Good morning Christy,

Thanks for highlighting what a weasel this guy is. Has always given me the creeps.

Kudlow is an idiot. (Not that I am stating anything that is not already known and obvious).

This market meltdown has long been coming. The “health” of the markets has been a wink and nod routine while people like Kudlow could continue to “get theirs”.

Yesterday’s NYT has a great piece (sadly on a blog only) that highlights the type of behind the scenes shenanigans that have helped along this debacle.

http://bits.blogs.nytimes.com/…..computers/

His smarmy teevee persona act has worn way thin on me. Ugh.

I linked that up above — the set yer own value without any oversight feel to that is just oozy, isn’t it?

He’s always been the financial TV version of Pat O’Brien — another sleaze.

Morning Christy,
thank you for the spotlight on the know-nothing Kudlow.

When you watch the YouTube of him above, the most striking thing to me was that even Joe Scarborough was calling bullshit on him publicly. You know your theory sucks and that no one is buying your spin when even a GOP’er like Scarborough laughs in your face while you are trying to backpeddle from the GOP talking point of the day.

So sad.

In 1992, before the election, I was on a Charlie Rose segment with Kudlow, head of American stock exchange, to discuss Clinton’s economic program. Let me assure that I was no match for Kudlow. It was hard to get a word in edgewise, no matter how mightily I tried. (Head of AmEx didn’t even try.) Went thru some additional media training afterwards.

Won’t happen, but here is my dream from the previous thread on the new bail-out:
Every company selling bad debt into the gummint rescue entity has to strip all personal assets (especially including those hidden offshore) from the top levels of management and contribute them into the rescue company. Make the top-level decision makers at these firms experience the failure of the actions in an up-close and personal way.

Another excellent bit of insight is in a back issue of “NY Mag”. It shows how sexism may have exacerbated Morgan Stanley’s troubles in the mortgage markets.

http://nymag.com/news/business/46476/

McCain is on my TeeVee right now blaming Obama for the economic meltdown.

I watched him a few years ago state that unemployment compensation needed to be done away with because all it did was give folks a “vacation” and how dare they lay around and not have a job.

You so cannot mock this person enough for the weasel that he is (with all due respect to actual weasels)

Dear FDL Friends,
I’m one of those poor people. My mortgage is fine but we’re pretty tight with our pennies these days.
So, I apologize for all this financial mess that I inadvertently, by not being a rich asshole, has caused.
Love,
Demi

Amen. The average citizen has no clue “personal” Wall Street money is offshore.

I heard Kudlow say this yesterday and immediately tried to send Keith Olbermann an email yesterday nominating Kudlow for Worst Person, but Keith no longer has an email address at MSNBC.

(kolbermann@msnbc.com no longer works)

Oh, poor you — I can only imagine what that must have been like on set. Although these days, he’s reached a point where he almost preens as the camera turns to him. It’s really bizarre to watch.

Oh, demi — that made me laugh out loud. Thanks for that. And hugs for the penny pinching — I have SO been there.

Is kudlow the one who screams like he’s lost his very last marble or is that someone else I’m thinking of?

(Can’t watch vids)

My contempt for Kudlow knows no bounds.

Mornin’ Christy and Firedogs,

caught NRO House Slave Sowell trot that one out two months ago

a diamond encrusted dogwhistle: “redlining”

noticed all the little rightie paste huffers were bleating it since Monday

I think you may be referring to Cramer — the other half of the Kudlow and Cramer show. Cramer screams a lot. I do not know why, but he also calls Kudlow on his bullshit which, at times, makes for amusing teevee and loudness competes with large ego. But I can only take any of it in incredibly small doses. I don’t know how or why anyone would want to watch that very often, frankly.

Kudlow has also reminded me of Limpballs. They are both so odious and apparently have no clue how detached from every day reality they seem.

Both have certainly rebounded well (professionally at least) from major drug scandals. IOKIYAR

That would be Jim Cramer

So, I apologize for all this financial mess that I inadvertently, by not being a rich asshole, has have caused.
Oops. Poor and stupid. (*g*)
TGIF.

No. That Jim Cramer. Kudlow is very smooooooth.

Smoooooth … as in oily. *g*

Yep.

Kudlow always improves my undestanding of Robespierre.

Kudlow works directly for Rockefeller.

GE Building — The Rockefeller family office (Room 5600)

If you want to get specific, and put a name on it, the name is COMMUNISM. We’ve gone right past Socialism, and even Fascism. How, prey tell, are the actions of the Plunge Protection Team, FED, Treasury Secretary, SEC Chairman and the banksters who effectively own Congress any different than these actions by Communist China?

China to purchase stocks, ‘backstop’ market

Hint: They are no different at all.

Don’t forget to send David Rockefeller a thank you card for delivering his favored system of government, Communism, to our shores, in his lifetime, He’s been working full time to destroy our entire system, and he’s done it.

“Whatever the price of the Chinese Revolution, it has obviously succeeded not only in producing more efficient and dedicated administration, but also in fostering high morale and community of purpose. The social experiment in China under Chairman Mao’s leadership is one of the most important and successful in human history.”

- David Rockefeller (about Mao Zedong in the New York Times, August 10, 1973)

Here is the direct quote from his book pg. 405

For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as “internationalists” and of conspiring with others around the world to build a more integrated global political and economic structure – one world, if you will. If that’s the charge, I stand guilty, and I am proud of it.

-David Rockefeller

They ALL work for David Rockefeller – the literal master of the universe.

And you’ll never here his name mentioned in the media. NEVER.

And I want to be clear on something that I didn’t say above — just so there is no misunderstanding on this — there absolutely is blame to go around for individuals who took out loans that far exceeded their ability to pay, who bought ginormous McMansions to salve their egos with the idea they’d live in them a coupla years and flip them with no regard given to what would happen if the worst case scenario came along and the economy tanked. People have a responsibility for their own financial situations, absolutely — but that does not in any way excuse fraudulent behavior on the part of investment houses or lenders, aggressive sales actions to the point of defrauding people outright, etc.

Which is why Kudlow’s little “poor people are to blame” act, after all his pimping of the “ownership society” crap for the Bushies in the 2004 election cycle just sent me through the roof. He’s been downplaying the potential shit hitting the fan level of this for over a year — even though it was clear that a crisis was looming — because it suited his worldview narrative, not because there was evidence to back it up. So he can damn well pick up his portion of the blame, too, and carry it around for the rest of the world to see.

Man o man, did you hit it out of the park on this one, Redd!

Since I have to watch CNBC, I’ve heard this blowhard relentlessly call for “Free markets, Free markets, less government regulation” like some kind of stuck wind up doll.

Until yesterday.

Now, facing the fruits of what all this deregulation his buddies Gramm & McCain shoved down our throats — meltdown of the financial markets — govt. intervention was ok.

He is a disgusting hypocrite.

The only good that can come from this is McCain should be toast if the economy stays on the front page between now and the election.

Good Morning, NPR following the candidates; meaty piece about McLiar’s remarks about not being expert on economy; then replay Russert Challenging him about. But “I was in the armed services for 20 years….”Good set up.

I don’t know who the econ dude was that was on Joe earlier but he laid the mess out in a pretty understandable way (for those of us here who are NOT geniuses) and payed special attention to those who had “nothing do do with this crisis” but are in danger.

No, that’s Jim Kramer.

Want to see something funny. Watch this!

Thankee!

“C” / “K” – sounds like they’re both equally nutso. And Christy, I can’t even take “the loud” in small doses! Voluntary torture is *not* my cuppa.

bbl

Yep. I almost blew a gasket when I heard this fly out of his mouth. Jeebus — he’s been the cheerleader for the deregulation that allowed all this greedy, excessive crapola to fester under the radar. And now he has the gall to pass off that blame elsewhere.

Not if I can help it…

I hear you. My dear old dad taught me a lot of things, but I think I’m most grateful for the “there’s no free lunch” lesson. Like, if it’s seems too good to be true, it probably isn’t.
Yes, people were unrealistic about what they could afford and the Bastardos took advantage of them.
I know that a lot of people live on their credit cards. I don’t have any, as in None. Husband has a corporate card for business.

It would be fun to research all of the “Big Guys” on Wall Streeters who were Bush Rangers. Love to know how they think that choice has been working out for them.

As for me, am off to Wachovia then Walmart to shop for the mom. How’s that for a dynamic duo “representing” (as the kids say) how we got in this mess?

(BTW, Walmart would not be my choice but I’ve not given one when it comes to her shopping. It’s like being a teenager again. *g*)

“Misunderestimated President.

Sounds exactly like something W would say. What is he smoking? It is metaphysically IMpossible to underestimate this President. How has anyone not learned that.

OT
author of Angler book on Cheney up on CSPAN

“Give me control of a nation’s money and I care not who makes it’s laws.”

– Mayer Amschel Bauer Rothschild

I continue to be unable to understand why it is that when a company files for bankruptcy protection, the judge can invalidate any and all contracts. This includes contracts with employees dealing with their wages and benefits additionally they can transfer retirement benefits to a federal fund where they might only get pennies on the dollar. But why then do these CEOs have their benefit packages and their golden parachutes sacrosanct. Whatever happened to equal protection under the law?

FDIC head is speaking now on CNBS to prevent a run on the banks.

Watch who the players are and what they say.

They are the co-conspirators, making money with every whipsaw that they themselves cause.

Market will close 20% higher today. Shorts that were trapped will be jumping out of windows.

Wait just a minute. “poor people are to blame”? Huh? When the DH and I were first married and both had jobs, even with both of us working and paying the bills, we made between us $25,000 in 1978. And that was not enough to get even a credit card. I’m going to repeat that – $25,000 income did not get you the ability to get a credit card. A couple of years later, everyone wanted to give us a credit card. To me, that was the start of the entire thing – pushing easy credit on people who before were not considered credit worthy. Now people like MBNA are pushing credit cards over the phone/direct mail to people who never would have even gotten in the door on credit: college students with no jobs, etc. Totally irresponsible, but something must have changed in the laws to allow them to do it and they have pushed and pushed and pushed all the rest of the way. I’m not saying none of this would have happened if things had stayed the same. The economy over the past twenty years has been fired and maintained by easy consumer debt. But a tremendous amount of unhappiness, personal bankruptcy, etc. has been the result.

Thanks Elliot. I think I better stay away from the tv today and stick to music. I’ll get my news here and suck my calming tea.
(how are ya?)

bewildered
*sigh*

there absolutely is blame to go around for individuals who took out loans that far exceeded their ability to pay, who bought ginormous McMansions to salve their egos with the idea they’d live in them a coupla years and flip them with no regard given to what would happen if the worst case scenario came along and the economy tanked. People have a responsibility for their own financial situations, absolutely — but that does not in any way excuse fraudulent behavior on the part of investment houses or lenders, aggressive sales actions to the point of defrauding people outright, etc.

I agree completely. The tragedy is that the individuals making the bad decisions are affecting primarily their own families and are left on their own to deal with the consequences of their bad decisions.

The companies that made these bad decisions over and over are impacting all of us through the damage to the economy and yet the companies will be bailed out and the executives will suffer no consequences whatsoever. They simply keep moving up the food chain of this evil enterprise.

This Election is rapidly devolving into a Stark Choice between Rational Adaptation to Changing Times, or the Fantasy of Staying the Same.

Up to now, the Goopers haven’t been able to Admit A Mistake, can’t Own Their Performance, and can’t Deviate From Their Fixed Beliefs about the Way Things Ought To Be.

For them, the thought of Losing Power and Being Accountable for Their Actions to the Rest of US is Frightening and Full of Shame and Guilt.

They are like the Parachutist inexorably descending to the ground, who becomes frightened by the thought of the impending crash, and so chooses to divert his or her mind to think of non-sequiturs, like past memories of ‘how it was’ or dreams of ‘how it ought to be.’

Likewise, the Goopers have a Choice: Rationally Own Their Mistakes In Our Shared World, or Keep Thinking and Saying Non-sense from Their Own Ideological Worldview of Dominance Over US.

The Economic System can’t be saved without the Solution relying on the Rest of US.

Now is the time for Republicans to Stand-Up and say, “Enough!”

Let’s get back to dealing with the Dynamic World Rationally and Sensibly, and not based on Dreams of a Fixed Order.

Wake Up, America!

Christy: Kudlow says in the segment he is not blaming poor people but “members of Congress who are rich people.” It does come across as blaming poor people but the idea that Congress forced banks to make subprime mortgage loan strikes me as equally a load of bull.

It seems to me that Congress is to blame but not for the reasons Kudlow claims. The Garn-St. Germain Depository Institutions Act of 1982 is the ’subprime” culprit, an artifact of Ronald Reagan’s first term. This monstrosity brought us the “alternative mortgage” (12 USC 3801-3805)which legalized adjustable rate mortgages, repealed state usury limits on mortgage loans and brought us other “reforms” which resulted in the Savings and Loan crisis. Now, rather than revisit and simply repeal the innumerable mistakes which blight the US Code, Congress is going for a repeat of its so-called solution to the savings and loan crisis by buying up the rotten goods but leaving the law to allow further repeats of the same thing. There needs to be a bottom to top overhauling of the financial system rather than the band-aid finger in the dike approach Congress has taken to these problems for the last 28 years.

The Bush Boom: How a Misunderestimated President Fixed a Broken Economy (Paperback)

we can see the author here is a moron from the titel itself, it employs a double negative to infer reinforcement and he doesn’t even realize it

“misunderestimated” actually means he was underestimated too high, he performed even lower then expectations

“underestimate” is suffice, once you add “mis” as a negative prefix it means he was not underestimated at all

oh joy

President Bush will appear in the Rose Garden Friday to deliver a statement to the country concerning a series of actions the federal government is taking and considering to deal with instability in the financial markets.

AP

Even Pat Buchanan on Morning Joe called those who engineered this financial mess “capitalist pigs” this morning. Just thought you should know.

Shorts that were trapped will be jumping out of windows

Too bad, so sad. These greedy aholes have it coming.

And, don’t worry — windows in hi rise bldgs don’t open anymore, so they’ll have to fling themselves down stairwells, which will only cause broken bones and heavy bruising, not death.

Good morning, Christy! great post…well, greatly aggravating post. What a bunch of nonsense. Remember this op ed by Eliot Spitzer? No one can say they weren’t warned or didn’t know what was going on back early in the millenium. And Congress made them do it?

And Greg Palast thinks Spitzer was taken down because of it the first time Bush administration bailed out banks with our tax money back in March (which I must confess I missed entirely at the time).

A little background on Larry Kudlow from his Wiki bio.

Then he was chief economist and senior managing director of Bear, Stearns & Company. He was fired in 1995 after his out-of-control drug use resulted in him missing an important client presentation.

In August 2001, Kudlow was paid about US$50,000 to give a public speech to Enron employees and to serve on an advisory board,[5] which later drew criticism from various writers such as senior Salon.com writer Eric Boehlert,[6] who claimed that Kudlow wrote positive articles repeatedly about Enron without disclosing his relationship with the company.

By Tony Peyser:
Stuffing cash in mattresses is old school
Here’s a new idea that’s swell; so
What about specially made mattresses
Equipped with zippers or Velcro?

Larry Kudlow should go back to doing cocaine because he sounds like he is on crack anyway.

All of these financial hotshots and mavins promoted for 3 years (2004-2007) the housing bubble. When the bubble officially burst on August 9, 2007 (with the freezing of BNP Paribas), they said OK there was a bubble but the dislocations to financial markets have already been worked through so everything is OK now. They said this again and again as succeeding shocks hit the markets. Then Bear Stearns, then Fannie and Freddie, and Lehman, and Merrill, and AIG. Clearly, it wasn’t their fault because if it was then all of these plutocratic pundits like Kudlow would have to admit how full of shit they were, are, and have always been. So really no surprise that they blame all this on those wily poor little guys. ut here’s the thing if Kudlow and Paulson and Bernanke and all execs and CEOs were damned smart how is it they got taken to the cleaners by a bunch of rubes?

that made me laugh

I heard that too. I think that the verbatim quote was, “Capitalist pigs have destroyed the American economic system”.

The Garn-St. Germain Depository Institutions Act of 1982 is the ’subprime” culprit, an artifact of Ronald Reagan’s first term. This monstrosity brought us the “alternative mortgage” (12 USC 3801-3805)which legalized adjustable rate mortgages, repealed state usury limits on mortgage loans and brought us other “reforms” which resulted in the Savings and Loan crisis.

I was looking for that, thanx for pointing it out

John Harwood echoed this on CNBC this morning, saying that it’s partly the fault of the consumers who have gone into greater and greater debt. Blame the victim: the standard reply of the authoritarians who run things for us.

it’s not capitolism that’s the problem, it’s deregulated capitolism

I think “finger in the dike” is such an apt description of far too much that’s happened in government for the last few decades. And how sad is that?

‘Off-shore’ “booty”?

While the average person may not understand its extent, Congress, assuredly does, yet, doubtless, in the ‘confusion’ which now ‘overwhelms’ us, Congress likely will ‘forget’, ‘ignore’, or ‘pretend’ that it doesn’t exist …

The huge ‘monies’which have ‘compensated ‘the ‘innovative’ corporate ‘leadership’, over the past almost-eight years, are quite safe, well beyond recall, and, no doubt, will be joined by more.

The gaming goes on, aided by the ‘gaming’ of “Who is Resposible”, when, the WHOLE FUNCTION of Capitalism is to obsure ANY truth or consequence for those who cleverly line their own pockets and constitue what passes, in America, for the ‘aristocracy’, which like any aristocracy, perpetuates itself through its ‘fortunate’ offspring.

And like most populations of ‘lesser’ folk, the ‘Merkan public is enthralled by the exploits of the rich and famous, without a clue, seemingly, as to what is actually going on …

And our political ‘leadership’? They are only too ready and willing to serve the money interests, whom they admire, emulate and wish, quite openly, to join.

Perhaps THIS TIME will be different?

NOT UNTIL capitalism itself is seen as simply a ‘game’, one of many, and NOT some entity controlled by an ‘unseen hand’ of Lord of the Universe, but a cheap, shoddy invention of humankind, that can be and must needs be changed. Else there is no viable future for humanity, simply a Dark Age before the final, wimpering ‘collapse’.

the modern day
“Going to the Mattresses”

Well, yes, that’s true, but I was quoting Pat Buchannan.

Did you know that Greg studied with Friedman in college?

Can’t you just smell the roses

crack is cocaine

Sub-prime under $ 50,000. vs. alt-a at over $ 435,000 or about nine sub-prime defaults for each alt-a mortgage so which class of people are really the problem. You don’t dice and slice a $25,000 mortgage but over $ 500,000 that’ a nice fat cat to skin.

that’s overpowered by the odor of sulphur

REMEMBER?

In 2006 well past the peak of the real estate top, Fannie Mae was running an ad on the TeeVee that got my full attention.

The voiceover was that of a grandmotherly black woman. Her smooth-as-rum delivery was overlayed with imagery of a middle-aged black couple contemplating the purchase of their very first home. The voice told them:

“You’re entitled to your own piece of the American Dream, and Fannie Mae is here for you to make it happen.”

Fannie Mae, Countrywide, and every other advertiser on CNBS was selling snake oil to the American people, and the CNBS shills were dutifully towing the corporate advertisers’ line to sell, sell, sell, because all of their own self interest was tied to the profitability of GE AND the value of their own homes.

Multiply the CNBS advertiser experience across the entire media spectrum. Where do you think their revenues were coming from? The entire con was run from the highest bankster level. The cheerleading of none other than FED Chaiman Greenspan – compelling everyone to forsake their 30-year mortgage and move into an ARM while borrowing against their home to move as deeply into debt as possible – was EVIDENCE of entrapment.

The entire credit industry purposely entrapped the citizens of America – just the way the IMF and World Bank (same criminal conspirators – Rockefeller et al) entrapped third world countries with more debt than they could ever repay, only to own all their resources and control of their government in the aftermath.

Forget the tress – behold the forest.

I guess I’m in the mood for humor this morning. Here’s a link to something that might give you guys, and uh, gals a giggle:
http://politicalhumor.about.co…..ures/?nl=1

It was hard to get a word in edgewise, no matter how mightily I tried.

he was still coked out of his mind at the time – entered treatment late ‘92

And the new bankruptcy law went through at precisely the same time that Fannie and Freddie were herding the last “greatest fools” into the atomic particle accelerator – all touted as the next coming of financial nirvana by the ruthlessly criminal shill on CNBS, the chief among them – Kudlow.

Will they all look to live behind the walls of the Bush complex in Paraguay when the torches, pitchforks, and long knives come looking for them?

Congress is going for a repeat of its so-called solution to the savings and loan crisis by buying up the rotten goods but leaving the law to allow further repeats of the same thing.

This is key. The government is buying up the bad debt of these players to the tune of hundreds of billions of dollars and making guarantees on trillions more. And so far they haven’t sought to use the huge amount of leverage this gives them to demand fundamental changes in the financial system to keep a collapse like this from happening again.

He showed no sign of being high during the program. It was broadcast live at 11pm, so I guess he didn’t snort that day.

Henry Paulson up on CSPAN live

Paulson’s up on CSPAN1.

I owe you a Pepsi, Elliot.

Bush was fully complicit in the intentional enslavement of the American People. As President, he had the bully pulpit from which to offer fatherly, sage advice about living within ones means and saving for a rainy day. He did just the opposite, which is tantamount to high treason.

The enemies of the Republic are within.

R.I.P

USA

Keith had us rolling last night with his Brigadoon analogy – too damn funny

There is usually a distinction made between the powdered form and crystal. The first is usually referred to simply as cocaine. The second as crack. For sometime penalties for the use of crack (more prevalent among the poor and minorities) were considerably harsher than those for cocaine (which was more frequently found among middle and upper classes).

EXACTLY! One correction to bankruptcy law (for corporations) I want to see is the requirement that the executive officers (ALL of them) of the company seeking bankruptcy protection must give up their most recent bonus (whenever it occurred) and give up any golden parachute. It should hurt those that actually ran the company into the ground more than it hurts the workers.

Decent jobs with a living wage and national healthcare would reduce “bad” loans more than any bail out to the monied bastards.

Led by Phil Gramm, the senators who voted to allow the massive deregulation of the banking industry and welcomed the cowboy economy that brought the Enron, sub-prime mortgage crisis, $85 billion AIG rescue and taxpayer bailout upon taxpayer bailout for the corporate criminal bankster welfare queens.

======

The Gramm-Leach-Bliley Act effectively repealed the Glass-Steagall Act, opening up competition and blatant conflict of interests among banks, securities companies and insurance companies.

The Glass-Steagall Act prohibited a bank from offering investment, commercial banking, and insurance services basically, the deregulation that caused all this.

Deregulation of the banking and investment industry will unleash the full power of capitalism and all Americans will prosper and share in the “American Dream”. New vast profits will be shared and trickle down into the lower classes – all segments of society will benefit and prosper by deregulation.

(In reality unregulated greed on Wall Street will enrich only the financial elite, crash the economy, and the taxpayer will be left cleaning up the mess – they, their children, and grandchildren for generations to come will be picking up the tab.)

Rabid proponents of deregulating the banking industry. Note: The Republican Party owns this economic mess, mayhem, and chaos. They pulled the plug on government oversight.

z

“Capitalist pigs have destroyed the American economic system”.

was waiting for “Up Against The Wall Mother****ers!!!”

can’t wait for the release of his latest tome: Steal This BookEconomy !

Matthews’ cuckoo clock analogy wasn’t too bad either. Once he mispronounced it, but he tried to call it a “schwartzwald clock.”

Here we go Illiquid assets = Pump in money = then we will fix regulatory oversight to reduce duplicatory regulations
BEND OVER AMERICA

TBogg’s got
God forbid you ever had to walk a mile in her shoes
‘Cuz then you really might know what it’s like to have to choose

plunger,
You put up a long comment without the R word in it.

I apologize for

Not lying on my WaMu loan paperwork
Providing proof of income
Having the gall, sheer unmitigated gall, to actually make all my loan payments on time.

Obviously, we be bad people, since we aren’t willing to lie out our *ss.

Our business is having serious problems right now, because the stupid lenders didn’t even bother with the first basic concept of business, i.e. make sure your customers can pay.

You can hear the executives at Remax and every other real estate firm across the United States calling a meeting of their advertising executives to develop new ad strategies touting “THE BOTTOM IS IN…BUY NOW!”

Get ready for a new world record level of bullshit from the Dirt Pimps.

Dya think?

The word that no one else dare speak?

And also replying to Sangamon at #61:

If ever there were a time when I just wanted to say to those on TV, “Well, DUH!!!” that was it. That, and the reference to Gordon Gekko on the same show.

Bingo!!!

Why shouldn’t the economic ‘game’ we all tacitly ‘agree’ to, actually benefit the people?

Otherwise what is such a game but ‘permission’ for the rapacious to do exactly and precisely what has happened (time and again, ad nauseum)?

The names of the guilty are right here:

Senate Vote On Passage: S. 900 [106th]: Gramm-Leach-Bliley Act

I wonder what will be dumped tonight under the cover of the financial market chaos.

Shock Doctrine in full exposure. It is time to jump in and raise holy hell. No bailouts until all of the deregulatory BS of the last 30 years is repealed and additional regulations and oversight put in place. Over turn the GWB changes to OCC.

NO REGULATIONS – NO BAILOUT

McCain’s economy

Have been wondering that myself…

McCain’s Economy

http://www.youtube.com/gmontage

http://gmontage.blip.tv

new emptywheel

The Picture McCain doesn’t want you to see.

I keep watching this and I can’t stop laughing.

http://blog.amahchewahwah.com/…..y-to-jump/

Does that make me bad?

Here’s one,
Florida to close Foley investigation, sources say

Uh. Mah. Gawd. No more double shot lattes for him, eh?

Oh my! You’re not bad.
Every time he sad a word starting with an F, I thought he was going to say fuck.

If it does then I am bad also.

And, yikes, what a contrast to the president speaking right now.
He looks like he can’t wait to get out of office, doesn’t he?
Double shot lattes for him? You know what I mean?

Thanks, Christy. An excellent article.