the War on Folly

Tue

“ Amazing. The world’s greatest debtor is going to take on the two powerful countries with the largest trade surpluses. According to the World Factbook, an annual publication of the CIA, Russia’s 2007 current account surplus is $465 billion and China’s is $363 billion. In contrast, the US current account deficit is $987 billion—an amount larger that the total deficits of all other countries in the world combined. The out-of-pocket and already incurred future cost of Bush’s wars of aggression is between $3 and $5 trillion, every dollar of which must be borrowed. That comes on top of the unfunded liabilities of the US government totaling $53 trillion. By any account the US is the world’s worst credit risk. The “mighty” US relies on foreigners to finance its consumption, its wars, and the daily operations of its government.
( Paul Craig Roberts (via azspot)

Mon

May 12

» Center for Strategic and International Studies
They have an operating budget of US$ 29.101 million, 75% of which is funded from corporate, foundation and individual contributions. The remainder comes from endowments, publication sales and government contracts.

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“ The truth is, society is afraid of complex black folk; we’re either Oreos or niggers.
( jbrotherlove

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Mebbe someone oughta tell Hillary that no Democrat or Republican has ever won the presidency without being male? Yo, screw WVA (by Gawd).

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» Why Doesn't Apple Face The Innovator's Dilemma?

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University student takes video of 7.8M Earthquake in Sichuan China (via waxy)

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A young Bill O’Reilly demonstrates the grace under pressure that ultimately led to a successful Fox News broadcasting career. (via Andreessen)

Sat

May 10

» Daring Fireball: BlackBerry vs. iPhone
“In broad terms, BlackBerrys are optimized first for email; the iPhone for the web. What’s more important, an email client or a web browser?” We could be witnessing RIM’s peak right at this very moment.

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What if Charles Schulz created the Watchmen?

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“ From the beginning, the Clinton campaign has refused to consider the possibility that Obama’s success was more than a fad. This was supposed to be Clinton’s year, and if Obama was winning primaries, there had to be some reason that had nothing to do with merit. It was because he was black, or because he had better slogans, or because he was a better public speaker, or because he was the media’s darling.
( Eugene Robinson: The Card Clinton Is Playing (via P6)