drat fink



View current page
...more recent posts

Wednesday, Jan 23, 2002

you know the drill

"The collapse of Enron has swiftly morphed into a go-to-jail financial scandal, laden with the heavy breathing of political fixers, but Enron makes visible a more profound scandal--the failure of market orthodoxy itself. Enron, accompanied by a supporting cast from banking, accounting and Washington politics, is a virtual piñata of corrupt practices and betrayed obligations to investors, taxpayers and voters. But these matters ought not to surprise anyone, because they have been familiar, recurring outrages during the recent reign of high-flying Wall Street. This time, the distinctive scale may make it harder to brush them aside. "There are many more Enrons out there," a well-placed Washington lawyer confided. He knows because he has represented a couple of them."

[link]


brain scans

"the secret life of the brain" on pbs

[link]


master crassman

"After Mr. Bush spoke, the White House corrected the president on the timing of his mother-in-law's investment. Mrs. Welch bought 200 shares of Enron on Sept. 21, 1999, for $40.90 a share, the White House said, for a total investment of $8,180. She sold her holdings on Dec. 4, two days after the company declared bankruptcy, for 42 cents a share, meaning her investment had plummeted to $84."

[link]


bite me

all day ive ran across this bogus mike tyson fight story. there is almost no "big fight" anymore where there isnt some blowup at a press conference to ensure that every news organization will run a story on the scuffle. the ploy is so pathetic and yet news organization keep covering it as if it were real. at least two local news stations actually led with the story. it would be a shame if there was something actually important to cover.

[link]


Tuesday, Jan 22, 2002

chelsea girl

"Side by side they sat, a publicist's wildest fantasy. There was Gwyneth Paltrow, a pipe-cleaner in a halter neck. There was Madonna, betraying a touch of the Joan Crawfords in limousine-black shades and Dracula-white concealer - the look of a woman who refers to herself in the third person. But it was the final member of the improbable trinity who harnessed the most attention. No sooner had the shock of seeing Chelsea Clinton out of context subsided, than the impact of how she looked delivered another power surge."

[link]


web slinger

"Just a further note here. I gather from Joshua Micah Marshall's Talking Points Memo that Andrew Sullivan (whose website is too mean-spirited to read) now thinks that I misled my readers by not saying that I was on a paid advisory board. As Marshall points out, it's hard to imagine that anyone really thought that a corporate advisory board carried no honorarium. Only someone completely out of touch with the real world thinks that people donate their time and expertise gratis to highly profitable corporations - which was what everyone at the time thought Enron was."

[link]


on daschle

"In the wake of Daschle's January 4 speech, pundits have initiated new attacks that personalize the issue of taxes and economic policy around Daschle and his opposition to the President, often in the form of catchphrases. This strategy - endorsed by pollster Frank Luntz in a December memo to Republicans - capitalizes on the increasing antipathy of the Republican base to Daschle. As with the phrase "Clintonization", the resulting jargon attempts to embed vague associations into a term to trigger hostile reactions."

[link]


Sunday, Jan 20, 2002

not it

"Millions of superstitious readers -- and many athletes -- believe that an appearance on Sports Illustrated’s cover is the kiss of death. But is there really such a thing as the SI Jinx?"

[link]


access bush

just saw bush nephew billy bush as a correspondent on access hollywood.

[link]


copychatter

"At the time, Lawrence Lessig was a law professor at Harvard, where he'd earned a reputation as the most important thinker on intellectual property in the Internet era. Lessig was so outraged by the Bono Act that he helped orchestrate a lawsuit—ultimately unsuccessful—challenging its constitutionality. Now Lessig has published a book, "The Future of Ideas," which serves as a bleak summa of his thoughts on intellectual property. For Lessig (who's now at Stanford), the Bono Act was not just another instance of fat-cat favoritism but part of a disastrous trend toward what might be called property-rights fundamentalism. In his view, this trend is threatening to destroy the Internet and plunge us into a cultural dark age."

[link]