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You Wanna Get Pissed Off? Here’s Your Daily Dose of American Capitalism

Inside this rather boring if frightening story about the problems at hedge fund SAC Capital, lies this sentence (highlighted):

A legal deadline looms for prosecutors to bring a criminal case against Mr. Cohen related to charges against Mathew Martoma, a former SAC portfolio manager accused of illegally trading in the shares of two drug companies, [...]

Hedges, Assange and Wikileaks

Chris Hedges’ article on his recent meeting with Assange is a mix of interview and essay, Assange’s statements and Hedges’ thoughts and expansion thereon are well worth reading – and thinking about.

(Excerpts of the audio here).

[...]

Facebook Spikes Ad Against Keystone XL Pipeline

I respect entrepreneurs who build something from nothing, particularly the vast class of entrepreneurs in the United States who build small businesses and smaller medium sized firms. They are the backbone of any employment growth we have with very little help from the government(s). It’s all Wall Street and very little Main Street. (Image: Creative [...]

Andrew Kreig – Two DC Media Ceremonies Contrast Courage, Comfort

Two DC Media Ceremonies Contrast Courage, Comfort

By Andrew Kreig April 30, 2013.

The annual Ridenhour Prize luncheon for courageous journalism contrasted sharply last week with the yearly White House Correspondents Dinner gala for corporate-run news organizations, top political figures, other celebrities, and their financial backers. The Ridenhour Prizes, named for the Vietnam War veteran [...]

From the Frying Pan into the Fire

I guess Malcolm Smith (nominal D-NY) can be forgiven. After all, he watched as Michael Bloomberg purchased the mayoralty three times.

Smith’s problem is, he tried to buy the office of the Mayor at the five-fingered discount:

At one stage, Mr. Smith was part of a Democratic power troika that lavished goodies on an [...]

Leave the British Press Alone – No ‘Royal’ Charter, No Regulation

Michael Collins

Great Britain’s three political parties just made a deal to provide a degree of regulation for the British press. The deal produces a Royal Charter that establishes a press regulator at arms-length from the government plus a regulation regime that the major media companies can join.

The charter is an outgrowth of [...]

In Epic Blunder, NY Times And Washington Post All But Abandon Specialized Climate Science Coverage

Columbia Journalism Review slams Times for “outright lie” about its commitment to environmental coverage.

Climate Progress, By Joe Romm, March 4

This weekend two of the premier newspapers in the country basically abandoned the story of the century — climate change — as a specialized beat. The NY Times shut down its Green Blog (fast [...]

Fostering Understanding

I love what Jodie Foster did last night at the Golden Globes. It was a magnificently snarky yet polite way of telling people to f-off. The juice quote, as far as I’m concerned: But now I’m told, apparently, that every celebrity is expected to honor the details of their private life with a press [...]

A Schmear With Your Hagel?

OK, now that things have settled down a bit, I’m ready to take on what I think will be the key issue over the next few weeks: filling Obama’s Cabinet. John Kerry should be a slam-dunk for Secretary of State. Yes, the Swift Boaters are rearing their ugly heads again, but now that John Corsi [...]

Today’s Scary Syria/Iran Nuke Story

Today’s bit of fearmongering over Iran’s nuclear program takes us to Syria, and a report in the Financial Times.

Nuclear experts have raised concerns about the security of up to 50 tonnes of unenriched uranium in Syria, amid fears that civil war could put the stockpile at risk.

The nuclear experts concerned being the duo [...]

The Silence Of The Climate Lambs

The Fourth Estate’s failure to address the clearest and most present danger of the century continues, enabling the failure of politicians in turn – they’d be as well serving us all up grilled with fava beans and a nice glass of Chianti.

Widespread drought, Superstorm Sandy, and a melting ice cap failed to revive the [...]

Iraq Still Four Times More Dangerous For Civilians Than Afghanistan

This is the war that never ends…

Reuters, today:

A total of 4,471 civilians died in Iraq’s festering “low-level war” with insurgents in 2012, the first annual climb in the death toll in three years, campaigners said on Tuesday.

The deaths, up from 4,059 in 2011, showed militant fighters were still bent on carrying out [...]

Another Curveball – Wonky Addendum

One of the criteria I use for judging whether a reporter knows what he’s talking about is the way he uses words. In science, words are used very precisely, some of them the same words that are used in everyday conversation. I recognize that reporters may try to simplify complex concepts for their readers; but [...]

Another Curveball

David Ignatius is well aware of the unreliability of reports from defectors from a tyrannical regime during civil war. They may exaggerate, make up, or simply have incorrect information. So, to prepare us, he says this:

For some historical context, readers should recall the Iraqi defector known as “Curveball,” who made allegations about Iraqi chemical [...]

White House Press Corps; Inhumane Bastards Or Just Unprincipled Hacks?

If Obama gave a press conference in the BRADY room to talk about gun control, and the first three questions from the White House press corps were all about the fiscal cliff (along with two follow ups), what would that say about a) the state of our watchdog media today, b) the chances of the [...]