KONY2012 Madness

Kony 2012 spokesperson, and co-founder of Invisible Children, Jason Russell was arrested Friday after San Diego Police found him incoherent on the street. Police said he was banging his hands on the pavement and masturbating. No charges were laid because police said it was a "medical" matter. A statement from Invisible Children, said Mr. Russell was exhausted and dehydrated.

The Devolution of Capitalism

David Stockman's days with Ronald Reagan - and his ringside seat since then, gives him the street cred to comment on what went wrong. From the Mexican Peso crisis, to LTCM, to the GFC of 2007, Stockman sits down with Bill Moyers to talk about what's wrong with America. A former Congressman from Illinois, Stockman served as the Director of the OMB (Office of Management and Budget - the President's chief advisor for the White House) for Ronald Reagan in 1981, when the deficit was less than $1T. When he left, four years later, the national debt was just over $2T. Stockman left the Reagan administration after he was criticised for his comments in an Atlantic Monthly article. His book: The Triumph of Politics: Why the Reagan Revolution Failed (ISBN 0060155604)was critical of his time in the White House. His lengthy interview with Bill Moyers is a serious critique of the Obama Administration. He credits Obama's about face after the election with providing him the impetus to work begin a new book: The Triumph of Crony Capitalism.

Moyers & Company Show 102: On Crony Capitalism from BillMoyers.com on Vimeo.

Economystified: GDP

Economystified: GDP:              How do you measure something that has no physical dimensions?  Can a child tell you he has 3 more units of love per hour for th...

The Big Lie - The Daily Beast

The Big Lie - The Daily Beast
Michael Thomas writes beautiful prose. His description of the violence that will follow the soon-to-be uprising will be a spendid rebuttal to more than 30 years of greed and graft. Recently, I watched a wonderful BBC series about the great writers of the Romantic period. William Wordsworth went to Paris to witness the French Revolution first-hand. The relentless bloodletting got to him and he fled back to England. When I peel back the layers of bankers, lobbyists, politicians, and media who participated in the raping of the world, I can understand the need for the wet work. I expect when the killing starts it will be very bad indeed, only stopping after tellers and security guards litter the tops of the piles.

Financial crisis explained | Stuff.co.nz

Financial crisis explained | Stuff.co.nz

Are we fuggin' stupid?

Max Keiser asks the question.