A Football Report: The beauty of football is all but lost; this is now ‘The Ugly Game’
WALL ST. JOURNAL: "U.S. securities regulators are in talks with several major Wall Street banks to settle fraud allegations related to mortgage-bond deals that helped unleash the financial crisis, according to people familiar with the matter. The expected settlements, some of which could be reached as soon as next week, collectively mark the biggest attempt by enforcement agencies to hold Wall Street accountable for its role in the subprime mortgage bust."
The Occupy Wall Street movement is spreading quickly to many cities and states, and could possibly become a nascent third party within the Democrats. Predictably, it is being attacked from the right as “socialist.” Actually, it is capitalist, but believes in the regulation of capitalist institutions. What we live under now is a system of Corporate Socialism, a welfare state for the rich. It seems to me that your politics can be defined by whose side you are on. Tea Party members are mostly on their own side. They believe they should pay lower taxes, or none. If we can’t pay for health care, tough luck. The Occupation forces, who seem more affluent and might benefit more from lower taxes, are on the side of those being exploited by an unregulated Wall Street.
Roger Ebert (via azspot)

It’s remarkable how few seem to grasp this fairly basic concept. (via danielholter)

(via shortformblog)