2009-11-05

crash08 `Making Sen$e (of the economy) Paul Solman VIDEOS newshour-pbs

 
One of the few things still working on network television these days is PBS. It survived the full frontal assault of the Bush thugs, and sails happily on to the benefit of us all, as Bill Moyers intended.
 
One signal service has been the various programs that have tried their level best to reduce the complexities (and are they ever) of the machinations of Wall Street to terms a 5th grader could fathom. Paul Solman's Making Sense takes that approach with a vengeance. He seems bent on reducing the irreducible; succeeding about half the time. It don't get no simpler than this.
 
Save this link for the next time you're scratching your head over the latest oligarch scam come undone, or why you and all your earthly possessions are now scattered about the curb in front of your former residence.
 
The 2 1/2 minute video on each home page (lower left for others) tells you all you need to know about the issues covered in that edition. Here are two samples of Paul's great style:
 
crash08 COMMERCIAL MELTDOWN MADE EASY #5.52 making sense-pbs 10-06-09
 
crash08 FORECLOSURE DELUGE MADE EASY #12.18 making sense-pbs 10-15-09
http://www.pbs.org/newshour/video/module_byid.html?s=news01s32b0q793



Nigel Watson  freethinker  727.493.1990 freesense@Gmail.com

"It is no measure of health to be well adjusted to a profoundly sick society." – Krishnamurti
-A good pun is its own reword.

2009-11-03

md SWINE FLU CDC ''GUESSES'' AT DATA DRIVING GOV'T ACTION #9.53 brasscheck-cbswashingtonunplugged 10-00-09

Take ten minutes out of your busy schedule and watch this heads-up, good-to-know news item.
When you're done, come back for the rest of the story... (sorry, Paul).
 
 
As important as the above news is to your health, and that of those you care about, the real news here is the utter failure of our castrated and dysfunctional MSM to bring their immense resources to bear effectively even when, on those increasingly rare occasions, they decide to shine their gigawatt Klieg lights in all those dark corners, aka, their job.
 
 
I had never heard of the show this clip came from, CBS News' Washington Unplugged. While it's true that "unplugging" (canceling all but my broadband service) my own TV 3 days after New Year's Day has left me less in touch with the quotidian inanities of the boobtube, I've still managed to stay informed on the news and news sources.
 
It's also true that I have, for some time, dismissed, out of hand, the gravitas quotient of any MSM news source, save 60 Minutes and one or two others. But, still.... So I pulled up the CBS News home page. http://www.cbsnews.com/
 
 
 
 
Spying a 60 Minutes piece on H1N1, I clicked through thinking there might be a link to the WU clip I'd just watched. No such luck. In fact, the focus of this piece seemed somewhat at odds with the Brasscheck clip.
 
Back at the home page, I clicked on Health http://www.cbsnews.com/sections/health/main204.shtml?tag=hdr;cnav
 
 
 ;seemed like the sensible next step. After scrolling through, I thought I'd give the Vaccine Dilemma clip a try.
 
After a weird 15-second ad with a robotic arm fistbump, I settled in for the 2.13 clip. Seems this one's focus was the long lines and public skepticism as to the safety of the product. Imagine, not taking your government's word. What next, I wondered.
 
The most common sense on offer here was that of a mom/nurse, Michelle O'Brien, who was not convinced the "numbers' (the same ones guessed at in the Brasscheck clip, and the same CDC guy trying to stampede the crowd to get the shot) added up to a viral holocaust. She then said she would "revisit" her decision if the situation appeared more dire down the road; clear; level-headed; those kids are in good hands.
 
Back to the Home page I go, ready to unleash my secret weapon: the Search box! Typing in "washington unplugged", my finger quivered over the Enter key in rapt anticipation. Plunging down, I now had quite a few answers - 507 scattered over 51 pages, to be exact.
 
The first entry solved one puzzle. CBS had only started this program up 28 days after I severed relations with its faux-news division parent. Too, it turned out to be a web-only service; just one of the slew of reasons we need to get to fully-subsidized, basic universal Internet access. Today, if you have the money, you get better news, or, at least , have a chance to. There's a lot wrong with that picture when you think about it. The Internet is a public service, not a profit center. But, I digress (oh, you noticed).
 
So, nearing the finish line, I now pulled up the Home page for Washington Unplugged, or at least tried to. After a minute or two, it was found lurking under the Other button at the end of the topics row:
 
 
Turns out, it's a daily 15-minute webcast. I bookmarked it. From the above odyssey, by now you have figured out that the quest for real news is not for sissies and you'd better pack a lunch.
 
My twists and turns above reveal, to the fullest, how screwed up the news presenting process has become. Maybe it's all those analog execs trying to adapt (poorly) to an onrushing digital universe. Our history as humans tells us that any new technology only works at its max when the ones who use it become the ones who manage it. That I should have to spend more than a minute or so in order to find this site that, on the surface, is providing some quality info of public benefit (any broadcaster's trust) says a lot about how far we have yet to travel to ease access to expository news.
 
 
CBS is a for-profit outfit, Democracy Now is not; it is free for the asking. You may find this video - and many others on this subject via site-search - in seconds. It supports the initial video's conclusions; arguably from a more authoritative source.
 
Shannon Brownlee: Does the Vaccine Matter?
 

Nigel Watson  freethinker  727.493.1990 freesense@Gmail.com

"It is no measure of health to be well adjusted to a profoundly sick society." – Krishnamurti
-A good pun is its own reword.

2009-11-02

civlibs POSSE COMITATUS VIOLATED - FED TROOPS IN ALA (too few cops to maintain order?) Mark Ames alternet 10-24-09

I understand why the corporate media wouldn't cover this, but, I have trouble believing I missed it in the wide array of Indy media I scan daily. I'm also puzzled that the 2 or 3 missives from ACLU every month also failed to mention it (or I missed it there as well). The events reported occurred this past March. Was the ACLU aware of this incident? This is serious stuff; the next step up from Fusion Centers
 
 
., IMHO.
 
Will the people bell the oligarchs for keeps this time?
 
There's never a Teddy around when you need one..
 
http://www.alternet.org/workplace/143485/after_the_billionaires_plundered_alabama_town,_troops_were_called_in_..._illegally
 
 



Nigel Watson  freethinker  727.493.1990 freesense@Gmail.com

"It is no measure of health to be well adjusted to a profoundly sick society." – Krishnamurti
-A good pun is its own reword.

2009-11-01

war CELEBRATING SLAUGHTER War and Collective Amnesia - Chris Hedges commondreams 10-05-09

The best columnist - and conscience - we have
 
 
Of course, being a freethinker, I always want to give equal time to the eloquent rebuttals of the other side...

Oil Tycoon: US "Entitled" to Iraqi Oil  democracy now  10-22-09

In other congressional testimony, the oil tycoon T. Boone Pickens (yes, the hi-tech windmill phony) told lawmakers Wednesday the US is "entitled" to Iraqi oil because of the human and financial toll of occupying Iraq. Addressing the Congressional Natural Gas Caucus, Pickens criticized Iraqi plans to open up oil fields to international bidding. Pickens said, "They're opening them up to other companies all over the world…We're entitled to it…We even lost 5,000 of our people, 65,000 injured and a trillion, five hundred billion dollars."

So, now that you have the POVs on this issue, how do you feel as you weigh the "merits" of both? And, have you ever wondered how god, in his wisdom, put our oil under their land?
 
Too, I guess T. Boone is one who doesn't count all those dead-displaced-and-maimed-on-account-of-us Iraqis as real flesh-and-blood human beings. But, then, who can blame him? He would likely be equally as clueless that the whole adventure was crafted out of thin air, by an administration that had to steal two presidential elections to get the job undone.
 
I could go on....
 

Nigel Watson  freethinker  727.493.1990 freesense@Gmail.com

"It is no measure of health to be well adjusted to a profoundly sick society." – Krishnamurti
-A good pun is its own reword.

future tech ROLLOUT NOTEBOOK COMPUTER tuvie

You're gonna love this!
 
Thanx a bunch, Nonie

Nigel Watson  freethinker  727.493.1990 freesense@Gmail.com

"It is no measure of health to be well adjusted to a profoundly sick society." – Krishnamurti
-A good pun is its own reword.

crash08 COMMERCIAL FED BAILS ON BAILOUT-MOVES TO EXTEND & PRETEND zero hedge 10-30-09

The 5th commenter - #515579, rostholder, and the responses to his comment - explains this more clearly than the author of the item.
 
In sum: BayWalk, and all the other little baywalks, may have a stay of execution; effectuated by kicking the can down the road.
 
The Fed and Treasury are broke. Really.
  • They cannot do a TARP 2-type bailout on the multi-trillions in CRE (commercial real estate) debt over the next 2-3 years.
  • They don't have the cash on hand and they dare not print the gobs needed to do the job.
  • Nor can they guarantee loans into the near future without placing the ability of the government to function in jeopardy when said loans prove bad, as they most surely will.
  • The phrase, "extend and pretend" is simply the latest alliterative mnemonic to summarize yet another in a series of moronic and self-defeating government policies designed to delay, as long as possible, the nation's fateful day of fiscal reckoning. By allowing banks (tacitly agreeing not to prosecute - "criticize" - them for bad banking practices) to extend the bogus (no hope of their ever being repaid) commercial loans in their inventory (that they couldn't unload on anyone else before the roof caved in), the banks can now avoid - for the moment - having to call in those bad loans (virtually all of them), hence taking the loss on their books, hence reducing their required reserves (cash-on-hand), hence leading to being taken over and closed down by the government. See how easy that was?
 
In 1930-1932, Herbert Hoover tried a similar policy of ignore-and-deny. It didn't work then and it won't now. Ole' Herb was the Prez who should have done the bank holiday thing, but he was a freebooter and let the market decide on his watch. We all know how well that worked out.
.
Some other inside -baseball terms used by the writer: QE = Quarterly Earnings; GSE
 
 (link)
 
BTW, the "largesse" for residential RE referred to by the writer is to the banks, to back-up their toxic derivative mortgage loans, lest you think for a moment that the government temporarily lost its mind and actually helped the millions of poor slobs whose star-crossed fortune it was to have actually owned a home when all this went down.
 
http://www.zerohedge.com/article/fed-abandoning-bailout-commercial-real-estate
 
 



Nigel Watson  freethinker  727.493.1990 freesense@Gmail.com

"It is no measure of health to be well adjusted to a profoundly sick society." – Krishnamurti
-A good pun is its own reword.

crash08 JOBS WHAT TO DO WHEN YOU'RE NOT BEING PAID TO DO SOMETHING nyt 10-03-09

pass it on
 
http://www.nytimes.com/2009/10/04/opinion/04williams.html?_r=6&adxnnl=1&adxnnlx=1255606270-SCsw%252bCdfHKii2Y8I3lD6FA
 



Nigel Watson  freethinker  727.493.1990 freesense@Gmail.com

"It is no measure of health to be well adjusted to a profoundly sick society." – Krishnamurti
-A good pun is its own reword.