every so often, gawker hits the nail on the head and perfectly articulates my otherwise-incoherent sense of outrage at something ridiculous. usually it has to do with the new york times, which sometimes does this thing where they get self-conscious about being too liberal and so they try some pseudo-conservative tack on an issue, but then they pick the one issue where the conservative point of view is either non-existent or patently false and print something so absurd that i literally want to throw the paper into the nearest sidewalk garbage can and set the entire block on fire.
attempting to make a sympathetic case as to why the very same AIG execs who f****d our country by pissing away billions in astoundingly irresponsible derivatives trading should not merely keep their jobs (while millions of RESPONSIBLE americans lose their own) but should also REAP MILLIONS IN BONUS CASH FROM THOSE AMERICANS’ POCKETS — on the goddamn front page of the paper, no less — is a journalistic crime of the highest order. seriously, nytimes, eff you.
“The housing bubble was the ultimate expression, and perhaps the last gasp, of an economic system some 80 years in the making, and now well past its “sell-by” date. The bubble encouraged massive, unsustainable growth in places where land was cheap and the real-estate economy dominant. It encouraged low-density sprawl, which is ill-fitted to a creative, postindustrial economy. And not least, it created a workforce too often stuck in place, anchored by houses that cannot be profitably sold, at a time when flexibility and mobility are of great importance.”—
excellent article in this month’s atlantic about the changing american landscape.