Rolling Stone Does Gen. McChrystal

Shit is on fire.  Turn on the news.  I’d say pick up a newspaper or fire up MSNBC.com or CNN.com, but both terms seem anachronistic – obviously one more so than the other.  Point is, this is what printable journalism is about.  This shit is here for you to read, like for real.

Some excerpts to get you dumb dumbs interested:

“The entire COIN strategy is a fraud perpetuated on the American people,” says Douglas Macgregor, a retired colonel and leading critic of counterinsurgency who attended West Point with McChrystal. “The idea that we are going to spend a trillion dollars to reshape the culture of the Islamic world is utter nonsense.

The president finds himself stuck in something even more insane than a quagmire: a quagmire he knowingly walked into, even though it’s precisely the kind of gigantic, mind-numbing, multigenerational nation-building project he explicitly said he didn’t want.

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Journalism In A Post-Reading World

Voice is a powerful presence in news media. It can be pedantic and lecturing, informative and scholarly or any other number of culturally relevant variants that reflect the national dialogue.  In a post-reading world, where information is auditory and sensory – rather than slow and thoughtful (think: printed) – the voice of journalism has become a juxtaposition of the court jester and paper hawker.

So, with that introduction, here’s Matt Taibbi on the Financial Reform legislation:

In a heartwarming demonstration of the Senate’s truly bipartisan support for Wall Street, Sen. Sam Brownback – a Republican from Kansas – stepped in to help Democrats kill one of the bill’s most vital reforms. At the last minute, Brownback mysteriously withdrew his amendment to exempt auto dealers from regulation by the CFPB – a maneuver that prevented the Merkley-Levin ban on speculative trading, which was attached to Brownback’s amendment, from even being voted on. That was good news for car buyers, but bad news for the global economy. Senators may enjoy scolding Goldman Sachs in public hearings, but when it comes time to vote, they’ll pick Wall Street over Detroit every time.

On the plus side, the bill will rein in some forms of predatory lending, and contains a historic decision to audit the Fed. But the larger, more important stuff – breaking up banks that grow Too Big to Fail, requiring financial giants to pay upfront for their own bailouts, forcing the derivatives market into the light of day – probably won’t happen in any meaningful way,

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