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FATTENING WALL STREET — Mike Whitney reports on the rapid metamorphosis of new Fed Chair Janet Yallin into a lackey for the bankers, bond traders and brokers. The New Religious Wars Over the Environment: Joyce Nelson charts the looming confrontation between the Catholic Church and fundamentalists over climate change, extinction and GMOs; A People’s History of Mexican Constitutions: Andrew Smolski on the 200 year-long struggle of Mexico’s peasants, indigenous people and workers to secure legal rights and liberties; Spying on Black Writers: Ron Jacobs uncovers the FBI’s 50 year-long obsession with black poets, novelists and essayists; O Elephant! JoAnn Wypijewski on the grim history of circus elephants; PLUS: Jeffrey St. Clair on birds and climate change; Chris Floyd on the US as nuclear bully; Seth Sandronsky on Van Jones’s blind spot; Lee Ballinger on musicians and the State Department; and Kim Nicolini on the films of JC Chandor.
The bulk of DARPA’s stock and trade was exposed in yesterday’s papers– but who wants them? Homeland (in)Security is a risky speculation. The terror market might fall-out, the bottom line might well disappear, and only the (over)seers of ‘schismet’ will have profited from the remains trading online predictions of terror guessing in the dark of […]

Speculation Blues

by HAMMOND GUTHRIE

The bulk of DARPA’s stock and trade
was exposed in yesterday’s papers–
but who wants them?

Homeland (in)Security is a risky speculation.

The terror market might fall-out,
the bottom line might well disappear,
and only the (over)seers of ‘schismet’
will have profited from the remains
trading online predictions of terror
guessing in the dark of DARPA that
encourages the future(s) holders
to bet heavily on themselves–

after all, they know the timetables

HAMMOND GUTHRIE is the author of AsEverWas: Memoirs of a Beat Survivor. He is the editor of the great online journal The 3rd Page. He can be reached at: writenow@spiritone.com

© 2003– HAMMOND GUTHRIE