corruption economics shock The Corporation US economy
October 26, 2008

For Whom the Bailout Tolls

This story offers a nice commentary on some of the excesses associated with the bailouts. AIG, in particular, stands out.  Words like greed and gluttony come to mind.  Excessive greed.  Excessive gluttony.  Why these clowns were bailed out at all is beyond me. There are "claw back" provisions in the big $700 billion bailout passed by Congress three weeks ago, requiring that financial institutions get […]

media new media the future
October 24, 2008

rabble.ca BETA site

rabble.ca has a beta site that is about to be finalized.  Check here for details rabble is one of Canada’s leading independent news and media information sites and if you don’t follow their content, you may want to.  They’ve drawn in talent from across the country (and occasionally, the globe) and their authors and journalists have an exceptional reputation. rabble is the tip of the […]

Canada economics US economy
October 22, 2008

Why NAFTA Sucks: DOW to Sue Canada for anti-pesticide laws

Original story here from Canadian Newswire. This story is a little hard to figure out, but it seems like DOW, the company that gave us Bhopal and Napalm, is suing the government of Canada through a backdoor policy with NAFTA known as ‘Chapter 11’.  Apparently, with Chapter 11, companies that are ‘wrongfully’ affected by the legislation of any Canadian body can seek damages. I did […]

corruption disaster capitalism economics shock The Corporation US economy
October 22, 2008

Banks to Sit on Cash

In the US, bankers are admitting that they will likely sit on most of the cash that they’ve received from their government, mainly because ‘no one is going to lend a nickel until the economy turns’. So, as the media hyped up the ‘crisis’ and my dad nearly had a stroke because of the stress levels it induced, banks are going to sit on the […]