Obama is wrong. Volcker is right… who is Alan Greenspan? the wisdom of the past – Senator Bryan Dorgon… the Glass-Steagall Timeline… Paul Volcker’s Congressional Testimony… My point in these posts is obvious, but I want to say it directly. When Lehman Brothers failed and the Stock Market fell in September 2008, Congress passed President […]
Rachel Maddow
I’ve reformatted a Front-Line Chronology of the Glass-Stegall Act of 1933 <here>. While it’s kind of long, it’s worth the read to see the Herculean efforts the Banking Industry made to repeal it – included in the key names, Alan Greenspan. Alan was a New Yorker, born in the twenties, who wanted to be a […]
‘Make no mistake. Signals of indecision out of Washington hurt our allies and embolden our adversaries,’ Cheney said … As much as I enjoy bashing Mr. Cheney, when I read things like this, I feel some uncharacteristic compassion for him because I think he really believes it. I think it’s his chronic way of viewing […]
Raw Story posted the Racel Maddow show from last night with clips from Cheney’s speech and critique from General Eaton. First, there was an award for Scooter Libby – Service Before Self Award [Cheney got the Keeper of the Flame Award. Then came Mr. Contempt, Dick Cheney himself. He is unbelievably hostile. Rachel makes clear […]
This article is a remarkable thing – on the wonders of Ayn Rand’s Objectivist Epistomology written by the soon to be impeached Governor of South Carolina, Mark Sanford. His legacy as Governor may not be what he planned, but he will definitely be remembered for letting us know all about himself. He’s moved from being […]
More Insane Rantings from the Crazy Man in the Attic By: emptywheel October 22, 2009 Someone let Dick “PapaDick” Cheney out of his undisclosed location last night–they even gave him an award for being a “keeper of the flame.” In spite of the fact that the press is covering it as another serious attack from […]
Volcker’s Voice Fails to Sell a Bank Strategy New York Times By LOUIS UCHITELLE October 20, 2009 Listen to a top economist in the Obama administration describe Paul A. Volcker, the former Federal Reserve chairman who endorsed Mr. Obama early in his election campaign and who stood by his side during the financial crisis. “The […]
Are Condoms the Ultimate Green Technology?New York Timesby Andrew C. RevkinSeptember 15, 2009 More children equal more carbon dioxide emissions. And recent research has resulted in renewed coverage of the notion that one of the cheapest ways to curb emissions in coming decades would be to provide access to birth control for tens of millions […]
SC gov impeachment resolution to be introduced The State By JIM DAVENPORT Oct. 20, 2009 COLUMBIA, S.C. — A South Carolina legislator says he will introduce a resolution to impeach Gov. Mark Sanford when lawmakers return next week for a special session on unemployment benefits. Republican Rep. Greg Delleney said Tuesday he expects the measure […]