Bob Morris @ Mar 18th 2008 22:30 - Category: Credit crisis ;
The cost of insuring debt on some U.S. banks is higher than the cost of doing same for many third-world countries. Consider the spread on bank credit-default swaps, with Lehman currently more expensive to insure than Nigerian debt.
Bob Morris @ Mar 18th 2008 18:30 - Category: Unfiled Tags: Tibet;
WikiLeaks has an archive of 35 videos in AVI format related to the ongoing Tibet protests. The Chinese government is currently actively censoring YouTube videos and news broadcasts that mention the protests.
The archived file with all videos is 231mb which they ask be mirrored and they also have the videos available to view individually.
The Chinese Government receives the George Orwell Doublespeak Award of the Day for blaming the Dalai Lama for Chinese troops opening fire on defenseless, peaceful protesters.
Bob Morris @ Mar 18th 2008 14:30 - Category: Unfiled ;
To further confuse things, The Leningrad Cowboys are actually Finnish and look more like Devo than cowboys.
PS Some of the Red Army Choir appeared to be giggling as they sang.
Bob Morris @ Mar 18th 2008 10:30 - Category: Election 2008 Tags: Clinton, Obama;
Kos at DailyKos says Hillary knows she can only win “via coup by super delegate”
Yet a coup by super delegate would sunder the party in civil war. Clinton knows this, it’s her only path to victory, and she doesn’t care. She is willing — nay, eager to split the party apart in her mad pursuit of power.
People like me have two choices — look the other way while Clinton attempts to ignite her civil war, or fight back now, before we cross that dangerous line.
And the more super delegates see what is happening, and what Clinton has in store, the more imperative it is that they line up behind Obama and put an end to it before it’s too late.
DailyKos gets 150,000-250,000 visits a day and is influential. This post by Kos is in part a response to a Clinton-supporters “strike” at DailyKos and is getting huge traction in the blogosphere.
One basic rule of politics is that it’s best not to kill your opponents because you might need their support sometime down the line.
(The other) Connecticut Bob has an impassioned post about this. A fratricidal internal war among the Dems would be disastrous because come November whoever the candidate is will need votes and support from everyone in the party.
Bob Morris @ Mar 18th 2008 06:30 - Category: Anti-war Tags: Country Joe;
Country Joe is releasing a two-disc live set tribute to Woody Guthrie.
He was a red diaper baby, and “Fixin’ to Die Rag” by Country Joe and Fish was the anthem of the Vietnam antiwar protests. Yes, I was at Woodstock when he, uh, revised the Fish cheer.
“I really can’t separate my life and career from the Woodstock f—- cheer.”
A vet himself, he advocates strongly for military veterans and continues recording. I’m glad he’s still active. (The photo is him just before performing at Woodstock.)
“I’ve been blessed to have a career in this children’s game of rock’n'roll and folk music.”
Bob Morris @ Mar 18th 2008 00:30 - Category: Unfiled Tags: Tibet;
Reports of Chinese police shooting protesters are coming from multiple sources now. Google News and YouTube have been blocked in China. All journalists have been thrown out of Tibet by the Chinese government.
But the repressive, thuggish Chinese government isn’t the real threat, says Global Guerrillas.
The real threat is that China is an dynamically unstable system that is in deep decay. [It is] rapidly growing but is almost bereft of social, health, environmental, security, and trust systems that dampen the impact of critical shocks.
So, what happens when China’s high performance, globally connected capitalist economy which is flying at dangerously high speeds hits the inevitable speed bump? The answer is: it will derail (hollow out and fragment).
Plus, they have no experience with the boom / bust cycle of capitalism, which will make their coming crash even more jarring and unexpected.
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