Day July 28, 2008

Mother Merrill visits the confessional

Just a minor $5.7bn writedown and a desperate attempt to raise $8.5bn in new stock. But wait, didn’t they announce earnings last week yet made no mention of this? Why did Merrill fail to disclose this write-down to shareholders when…

Washington and Havana: Co-dependent on the embargo

The Havana Note is a DC-based blog whose contributors include Col. Lawrence Wilkerson, a former aide to Colin Powell. They favor “engagement with Cuba” and, I assume, ending the embargo. They can be quite Cuba-friendly. But they do think there’s…

Class and the Left

Andy at Socialist Unity has a long, thoughtful post about why The Labour Party may well get crushed in the next general election. Much of the reason is due to Labour ignoring their traditional constituency as well as changing attitudes…

Tennessee church shooting

The alleged human who murdered two people Sunday in a Tennessee church had a “stated hatred of the liberal movement” and apparently deliberately targeted a Unitarian church because of their liberal views. KPD Chief Sterling Owen said … mental illness…

On conspiracy theories

Wide-ranging conspiracies do take place, whether you or I, or Charlie Brooker, are inclined to believe it or not. So says Dan Hind in the Guardian responding to Brooker, who said 9/11 conspiracy theories are a bunch of paranoid hogtwaddle.…