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HOW MODERN MONEY WORKS — Economist Alan Nasser presents a slashing indictment of the vicious nature of finance capitalism; The Bio-Social Facts of American Capitalism: David Price excavates the racist anthropology of Earnest Hooten and his government allies; Is Zero-Tolerance Policing Worth More Chokehold Deaths? Martha Rosenberg and Robert Wilbur assay the deadly legacy of the Broken Windows theory of criminology; Gaming the White Man’s Money: Louis Proyect offers a short history of tribal casinos; Death by Incarceration: Troy Thomas reports from inside prison on the cruelty of life without parole sentences. Plus: Jeffrey St. Clair on how the murder of Michael Brown got lost in the media coverage; JoAnn Wypijewski on class warfare from Martinsburg to Ferguson; Mike Whitney on the coming stock market crash; Chris Floyd on DC’s Insane Clown Posse; Lee Ballinger on the warped nostalgia for the Alamo; and Nathaniel St. Clair on “Boyhood.”
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