brain.    ...

Something Happened


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     Everybody in the world is broke, except for maybe Lloyd Blankfein, and he may not end up broke so much as broken -- by a political meat-grinder that is revving up to turn the world's woes and swindles into a new kind of Long Emergency sausage, to be distributed among the roiling, angry masses as a synthetic substitute for nutriment. Call it a synthetic non-collateralized political obligation.     Something snapped in the world...

And Chicks for Free?


273 Comments

     The European Union came up with a trillion dollar bail-out for itself at the dawn's early light. Plus, each member gets a Latvian prostitute, gratis. The Germans will love this. It already goosed the Euro back above $1.30 -- just when they hoped a lower Euro would help them move a few more export goods off the shelves. I expect that Mrs Merkel is already catching an earful. A few hours earlier, her...

Worse Than 1789?


275 Comments

     Senator Levin pretty much had Goldman Sach's Lloyd Blankfein dead in a casket with that now-notorious email from GS's head of sales and trading, Tom Montag, describing one of their billion-dollar investment "products" as "one shitty deal."  Levin seemed to delight in crossing the boundary into the realm of the unspeakable, knowing that even the so-called "family" newspapers and cable TV networks would have to report it. And just to make sure nobody...
 
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