Wednesday, October 22, 2003

Swift-Footed W.: "Homer's most powerful lessons include the need to restrain hubris, to cooperate with allies, to engage the real world rather than black-and-white caricatures. If Achilles and Odysseus can learn those lessons, maybe there's hope for Mr. Rumsfeld or even the mighty Mr. Bush"

Sunday, October 19, 2003

Financial Sense University ~ A Statisticians Indictment of Economists 08/21/2003: "Deceptive Indoctrination of Economic Definitions
Redefine important terms and concepts for a debt-based economy
Apparent full cooperation from the press & media, mute opposition
Exploits ignorance and illiteracy among the public
Conscious attempt to abuse “framing” -- psychological technique
Redefined (framed) terms legitimize the debt-based economy
* Legal tender, now money
* Credit access, now wealth
* Monetary inflation, now Fed liquidity
* Deflation, now poor pricing power
* Foreign dependence, now recycled trade gap
* Indebted currency, now dollar reserve
* Rising unemployment, now increased productivity
* general market risk, now volatility
* Stock investment, now channeled savings
* Mortgage investment, now hard real estate asset
* Accounting fraud, now financial engineering
* Derivatives, now off-loaded risk
* Cutting interest income, now reducing interest expense
* REFI consumption bubble, now managing home equity
* Fiscal bankruptcy, now federal stimulus
* Slow-motion recession, now jobless recovery
* Capital hemorrhage, now global trade
* Herbert Hoover, now Sir Alan Greenspan "

Saturday, October 18, 2003

Lost American Jobs.com: "Introduction...
In the last few years, the drive towards outsourcing many company functions has become a drive towards outsourcing offshore in countries such as India and the Philippines or near-shore in countries such as Canada. A few decades ago, we witnessed our manufacturing economy migrate into a service economy as millions of these jobs were relocated around the world."

Friday, October 17, 2003

The Sweet Spot: "George W. Bush is like a man who tells you that he's bought you a fancy new TV set for Christmas, but neglects to tell you that he charged it to your credit card, and that while he was at it he also used the card to buy some stuff for himself. Eventually, the bill will come due — and it will be your problem, not his."

Thursday, October 16, 2003

Questions for change

Progress Engage in Solidarity What in individual life can be better? How do we make the world better? Find thing to WIN. Heal ourselves Trus...