The deeper evidence about this event won’t be found in the train’s black box, or by questioning the one engineer who left the train before it loosened and careened unmanned into the heart of this tiny town. For that you’ll have to look at how Lac-Mégantic was hit by a perfect storm of greed, deregulation and an extreme energy rush driving companies to ever greater gambles with the environment and human life.
(M)embers of Congress, who often gain access to inside information about a company while they are lobbied and who also have some ability to influence the fate of companies through legislation, return a profit on their investments that beats market averages by 5 to 10 percent per year, a remarkable rate that would make even Bernie Madoff blush.
Nate Silver, “The Signal and the Noise,” page 342. (via joshsternberg)
The beginning is near.
Coast Salish natives opening today’s Occupy Vancouver movement.
One of the #OccupyVancouver organizers speaking earlier today.
Easily the best Occupy Wall Street video yet
Ostap Karmodi: Do you feel we’re living in an age of consumerism or is that just a media concept that doesn’t have any real meaning?
David Foster Wallace: This question, as you know, is very complicated. I can give answers that are somewhat simple and I can really talk only about America, because it’s really the only society that I know. America, as everybody knows, is a country of many contradictions, and a big contradiction for a long time has been between a very aggressive form of capitalism and consumerism against what might be called a kind of moral or civic impulse.
Photo: Steve Rhodes
Read this please. Troof.