ch.annel2-i.s-n.ow-a.ngry

Yesterday, the Associated Press reported a fear of Nile fever in California, West Nile, coming back because of all the swimming pools that have been abandoned, have become infested with mosquitoes. And this has already caused cases of West Nile fever in California and in Florida. There’s fear even of malaria. So, the consequences of this crisis are just being felt by many, many people, and it’s not pretty.

DemNow! my second true love.

DANNY SCHECHTER: But they were propping up this whole subcrime-subprime system, let’s face it. And now the government wants to bail them out. The Bush administration, big free marketeers, want to now nationalize, in essence, even further, you know, Fannie Mae and Freddie Mac, if they are in danger. And this means potentially billions of dollars in taxpayer money and also increasing potentially the national debt by $5 trillion, if everything collapses.

Which brings up an interesting point - all that debt would be in large part owned by foreign entities - the assets backing that debt would be a huge chunk of America’s housing. Controlling a person’s housing situation is the real leverage.

MAX FRAAD WOLFF: But all these things are really dangerous, because you’ve entered a space that’s both too big to fail and too big to bail. These are too large to bail out and too large and too important to let fail. And so, everybody’s kind of caught a little bit deer in the headlights, from the regulators and others, trying to figure out what to do. They want to partially bail it, but it’s so much money, and it’s ideologically difficult after twenty years of free market rhetoric, and so they kind of hope they can jawbone it and patch it and things will work themselves out. And that really hasn’t proved to be a strategy that yields a lot of fruit. But people are kind of stuck in the shock mode and in the too big to bail and too big to fail. 

I believe they’re calling it Operation Optimism, or “Ooh!”

The Bangladeshi death toll has now definitely passed the death toll from the September 11th World Trade Center attacks. Where’s our global war on nature?

Oh, yeah, that’s right.

First this, and then this. Naomi Klein has a lot to say about what’s happening to you.

Why does our government want everything privatized?

Simple. Goverment is a democracy (purportedly), corporation is a totalitarian dictatorship.

When everything is privatized, we will no longer have a say in things. Our government will shrug and point it’s finger. The corporation will say sorry you violated rule X. Once all goverment services are privatized, laws will be bought even more freely.