By Juan Cole Calling the bottom of a river a “bed” is a metaphor. Imagine the river restlessly sleeping on its muddy mattress. But when we’ve so internalized a metaphor that we forget it is a figure of speech, as with the phrase “river bed,” it is called a “dead metaphor.” Labor Day is, alas, […]
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Banking
UN to Detroit: Denial of Water to Thousands 'Violates Human Rights'
By Sarah Lazare Experts slam city's aggressive drive to disconnect water from residents who are unable to pay United Nations experts declared Wednesday that the city of Detroit's shut-off of water to thousands of residents who are unable to pay their bills "constitutes a violation of the human right to water" and may be discriminatory […]
Elizabeth Warren Crushes Chris Matthews, And A Word On Cement
By Sandy Dechert Chris Matthews, host of MSNBC’s Hardball, met more than his match last Thursday when he took on lively freshman Senator Elizabeth Warren of Massachusetts. Looked as if Matthews got a bit more than he expected, in the form of a very well-reasoned and remarkably civil tongue-lashing from the Massachusetts people’s choice. A […]
Why were Wall Street & Banking not Reformed after 2008? Congress!
Why haven’t any big bankers been prosecuted for their role in the housing crisis that led to the Great Recession? These finance executives took part in “scandals that violate the most basic ethical norms,” as the head of the IMF Christine Lagarde…
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