Roubini: The world is at severe risk of global systemic financial meltdown and severe global depression David Swanson of AfterDowningStreet illustrat
October 10, 2008

Roubini: The world is at severe risk of global systemic financial meltdown and severe global depression

David Swanson of AfterDowningStreet illustrates a typical example of how the news cycle works now that the blogosphere interacts (or doesn't) with independent and corporate media.  July 1, 2007, AfterDowningStreet breaks story of NSA Whistleblower Adrienne Kinne. May 13, 2008, Democracy Now picks up the story of Kinne. May 19, 2008, After Downing Street breaks story of new NSA Whistleblower, David Murfee Faulk.  October 9, 2008, ABC News picks up both stories with a focus on phone sex. October 10, 2008, Congress notices, yawns, scratches its ass, goes back to what it had been doing. Talk shows make jokes about the phone sex.

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