From Digg: The Con That Turned the World Against America
How about some bookmark love? ::
It seems that citizens of the world have more reasons to hate America. This time it isn't Foreign Policy, it is financial policy. Read the full text of the article here.
This is about as far stretched as bad journalism gets.
Here's a checklist of what to look for in the article:
Subprime fallout :: Check
Massive Ponzi scheme :: Check
Hip-Waders to get through 5 or more layers of bad journalism :: Check
Taking a break to build third world infrastructure, and stop disease to care about the subprime fallout in the US :: Not so much.
read more | digg story
The world’s financial system came precariously close to seizing up these past couple months. In fact, as far as some big banks and financial institutions were concerned, for a moment in time, the system was in a full-blown cardiac arrest. Liquidity, the flow of money the lifeblood of todays economic structure came uncomfortably close to clotting up.
It seems that citizens of the world have more reasons to hate America. This time it isn't Foreign Policy, it is financial policy. Read the full text of the article here.
This is about as far stretched as bad journalism gets.
Here's a checklist of what to look for in the article:
Subprime fallout :: Check
Massive Ponzi scheme :: Check
Hip-Waders to get through 5 or more layers of bad journalism :: Check
Taking a break to build third world infrastructure, and stop disease to care about the subprime fallout in the US :: Not so much.
read more | digg story
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