Tues, Sept 22

2023—Canada’s Parliament gives a standing ovation to “Ukrainian hero” Yaroslav Hunka—an SS vet of WW II. 2003—“A year from now,” Richard Perle says, “I’ll be very surprised if there is not some grand square in Baghdad that is named after President Bush.” 1987—Navy Reserve Capt. Timothy J. Dorsey shoots down a Navy plane during a training exercise. Its crew survives with injuries. Dorsey’s career is unscathed: daddy’s an Admiral. 1975—’Nam vet Oliver Sipple deflects Sarah Jane Moore’s shot, saving Jerry Ford. Harvey Milk outs him; newspapers report he’s gay. He dies at 47, drunk, disowned, and alone. 1970—President Nixon demands more FBI spies for college …

Read more

Mon, Sept 21

2014—ISIS calls Sec. of State John Kerry an “uncircumcised old geezer.” 2001—CIA chief George Tenet tells the V.P. his claim that Iraq and al-Qaeda are linked is crap, but Dick “Dick” Cheney goes on repeating it. 1989—The Chase Manhattan Bank accepts for deposit a check sent as a prank by Spy Magazine. Endorsed by “short-fingered vulgarian” Donald J. Trump, it’s for $0.13. 1983—President Reagan’s Interior Secretary James G. Watt boasts about his staff’s diversity: “I have a Black, a woman, two Jews, and a cripple.” 1982—Edward Lee Howard, a CIA officer suspected of spying for the U.S.S.R., eludes FBI surveillance in Santa Fe and splits …

Read more

Sun, Sept 20

2024—Tom Homan, who’s now Border Czar, accepts $50,000 cash in a paper bag, telling FBI agents he’ll help them get contracts if Trump is elected. 2006—“The devil came here yesterday,” says Hugo Chavez at the UN, “and it smells of sulfur still today.” 2001—George W.[MD] Bush declares a War on a noun, viz., Terror, before a joint session of Congress, which somehow takes him seriously. 1968—A U.S. military spokesman in Saigon says Agent Orange has no harmful effects on human health. 1958—A deranged woman stabs Martin Luther King, Jr. while he’s autographing books in Harlem. 1945—Ex-Nazi, former SS member, and rocket scientist Wernher von Braun …

Read more

Sat, Sept 19

2014—Iraq War veteran Omar J. Gonzalez jumps the White House fence and runs into the East Room. 2001—George W.[MD] Bush tells CIA chief George Tenet to look for links between S. Hussein and al-Qaeda. Lacking credible evidence, he suggests Dick “Dick” Cheney as a source. 2001—The U.S. goes to war against Afghanistan—what could go wrong? 1991—Alpine tourists discover 5,300 year-old Ötzi the Iceman. 1980—After eight hours of fire, a missile silo in Arkansas explodes, hurling a nuclear weapon 600 feet. Somehow only one person is killed. 1964—The first gay rights demonstration is held at the Whitehall Army Induction Center in New York City. 1961—Betty and …

Read more

Has the Bill Finally Come Due?

To the editor; Unless you are an economist or an avid investor, you probably do not pay much attention to the bond market, yet its transactions directly affect your financial welfare because it is the place where the $32 trillion of long-term U.S. Treasury Bills are bought and sold. Many believe that Federal Reserve policy is the primary determinant of interest rates in the economy, but the fed sets short-term bank rates that have only an indirect effect on most interest rates. It is the market-determined yield (interest rate) on the ten-year Treasury Bill that is used to directly determine rates for most consumer debt …

Read more

What Have We Learned?

Exactly one week ago the big media outfits went through the mandatory ritual of marking the 25th anniversary of… That Day. Being what they are, they could hardly have done otherwise. Their marching orders were to be solemn and respectful, to note how many people died in less than two hours—enough to constitute a modest New Hampshire town—and remember all the people who loved them, and whose lives have been forever changed. Not to have done any and all of this would have been unthinkable. The more daring of the news franchises, having temporarily appeased their audience’s apparently insatiable appetite for ritualized catharsis, may have …

Read more