Archive for March 21st, 2007


I love the smell of Watergate in the morning

Bush is on the defensive about the war while furiously trying to stonewall the investigations. How Nixonian.

And we all know what happened to Nixon.

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March 17 L.A. antiwar protest photos

Iraq Veterans Against the War. March 17, L.A. protest

115 photos of the LA demo are now on Flickr, including this one.

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41 mortgage lenders have gone belly-up since late 2006

That’s up from 16 as of Dec. 2006. What more instructive example could there be of the boom-and-bust, greed-is-good, predatory nature of capitalism than this ongoing train wreck where millions will lose their homes as a few got wealthy?

Wall Street investment banks gorged themselves on the profits from junk mortgages sold to them by sleazy brokers who misled buyers. Now it’s blowing up in their faces. While some of the more obvious criminal of the mortgage companies will have executives going to prison, few if any of the investment bankers whose greed helped fuel the subprime debacle will serve time. So, you see, even in the world of finance, the class system exists.

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Natural disasters will increase due to global warming

This means more floods, hurricanes, and tidal waves. Beachfront property, anyone?

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