Fanny&Freddie.Booze.Utopia

Posted on March 31, 2011

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fannie and freddie are at it again, apparently not only are they too big to fail, but too big to give a flying fuck:

“This is especially true when you realize that the U.S. Treasury has invested close to $154 billion to stabilize Fannie Mae and Freddie Mac,” and they “are spending tens of millions of dollars for executive compensation.”

I really have a hard time understanding how people are even trying to do this.  over 35 million dollars paid to top executives during 2 years, after taxpayers monies were invested to make sure they didn’t implode.  They really feel zero accountability. I hope people are enraged. If the media covers it.

This is from Davey D’s blog on a new drink that will be marketed to Urban communities:

My question is why aren’t we hitting our community off with things that might be more useful? Why aren’t companies with more wholesome products not coming at our community with all the bells and whistles? Are we really all about drinking enhanced alcohol drinks so that we stay permanently buzzed and high or are we worthy of being approached for other things?…Here’s the larger point, Colt 45/ Pabst is intending to pull out all the stops and go for the hearts, minds and pocket books of folks in our community with this beverage.. What sort of things are WE pushing on our folks?

well worth a read. as is most of his blogs. bookmark it!

And this is a short post on Utopia (originally saw at feministing.com)

 

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