Muse in the Morning |
A Transition through Poetry XXVII
Art Link Question
|
Oct 10 2008
Muse in the Morning |
A Transition through Poetry XXVII
Art Link Question
|
Oct 10 2008
cross posted from The Dream Antilles
The answer is Nothing. Nada. Zilch. Zippo. Zero. They haven’t got a clue. They are going to let it all come down, however it comes.
Permit me some extreme grouchiness. And anger. And despair.
People I know were evicted today from their home in the wake of not being able to pay their mortgage. A long legal battle ended. They lost. The Sheriffs were there. There was the cliche, the spectacle of having the young children sit on the curb while the furniture was deposited on the lawn. I don’t have $30,000+ to loan them to stop it. Nor do their friends or family. And I don’t see Congress or anybody else stepping in to do anything about this. Maybe later on, when they’ve moved out and lost their home and are living somewhere else. Maybe then there will be some “relief.” For somebody else. I wish they lived in Chicago, but they don’t.
Oct 10 2008
Original article, by Jared Wood and subtitled Is the US economy also heading for a ‘lost decade’?, via The Socialist (UK):
ECONOMISTS AND political leaders are looking to the recent economic history of Japan with growing fear. Japanese share prices are today 70% lower than at their 1989 peak, while property values are about 40% lower than they were in 1990. Economic (GDP) growth in the 1990s averaged less than 1% a year, leading economists to talk of the “lost decade”.
Oct 10 2008
I’ve posted before that I have been suicidal in the past (long ago). I’ve wrestled with depression and suicidality, both before and since.
Then there’s panic. I’ve posted that I was in the WTC when the planes hit. I didn’t panic then. But panic hits me in weird ways — I’m not afraid of flying, but I’ve been scared of the lines. In the blackout a few years ago, I was at the Bronx Zoo with my son, and got very lucky to get home in a cab…. walking 10 miles in the dark with a child is not something good. I’ve had more nightmares over that than over the 9/11 thing.
Now the stock market is crashing. OTOH, I’m OK. I won’t say what I’m worth, but I’ve got a job that doesn’t seem threatened, and even if I lost it, it would be a LONG time before I had no money. But some diaries lately (mostly over at big O) have me in a state.
And insomnia. I’ve got that, too. And have my whole life, never subsiding but getting better or worse at different times
I’ve been in therapy about half my life (not now).
I’m learning disabled, I’ve got a thing called nonverbal learning disabilities (more or less similar to Aspergers)
Not even sure why I am writing this. But I feel like I might get something out of it. Or maybe someone else will. I don’t know.
Oct 10 2008
(crossposted from big orange)
A lot of us bemoan the state of the mainstream media. I don’t know much about TV, but I do read a lot. The typical newspaper and news magazine do not merit our consideration. Most local dailies, and magazines such as Time and Newsweek are badly written, badly edited, biased, and focus on things of truly monumental global importance like which rock star got busted for which drug charge.
What can we do?
Support the good stuff!
I read a lot. I’m liberal. I like literate writing, solid reporting, and in-depth analysis. The sort of stuff that a lot of people here on daily Kos write, and that most of the MSM doesn’t. But it’s not all darkness. If you want to read better writing, you have to support better writing. If the journals that publish what we want to read get more subscribers, then there will be more writing that we want to read.
Also, if you buy a product because you saw it in a progressive media spot, tell the company. That will help sell more ads. And, if, perchance, you like to read or look at right wing stuff….. well, you could write to advertisers in those media and say you won’t buy their stuff because they advertise there.
On to the list:
Magazines:
My vote for best magazine in America goes to Mother Jones. Month after month, they have hard-hitting, well-written and well-researched articles covering things you might not find other places, or giving depth to stories that get a paragraph, elsewhere.
Foreign Affairs– All about diplomacy, international relations, and so on. More conservative than me, but then, most things are. Mostly lengthy, scholarly articles about topics by renowned experts.
Economist – A newsmagazine from England. Also more conservative than I am, but superb writing, in depth coverage, very good stuff. Time and Newsweek – phooey. This is a newsmagazine for knowledgeable, intelligent people. But remember that they’re slanted
Hightower Lowdown Jim Hightower. Nuff said.
Wilson Quarterly in depth, scholarly writing on a wide variety of topics
Atlantic Monthly I’ve not read this.
Harper’s I sometimes read this.
der Spiegel I’ve not read this — a brief look seems to show a good but not necessarily leftist, magazine focusing on Europe
the Nation I used to subscribe…. but, while it’s good, it’s a little too irritating. Last month, Geenius at work said that “it puts you into a state of outrage overload very fast” which I think is my problem with it, too
The American Prospect Another one I’ve not read
UTNE reader describes itself thus: “Utne Reader and Utne.com are digests of independent ideas and alternative culture. Not right, not left, but forward thinking”. I do read this one, the problem I have with it is just that it is a digest. It summarizes things well, but then you have to do more research.
The Progressive looks really good. I’ve recently subscribed.
New Republic describes itself as “A journal of politics and the arts”
New Left Review is a British journal that offers (in its words): “Sharp, scholarly, analysis, interviews, and book reviews”
Le Monde Diplomatique is French (you guessed, didn’t you?) and mostly about world affairs
Yes!”supporting you in building a just and sustainable world is yet another I haven’t read. It seems more action-oriented than some of the others, and that’s good.
The New Yorker I read this very occasionally, when I see it in a waiting room or something. It looks really good … and, of course, there are the cartoons
National Geographic is another that I never got into reading. But it has good, in-depth articles with extensive reporting.
Newspapers:
I read the NY Times. It’s not as good as it could be, but it’s among the best we’ve got.
Many like the Wall Street Journal (but not the editorial page!)
And some mentioned the Washington Post
Funny Times is political comedy with a liberal slant. Not news, but funny.
Television:
I don’t watch TV…. but there’s obviously Olberman
Oct 09 2008
14,164.53, 10/9/07.
Let me take you on a quick trip back to the halcyon days of our youth, way back Friday before last.
The Dow stood at a sunny and proud 11,143.13 having gained 121.07 points that very day!
Then came the bad old politicians and they didn’t approve Wall St.’s $700 Billion Blank Check. A number simply made up to be big enough.
Not so big now are you?
Monday the 29th of September Wall St. threw their -777.68 hissy fit. Maria Bartiromo was particularly outraged that these mere Representatives could thwart her Saks shopping people’s will. See, this is what you get when you don’t kiss butt!
Now that changed their Capitol Hill water carriers mind for sure. What’s good for GM is good for the nation. The business of America is business.
So the next day we had our dead cat bounce, +485.21, Dow at 10,850.66 a whole +263.07 for W‘s entire tenure.
Now hold on to your socks folks because we’re going to take one of those big shoots-
10/1 | Wednesday | -19.59 | 10,831.07 |
10/2 | Thursday | -348.22 | 10,482.85 |
10/3 | Friday | -157.47 | 10,325.38 |
10/6 | Monday | -369.88 | 9,955.50 |
10/7 | Tuesday | -508.39 | 9,447.11 |
10/8 | Wednesday | -189.01 | 9,258.10 |
10/9 | Today! | -678.91 | 8,579.19 |
Happy Anniversary!
Oct 09 2008
The stock market has just dropped 7.3%. So far this month, the Dow has fallen nearly 25%. In October 1929, it dropped 20%. The market has already exceeded the crash of 1929.
Don’t like relying upon the Dow? In the crash of 1987, the Standard and Poor’s 500-stock index dropped 20.5%. So far, in the last eight days, the S&P 500 is down 22%.
I have no words. The TED spread is an unbelievable 4.23 – over double the average of the last year, meaning that the premium to borrow money is so high that it is nearly impossible for any entity to do so. Nearly 1 in 6 homeowners – almost 20%! – owe more on their mortgage that their homes are worth.
This isn’t even supposed to be possible. Safeguards instituted after the crash of 1987 are supposed to stop trading entirely before these kinds of drops happen. It beggars belief.
Like I said, I have no words. But you need to pay attention to this. One day you’ll tell your grandkids about how you were there during the crash of 2008.
Oct 09 2008
This is my fourth diary on the melamine scandal (but first here on Docudharma), and like the financial scandals it shows no sign of going away any time soon. To this day 10,666 infants are still in Chinese hospitals fighting for their lives.
Rosa L. DeLauro (CT-3), chairwoman of the Agriculture, Food and Drug Administration Appropriations Subcommittee, issued the following statement about the FDA’s announcement that, despite potential harm to the kidneys, some melamine would not raise health concerns:
“While other countries throughout the world, including the European Union, are acting to ban melamine-contaminated products from China, the FDA has chosen to establish an acceptable level for melamine in food in an attempt to convince consumers that it is not harmful. Not only is this is an insult to consumers, but it would appear that the FDA is condoning the intentional contamination of foods.”
Oct 09 2008
Here’s a good sign. The Hill reports Bush starts preparing for transition. George W. Bush has “signed an executive order directing his staff to start preparing for” his successor. The Washington Post adds that by “creating a special council to govern the transition to a new administration in January, marking another major step toward the end of Bush’s eight tumultuous years in office.” Bush issued the order 26 days before the election.
The transition team will be “chaired by White House Chief of Staff Joshua B. Bolten and will include at least 14 other senior officials, among them the attorney general, the national intelligence director and the national archivist.” According to CBS News, “President Clinton issued a similar Executive Order on presidential transition to his successor… though his came after the election, on Nov 27, 2000.” Bush has created such a disaster leaving the United States in such a mess that he wants to escape responsibility as soon as possible. He’s jumping the gun on the transition. Only 102 days left of Bush.
Four at Four continues with whale-killing sonar at the Supreme Court, oil prices and slavery in Dubai, and plans by the European Union to use the financial crisis as justification to ditch commitment to address the climate crisis.
Oct 09 2008
My 6 year-old daughter, Josephine, REFUSES to learn to ride her bicycle, mostly because the act of doing so doesn’t make any sense to her.
How is it possible that she can balance and steer and turn and start herself by herself without falling — SMACK — on the asphalt.
“You’re not going to let go of me, right? Right? You’ll hold on? And you’ll run with me, right? You promise you won’t let me fall and even if I fall you won’t let me be hurt? Promise? Promise PROMISE?”
I try and assure her, as best I can that its going to be alright, but we keep ending up getting emotional… and frustrated… and angry with each other because I CAN’T actually “promise PROMISE” she won’t get hurt and she can’t seem to imagine the possibility that she can DO something she’s never done before.
Faith. It all comes down to faith.
And so the two of us struggle along… me running and holding and catching and trying my best to tell her it will someday happen, even though both of us are starting to believe that its NEVER GOING TO–
Wait. Hang on…