Wednesday, July 20, 2011

Ain't Free Market

Truth? Only compromised deals where everyone is equally at fault.... or some similar bullshit.

Daily Kos: Some Things Are True


Indeed, why.

The coming economic catastrophe: Why do we still listen to free-market ideologues? - By Joseph E. Stiglitz - Slate Magazine

Just a few years ago, a powerful ideology—the belief in free and unfettered markets—brought the world to the brink of ruin. Even in its heyday, from the early 1980s until 2007, American-style deregulated capitalism brought greater material well-being only to the very richest of the richest country of the world. Indeed, over the course of this ideology's 30-year ascendance, most Americans saw their incomes decline or stagnate.


Murdoch and the British phone-hacking scandal: Why the U.S. should prosecute News Corp. and strip its TV licenses if it's guilty. - By Eliot Spitzer - Slate Magazine

Much more importantly, the facts already pretty well established in Britain indicate violations of American law, in particular a law called the Foreign Corrupt Practices Act. The Justice Department has been going out of its way to undertake FCPA prosecutions and investigations in recent years, and the News Corp. case presents a pretty simple test for Attorney General Eric Holder: If the department fails to open an immediate investigation into News Corp.'s violations of the FCPA, there will have been a major breach of enforcement at Justice. Having failed to pursue Wall Street with any apparent vigor, this is an opportunity for the Justice Department to show it can flex its muscles at the right moment. While one must always be cautious in seeking government investigation of the media for the obvious First Amendment concerns, this is not actually an investigation of the media, but an investigation of criminal acts undertaken by those masquerading as members of the media.

A Growing Trend of Leaving America - US News and World Report


Landmark transplant uses stemcell-coated artificial windpipe | The Raw Story


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