Word: nothingism
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Dates: during 2000-2009
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1. On the real problem facing American journalism: 2008 might have been a bad year for the journalism biz, but if nothing else, it demonstrated what media critics have suspected for years: "It is now all but settled that advertising revenue - the model that financed journalism for the last century...
One of the things that Congress and the Administration knows but do not want to admit in public is that bailouts are messy affairs where most of what is planned does not work and one of the unintended consequences is that the process of salvaging large institutions is rarely fair...
AIG is turning out to be the most cumbersome and embarrassing of the government's neighborhood improvement projects. Word made it out recently that employees in the division that caused most of AIG's losses would be getting $450 million in bonuses. Some of the media put the number lower...
Selling the parks does not bring in enough capital to close the gap in a deficit that will be well over $1 trillion this year, so the list of items that the U.S. would have to sell or lease needs to be a great deal longer. It is not well...
There's an uproar about whether the government should let AIG fail, a debate re-energized by the latest revelation of bonus payments going to AIG's executives. In fact, there's a good case to be made that AIG should fail, and it has nothing to do with bonuses...