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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRIP Danny Schechter
'The News Dissector' A terrible loss.
http://www.alternet.org/danny-schechter-news-dissector-dies-nyc-72
Guy Whitey Corngood
(26,501 posts)RoccoR5955
(12,471 posts)He was a good guy. I knew him, but not to well, and he was always struck me as an excellent human being.
He shall be sorely missed.
blm
(113,061 posts).
Smarmie Doofus
(14,498 posts)It was like finding a little bit of (NYC) radio heaven in an otherwise alien radio landscape.
Dont call me Shirley
(10,998 posts)A terrible loss for us all.
Octafish
(55,745 posts)By Danny Schechter, AlterNet
Posted on January 26, 2011, Printed on January 27, 2011
EXCERPT...
The Pew Economic Policy Group reports the average U.S. household lost $66,000 in stock holdings and $30,000 in real estate values from June 2008 through March 2009 due to the upheaval in world markets. This brings us close to $100,000 per family.
SNIP...
Our newspapers and TV sources contributed to an economic disaster so cynically engineered even billionaire investor Jim Chanos was prompted to ask, So where are the perp walks? How long does it take before we see any investigations? It boggles the mind that $150 billion is vaporized
there havent been any arrests, any indictments, nor any convictions at any major bank or at any of the government-owned financial institutions Fannie, Freddie and AIG.
SNIP...
Former bank examiner William Black understands this. Focusing on looting and CEO fraud, he helped send over 1,000 bankers to prison during the S&L crisis in the 1980s. This time there were neither dogged sleuths nor crime-busting newshounds on the beat.
Even Alan Greenspan has finally admitted in his all-too-polite exchange with a government inquiry that has come to resemble a Princeton seminar, If you dont have enforcement, and a lot of that stuff was just plain fraud, youre not coming to grips with the issue.
CONTINUED...
http://www.alternet.org/story/149670 /
For some reason the original thread doesn't show up on DU anymore, but it is in my DU2 journal:
http://journals.democraticunderground.com/Octafish/882
Hasta siempre, Hermano.