World

Bust a Union...Crash a Global Economy


Race to BottomMeet Michael J. Lotito of the firm Jackson Lewis LLP. He was among the many individuals in expensive suits who worked very hard to bring on the current global economic disaster. Michael J. Lotito did not peddle subprime mortgages in hardscrabble neighborhoods. He didn't sit in a bank and lie to people about the advantages of interest-only home loans. He didn't hawk bundled exotic securities in the global marketplace. His firm, Jackson Lewis LLP, isn't even located on Wall Street. Their New York office is on Staten Island. It's not a mortgage lender, an investment bank, or a stock brokerage house.


A Better Class of Criminal


­­­ ­­Factory Tour Guide­
In the latest Batman film, The Dark Knight, arch-villain The Joker blows up the Gotham City Hospital which disappears into a fireball of smoke and flames. Most film goers probably didn't realize that this was not a model or a computer generated image. The film crew actually exploded part of an abandoned factory only a few blocks from where I live. It was the old Brach's Candy plant on Chicago's West Side, a major landmark to anyone who travels on the CTA Green Line out to the Austin neighborhood or on to Oak Park and Forest Park.

What is left of the Brachs' Candy factory lies crumbling along Cicero Avenue, frequented only by the homeless, the professional junk scavengers, the graffiti artists and the urban adventurers who love to risk life and limb clambering around abandoned buildings. Brachs is only one example. Today most of Chicago's former industrial glory is a Machu Picchu of weedy rusting ruins or has been plowed under to grow a crop of yuppie condo buildings.

­Twas not always thus.

"And who killed the miners? Say the grim bells of Blaina..."


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In biology class I learned that carbon is the element that gives us life. It's unique ability to chain with other elements into wondrously complex arrays is why we are here today.

Yet this week it was hard to think of carbon as the element of life. There were simply too many deaths resulting from our mad addiction to the carbon that lies buried in the ground.
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