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I’m honored to be giving a keynote talk at Highway Africa, which has become the biggest annual gathering of African journalists and has a strong element of how technology is changing journalism. A key theme this year is citizen journalism.
The conference has some scholarships available for working journalists. A link to the application is here.
But the paper, and every other bit of coverage, also notes:
While senior Democratic and Republican officials in successive administrations have for many years repeatedly denied that the trillions of dollars of debt Fannie and Freddie issued is guaranteed, the package, if adopted, would bring the Treasury closer than ever to exposing taxpayers to potentially huge new liabilities. The two companies could face significant new losses this year as the wave of housing foreclosures continues. Officials seemed to suggest, however, that they had little choice but to intervene.
Think about it for a minute. These officials were deliberately lying to you, to all of us. They knew perfectly well that they and Congresses run by both parties had created a situation in which there would be no choice but to bail out these monster companies.
We are all on the hook for billions, maybe a trillion or two, that we simply do not have. Our kids and grandkids will pay for this, unless we start dealing with reality right now by requiring some sacrifice from the basest generation, the baby boomers whose selfishness — and willingness to allow corporate corruption on a mega scale — has brought us to the edge of financial catastrophe.
And the politicians have led the parade with false promises and outright lies. We insisted they do this, or so they believed, and they responded as they normally do.
American could soon be in an Argentina-like meltdown. When you look for people to blame, if you’re older than 30, start by looking in the mirror.
Engadget, the electronics blog, has a detailed iPhone 3G review today. Good overall, but then, near the top, is this whopper:
And its 3G network compatibility finally makes the iPhone welcome the world over, especially after Cupertino decided to ditch its non-traditional carrier partnerships in favor of dropping the handset price dramatically. $200? We’re still a little stunned.
The 3G makes it mostly world-wide in coverage, but the notion that Apple has dropped the handset price to $200 is absolutely, totally bogus.
Apple did nothing of the kind. The company calling itself AT&T is subsidizing the device. But cheaper? Not on your life. In fact, you’ll pay hundreds of dollars more during your subscription period of you buy this thing. (Yes, you’ll get the 3G that the company calling itself AT&T offers as part of the deal, but not many other serious benefits.)
Engadget got suckered by the hype this time. A correction is in order.
Today was the deadline for a Judiciary Committee subpoena issued to Karl Rove, demanding his appearance before the Committee to testify on his role in the politicization of the Department of Justice and the politically selective prosecutions of Democrats. Unfortunately, Mr. Rove chose not to show up.
What are they going to do about it? Nothing, in the end, because Conyers and his Democratic colleagues are nothing but doormats for a White House that holds them in deserved contempt.
The Democrats are pathetic. Sadly they don’t seem to know why the public now rates them in single digits for approval.