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Thursday, December 13,2007
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Turning Back the Clock: Hot Wars and Media Populism
Books
| Umberto Eco is mainly known in America as the engaging, intelligent author of novels such as Foucault’s Pendulum and The Name of the Rose; a smaller audience is familiar with his essays on culture and literature. In his native Italy, Eco is also known as a witty political journalist and incisive commentator on the affairs of the day. Turning Back the Clock collects many recent articles on the state of things in Italy. Although the specifics will be unfamiliar to most American readers, the universal significance is apparent as Eco attacks the erosion of privacy eagerly promoted by corporations and embraced by contemporary consumers, and the decline of intelligent discourse in a media landscape of game shows and “reality” television. |
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Elections 2008
Obama seeks greater rein on financial institutions
(AP)
AP - President Barack Obama says he wants Congress to pass legislation giving the government greater regulatory authority over financial institutions like American International Group.
Sources: Pentagon to stop forced tour extension
(AP)
AP - The Army will substantially reduce use of the unpopular practice of holding troops beyond their enlistment dates and will pay $500 to those still forced to stay in the service, defense and congressional officials said Wednesday.
AIG head shares US anger of bonuses but backs them
(AP)
AP - The chief executive officer of failed insurance conglomerate AIG acknowledged Wednesday that the company's multimillion-dollar bonuses were "distasteful" to many and had provoked a firestorm of wrath. "I share that anger," Edward Liddy, chairman and CEO of the American International Group Inc., said in testimony prepared for Congress.
Analysis: White House, Dems backpedaling on AIG
(AP)
AP - For the first time since last fall's election, Democrats and the Obama administration are backpedaling furiously on an issue easily understood by financially strapped taxpayers: $165 million in bonuses paid out at bailed-out AIG.
Pence: Return AIG donations
(Politico)
Politico - House Republican Conference Chairman Mike Pence is urging politicians from both parties to strongly consider returning campaign contributions from AIG.
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Top Stories
AIG head shares US anger of bonuses but backs them
(AP)
AP - The chief executive officer of failed insurance conglomerate AIG acknowledged Wednesday that the company's multimillion-dollar bonuses were "distasteful" to many and had provoked a firestorm of wrath. "I share that anger," Edward Liddy, chairman and CEO of the American International Group Inc., said in testimony prepared for Congress.
Obama seeks greater rein on financial institutions
(AP)
AP - President Barack Obama says he wants Congress to pass legislation giving the government greater regulatory authority over financial institutions like American International Group.
Consumer prices rise by largest amount in 7 months
(AP)
AP - Consumer prices rose in February by the largest amount in seven months as gasoline prices surged again and clothing costs jumped the most in nearly two decades.
Crude
