By Lee Camp
By Lee Camp
There have been any number of further developments since our last post, and this shows signs of accelerating to the point of being out of Murdoch’s control entirely. Well, let’s face it—in the UK, it pretty much is. Rebekah Brooks resigned on Friday, and was arrested on Sunday. Murdoch’s long time deputy Les Hinton, who ran News International at the time of peak phone hacking, and more recently ran Dow Jones for Murdoch, also resigned. Brooks’s arrest means her testimony to Parliament tomorrow may be compromised—how convenient for someone, maybe the police?
Let’s not forget that in all the unseemly haste to somehow pin this all on PM David Cameron (of whom I am not a fan, by the way, but still), that all of this pretty much happened while Labour was in power, and Labour pretty much did nothing. And that the Metropolitan Police force has been deeply compromised, as evidence by the head of the MPC, Paul Stephenson, resigning yesterday. And the Assistant Commissioner, John Yates, resigning today. Continue reading
As we think ahead toward 2012, ponder this: Consider the possibility that we would be better off if John McCain had won in 2008. Heresy?
Yes, but think about a few important points.
Although TARP was passed during Bush’s Presidency, it really was the beginning of Obama’s term, as it could not have passed without Obama’s strong public support and, indeed, as many books, such as Joseph Stiglitz’ Firefall, have outlined, he was intimately involved in the decisions which led to TARP, particularly the decision to pay Wall Street 100 cents on the dollar for toxic assets at a time when the private market was paying 20 cents, and decisions not to put strings and conditions on the money, such as requiring that 80% of the TARP money be lent out, not used for mergers and acquisitions, which have now enabled even greater concentration in the banking industry, thus putting the economy at even greater risk in the future. Continue reading
Watching ARS: Fukushima, the sequel to Acute Radiation Syndrome (ARS): Hiroshima and Nagasaki, play out on the world stage spurred me to view an actual drama about radiation sickness. Black Rain, the 1988 film by Shohei Imamura, begins with, and occasionally flashes back to, the bombing of Hiroshima. It depicts the lives of a group of survivors five years later when they begin to succumb to ARS.
As you may be aware, radiation sickness was a stigma to many in post-war Japan. A primitive response, to be sure, but one which served as a coping mechanism. Film reviewer Roger Ebert provided some insight into how it works shortly after Black Rain was released in the United States (emphasis added). Continue reading