Published on Tuesday, November 6, 2007 by The Nation
Citigroup: Too Big to Fail?
by William Greider
The fall of Citigroup is a resonant political event–akin to the Republican Party’s failure to win reform of Social Security–only this time the bell tolls for the Democratic Party. The creation of Citigroup as an all-purpose financial supermarket and too-big-to-fail banking marvel was very much the accomplishment of Clinton Democrats. They enacted the law in the late 1990s that authorized this megabank monstrosity, with coaching from Treasury Secretary Robert Rubin, Fed chairman Alan Greenspan and of course Sanford Weill, the creative genius who built Citi.Now that this institution has slid into deep trouble and Rubin has been appointed emergency chairman to rescue it, Democrats inherit the stink.
Published on Tuesday, November 6, 2007 by
The Western Appetite for Biofuels Is Causing Starvation in the Poor World
Published on Tuesday, November 6, 2007 by Politico.com
Some War Protestors Jailed; Others Set Free
by Ryan Grim
As Desiree Fairooz sat with her Code Pink colleagues waiting for lawmakers and Secretary of State Condoleezza Rice to arrive for a recent House committee hearing, she had no plans, she said, to get arrested. “I already had a case pending.”
But she couldn’t resist the opportunity when Rice walked in nearly unguarded, and she rushed the Cabinet member with fake blood on her hands. As Fairooz was being hauled from the room, Capitol Police arrested two other women who’d been sitting near her but hadn’t done anything yet.
You can see a video of the October 24th event here.
One of the enduring images of Capitol Hill culture is the anguished protester being hustled by authorities out of a congressional hearing room, often hurling insults at scowling lawmakers as they leave. But this familiar scene is shrouded by a couple of Washington mysteries: What triggers an arrest? And what happens next when someone gets busted?
As it happens, there’s no simple answer to either question. Capitol Police say they give wide discretion to individual officers on whether an evicted protestor gets arrested. [or their leg broken...etc / js zog]
Get your Rapture hats ready, kiddies! The sky is falling, and our wise gift of nuclear winter will propel us all into the loving arms of the all-knowing and all-everywhere G-d.
6CDO Citi Crack Whack & Give Codi a Bone (-81kb)
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