Remember how when Bush was President and there was a massive catastrophe orchestrated by Islamic terrorists? I remember most people saying it was because they hated our freedoms, and folks who said it was our foreign policy that led to public anger against the USA were called traitorous America-haters. I have to draw attention to how: a) folks like Romney and Bachmann are not being called traitors by liberals like conservatives did to us from 2001-2008 b) how liberals aren’t making an argument that our policies (which include two wars) caused these uprisings the way we did in 2001 c) none of that matters. These riots are caused by unemployment in the Arab world, and they were drummed up by religious and political leaders who, after the Arab Spring, are faced with actually solving the problems of their constitutencies instead of fomenting anger against the establishment. This will work for a while, but eventually the Arab world will need to look inward and figure out how to create a civil society. And eventually Americans will stop expecting to automatically disagree with people who subscribe to different parties and fiscal persuasions, especially when clear enemies like religious extremists strike out against our principles and those who serve to advance our interests abroad.
This painting is currently on auction at eBay. Current bid is $63.00. (Terms of service forbids me from admitting if that bid is mine.)
I drove myself down to City Hall on Tuesday night to take part in what would probably be the most important political event in our city for a long time. I live tweeted as much as I could – right up until my Android phone ran out of batteries. For those of you who thought I may have been arrested or hurt – do not fret. Yours truly stayed well out of the way of both protesters and the police, I didn’t even yell and scream. I just wanted […]
There is a lot going on right now with all the subjects I like to write about: Occupy LA is getting evicted (probably tonight) to make way for a movie shoot (starring Sean Penn, ironically). CitiBank’s deal with the SEC to protect them from fault in the MBS mess was overturned by a New York judge. SOPA and PIPA are threatening the free space of the internet for the sake of protecting intellectual property laws conceived in the 19th century. But I wanted to point out some good news that I […]
Thanks to my very good friend Landon Zakheim – who curated the second annual “Razorblades in Your Reese’s” Halloween short film program at the Downtown Independent last Monday- I was exposed to the tender and hilarious ennui of filmmaker Emily Carmichael. I am very happy this has happened. Her short The Hunter and the Swan Discuss Their Meeting was an outcast among the more shocking and musically epic shorts in the program (The Legend of Beaver Dam is one of the greatest things ever, as well), but its sensibility was dry and […]
#remember X 2 #nov5 #BankTransferDay #treason #plot #aintnoreasonwhy #neverforget #BankTransferDay is Upon Us It probably wouldn’t surprise you if I told you I was participating in Bank Transfer Day, the Occupy-inspired day of protest where people are encouraged to move their deposits into credit unions and out of the major banks. You might be surprised when I tell you it was primarily a personal budget decision between my partner and I, and not one made from idealism or outrage. I even did it early, to avoid any trouble with my […]
News broke today that the Federal Reserve and the Federal Deposit Insurance Corporation had a little disagreement about a transfer of assets between subsidiaries of Bank of America Corporation (BAC) which owns both Merrill Lynch and Bank of America (BofA, the retail bank you’re more familiar with.) It seems that BAC is moving something on the order of $75 trillion dollars of derivatives risk from Merrill Lynch, which is not insured by American taxpayers, to Bank of America, which is. This means that just as European banks are about to crumble in on themselves in an epic default, BAC has pushed their substantial share of the risk of those defaults from their shareholders to the FDIC, effectively putting taxpayers on the hook. Here is another great piece on the transfer from former regulator William K. Black. They did this without a peep from the Federal Reserve. Through the FDIC, you and I now bear the risk of the screwed up European banking system without ever engaging in these risky and fraudulent debt obligations to begin with. They ate the meal, now we clean the $75 trillion dishes. This is why people do not, and probably should not, trust the financial sector and its narrow interests. People now associate ‘Wall Street’ with a threat to regular people with regular jobs and regular investments. The financial sector is the largest contributor to federal elections, including President Obama. Mitt Romney is one and is surrounded by them. And […]