Day November 23, 2008

Robert Reich on the Citigroup bailout

This is not a particularly good deal for American taxpayers, but it is a marvelous deal for Citi. In return for all the cash and guarantees they are giving away, taxpayers will get only $27 billion of preferred shares paying…

Obama and netroots

What netroots doesn’t quite understand yet is that Obama didn’t need their advice about using the Net because he clearly already lives there. He has a Mac laptop, is addicted to his Blackberry, his election night photos are on Flickr,…

Retreating glaciers mean less drinking water

Glacier in Peru. Photo from 1978 on left, 2004 on right. Glaciers are shrinking worldwide. This means less drinking water for billions. Celcias has an excellent overview, focusing on several countries. Key quote: “When the glaciers are gone, they are…