Tuesday, March 24, 2009

Another inauspicious anniversary

Do you remember where you were 20 years ago today? (No, it wasn't the day Sgt. Pepper taught the band to play... that was over 40 years ago, just in case you needed a reminder that we're all getting old... but I digress.)

Twenty years ago today, the Exxon Valdez ran aground Prince William Sound's Bligh Reef and spilled an estimated 11 million gallons of crude oil , resulting in one of the largest spills in U.S. history and one of the largest ecological disasters in history.

Today I spoke with investigative journalist Greg Palast on my Air America radio program about "Stick Your Damn Hand In It: 20th Birthdayof the Exxon-Valdez Lie," a piece he wrote about the disaster and the lies that have been told about what happened. It is must-reading today!

We began the show with a conversation with Yra Harris, a senior partner for Praxis Trading, a trader for over 30 years, and a regular contributor to Bloomberg TV and radio and CNBC. I asked him to put the Geithner plan to free up the credit markets into plain English so that even financial info-challenged people like me can understand it. I'll get the audio up as soon as I can...

In the meantime, remember that President Obama will hold his second prime time press conference tonight. We'll dissect it tomorrow, along with a visit from Harry Shearer, and lots more!