Friday, December 18, 2015

     Carlos Bustamante, a former Orange County executive and one-time rising star in the local GOP, pled guilty late Friday morning to multiple sex crimes and theft of public funds, according to a press release from the Orange County District Attorney's Office....
‘The Big Short,’ Housing Bubbles and Retold Lies
(NYT)
Paul Krugman DEC. 18, 2015
     …Sure enough, “The Big Short” has already been the subject of vitriolic attacks in Murdoch-controlled newspapers; if the movie is a commercial success and/or wins awards, expect to see much more.
     The thing to remember, when you see such attacks, is why they’re taking place. The truth is that the people who made “The Big Short” should consider the attacks a kind of compliment: The attackers obviously worry that the film is entertaining enough that it will expose a large audience to the truth. Let’s hope that their fears are justified.

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The return of the curious "Shooting Star" saga

     Back in 2012, I wrote a series of posts about the mysterious sinking, in 1974, of the yacht "Shooting Star," which took th...