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From the Useless Gestures Department

useless

In the wake of Jon Stewart’s public evisceration of CNBC last week, an internet petition is circulating to compel the network to change its ways.

While I’m sure this project was organized with the best of intentions, do the folks at Fixcnbc.com really expect CNBC executives to stop listening to the directives of their corporate overlords?

Stewart already exposed the nature of this cable channel’s (and many other networks) scam. CNBC has certain financial interests to protect, and creates programming most likely to disseminate favorable opinions of those interests. Period. It’s not as if CNBC was once a bastion of objective, investigative journalism that somehow lost its way. A majority of the hosts on its shows aren’t even professional journalists — just business community fluffers.

Only a truly massive public fervor would compel NBC to take action to ensure that CNBC once again acted as the Consumer News and Business Channel. Don’t expect that to happen anytime soon.

What Tellers Aren’t Telling: How the US Bailout Supports Crime

money-laundering-thumb-400x400-thumb-400x400

Yet another reason why the TARP bailout packages failed the American public… Explained in a recent article I wrote for Scenario Magazine.

“Banksters, Enronites, Ponzi schemers, pin striped pimps! Public rage against bankers and the banking industry has never been stronger since the recent economic meltdown. Raping our IRAs, forcing us all into poverty, and foreclosing on the middle class seems to be the bankers’ business plan. People would really blow up if they realized that there is still another category of ongoing financial crimes that is flying completely under the radar. Just like all the others, this type of financial crime is firmly entrenched in the banking community and is part of the Business as Usual mentality. The forgotten outrage? Money Laundering.

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Economist Calls for Legalization

drugsfinal

It’s a Brave New World out there. Legalization debates have gone from the fringe of freak counterculture circles, to the front page of the most revered conservative economic magazine in Europe.

While it’s encouraging that the mainstream public (or at least the internet public) is starting to rationally discuss possible endings for the half-century debacle known as the War on Drugs, I don’t believe we’ll see any substantial changes from the Obama team.

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Governator: “Ve Must Have Sexy Bridges, Sexy Schools.”

Recent video of Ahnold talking about the need to spice up the way we talk about infrastructure.

To loosely paraphrase, “C’mon! C’mon! We must have the big blockbustah, super powerful, nuclear, gigantic, molecular destructionating of our sewage systems! Get to the choppah! The choppah! I have Supah Powerful bricks with mortah! C’mon! Leesten to me! Leesten!”

The Recession in a Nutshell

This is one of the clearest, most entertaining explanations of the credit crisis that I’ve seen this year. Via Daring Fireball.

Revisionist history, even unto its innermost…?

But I swear thats what happened!

But I swear that's what happened!

Fortunately Brandeis came to its senses about the Rose Museum kerfuffle a few weeks ago, but alumni just got a message from the president which was intended to “clear up some of the misconceptions surrounding these issues.”  I only bring it up here briefly because I get annoyed when other factors–meteors, locusts, a terrible flood–get blamed for something instead of the real culprit, in this case the administration itself.

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Everything’s Amazing, Nobody’s Happy

Intelligent crank Louis CK, gives us all a reality check on the Late Late Show.

(Thanks to the Factor for pointing this out)

Accounting Perils

The Meth Minute was one of my favorite internet-based series before cartoonist Dan Meth moved onto bigger and better things. Here’s a short piece relaying the dangers of doing your taxes while on psychedelics.

“Free” Credit Report Spoof

I think most people know that freecreditreport.com masquerades as a free services while signing you up for a credit card ding every month for a special “monitoring” plan. But few people sing about it…

Ron Paul: Avatar of Reason

There is a reason that Ron Paul is the High Chancellor of the Internet. The man exudes common sense. Here is an elected US official (and a Republican, at that) who makes no assertions that aren’t backed up by common sense, evidence, and historical precedent. Say what you will about Libertarians, but this one has some damn near impenetrable logic. The Obama administration needs to make more use out of this figure as soon as possible.

In this clip on the Real Time with Bill Mahr (via The Raw Story), he tells us why we need to end the War on Drugs.

Feel free to fast forward to four minues into this clip: