Archive for September, 2008

Disaster Made in China

Tuesday, September 30th, 2008

 

Every two weeks, when we buy our usual stock of groceries, we could be poisoning ourselves.

That’s an exaggeration, of course, but considering the havoc poisoned or tainted Chinese food products have wrought worldwide, including the Philippines, who’s to say that the canned mushroom that we’ve been using for our pasta dish had not been soaked in embalming liquid? 

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Si Val…

Saturday, September 27th, 2008

It seemed as though becoming an NPA guerrilla was inevitable for Val, an expression of a higher level of commitment to a cause, if ever there was one. It was a decision that did not shock his friends. To us, it was simply a matter of time before Val decided to bear arms.

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The ‘True Secret’ of Capitalism

Saturday, September 27th, 2008

The secret of capitalism is its capacity to suck people dry. This is the doctrine that allowed the meltdown on Wall Street to happen in the first place. And this is the same doctrine that is behind the $700-billion bailout plan.

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The Attack of the Jargonites

Saturday, September 27th, 2008

As with many business or financial story, the meltdown that just happened on Wall Street is often difficult to digest, what with all the jargon and the complex methodologies used by investment and insurance companies to get to where they are now. Does anyone really know what a “derivative” is or what a “credit default swap” really means? And who the hell are Fannie Mae and Freddie Mac?

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