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Week of March 22, 2009 - March 28, 2009

Cross-border blame trade


As Hillary Clinton yesterday certified the topical meme that America's druggie appetites and gun trade are responsible in large part for Mexico's blood-drenched "narco wars", there was some good news in the battleground border city of Juarez: Murders are down from 15 a day at the beginning of the year to around... two per 24 hours.

In a city transformed by gang-fueled violence into the bullet-pocked Beirut of the western hemisphere, any ray of light is precious, even though the presence of several thousand Mexican army troops was probably the biggest factor in the slaughter downturn.

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On a tightrope, looking for a safety net


OK. I'll confess: I'm one of the many who've expressed loads of doubt over Treasury Secretary Timothy Geitner's and Fed Chairman Ben Bernanke's plans to breathe life back into the dead bulls and rummy bears that have collapsed on Wall Street, and to spark at least a fever dream that will thaw our frozen banking industry.

Long-range, we must keep the markets afloat if we're to continue as a capitalist system. Obama and Geithner are walking the tightrope of preserving investor (and trader) confidence while changing the playing field with re-regulation. No one on Wall Street is stupid or crazy enough to think restoring our finanicial viablity will mean a return to our now-lost go-go status quo.

Are they?

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« March 15, 2009 - March 21, 2009 | Home | March 29, 2009 - April 4, 2009 »

San Fernando Curt

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  • Location North Hollywood, CA
  • Party Democratic
  • Politics Neo-Realist

Favorites

  • Favorite Blogs Antiwar.com Salon.com
  • Favorite Books "Dreadnought" by Robert K. Massie "The Power and the Glory" by Graham Greene "Lamprey!" by Jerry Verlan "The Reichsfuhrer Calls You 'Bitchmeat'" by Turner Luce
  • Favorite Quotes "I just don't... uh... 'do' Middle Eastern fairy tales..." - My Own Li'l Bible "You seem ill - you must’ve come down with a severe case of dumb-ass." - Chip Rawlins, my college roomate

Bio

Making it happen here in the San Fernando Valley - sunshine, car-jackings and facial tattoos. Livin' the high!

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