American Role Models
Posted on January 15, 2013 in Images
Adding some crucial context: 2012 marked an all-time high for corporate profits as median household incomes continue to decline. Some recovery, eh?
Liberal And Conservative “Equality”
Posted on January 14, 2013 in Images
But the question remains: if these kids are so mired by student loan debt and poor economic conditions that they cannot even see the game, what does it matter?
A New Global Depression?
Posted on January 14, 2013 in Articles
The Article: A New Global Depression? by Richard Duncan in The New Left Review.
The Text: You were one of the very few analysts to predict the full enormity of the financial crisis, writing as early as 2003 of a coming credit crunch that would have ramifications throughout the asset-backed securities sector, necessitating giant bail-outs for Fannie Mae, Freddie Mac and financial-insurance companies, and a possible meltdown in the multi-trillion-dollar derivatives market. This prescience was in stark contrast to the complacency of most mainstream economists. Could you describe how you came to write The Dollar Crisis—what was the course of your intellectual development and what did you learn from your experience as a Far East securities analyst?
I grew up in Kentucky and went to Vanderbilt University. My plan was to go to law school, but I didn’t get in. Plan B was to go to France for a year, picking grapes. I got a job as a chauffeur in Paris, driving rich Americans, and made enough money to backpack around the world for a year, in 1983 and 84. So I was lucky enough to see the world when I was very young. I spent a couple of months in Thailand, Malaysia and Singapore—and even a couple of months there was long enough to realize: go east, young man.
Go east, because?
Ai Weiwei On The Great Firewall Of China
Posted on January 13, 2013 in Videos
Renown for his installation art and uncanny ability to piss off Chinese authorities, artist Ai Weiwei offers a counterintuitive opinion (at least to people who have ever taken a look at YouTube comments) on the civility of the internet.
The Best Jon Stewart Quotes Ever
Posted on January 13, 2013 in Political Cartoons and Quotes
Many would think that an American flipping to a comedy network to get their daily dose of current events would be a nadir in political progress and civic duty. But when that comedy network features the informed, rapier wit of Jon Stewart, a cultural low point quickly transforms into a nightly highlight on the Daily Show. From the tragedy of September 11th to the need to see Osama Bin Laden’s body, we can all learn a lot from the best Jon Stewart quotes ever:
