Bag’s Take-Away:
This photo of a foreclosed home occupied by squatters in LA really makes you shake your head. Rather than helping homeowners with their mortgages, banks leave vacant foreclosed homes to the mercy of vandals. Then they sell the property at a fire sale price. Kick out the owners, fail to maintain it, get rid of it cheap. No wonder the economy sucks.
via The Wall Street Journal
(credit: Jonathan Alcorn/Reuters caption: A bedroom at a foreclosed home where squatters have been living is seen during a blight tour that activists say highlight how big banks are hurting local communities by failing to maintain their foreclosed properties in Los Angeles, California, May 17, 2012. Activists are calling on city leaders to enforce LA’s blight ordinance that allows the city to collect $1,000 a day from banks that do not maintain their foreclosed homes, which activists say should be used to rebuild the neighborhoods.)
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Bag’s Take-Away:

This photo of a foreclosed home occupied by squatters in LA really makes you shake your head. Rather than helping homeowners with their mortgages, banks leave vacant foreclosed homes to the mercy of vandals. Then they sell the property at a fire sale price. Kick out the owners, fail to maintain it, get rid of it cheap. No wonder the economy sucks.

via The Wall Street Journal

(credit: Jonathan Alcorn/Reuters caption: A bedroom at a foreclosed home where squatters have been living is seen during a blight tour that activists say highlight how big banks are hurting local communities by failing to maintain their foreclosed properties in Los Angeles, California, May 17, 2012. Activists are calling on city leaders to enforce LA’s blight ordinance that allows the city to collect $1,000 a day from banks that do not maintain their foreclosed homes, which activists say should be used to rebuild the neighborhoods.)

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Bag’s Take-Away:
The New York Times Magazine asks a Bain Capital executive for his rationale on the validity of the 1%. The outcome is predictable. So is the clever visual assertion, via the faceless workers (that’s you and me, bub), that we owe our jobs to the creative powers of our financial betters. 
And, frankly, where would we be without a shoe to shine?
via Coverjunkie
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Bag’s Take-Away:

The New York Times Magazine asks a Bain Capital executive for his rationale on the validity of the 1%. The outcome is predictable. So is the clever visual assertion, via the faceless workers (that’s you and me, bub), that we owe our jobs to the creative powers of our financial betters.

And, frankly, where would we be without a shoe to shine?

via Coverjunkie

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Bag’s Take-Away:
Ah the 1% and the wannabee 1% (that might be everyone)…. Bloomberg Businessweek has a How-To cover for you! 
Learn to captain a small boat, buy a dinosaur, give money away, build a 30-story hotel, take a punch…er, wait…seriously? Maybe taking a punch is part and parcel of the 1% moniker these days. 
Those 99% are just jealous.
via  CoverJunkie
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Bag’s Take-Away:

Ah the 1% and the wannabee 1% (that might be everyone)…. Bloomberg Businessweek has a How-To cover for you!

Learn to captain a small boat, buy a dinosaur, give money away, build a 30-story hotel, take a punch…er, wait…seriously? Maybe taking a punch is part and parcel of the 1% moniker these days.

Those 99% are just jealous.

via CoverJunkie

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Bag’s Take-Away:
Good thing he’s not running for president, this photo would kill his campaign. Yeah, jobless claims are at a four-year low, but tell that to this country’s still unemployed and underemployed population. You could tell it to Geithner, but … 
via  DayLife
(credit: John Gress/Getty Images  caption:  CHICAGO HEIGHTS - APRIL 4: U.S. Treasury Secretary Timothy Geithner (C) tours Ford Motor Company’s Chicago Stamping Plant April 4, 2012 in Chicago Heights, Illinois. In a speech at the Economic Club of Chicago, Geithner reportedly criticized Republicans for not supporting economic growth and for too much focus on cutting taxes and spending.) 
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Bag’s Take-Away:

Good thing he’s not running for president, this photo would kill his campaign. Yeah, jobless claims are at a four-year low, but tell that to this country’s still unemployed and underemployed population. You could tell it to Geithner, but …

via DayLife

(credit: John Gress/Getty Images caption: CHICAGO HEIGHTS - APRIL 4: U.S. Treasury Secretary Timothy Geithner (C) tours Ford Motor Company’s Chicago Stamping Plant April 4, 2012 in Chicago Heights, Illinois. In a speech at the Economic Club of Chicago, Geithner reportedly criticized Republicans for not supporting economic growth and for too much focus on cutting taxes and spending.)

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Bag’s Take-Away:
Sometimes the pictures just take themselves and that’s all I have to say on the matter.
via  The Charlotte Observer
(credit: Efrem Lukatsky/AP Photo caption:  Former IMF head Dominique Strauss-Kahn pose for photos after his lecture on the future of world economy to students, businessmen and politicians at the Diplomatic Academy in Kiev, Ukraine, Wednesday, April 4, 2012.) 
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Bag’s Take-Away:

Sometimes the pictures just take themselves and that’s all I have to say on the matter.

via The Charlotte Observer

(credit: Efrem Lukatsky/AP Photo caption: Former IMF head Dominique Strauss-Kahn pose for photos after his lecture on the future of world economy to students, businessmen and politicians at the Diplomatic Academy in Kiev, Ukraine, Wednesday, April 4, 2012.)

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Bag’s Take-Away:
The caption says it all here. And the problem is, neither side in the upcoming election will make an issue of the fact that usable housing is being demolished rather than allowing owners to return to buildings abandoned in the foreclosure crisis.
via The New York Times Weekly Business Photos
(credit: Michael Williamson/The Washington Post, via Getty Images caption:  An apartment building being razed in Cleveland. Under the federal mortgage settlement’s anti-blight provisions, banks get credit for donating, demolishing or forgiving debt on abandoned homes, the last of which is intended to encourage the owner to return. They receive 100 cents on the dollar for each demolition and donation and 50 cents for debt forgiveness.) 
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Bag’s Take-Away:

The caption says it all here. And the problem is, neither side in the upcoming election will make an issue of the fact that usable housing is being demolished rather than allowing owners to return to buildings abandoned in the foreclosure crisis.

via The New York Times Weekly Business Photos

(credit: Michael Williamson/The Washington Post, via Getty Images caption: An apartment building being razed in Cleveland. Under the federal mortgage settlement’s anti-blight provisions, banks get credit for donating, demolishing or forgiving debt on abandoned homes, the last of which is intended to encourage the owner to return. They receive 100 cents on the dollar for each demolition and donation and 50 cents for debt forgiveness.)

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Bag’s Take-Away:

With economic chaos riddling Euro Zone and a style-conscious Spain, new fashion is mayhem.

via Guardian slideshow: Spanish general strike - in pictures


(photo: Alvaro Barrientos/AP caption: Pamplona: a riot police officer protects a shopping centre)

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Bag’s Take-Away:

With economic chaos riddling Euro Zone and a style-conscious Spain, new fashion is mayhem.

via Guardian slideshow: Spanish general strike - in pictures

(photo: Alvaro Barrientos/AP caption: Pamplona: a riot police officer protects a shopping centre)

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Tags #Spain    #Euro    #economy    #news    #protest    #photojournalism   

Bag’s Take-Away:
One of the major and most serious developments in news gathering over these past few years has been the targeting of photojournalists by police. It’s not often, though, we get visuals of it. Photos like this one from Portugal, of an attack on an AFP photographer, are important to be seen to raise the awareness of press freedom and “visual rights” especially in the this age of crackdowns against social media-infused protests.
via  Reuters Photos Editor’s Choice
( credit: Hugo Correia/Reuters caption:  A policeman strikes AFP photojournalist Patricia Melo during the Portuguese general strike in Lisbon March 22, 2012. Portugal faces a general strike by workers angered by austerity measures imposed as a condition of a 78-billion euro bailout last year but doubts remain as to whether Thursday’s stoppage will receive widespread support.) 
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Bag’s Take-Away:

One of the major and most serious developments in news gathering over these past few years has been the targeting of photojournalists by police. It’s not often, though, we get visuals of it. Photos like this one from Portugal, of an attack on an AFP photographer, are important to be seen to raise the awareness of press freedom and “visual rights” especially in the this age of crackdowns against social media-infused protests.

via Reuters Photos Editor’s Choice

( credit: Hugo Correia/Reuters caption: A policeman strikes AFP photojournalist Patricia Melo during the Portuguese general strike in Lisbon March 22, 2012. Portugal faces a general strike by workers angered by austerity measures imposed as a condition of a 78-billion euro bailout last year but doubts remain as to whether Thursday’s stoppage will receive widespread support.)

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Bag’s Take-Away:
Getty photographer John Moore shoots a “Chronically Unemployed” Job Fair and I think it’s worth noting that each of his photos illustrates a sad point: it’s people in their 50s and 60s who can’t find jobs. 
via Zimbio
(photo credit: John Moore/Getty Images North America  caption:  New York Job Fair Offers Services For Chronically Unemployed. People stand in a line that stretched around the block to enter a job fair held at the Jewish Community Center (JCC), on March 21, 2012 in New York City. More than 600 people registered to attend the job fair and meet potential employers. New York City police stationed a patrol car outside the JCC during the event, citing the killing spree of 7 people around Toulouse, France, including 4 victims outside a Jewish school Monday.)
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Bag’s Take-Away:

Getty photographer John Moore shoots a “Chronically Unemployed” Job Fair and I think it’s worth noting that each of his photos illustrates a sad point: it’s people in their 50s and 60s who can’t find jobs.

via Zimbio

(photo credit: John Moore/Getty Images North America  caption: New York Job Fair Offers Services For Chronically Unemployed. People stand in a line that stretched around the block to enter a job fair held at the Jewish Community Center (JCC), on March 21, 2012 in New York City. More than 600 people registered to attend the job fair and meet potential employers. New York City police stationed a patrol car outside the JCC during the event, citing the killing spree of 7 people around Toulouse, France, including 4 victims outside a Jewish school Monday.)

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Bag’s Take-Away:

Glad to see The New York Times is manning the Yearbook Desk!

Oddly, The Times ran three separate articles today, each with high school photos. The trip down memory lane included: Michael Bloomberg, alleged Afghan civilian killer Sgt. Robert Bales, and rouge retiring Goldman Sachs exec Greg Smith.

Top Photo:via The New York Times, New York Region, Middle Photo:via The New York Times, Bottom Photo: via The New York Times Weekly Business Photos

(photo credits: Top PhotoEvan McGlinn/The New York Times caption: A 1960 graduate of Medford High School, Michael R. Bloomberg was described as “argumentative” in his yearbook’s class dictionary. He captained the debate team and slide rule club, and briefly worked as a “home room dues agent.” A bright, intense young man, Mr. Bloomberg was a middling but ambitious student, bored by his high school classes and dreaming of a career in New York City. Middle Photo Ty William Wright/The New York Times caption: Staff Sgt. Robert Bales graduated from Norwood High School in Ohio in 1991. He was described as a busy, popular student and played on the school’s football team. Bottom Photo King David Schools Foundation, via Reuters caption: A former Goldman Sachs banker, Greg Smith, left, in a picture from a 1996 school magazine. Mr. Smith resigned from Goldman Sachs on Wednesday in a public letter that harshly criticized the company’s culture.)

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