WTW : Understanding the Economic Crisis, Part 1

Below you will find a video I made regarding the current economic crisis.  I explain where I think it came from, what happened, who profited, who lost, why, what we can do, and who should pay.

That is here…

The rest of the World This Week October 5, 2008 show should be up tonight or tomorrow morning.  The video is in the can, now it’s just editing time.  I think I did a decent job with the above video and learned a couple more tools.  Things should keep improving, and I should have a PIP debate in Part 2 of the Update.

Hope ya’ll are having a nice day, as more money evaporates from the computer harddisks of the world.   Watch the video to understand why.

The Next Lebanese / Israeli War

A new war between Israel and Lebanon has erupted, but this time the war is not geopolitical, but rather an issue of cuisine-who has sovereignty over traditional Arab dishes and sandwiches.

The president of the Lebanese Industrialists Association Fadi Abboud, said he is preparing to file an international lawsuit against Israel for allegedly “taking the identity of some Lebanese foods” and thus violating a food copyright.

In a way the Jewish state is trying to claim ownership of traditional Lebanese delicacies like falafel, tabouleh and hummus” Abboud said.

According to Abboud, the Lebanese are losing “tens of millions of dollars annually” because Israel is selling and marketing traditional Lebanese dishes.

“The Israelis are marketing our main food dishes as if they were Israeli dishes,” he charged.

via Lebanese union to sue Israel for ‘claiming ownership’ of falafel – Haaretz – Israel News.

This is the kind of war I can watch with delight.   You see, the only way to decide this is to eat a whole bunch of good food and see who is really the best at making it.  We can also have civil historical discussion about how everone in the Middle East (and the World) are from the same big family and with so much good food to eat, it’s not worth killing each other.

To be honest, however, this might actually become an issue as it has in the EU.  Recall, many foodstuffs are named for the place where they were born, so to speak, and it can be argued this label is something that should be defended for accuracy and quality sake.  I don’t know if “falafel” is a city/town/O’Reilly fetish in history, but if someone has a good argument for why the term should be protected, take it to your lawyers and see how it works.

And in this case, you might want to avoid the lawfirm of Abraham, Isaac, and Hummus.

Wondering About Waziristan

A US strike on a Pakistani village near the Afghan border has killed at least nine people including suspected foreign militants, Pakistani sources say.

Initial reports said at least 20 people had died when an unmanned aircraft (drone) fired on the village in North Waziristan region.

But officials later talked of between nine and 12 deaths.

The US military has not confirmed any drone attacks and a Pakistani spokesman said there had been no intrusion.

North Waziristan is a stronghold of Islamic militants, including the Taleban and al-Qaeda, which US and other international troops are fighting in Afghanistan.

via BBC NEWS | World | South Asia | ‘US strike’ hits Pakistan village.

Many people, one of whom isn’t John Mcain, don’t know where Waziristan is. As you can see from the map under the above link, it’s a part of the Pakistan/Afghanistan border “tribal areas”.

Also interesting about it is, well, that’s where the GWoT is currently happening.

This came up in the second Presidential debate last night, with McCain making a point about strikes in Waziristan (and other pseudo-anonymous regions). His point wasn’t that such strikes shouldn’t happen (he’s all for them), his point was that Obama was naive for saying that such strikes might happen if Pakistan doesn’t do them for us.

I.e. it was a tactical communication point, not a strategy point.

The facts on the ground reveal that this particular Rubicon has already been crossed. Arguing about whether or not we are going to have had talked about doing it is silly (yes, I think I conjugated that correctly).

While the big stick is swinging, no one can hear the soft voice.

Five Mavricky Myths About John McCain

Top gun or spoiled brat? Contributing editor (and this blog’s author) Tim Dickinson separates the facts from the fiction on the Republican presidential candidate.

via Five Myths About John McCain : Rolling Stone : National Affairs Daily.

I thought this was pretty well put together because it is simple explanations…like how McCain *grew up* in D.C. and his first job was as a lobbyist…and how his penchant for crashing planes should have cost him his wings but for the Admiral in his family photos.