The Financial Bridge to Recovery Doesn’t Include Non-Bankers

On the news that the large wall street banks are set to make record payouts again this year, nearly 18 months after the financial meltdown, most people might have a knee jerk reaction of disgust. Alas, no. We need these captains of industry to keep our engines of capitalism running right!?! Right?

Yeah, right into the ground…

With all this talk of change, new regulation and transparency, the success of these banks has not come as a result of any of these factors so the questions continue to be asked. Why did we even bail out the banks if they recovered so quickly, yet main street is still struggling to right their own ships?

Frank Rich has an excellent piece on the “Weapons of Financial Destruction” which are still in place today, and the same result could very well happen again in the near future.

The economy is not all doom and gloom as John Stewart points out:

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JS is right, there aren’t really many songs about banks, but Henry Rollins writes a pretty good one from the view point of the Banker themselves:
Henry Rollins – Liar
[audio:http://inallcaps.com/GOODS/2010/JAN/06%20Liar.mp3]

Searching beyond 2009

I was reviewing the Google Zeitgeist page showing the top searches, patterns and trends of 2009.

zeitĀ·geist | Pronunciation: ‘tsIt-“gIst, ‘zIt | Function: noun | Etymology: German, from Zeit (time) + Geist (spirit) | Date: 1884 | Meaning: the general intellectual, moral, and cultural climate of an era.

The information is interesting and enlightening, in that I, in no way follow any popular trends in the US. I must be fringe, or just don’t care that much about celebrity or movie/tv entertainment: 7 of top 10 Google News – Fastest Rising, 6 of top 10 Google.com – Fastest Rising, and 100% of Google Image Search top 10 are all such trends.

Google had dedicated trend pages for both Entertaining and Celebrity. If I dive deeper into these pages, I’m further aware that none of these celebrities are of interest to me except Michael Jackson and Les Paul. On the top ten TV and movies lists, I watch none of the TV shows (although that’s not a surprise as I don’t watch too much TV) and have only seen Star Trek and Avatar of the movie list. On the concert list, I’ve scene Blink 182 and U2 and don’t care to see them again, or the rest on that list.

One story I’m impressed made the list is the Missing Link as the finding of “Ida” in Germany further shows evidence of evolution of humans. Stories like this make me wonder how humans will evolve in another 47 million years (if we make it past the 2000s first).

Regarding Sports, Yankees, Steelers, Lakers, Red Wings, Roger Federer and of course Tiger Woods are all on top – no surprise for any. I am a little surprise that Coach K is the top and that the coaches list is dominated by American NFL Football and college basketball coaches. Lane Kiffin is well on his way to top the list of 2010 (and the one issue I’m on the side of Al Davis). Interesting too to see that Americans favor searching Chelsea football – the team I follow for now Arsenal is ranked 5th.

Here in New York, top searches seem to be all services except I’m quite shocked that Hale and Hearty topped Shake Shack in local food searches. Soup and salads over burgers? maybe New Yorkers are trying to get healthy on their own and DON’T NEED a salt ban (get it Bloomberg?).

The economy, healthcare (swine flu & universal health care), scandals (Bernie Madoff & Mark Sanford), bailouts (TARP & AIG) and disasters (tsunamis and earthquakes) all topped in the news for 2009 and will continue in some form into 2010. Haiti already starting the disaster trending again this year.

The Stooges – Search And Destroy
[audio:http://apt104.com/Aug%2009/iggy/12%20Search%20And%20Destroy.mp3]

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Traveling Smoker in front of 5th Ave Apple Store

Give me Liberty…

The Liberty Bell, a prominent symbol of the American Revolutionary War, was typically rung to call the Assembly together and to summon people together for special announcements and events such as elections and holidays. The Liberty Bell tolled frequently. Among the more historically important occasions, it tolled when Benjamin Franklin was sent to England to address Colonial grievances, it tolled when King George III ascended to the throne in 1761, and it tolled to call together the people of Philadelphia to discuss the Sugar Act in 1764 and the Stamp Act in 1765.

In October 1777, the British occupied Philadelphia. Weeks earlier all bells, including the Liberty Bell, were removed from the city. It was well understood that, if left, they would likely be melted down and used for cannon. The Liberty Bell was removed from the city and hidden in the floorboards of the Zion Reformed Church in Allentown, Pennsylvania.

The Liberty Bell gained iconic importance when abolitionists in their efforts to put an end to slavery throughout America adopted it as a symbol.

Today the Bell can be viewed at the Liberty Bell Center at Independence National Historical Park in Philadelphia, PA, where I took this shot late summer last year.

AC/DC – Hells Bells
[audio:https://austinvegas.com/wp-content/uploads/2010/01/ACDC-Hells-Bells.mp3]

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US History Source