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Showing posts with label Greek bonds. Show all posts
Showing posts with label Greek bonds. Show all posts

Sunday, February 14, 2010

Tragedy of the Commons [Today's News Poem, Feb 14, 2010]

Tragedy of the Commons [Today's News Poem, Feb 14, 2010]

“The crisis in Greece poses the most significant challenge yet to Europe’s common currency, the euro, and the Continent’s goal of economic unity. The country is, in the argot of banking, too big to be allowed to fail. Greece owes the world $300 billion, and major banks are on the hook for much of that debt. A default would reverberate around the globe. “
–The New York Times, Louise Story, Landon Thomas Jr., and Nelson D. Schwartz.

http://www.nytimes.com/2010/02/14/business/global/14debt.html?hp

The tragedy of common spaces
Reveals itself in urban texting—
In cars and trucks and bikers: laces.
They're graphed as rays and find it vexing
To foil themselves for other faces.
'Fulfill the self,' a form of hexing:
A fear from all inspires their races—
They're paranoid, except for sexing.

We strive for freedom, hence we seek a yield.
While money stores our work as energy—
It plays security in trade, a shield
From naught—it also fuels our liturgy-
Anxieties. In excess, wealth can wield
Itself and needs no other synergy:
So wealth exaggerates the jagged field;
The poor lose hope and fail to lethargy.

Karl Marx once wrote that capital's a vampire sucking work from living hosts.
We've many dooms to choose: unseen and mighty hands we pray are God's;
Or atheistic Bolsheviks; just call on revolution's ghosts—
Or fuck it all and everyone, this world was made to pit us all at odds.

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Thursday, February 11, 2010

War By Wires and Liars [Today's News Poem, Feb 11, 2010]

War By Wires and Liars [Today's News Poem, Feb 11, 2010]

“Germany's ruling coalition is considering using state-owned development bank KfW to buy Greek government bonds to ease Greece's financing problems...”

--Matthias Sobolewski and Patricia Uhlig, Thu Feb 11, 2010 8:21am EST

http://www.reuters.com/article/idUSBAT00511520100211

“The International Atomic Energy Agency, the U.N.'s nuclear watchdog agency, was quick to dismiss Iran's claim Thursday that it has produced higher-enriched uranium, calling it nothing more than "speechifying." But the record shows a series of intelligence reports spanning almost 20 years that have warned of a nuclear Iran. ”

--Greg Palkot and the Associated Press

http://www.foxnews.com/politics/2010/02/11/iran-nuclear-weapons-history-predictions/

“President George W. Bush and seven of his administration's top officials, including Vice President Dick Cheney, National Security Adviser Condoleezza Rice, and Defense Secretary Donald Rumsfeld, made at least 935 false statements in the two years following September 11, 2001, about the national security threat posed by Saddam Hussein's Iraq. ”

http://projects.publicintegrity.org/WarCard/

"we recommend that the Secretary [of Defense] task both the Under Secretaries of Defense for Policy and Intelligence, and the Joint Staff, working with the Office of the Director of National Intelligence, to create a tiger team to lay out courses of action and a way ahead for establishing a standing strategic surprise/deception entity. Once the initial work has been completed, all parts of the interagency should be brought into this effort."

http://www.acq.osd.mil/dsb/reports/2010-10-Capability_Suprise_Vol_2.pdf

No, atoms aren't the only building block
Requiring nuclear-force to bind what seeks
To free itself. Take enterprise and stock:
Those rogues—like particles— need wise techniques
To bind what otherwise would break—subvert—
Conjoined alliance. Murder's still a crime
So bind them tight with lies and let covert
And able agents sway the greedy slime:
So war becomes a suicide. And wealth?
That war by other means. With trade, the way
To kill is starve the foreigner by stealth,
And take his land, her kids: they're simply prey—
A profit center needs the casualties.
Without the gore—no war PTSDs.

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