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Posts Tagged ‘new york’

The Sun Ain’t Gonna Shine Anymore – The Walker Brothers — a band formed in Los Angeles that achieved greater success here in the UK (and Germany), than in their native USA, perhaps because they brought a little California sun into the dreary skyscape of the UK.

Last summer, here in the U.K., we had a heat wave towards the end of the summer term, followed by a lousy summer holiday and the year before that a lousy summer holiday followed by a heat wave at the beginning of the autumn term.

As there has been hardly a day without rain since we broke up three weeks ago, I am increasingly beginning to wonder why I continue to live here, having lived in much nicer places, and what the precise point of this bloody country really is.

I derive little comfort from the fact that things are little better on the other side of the Pond, as I learnt after reading this article from last Friday’s Noo Yoik Times.

I quote:

Not one 99-degree day in Central Park. Not a single day that the temperature even approached 90. For just the second time in 140 years of record keeping, the temperature failed to reach 90 in either June or July.

And again:

This summer, 85 is the new 95.

(more…)

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10 Most Offensive Tea Party Signs (PHOTOS)

HuffPost Citizen Photojournalists |   April 16, 2009 at 03:34 PM

HuffPost has comprehensive coverage of the Tax Day Tea Party protests. Click here for the latest photos and video. CLICK HERE to be alerted about future reporting projects.

More than 2,000 HuffPost citizen journalists signed up to report on their local tea parties, sending photos, videos, and written dispatches, and we’ve already received hundreds of photos (the complete Flickr slideshow is below, or check out the photostream here).

PHOTOS AND MORE HERE

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Was Eliot Spitzer Taken Out Because He Was Going to Bust AIG?

Posted by Melina Ripcoco, Brilliant at Breakfast at 3:39 PM on March 19, 2009.

America is known for its great second acts, and we may be witnessing the curtain rising on Spitzer’s.

Eliot Spitzer is back and he’s talking. The thought of this, no doubt, brings a small shiver to the boardrooms of some of the perps walking around trying to figure out how to hide the money this week. Today Edward Liddy testified that there have been death threats made to or about executives who received bonuses, so no names will be put on the record, but these anonymous players must know that the jig is up in the land of easy-money. Isn’t what to do a no-brainer for these great Americans?

Spitzer may be as “disgraced” as any anonymous sex loving Republican loser, but America is known for its great second acts, and we may be witnessing the curtain rising on Spitzer’s.

Today in Slate Eliot Spitzer has a short op-ed that speaks volumes about what is going on, and indirectly, if you follow the money, what happened to him. Plainly stated, Spitzer brings the AIG Ponzi Scheme one step closer to the revered establishment when he explains how the bailout money was funneled straight into the top players, with Goldman Sachs being the name that comes up again and again. These top players already got bailout money, and Goldman is looking at zero losses at this point, while regular Americans are being asked to make concessions or just plain losing everything. here are the biggest financial entities in the world, making billions on what appears to have been nothing but air traded back and forth, and having gutted the American people they are walking away with 100% return to their stockholders. In return AIG seems to think that its appropriate to pay themselves bonuses with the leftover funds. This leaves AIG still a wobbly shell with no plan of how to go forward, and the threat of the collapse of all of the world’s financial markets still up in the air. So, what was all that bailout money for? Apparently to make sure that no one at Goldman or the other few top firms in the hand-out-line lost anything!

The relationship between AIG and Goldman goes back long enough that one would think that Goldman would know, having bought so much of this “insurance” or whatever it was, whether the “products” were …er…real or feasible at all. Indeed, Goldman and AIG almost merged a few years ago, but Spitzer notes that the unknown black hole of AIG’s business practices were probably what prevented it. Still, that didn’t stop the incestuous dealings; it almost makes one think that this whole thing was a setup.

This is country that Spitzer is familiar with; he has been a terrible liability to entities that, under the Bush administration, were allowed to literally gut the country and its citizens. All of this seems to have been part of the Bush Administration’s own Ponzi Scheme, which figured that the illusion of an ownership society, terrified of the “terraism” and steeped in the me, me, me, culture would look the other way while they finished clearing out the vault. Beyond that, it’s clear that the media hyped housing bubble encouraged the house flip mentality and the idea that anyone could be rich. The idea of the lottery dropping on our own heads made us more protective of the rich, because we might one day be one….or look, we could be one with no money down, if we could just balance that on this, and flip that house!!

MORE HERE

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