PW’s “Top 10 drug corners” is an important story because its underlying point is that it’s impossible to do any reporting — and, more importantly, policing — that would significantly discourage the sale and use of illegal drugs, especially where “neighborhood-sustaining jobs” have disappeared forever.
Until I read this, I had no idea that I wrote like him. I thought I wrote like early Tom Wolfe, but whatever!
Now, here’s the part that’s missing from the discussion: The members of the press should have stood up for those people. They are protected under the exact same law. If I’d been a reporter covering that meeting and I had a video camera, you can be goddamned sure I would have had a camera right up in that cop’s face.
But “journalists” these days are well trained to avoid controversy.
Insurance on the debt of several major European banks has now hit historic levels, higher even than those recorded during financial crisis caused by the US financial group’s implosion nearly three years ago.
Credit default swaps on the bonds of Royal Bank of Scotland, BNP Paribas, Deutsche Bank and Intesa Sanpaolo, among others, flashed warning signals on Wednesday. Credit default swaps (CDS) on RBS were trading at 343.54 basis points, meaning the annual cost to insure £10m of the state-backed lender’s bonds against default is now £343,540.
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Eric Schneiderman. This is good, it means he’s not playing ball on the banks!
John Conyers said a very rational thing about the coal industry yesterday:
There’s a big campaign going on about how you clean coal and we want to examine that as critically and fairly as we can, but here’s the problem: I’ve been to West Virginia, and that’s about all they’ve got there.
We’ve got to work out a situation in one state of the union, there may be others, in which we come up with alternative ways of creating full employment without just putting everybody out of work.
Sounds perfectly sane, right? Go read about the resulting shitstorm.
I think I’m having a heart attack, just called. Wish me luck.