The Rag Blog: Gotcha' Bank Right Here...

17 March 2008

Gotcha' Bank Right Here...

George W. Bush puts an optimistic spin on purchasing Bear Stearns for $2 per share when it traded last year for $159.

BuckFush.com
Thanks to Jim Baldauf / The Rag Blog

Onward Through the Blog

The Rag Blog is a reader-supported newsmagazine produced by activist journalists committed to progressive social change. The Rag Blog is published by the New Journalism Project, a 501(c)(3) Texas non-profit.

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Austin, Texas 78761-6442

THE RAG: A Film

Part I of a documentary film
about the life and times of
Austin's pioneering underground
newspaper, The Rag (1966-1977),
by People's History in Texas. The Rag Blog and Rag Radio are a digital-era rebirth of The Rag.

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Recent Stories

Tom Hayden : Progressive Dems See Opening for New Politics by Tom Hayden / The Rag Blog. The sight of progressive Democrats shaming and exposing the Wall Street-funded "Third Way" Democrats is a sign of a powerful new opening for progressives on the American political spectrum.
Jack A. Smith : Climate Change Confab Brings Too Little Too Late by Jack A. Smith / The Rag Blog. The sharply increasing scientific indicators of impending disastrous global climate change have failed to motivate the principal developed countries to accelerate the lackluster pace of their efforts to reduce greenhouse gas emissions.
Lamar W. Hankins : Opportunist Narvaiz Takes On Doggett Again in Gerrymandered 35th by Lamar W. Hankins / The Rag Blog. Former San Marcos mayor Susan Narvaiz, who is again challenging U.S. Rep. Lloyd Doggett in Texas' gerrymandered 35th district, is a political chameleon who says what she needs to say to protect herself from political accountability.
Steve Horn : Keystone XL's Houston 'Fork in the Road' by Steve Horn / DeSmogBlog. The southern half of TransCanada's Keystone XL tar sands pipeline includes a "Houston Lateral Pipeline" that is leading the LyondellBasell refinery to retool itself for the looming feast of tar sands crude and fracked oil bounty.
RAG RADIO / Thorne Dreyer : November Guests Include Spiritual Counselor, Citizens' Advocate, Singer-Songwriter by Rag Radio / The Rag Blog. Thorne Dreyer's guests in November included a Methodist minister and longtime social activist, a noted citizens' advocate, two staffers from the original Rag, the author of a book about the 'movement that started the civil rights movement,' and an acclaimed singer-songwriter. Listen to the podcasts here.
BOOKS / Alan Wieder : Paul Buhle's 'Radical Jesus: A Graphic History of Faith' by Alan Wieder / The Rag Blog. Noted historian Paul Buhle, who has published an acclaimed series of nonfiction comics, is one of the most prolific and insightful critics from the American left. "Radical Jesus," which communicates the social message of Jesus Christ in comic format, investigates the inequalities that exist in the world through a theological lens.
Rabbi Arthur Waskow : Israel, Hillel, and Idolatry by Rabbi Arthur Waskow / The Rag Blog. Hillel International, the "home" for many Jewish college students of diverse backgrounds and beliefs, has been beset with controversy about when uncritical support among American Jews for Israel becomes "idolatry of the State."
Paul Krassner : Is There a Doctor in the House? by Paul Krassner / The Rag Blog. The Coachella Valley in Southern California hosted a massive four-day health clinic that helped more than 2,500 uninsured patients. Krassner points out that California leads the nation in people without health insurance and says that "the insurance industry has a preexisting condition known in technical terminology as greed."
Kate Braun : Winter Solstice Falls on Saturn's Day by Kate Braun / The Rag Blog. Our celebrations during the Winter Solstice take from many traditions, including the Roman Saturnalia, Druid customs, the German "Yule," and the birth of Jesus; and it was Queen Victoria who popularized the lighted Christmas tree.
Allen Young : Ralph Dungan, the 'Good Liberal' by Allen Young / The Rag Blog. A recent obituary of Ralph Dungan, one of President John F. Kennedy's top aides who later served as ambassador to Chile, reminds Allen of a revealing experience he had with the man referred to by a historian as a "good liberal."
Ed Felien : A Good [Angry White] Man With a Gun by Ed Felien / The Rag Blog. Paul Anthony Ciancia considered himself a "good man with a gun" -- a warrior against the traitors who were taking over our government, bankrupting our currency, and trying to establish a New World Order -- when he walked into the Los Angeles airport and opened fire with an assault rifle.
BOOKS / Ron Jacobs : Matt Hern Writes With Bravado That Sports Do Matter by Ron Jacobs / The Rag Blog. Engagingly written, Matt Hern's "One Game at a Time" is motivated by the belief that sports do matter as much as sports fans think they do. Hern, like leftist sportswriter Dave Zirin, "walks into the terrain where sports and politics mesh."
Lamar W. Hankins : Right-Wing Rants and the Abominable Straw Man by Lamar W. Hankins / The Rag Blog. The Internet is a marvelous tool when used honestly and correctly, and with recognition of its limitations. But it is also home to angry rants, often from the far right, that make ridiculous claims -- like the one (that actually originated on a satirical site) saying that the Obama administration was setting up gasoline stations to provide free gas to low-income [read: black] people.
HISTORY / Bob Feldman : A People's History of Egypt, Part 12, Section 1, 1947-1948 by Bob Feldman / The Rag Blog. More in Bob's series on the continuing movement to democratize Egypt, this time covering the period from 1947-48 when an anti-imperialist left made experienced growth -- and the Muslim Brotherhood collaborated with the Egyptian regime.
Harry Targ : My Nelson Mandela by Harry Targ / The Rag Blog. An irony of 21st century historical discourse is how real historic figures -- like the late Nelson Mandela -- get lionized, sanitized, and redefined as defenders of the ongoing order rather than activists who committed their lives to revolutionary change.
Michael James : Back to Uptown, 1965-1966 by Michael James / The Rag Blog. Mike continues his remarkable memoir, accompanied -- and inspired by -- photos from his upcoming book. His adventures -- and the making of an activist -- continue as he heads back to Uptown Chicago, "progressing along my path with another left turn and a big step into America."
Alan Waldman : ‘Last of the Summer Wine’ Has Kept Millions Laughing for 37 Years by Alan Waldman / The Rag Blog. British national treasure, Roy Clarke, created and wrote all 295 episodes of this droll Britcom about three elderly Yorkshiremen with too much time on their hands.
Alice Embree : Chile and the Politics of Memory by Alice Embree / The Rag Blog. Chileans went to the polls Sunday and appear to be reelecting Socialist president Michelle Bachelet on the 40th anniversary of the bloody U.S.-supported coup against Socialist president Salvador Allende. Alice writes about the dramatic contradictions in Chilean politics and history.
Paul Krassner : A Tale of Two Alternative Media Conferences by Paul Krassner / The Rag Blog. Paul remembers the original Alternative Media Conference in June 1970 at Goddard College in Vermont -- and it was a wild and wooly affair headlined by the likes of Ram Dass, Harvey Kurtzman, and Art Spiegelman -- as the college hosts another conference keynoted by progressive radio host Thom Hartmann.
RAG RADIO / Thorne Dreyer : Singer-Songwriter Slaid Cleaves in Interview and Performance Interview by Thorne Dreyer / Rag Radio. Acclaimed musician Cleaves talks about Woody Guthrie's influence on his work, reflects on his time as a busker on the streets of Ireland, and spins some yarns. He also performs live for our audience. Read the story and listen to the podcast.
Harry Targ : STEM and the Tyranny of the Meme by Harry Targ / The Rag Blog. From the fear of "falling behind the Soviets" to the missile gap and, more recently the wars on drugs and terrorism, the fear of falling behind some fictional adversaries is an ongoing "meme" used by economic, political, and military elites. The latest? Now it's the "STEM crisis" and the fear that we're falling behind other nations in science and technology .
Alice Embree : Anne Lewis' New Website Brings Austin Movement History to Life by Alice Embree / The Rag Blog. Noted documentary filmmaker Anne Lewis has created a website called Austin Beloved Community that uses audio, film, photos, maps, and personal recollections to create a "digital collage" about the struggle for social and economic justice in Austin from the 1880s to the present. Alice interviews Lewis about the unique project.
BOOKS / Ron Jacobs : Marc Myers Tells Us 'Why Jazz Happened' by Ron Jacobs / The Rag Blog. Ron reviews a new book on America's own music in which Marc Myers "provides the reader with a deep, rich, and broad perspective on the confluence of jazz and U.S. history in the decades following World War Two."
INTERVIEW / Jonah Raskin : Novelist Beverly Gologorsky Was Shaped by Sixties, Feminism, and The Bronx by Jonah Raskin / The Rag Blog. Another unique interview from Jonah with novelist Beverly Gologorsky, whose latest book, "Stop Here," "the title of which nearly shouts its presence. Gologorsky, "a novelist shaped by the New Left," edited anti-war publications Viet-Report and Leviathan in the '60s and '70s.
Bob Feldman : A People's History of Egypt, Part 11, Section 2 by Bob Feldman / The Rag Blog. The latest in Feldman's series on the "movement to democratize Egypt" covers the period of 1945-6 when Egyptian communist and labor grew and faced government retaliation.
David McReynolds : We Are All Wounded Veterans by David McReynolds / The Rag Blog. Long-time pacifist writer and activist McReynolds says there's something "infinitely sad" about the recent celebration of Veterans Day. "In the bad wars -- which are the only wars we have fought for some time now -- there is the terrible knowledge that the enemy was never really the enemy," he says.
RAG RADIO / Thorne Dreyer : October Interviews with Poppy Northcutt, Maneesha James, Seth Holmes, and Thomas Zigal Interviews by Thorne Dreyer / Rag Radio. In October Rag Radio guests addressed Texas feminist history, issues involving death and dying, the plight of migrant farmworkers, and the post-Katrina craziness captured in fiction. Read about our guests and listen to the podcasts here.
Michael James : Going Off Campus, 1965 by Michael James / The Rag Blog. Mike continues to share experiences and images from his rich history as an activist and adventurer -- that will be published in an upcoming book, "Michael Gaylord James' Pictures from the Long Haul." Here Mike reports on the Free Speech Movement at Berkeley, community organizing in Oakland, and his travels across the country in a 1957 Plymouth station wagon "drive-away."
Alan Waldman: 'Keeping Up Appearances' Tops Second Tier of My Favorite Britcoms by Alan Waldman / The Rag Blog. Waldman has been reviewing vintage, mostly-British television series now available on DVD, Netflix, and YouTube. "Keeping Up Appearances" "is a very funny sitcom with a brilliant cast," starring Patricia Routledge as social-climbing snob Hyacinth Bucket.

17 March 2008

Gotcha' Bank Right Here...

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