Day December 24, 2007

USSR collapse as a model?

Jim Kuntsler contrasts the collapse of the USSR vs. the collapse he sees coming here, and thinks maybe Russians were better prepared than we will be. The comparison with the American situation is chilling. For all its gross faults, the…

The problems on the Left

From Zmag, talking about how the major presidential candidates represent pro-war positions. Where does this leave those of us who still see the occupation of Iraq as empire’s most vulnerable point—a key part in the puzzle to build a more…

Super-SIV sunk

The plan to offload all those sinking SIVs into a a special fund where they could be hidden (AKA The Save Citi plan) is dead. No investors could be found for the estimated $350 billion of now toxic SIVs. So…