Archive for September 20th, 2006


Another one bites the dust.

Broadcom CFO resigns abruptly over options probe

An internal investigation at Broadcom shows 1.5 billion in backdated options, the largest amount found at any company so far, something that will force them to restate their income massively for the past several years.

An executive for the company say they deeply appreciate the ex-CFO for being “strong and ethical” - after he apparently got heaved out the window. Hmm, will his presumed golden parachute help cushion his fall? Depends on whether or not he gets indicted, I suppose.

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HP spying may have started in 2005

The HP spying on employees may extend back to 2005, far longer than previously thought, and includes phone records, physical surveillance, attempted planting of spyware, as well as targeting spouses and friends of board members.

HP is saying they are shocked and appalled by what those darned outside investigators did. If so, they won’t need to plead the fifth amendement when they testify before the House next week, right?

HP’s handling of this may well be used in business schools for years to come as an instructive example of precisely how not to handle situations like this.

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Lull in antiwar movement?

The public now opposes the war(s). Bush’s poll ratings are among the lowest ever for a President. His own party is now openly defying him, as witness their refusal to ok Bolton for the UN and their opposing him on all-torture-all-the-time.

So where’s the outrage? Why aren’t there people in the streets? There’s a strange lull happening in the antiwar movement now. In part it’s due to the upcoming midterm elections in November. That giant sucking sound you hear is the energy getting siphoned out of protest and into the Democratic Party where it will be neutralized. That’s always been a major role of the Democratic Party, to render protest harmless. If you think the Democrats retaking the House means an end to the wars, hey, the vast majority of them voted FOR the wars. And will continue to do so.

Another reason for the ennui is that people are maybe a bit burned out. It’s been a tumultuous year. Immigrants Rights marches, anti-Minutemen protests, several major antiwar protests. As one who is active in the ANSWER Coalition, we’ve had a role in organizing all of these, and are currently organizing for another round of antiwar protests on October 28, just before the elections.
Oragnizers don’t lead the movement. The movement leads the movement. Organizers need to be ready for when events create mass dissent. That time is coming, probably sooner rather than later. Right now, the US movement appears to be napping. It’ll wake up soon enough.

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The Pope and imperialism

American Lefist has a thoughtful, comprehensive post on the Pope’s recent inflammatory comments about Islam.

One of the themes.

Imperialism is the magic interpretative key to the discovery of the answers. Through imperialism, the Catholic Church spread its faith all around the world at the point of swords held by the soldiers of Spain, Portugal and France. It is rarely recognized that the old adage, the sun never sets on the British Empire, first applied to the Catholic Church.

Thus, a Church that has often spread itself by use of violence, proclaims itself to be non-violent and to abhor those who aren’t. Not that lots of lay Catholics aren’t non-violent, but rather than the history of Church too often has not been.

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Hold on for this shocker

Willie Nelson busted for marijuana

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