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Truth to power: Pete Seeger vs HUAC


In honor of Pete Seeger's passing today, please take a moment to read his testimony before the House Un-American Activities Committee, which is a cross between a witch-hunt and a Marx Brothers' routine. It is inspired and inspiring. Goodbye, Mr Seeger.

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Replace bank chiefs with small dogs: Chinese top economist


China's former chief economist has excoriated the nation's banking system, which charges high fees and maintains a greedy-large gap between its deposit interest and lending interest rates.

Such a business provides no value, and is merely parasitic on the people: "With this kind of operational model, banks will continue making money even if all the bank presidents go home to sleep and you replaced them by putting a small dog in their seats."

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