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Tuesday, February 17, 2009

Davos Debt & Denial

In an age of illusion, the guise of truth is often heresy
By Darryl Schoon
February 15, 2009




Antal E. Fekete

No Credit for Bankers

Inside the Meltdown
Tonight at ten on PBS. Update 3:35 PM 2/18/2009 I learned nothing from this show.

Hell hath no fury like a woman scorned
Heh, got his, the arrogant dickhead. Rich guys. Huh.

U.S. Intel Chief's Shocking Warning: Wall Street's Disaster Has Spawned Our Greatest Terrorist Threat
By Chris Hedges, Truthdig. Posted February 17, 2009.
The Director of National Intelligence argued that Wall Street, rather than Islamic jihad, has produced our most dangerous terrorists.

Well, as long as they can scrounge up the $ to keep birth control clinics open it might not get really bad here. World wide:

...some 50 million workers will lose their jobs worldwide this year.

Is another story altogether. The author of this story wrote another one over at Truthdig. I think he likes scaring the shit out of people.

Update 3:46 PM 2/18/2009 Embedded Business Press Misses Story of the Century
Rory O'Connor, Danny Schechter's colleague and business partner at the Globalvision has a great post on the financial press.

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