The New Market Machines Radio

Out of alpha and sticking to a schedule, it's the New Market Machines Week in Review from São Paulo, Brazil: BRIC-centric coverage of global media and finance with a pandeiro beat in the background.

This week, more tainment than info, but still: Brazil overhauls IT tax incentives; new pools of dark liquidity; pig****er media politics in Mexico leave risk managers jobless; Citi scandal No. 1,001(a); Cardosonomics dissed; Red Hat routed; and more.

Plus the other city that smells not so nice they named it twice channels the 1970s Lower East Side. Now with extra animal noises. Confiram! Aproveitem!

The week ahead in the emerging markets: morning headlines; Shanghai corruption scandal; M$FT in Rio; the yellow press goes whole hog ahead of Sunday's election in Brazil. Plus monkeys bite me!

Indymedia Brazil and the CC mailing lists boil with protest over the June launch of the iCommons project in Brazil. I translate.

Redmond controls the media moment; barring dissenters; Red Zone & Green Zone assumptions; portraits of the CC user; participatory culture in a five-star hotel?

Musical interludes: Lenine, "O Dia Que Faremos Contato"; Hermeto Pascoal, "Fica Mal Com Deus." Special guest appearance by the ghost of D. Boon.  

I lost five minutes out of this podcast somehow, right in the middle, where the musical interlude cuts in suddenly. Oh, well.

Today: Initiating regular coverage of top headlines from the principal national and regional business pubs in Brazil; Ambulance mobster lies his ass off, and the press prints every word; why cultural minister Gil has to moonlight as a rock star; and a shoutout to my bro in law in Chile ...

The dossier scandal: media mudwrestling at its most fascinatingly repulsive; Thai coup deals Brazilian bourses a blow; Carrefour beats Wal-Mart to the church of the consumer credit;  BNDES shifts gears; Central banks notes big gringobuck inflows and progress in the war on the Cayman Island bank account; Petrobras will open plants in Venezuela, but Chavez's "devil" crack goes unreported; plus the newsdesk idolizes Macunaíma, and Los Tigrrrres del Norrrte ...

Voices from the Brazucosphere: The new Lacerdas in action; TV news redeems itself, says Mino Carta; Joi Ito parachutes in to the Zona Sul; The World Negotiation Forum fills São Paulo with gurus, each with a list of six easy to remember principles that they recite over and over and over and over ... ; Underestimating the povão; "This country for sale or rent!"; plus barking dogs, hammering handymen, and Rita Lee: "When the world is running down, you make the best of what's still around."

Bolivia boggles 'Bras, but cooler heads prevail; Bovespa borks; Chavez blows off Calderbrón; the capoeira of digital political scandalmongering; Globo and Net Virtua suck; so does Telefónica Speedy; vigilante consumerism in alien milieus; Bush approves public database of federal contracts; Latin American journalism endorsed by Broadcast Board of Governors; FCC shreds the documents; robots hunt dark liquidity; plus an homage to Chico Buarque, here in town throughout October -- WITH WEB EXCLUSIVE, a preview of Chico's new album, Carioca ...

I wander through each chartered street,
Near where the chartered Thames does flow,
A mark in every face I meet,
Marks of weakness, marks of woe.

In every cry of every man,
In every infant's cry of fear,
In every voice, in every ban,
The mind-forged manacles I hear:

How the chimney-sweeper's cry
Every blackening church appals,
And the hapless soldier's sigh
Runs in blood down palace-walls.

But most, through midnight streets I hear
How the youthful harlot's curse
Blasts the new-born infant's tear,
And blights with plagues the marriage hearse.

Sampa and a mad dog in the noonday son: Marks of weakness, marks of woe; the digital divide index is flat at horrendous; Bolivia goes bonkers; Silicon Valley, Pernambuco; where to buy the Gazeta Mercantil; MV Bill tells it like it is (uix);

Musical interludes:

1. Cramps, "Aloha From Hell"
2. Tom Zé, "Augusta, Angelica, Consolação"
3. MV Bill + Os Racionais, "Muita Treta"
4. Swingle Singers, "Bacchic Sha-do-baba-la-diddy-diddy "

Odd network behavior means it's time to run some traceroutes; how to get a handle on information superhighway road rage; plus political scandalmongering, decoded.

Gonzagão on technological and economic change, and eerie signals from Recife. Neuza bugs the cable guy. The G20 meets in Rio de Janeiro. Brutal layovers as Varig folds. Innovations in tech tariff avoidance. Campaign dicky tricks and churrasco do prefeito: "Pork versus where's the beef?"

And on "The Pod People," measuring the area of the Twilight Zone: Hector Tovar of the Los Angeles Times from Mexico City, and Dave Weinberger on social network and organizational analysis, from the Syndicate conference, with audio marginalia.

And how I felt five years ago to the day, in Lower East Sidese.

Political economy and mass mediamongering bits and bytes, spontaneously interpreted by yours truly; plus a new history of PAN traces its long ties to the International Republican Institute and the NED.

From the newsdesk, GDP au gogo; philology you can boogie to.

 I am still having to send my communiques overland, via motoboy, from the broadband-deprived cave where I am hiding in the Vila Bia district of the megapolis.

Here is our hangover edition from Sept. 7, including:

1. Early spring and the thoughts of the paulistas turn to ultraviolence;
2. My Pat Kiernan imitation: the morning papers
3. Humint report
   
4. Huddling with the NMM kitchen cabinet of local culture-shock consultants

An intercontinental ballistic edition of NMM Radio:

1. Dealing with broadband deficit: tips for the traveler
2. What bossa nova is, and what it is not: a musical interlude and tutorial
3. Benchmarking the Brazilian media: Carta Capital and IstoÉ on elections, fiscal policy and the march of history.

The NMM crew arrives safely in Sampa; plus The Pod People, with Anil Dash and a twist on the usual leftist critique of media concentration ...

A literary meditation on the ethics and psychology of the motivated trader from the annals of Brazilian folklore: "The Horse Who Shit Money," a fable from the backlands of the Northeast.

A horse that shits money? That would be quite a money-making market machine indeed, if it were true. With a demonstration of the viola caipira from Cururu.

A new feature on the NMM Radio: A weekly in-depth take on coverage of a single story from the week's newsflow.

This week: Kudos to KCRW for the only in-depth roundtable discussion of events on the ground in Mexico, and a violent heaping of scorn on the Wall Street Journal's Latin American desk for phoning in sophomoric editorializing rather than substantive reporting -- an egregious case of journalistic malpractice.

Incidental music:

Carmen Miranda, "Camisa Listada" (Source: Ao Chiado Brasileiro)
Tribe Called Quest, "What's the Scenario?"

Correction: The PAN spokesman is a Mr. Sarukhan, not "Sarkhuman." I think the name of an evil character from Tolkien crept into my brain there ...

This, according to the NMM's army of Web-spidering newsflow audit robots, is the sand and friction impairing the perpetual motion of the global capitalist market machinery this week ...

Musical interlude: Ramblin' man tunes. Vô imbolá!

One correction: The interview with Mr. Gomes is from The New Communications Review.

The final Pod People pilot episode before we leave on a jet plane for Brazil.

In this edition:

1. How to take your bazooka along when you fly
2. Get your piping hot tamales here: The little tramp of Mexico City cries Viva Zapata!
   
3. The world gets its first C-level blog czar
   
4. Mistrusted as a flack but beloved as a blogger
5. The future of advertising after the Cluetrain Revolution
6. The op-ed as premium podcast material: paying for mere opinion
7. Playboy suffers culture shock in Indonesia

Incidental music: Captain Beefheart, Dalis Car, Lou Reed, Satellite of Love