Norman Solomon writes a column that almost hooks you in but if you're on to Norman, you'll enjoy this comment left at ZNet in reply to his article:
By Samson, at Oct 18, 2010 17:33 PM
That really does say it all. And I'm sorry I have little to no use for Norman Solomon at present. Danny Schechter, however, has a good column at ZNet:
The gaggle of reporters that covered the mine rescue as a human-interest story—not a political issue—missed the back-story there, just as they miss our own here.
Far fewer reporters are covering this crisis?
Here in Floriduh, one epicenter of the housing catastrophe, homeowners were shell-shocked by the latest fraudclosure crime wave. Denise Richardson writes in the Sun Sentinel, “Last I knew, knowingly signing documents fraudulently and using them in a court of law is frowned on, right? It's criminal, isn't it? Or is it only criminal if you are a homeowner and not a bank? Seems we've gone to great lengths to create and then accept a double standard here.
Perhaps these financial crimes—yes, that’s what they are, crimes—continue to happen because we never addressed the real problems to begin with. You can’t fix a problem you don't acknowledge. Does anyone believe that was done to help protect the rights of homeowners? Let’s call it what it is: fraud.”
An attorney in Deerfield Beach Fla., representing 3000 foreclosure victims, has taken hundreds of depositions from Bank employees who admit they knew nothing about the details of the evictions they signed off on. Many are now being put down as “Burger King Kids” yet they know more about real whoppers than this lot knows about real estate. RealtyTrac reports that foreclosure and REO homes accounted for 24 percent of all residential sales during the second quarter? That is huge!
Here in relatively affluent Palm Beach County, homeowners are Number l in the state for the average number of loans in foreclosure that are delinquent. It has the fourth highest number of foreclosures, 45, 829 with an average delinquency of 623 days. You will recall that Bernie Madoff once turned Palm Beach into a hunting ground for his ponzi scheme.
This situation is worse than we realize, and not just for the people most directly affected. No one knows how much the banks will lose in the class action suits, fines and legal actions to come. Some think it could be tens of billions suggesting another bailout may be in the offing, probably by the Federal Reserve Bank.
That's near the middle. I stopped reading at the end of the above. It is a great column. I wanted it to stay one. I was so afraid that it would veer off into voting or something else. I'm so tired of people trying to tell me what to do. Just report on stuff that matters. (And if we're all lucky, Danny did that throughout. That not only would give us something worth reading, it would enrich our knowledge of the crisis.)
Okay, let's do Third. Along with Dallas, the following worked on the latest edition of Third:
The Third Estate Sunday Review's Jim, Dona, Ty, Jess, and Ava,
Rebecca of Sex and Politics and Screeds and Attitude,
Betty of Thomas Friedman Is a Great Man,
C.I. of The Common Ills and The Third Estate Sunday Review,
Kat of Kat's Korner (of The Common Ills),
Cedric of Cedric's Big Mix,
Mike of Mikey Likes It!,
Elaine of Like Maria Said Paz),
Ruth of Ruth's Report,
Wally of The Daily Jot,
Trina of Trina's Kitchen,
Marcia of SICKOFITRDLZ,
Stan of Oh Boy It Never Ends,
Isaiah of The World Today Just Nuts,
and Ann of Ann's Mega Dub.
And we came up with?
Cindy Sheehan's not Peace Mom for nothing.
Justin Raimondo also had a really strong one.
Jim breaks down the edition. As my head breaks down. :( I don't know why I always have the worst headaches Monday nights, but I do.
I like this. I wish it were longer but I do think it works. I also know, well I'll wait on that.
Ava and C.I. wrote this mammoth piece. And it was so hard for them to write. They did a lot of backwork speaking to people at ABC and NBC and at 30 Rock. And then writing it was just really hard for them and they aren't usually. They got about a paragraph every 15 minutes which is so slow for them. But it reads amazing. They did a wonderful job.
Jim left me out in the note! I was one of the leaders on this piece! (He actually e-mailed me Sunday night and said, "Mike, did I leave you out?" Yeah, but that's cool.) We'd done the editorial and there was talk about setting this topic aside for next week so we could just go to sleep but we all agreed this was too important an issue to shelve it for a week.
An e-mail roundtable. The topics were raised in e-mails. C.I. doesn't speak once. How come? She really feels like she's got more than enough outlets (TCI, the newsletters) and doesn't want to hog space or time. I disagree with that idea -- that her sharing would be hogging anything. And Ty tells me a number of e-mails have come in asking why she didn't say anything -- this was like the second roundtable in a row where she hasn't said anything.
Parks & Recreation. They got the DVD set early. And they watched it -- and C.I. passed it on to me so we watched it. And we wanted to write this piece about a really funny show.
Socialist Worker repost.
Okay, that's it for me. Here's C.I.'s "Iraq snapshot:"