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• The Grandmaster Flash memoir is out, and I know a big plot point is how he beat cocaine, but fuck if the guy doesn't sound as endearingly hyperactive as he did rapping about stagflation three decades ago or whatever. Apparently he's a hero in Burma? [Newsweek]
• All this time I've been calling Barack Obama a Muslim and it turns out he's actually a Hindu who worships some golden monkey god? [Times of India]
• Senator Chris Dodd moved his entire family to Iowa all to win one percent of the vote and I am not happy to report his powerful speech in opposition to retroactively granting big telecom firms the right to spy on people will no doubt prove equally in vain. [Wash Post]
• The Supreme Court decided to let Exxon off the hook on some of these pumped up oil spill fines. I mean, we can't very well expect those guys to scrounge up the money to find new sources of oil if we force them to pay putative damages for every little thing they do wrong, can we? You decide. [NYT]

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So Big Oil is finally going to get some payback for its tireless efforts promoting that disastrous invasion of The Iraq! Megan and I are sooooo happy for them. The "unusual" no-bid contracts about to be awarded to Exxon, BP, Shell, Total and Chevron reunite all the original partners in the Iraq Petroleum Company that held a monopoly on Iraqi oil exploration until 1961 when some communist decided that wasn't "fair" to the Iraqi people and nationalized oil, which is incidentally what the Republicans are accusing the Democrats of trying to do over here. Newt Gingrich was on Fox this morning telling everyone America needs to "Declare Energy Independence" on July 4 this year but like this apparently Robert Palmer inspired propaganda poster points out we're probably going to have to figure out how to detox somehow, which would be one thing if we had some sort of growing employment sector to withstand the rising prices, like the South Koreans who are busy making all the ships out there looking for oil. That and Obama says no thanks to a nationalized campaign, some Bear Stearns guys get arrested and Larry Sinclair is insane with me and Megan after the jump. More »
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