Silly Money
This is probably as good a summary of the financial crises as any – Silly Money – a clear masterpiece.
October 2009
Nobel Peace Prize For 2009.
Obama gets the Peace Prize for not being Bush?
Here are some of the supporting arguments.
A Magic (Norwegian) Hat
One of our more talented (or tiresome) polytricksters has come into possession of a Magic (Norwegian) Hat. All we have to do, is to ask him to tap his hat and we would get all the rabbits (or green peaces of paper) we could possibly want.
I’m convinced, that, this is the way to salvation as rabbits surely surpass our revered leaders in all things rabbity.
Al-Qaeda to rescue
We could never accuse the blogosphere of being dull.
Now that the country is all but officially bankrupt, the ruling class in tatters, and the mask is off the IMF – some bloggers think its high time to try something radically different – such as asking the Al-Qaeda for help.
The crisis: a year on
After the economic collapse and a year of corruption revelations, not a single kleptocrat has been arrested.
Do we simply have to take Herbert Marcuse’s quote as given, that, “Law and order are everywhere the law and order which protect the established hierarchy.” ?
The new rules of news – Dan Gillmor
“You may have noticed – you could hardly miss it – the blizzard of anniversary stories last month about the fall of Lehman Brothers, an event that helped spark last year’s financial meltdown. The coverage reminded me that journalists failed to do their jobs before last year’s crisis emerged, and have continued to fail since then.
It also reminds me of a few pet peeves about the way traditional journalists operate. So here’s a list of 22 things, not in any particular order, that I’d insist upon if I ran a news organization.” guardian.co.uk
Who pays for corporate welfare?
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The Ig Nobel awards
ECONOMICS PRIZE: The directors, executives, and auditors of four Icelandic banks — Kaupthing Bank, Landsbanki, Glitnir Bank, and Central Bank of Iceland — for demonstrating that tiny banks can be rapidly transformed into huge banks, and vice versa — and for demonstrating that similar things can be done to an entire national economy.