The lack of prosecution of US bankers responsible for the great financial crisis has been a much debated topic over the years, leading to the coinage of such terms as "Too Big To Prosecute", the termination of at least one corrupt DOJ official, the revelation that Eric Holder is the most useless Attorney General in history, and of course billions in cash kickbacks between Wall Street and D.C.
Authored by Raul Ilargi Meijer via The Automatic Earth blog,
The film Koyaanisqatsi was released in 1982. The title means ‘life out of balance’ in the language of the Hopi, a Native American tribe who live(d) mainly in what is now north-east Arizona. It is directed by Godfrey Reggio with music by Philip Glass and cinematography by Ron Fricke. There are no actors, and no dialogue. Philip Glass’s music underlies a series of film fragments that contrast the beauty of American nature with the noise and pollution mankind has added to it. Wikipedia:
Authored by David Stockman via The Daily Reckoning,
The Donald’s strong point isn’t his grasp of policy detail.
The nine page bare-bones outline released this week is nothing more than an aspirational air ball that lacks virtually every policy detail needed to assess its impact and to price out its cost.
It promises to shrink the code to three rates (12%, 25%, 35%), for example. But it doesn’t say boo about where the brackets begin and end compared to current law.
The "Russian collusion" crusade took a bizarre turn yesterday when Twitter, apparently in the absence of any tangible evidence that Kremlin spies exploited the social media service to undermine the 2016 election, decided to publicly disclose the exact amount of advertising revenue it received from Russia Today during 2016. It's unclear what that disclosure was intended to accomplish since even Twitter says the ads were directed at "followers of mainstream media and primarily promoted RT Tweets regarding news stories" which hardly seems like an attempt to stage a coup.
Via StockBoardAsset.com,
Project Baltimore, an investigative reporting initiative, which was launched in March 2017, by Sinclair Broadcast Group Inc, the largest U.S. broadcaster, has uncovered more evidence of a massive grade manipulation scheme brewing in Baltimore City Schools.
The report indicates, the problem is more widespread than thought.