THE HAMMER OF THOR AND LIZ AND BARBRA AND GEORGE AND KAMALA
Lately, I’ve returned to my roots in investigative journalism. I’m trying to get to the bottom to a recurrent episode of collective madness where every four years a marauding posse of celebrities, media figures, and supreme court justices go rampaging through the political landscape w...
Eugene Linden
STOLEN PRESIDENTIAL ELECTION! (DEFINITELY FLORIDA!)
TECH BUBBLE BURSTS, CREDIT BUBBLE BEGINS
9/11
INVADE WRONG COUNTRY, FAIL TO CATCH/KILL PERPETRATORS OF 9/11, SPEND $1-2 TRILLION WE DONT HAVE, AMERICANS URGED TO FIGHT TERRORISM -- BY SHOPPING!
TORTURE YES! GENEVA CONVENTION NO! HABEUS CORPUS HABEUS SCHMORKAS! BILL OF RIGHTS -- PABLUM FOR PUSSIES WHO LIKE TERRORISTS
GLOBAL WARMING? THATS FOR PUSSIES TOO!
SUBPRIME FOR ALL
FINANCIAL INDUSTRY HEARTS LOAN PACKAGING; SELLS PACKAGES TO ASIANS, EUROPEANS, PENSION FUNDS -- AND EACH OTHER
RISING HOME PRICES MAKES EVERYONES CREDIT BETTER THAN AVERAGE!
STOLEN PRESIDENTIAL ELECTION? (MAYBE OHIO?)
BORROWERS GONE WILD EVERYBODY JOINS THE CREDIT BINGE; RISK - WHAT RISK? LEVERAGE = $$$! SAVINGS WHY?
GLOBE WARMS, NATIONS DITHER
YOU MEAN I HAVE TO PAY THIS MORTGAGE?
MY MONTHLY PAYMENT GOES TO WHAT?
CHINA! OTHER BRICS TOO! ICELAND GOOD! IRELAND- GOOD!
HOME PRICES STALL; SUCKERS WHO BOUGHT SECURITIZATIONS GO ON STRIKE.
AUG 2007 CREDIT CRUNCH LITE
NOV 2007 DOW AND S&P NEW HIGHS! ONE MONTH LATER RECESSION!
BEAR! LEHMAN! AIG! TOO BIG TO FAIL! REPUBLICAN PRESIDENT SHOVELS MONEY AT BANKERS, NO SURPRISE.
AMERICA VOTES FOR CHANGE!
AMERICA GETS OLD ECONOMIC TEAM, OLD IDEAS. DEMOCRATIC PRESIDENT SHOVELS MONEY AT BANKERS BIG SURPRISE!
UNEMPLOYMENT, CREDIT CRUNCH, DELEVERAGING!
PEAK EVERYTHING!
ICELAND-BAD! IRELAND BAD! ALSO LATVIA, GREECE, DUBAI, ETC.
GLOBE WARMS, NATIONS DITHER
RIP: EMH, SHADOW BANKING, NEWSPAPERS/PUBLISHING/PRINT, THE GOOD LIFE
The American Meteorological Society names Fire and Flood its book of the year for 2023, awarding it the Louis J Batton Author's Award.
"Eugene Linden wrote his first story on climate change, for Time magazine, in 1988; it was just the beginning of his investigative work, exploring all ramifications of this impending disaster. Fire and Flood represents his definitive case for the prosecution as to how and why we have arrived at our current dire pass, closing with his argument that the same forces that have confused the public’s mind and slowed the policy response are poised to pivot with astonishing speed, as long-term risks have become present-day realities and the cliff’s edge is now within view.
Starting with the 1980s, Linden tells the story, decade by decade, by looking at four clocks that move at different speeds: the reality of climate change itself; the scientific consensus about it, which always lags reality; public opinion and political will, which lag farther still; and, arguably, most importantly, business and finance. Reality marches on at its own pace, but the public will and even the science are downstream from the money, and Fire and Flood shows how devilishly effective monied climate-change deniers have been at slowing and even reversing the progress of our collective awakening. When a threat means certain but future disaster, but addressing it means losing present-tense profit, capitalism's response has been sadly predictable.
Now, however, the seasons of fire and flood have crossed the threshold into plain view. Linden focuses on the insurance industry as one loud canary in the coal mine: fire and flood zones in Florida and California, among other regions, are now seeing what many call climate redlining. The whole system is teetering on the brink, and the odds of another housing collapse, for starters, are much higher than most people understand. There is a path back from the cliff, but we must pick up the pace. Fire and Flood shows us why, and how." From Catalog Copy