Month: July 2007
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GE Bails Out of Sub-Prime Market
(via Reddit) General Electric (GE), the US conglomerate, confirmed today that it is offloading its sub-prime mortgage business as American-based banks increase the number of foreclosures (or repossessions) on homeowners with a poor credit history.
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Chuck Palahniuk's Writing Process
The author of Fight Club describes his writing process.
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Nearly Half of Iraq Insurgents From Saudi Arabia
Do you ever feel like the two taboo countries to talk about are Israel and Saudi Arabia? More media failure: The Los Angeles Times reports today that according to a senior U.S. military officer and Iraqi lawmakers, about 45% of all foreign militants “targeting U.S. troops and Iraqi civilians and security forces are from Saudi […]
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Michael Moore/CNN Fracas Continues
CNN issues a statement: “It’s ironic that someone who has made a career out of holding powerful interests accountable is so sensitive to having his own work held up to the light by impartial journalists, as we did in our examination of ‘SiCKO,’ ” the spokesperson said. Passive-agressiveness saves the day.
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Bill Kristol is Always Wrong
Whatever he’s smoking, I want some: We’re not in a civil war. This is just not true. American troops are attacking al Qaeda. They’re attacking some elements of the Shi’a militias. They’re doing other things, helping with reconciliation. They are not in the middle of a civil war. It’s not true. [youtube]Eo66pm4kMHU[/youtube] (via ThinkProgress)
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Bill Moyers Takes on Impeachment
Two rules in media: don’t piss off Studs Terkel and don’t piss off Bill Moyers. The video is now online: Moyers on Impeachment.
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Pelosi Heckled at Ribbon Cutting
Nancy Pelosi was minding her own business ignoring the obvious and attending a ribbon-cutting ceremony: About a dozen people chanted “Impeach now!” as Pelosi spoke at the dedication of the $144 million, 18-story landmark office complex, which boasts cutting-edge energy efficiency features. As Pelosi and other dignitaries prepared to snip the ceremonial ribbon, a heckler […]
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Michael Moore to CNN: 'I'm Going to Become Your Worst Nightmare'
Didn’t they know that Michael Moore just can’t let anything go? I think Moore is learning more with this movie out that he has to have all of his facts stocked in an arsenal ready to go at any time. Also keep in mind that the more Moore-bashing that consists of how large or slovenly […]
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Individual Repeating Opinion Thrice = Consensus
PsyBlog: In fact, if one person in agroup repeats the same opinion three times, it has 90% of the effect ofthree different people in that group expressing the same opinion. Whenyou think about it, that is strange. Indeed, I’m not sure I’d evenbelieve it if I hadn’t already read many other psychology studies thatpoint to […]
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Late 1990s NYC Crime Drop: Less Lead Exposure?
Yeah I know Freakonomics guy says abortion but: The theory offered by the economist, Rick Nevin, is that lead poisoning accounts for much of the variation in violent crime in the United States. It offers a unifying new neurochemical theory for fluctuations in the crime rate, and it is based on studies linking children’s exposure […]