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THE BUZZSAW: THIS IS IMPORTANT -- YOUR NATION IS AT RISK ARE YOU WORRIED THAT YOU ARE BEING CONSTANTLY LIED TO BY THE MEDIA? You should be. They certainly are. Here's the antidote for the corporate propaganda that is ruining our free press: (BEST SITES ARE BOLDED) Revision date: April 13, 2003 EXCELLENT DAILY UPDATES AT: ·BUZZFLASH: Excellent news digest, comprehensive, highly recommended: buzzflash.com ·COMMON DREAMS: Breaking News for the Progressive Community: commondreams.org ·GUARDIAN UK, Independent daily news from a non-profit corporation -- guardian.co.uk ·TRUTHOUT - Excellent Source, lively, intelligent and comprehensive - truthout.com OTHER RESOURCES: ·9/11 TIMELINE.NET - Mark Elsis - 911timeline.net ·American Conservative Magazine, refreshingly honest: amconmag.com ·ANTIWAR.com - Justin Raimundo is very good: antiwar.com ·ARIANNA Huffington, excellent progressive populism -- ariannaonline.com ·CARTOONS, Editorial.Horsey, Oliphant and Don Wright, etc. : ucomics.com ·CENTER FOR COOPERATIVE RESEARCH,: cooperativeresearch.org ·Center for an Informed America, the other CIA, weekly newsletter: davesweb.cnchost.com ·Center for Public Integrity: Info on the USA Patriot II Act: publicintegrity.org ·CONGRESS.org: Participate in democracy, read what America is saying: congress.org ·Counterpunch, Cockburn and St. Clair: (popular: 7 MM hits per month) counterpunch.org ·The Daily Enron, (caution, Democrats involved....) dailyenron.com ·The Daily Howler: Hard hitting, insightful and provocative. dailyhowler.com ·Democrats with Attitude, not the official site, the fun one: democrats.com ·Fairness and Accuracy in Reporting, Norman Solomon -- fair.org ·Greg Palast, outstanding investigative journalism at its best, email alerts: gregpalast.com · HATED.COM: Sites that drive the Right Wing crazy: hated.com ·Indy Media Center, the anti-corporate antidote: indymedia.org ·Indy Media - Portland: portland.indymedia.org ·NEW -- Information Clearinghouse -- informationclearinghouse.info ·Molly Ivins, Texas' finest! dfw.com ·Media Monitors Network: "where the truth prevails", daily updates: mediamonitors.net ·Media Whores Online, "The site that set out to bring the media to its knees, - but found they were already there": mediawhoresonline.com ·Online Journal, "Building a New News Media, of, by and for the people": onlinejournal.com ·Rabble.Canada rabble.ca ·Roll Call - Heard on the Hill - "Inside Baseball" on Capital Hill rollcall.com ·Salon.com - Excellent content, intelligent opinions, insightful features: salon.com ·Tapped:American Prospect's Daily Dose: prospect.org ·Ted Rall: Columns and Cartoons - tedrall.com ·The Nation: Paul Newman and Friends - thenation.com ·TVNEWSLIES.org -- An Associated Press veterans take on the media: tvnewslies.org ·Unanswered Questions about 9/11 - There's sure a lot of them - unansweredquestions.org AUDIO/VIDEO: ·C-SPAN's Washington Journal - The best TV on the Web. Period. cspan.org ·Democracy Now -- Pacifica Network : democracynow.org ·KCRW -Santa Monica -"Left, Right and Center": kcrw.com **************************** What follows is the ORIGINAL THREAD HEADER FROM A DISTANT PAST. For archive purposes and nostalgia's sake, I'm leaving this here. Willkommen zu unserem neuen Gewinde, I'm sure you've all been to a revival meeting. If not, you certainly understand what they are all about. Renewal, revivification, reverence, relaxation, reflection, hopefully not reflux and certainly reciprocity, respect, refinement, reanimation of the 'animal spirits'. But what, gentle readers, is my point? If you are not here by invitation you have stumbled on something of an unconformity, I resist the term, remarkable. That must, respectfully, be in the eye and mind of the beholder. In the vernacular, YMMV. In the recesses of the fading century there was a remarkable gathering, in the environs of Cambridge and London. The Tuesday Club. Of whom, the most illustrious member remembered today is J.M. Keynes. Whom I have found only one equal for in my forays into the dismal science. Lawrence Kudlow has a clue. Others fade, falter and eventually fail. To explain, prognosticate and provide a sensible future. And now I digress. Some of you know these, I clearly need new material, but alas, the lessons are timeless. Hence, to quote the estimable Prof. Keynes: "When the capital development of a nation becomes the by-product of a casino, the job is likely to be ill done." --John Maynard Keynes, "The General Theory of Employment.....", 1936, p. 159. "It is suicidal to act rationally in an irrational market" "Speculating? (It is) the activity of forecasting the psychology of the market" "Yet it is safer to be a speculator than an investor in the sense that a speculator is one who runs risks of which he is aware and an investor runs risks of which he is unaware." "The social object of skilled investment should to defeat the dark forces of time and ignorance which envelop our future. The actual private object of the most skilled investment today (note, written in 1936) is to 'to beat the gun', as the Americans so well express it, to outwit the crowd, and to pass the bad or depreciating half-crown to the other fellow." "...professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred photographs, the prize being awarded to the competitor whose choice most nearly corresponds to the average preferences of the competitors as a whole; so that each competitor has to pick, not those faces which he himself finds prettiest, but those which he thinks likeliest to catch the fancy of the other competitors, all of whom are looking at the problem from the same point of view. It is not a case of choosing those which, to the best of one's judgement, are really the prettiest, nor even those which average opinion genuinely thinks the prettiest. We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be. And there are some, I believe, who practice the fourth, fifth and higher degrees." The General Theory, 1936 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Gentle Readers, lest you consider the man to be a mere pontificator, I wish to inform you of the British wheat market in '37: One fact (out of hundreds) that I didn't learn in school regarding Keynes was that in addition to being the leading economic thinker of the 30's and 40's (d. 1946) , was that he was an active speculator in commodities. He initiated a position in wheat futures in the Chicago market in early 1937, (trading from his home base of King's College, Cambridge). Soon the action took him into the Buenos Aires market as well. As luck would have it, his positions went under water and Keynes decided to take delivery of the wheat he had contracted for. As the ships steamed up the Thames and into London. Keynes was spotted measuring up the King's College chapel for use as a temporary grainery! He discovered that it was too small by half. You see, at the time Keynes owned the equivalent of a one months supply of wheat for all of Great Britain. Well, when the first of the ships docked, Keynes met the seller's representative to inspect the grain. Keynes claimed, and was subsequently proven correct, that the grain was not clean. (The standard test was to count the number of weevils in a cubic foot of grain, a tally over 30 weevils meant rejection.) So for the next month, the sellers agent directed day laborers in the removal of weevils from the wheat. At about the third week, a stockbroker who happened to be a member of the Tuesday Club, and privy to the machinations of Prof. Keynes, ran into one of England's largest millers. The flour man complained bitterly about some "damn speculator" who had cornered the wheat market. The broker kept his mouth shut, but reported back to Keynes. Indeed, prices moved up sharply and Keynes made a tidy profit when he finally released the grain onto the spot market! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~` Redolent in redactive reactions of resonant repinage due to the redundancy of the requiem-ready GTRF, I commence to convene the claven of cognescenti. My role, your humble corresponding secretary, your rectrix, the gentle soul of understanding (on my good days), and redoubtable recherche of the refined red herring. Omigod, am I erring? YHCS, FOTH If I move too fast, review: acronymfinder.com babelfish.altavista.com onelook.com | ||||||||||||
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