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It’s Arnie’s world and the rest of us are just living in it. The San Diego Union Tribune is reporting that California is on the precipice of mandating that debtor institutions accept its IOUs as payment.
While this would nominally allow California to stave off impending fiscal doom, the ramifications of doing so are fantastically interesting.
Reihan Salam, in last week’s Foreign Policy, argued that this recession represents “The Death of Macho.” She cites an unemployment rate that is hitting male workers much more severely than female, and criticizes a culture of high risk, high leverage tactics which she associates with the macho business culture.
For those of you who haven’t read Matt Taibbi’s scathing Rolling Stone commentary on Goldman Sachs, entitled, “The Great American Bubble Machine,” it’s well worth a look. In it, he refers to the banking behemoth as a “Great Vampire Squid wrapped around the face of humanity.”
Before it settled on being a purveyor of celebrity gossip news and a Reality TV Wasteland, MTV used to have an innovative animation lineup, including a short series called MTV’s Oddities. One such Oddity cartoon, The Maxx, told the story of a delusional, purple, homeless, superhero.
The Modesto Bee told a heart-wrenching story last weekend of a young Tijuana meth dealer named Hector Rodriguez Estrada, who was killed in cold blood along with his pregnant girlfriend, by a rival gang attempting to seize his drug turf. The story gives a face to the deteriorating social system in many parts of Mexico, in which cities are morphing into nothing more than shooting galleries between rival cartels.
FedEx vs UPS in a future extrapolation of today’s shrinking consumer market. In space, customers are hard to come by…
Brought to you by commercial production studio, The Mill.
Finally willing to be intellectually honest about its product, Pizza Hut is changing its name to “The Hut.”
While the company claims that this is a branding move to keep in touch with the “texting” (read as “illiterate”) generation, it does afford several advantages to the franchise:
It’s really amazing that a Comedy Central spoof news show has amassed so much clout that they can now openly mock New York Times executives in the New York Times’ own house.
| The Daily Show With Jon Stewart | Mon – Thurs 11p / 10c | |||
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To the chagrin of progressives everywhere, the Obama budget was released last month without any alteration to the 20-year old ban on funding needle-exchange programs.
According to White House Spin Meister Ben LaBolt:
“We have not removed the ban in our budget proposal because we want to work with Congress and the American public to build support for this change.”
