I don’t understand linky #1, Uh-oh, pt 1. The site meter? Am I misunderstanding something? I’m somewhat technically challenged…

Fixed.

when I click on #1, I get a link to
How the Fed Failed to Tell Obama About The Bonuses

Now, that IS an Uh-oh!

Elliott, Blue Texan is SPEEDY!

Faster than a speeding bullet!

well, Geithner is sitting on a verry hot seat.

Geithner has to go.

Bring in Robert Reich for Treasury not another Wall Street insider who wants to protect his friends at the expense of the American public.

Speaking of Reich,

In the Wake of AIG: Obama’s First Priority

The Wall Street bailout is starting to look like the most expensive tax-supported fiasco in history.

This is Robert Reich saying this, not Rush Limbaugh.

The FL Rethugs are working very hard at becoming irrelevant. Crist, relying on Fed stim dust, doesn’t want to look for new revenue sources, like dealing with tax exempt ostrich feed, etc. Rethugs in the legislature are once again trying to get a bill passed requiring an ultrasound before any abortion so they can browbeat the woman. Also in the bill is a provision that rape victims must provide written documentation on the rape before they can get an abortion. I’m still waiting for Ronda Storms to come out with her bill to teach creationism in the schools, an annual ritual for this nutjob. Assholes.

Good Morning Firedogs,

ok so it’s early and I believe Rahm to be a snake, just wondering how clever a snake

did he lean on Senator Dodd so as to get Dodd to oh-so-reluctantly out Geitner for his complicity in all this ?

if WH figured out Geitner was a liability before the storm broke, this would be an artful way to get rid of him without looking like disloyal bad guys – “full confidence” and all

just thinking out loud

Yeah, it’s crazy. My local (very dim and unaccomplished) Rethug rep is now Speaker since the last one had to resign in disgrace. And I don’t live in the city limits, but next week they have an election in Gainesville to change the city charter because the hate mongers are saying transgender people are going to suddenly turn into sexual predators if they are allowed to use the restroom of their gender identity.

tragic pick aint it? with Krugman, Stiglitz, (sp?) Galbraith, Roubini, Baker still available. hell, name Elizabeth Warren tomorrow and I’ll shut the hell up

Adam Smith, the political editor of the SP Times and an unapologetic neocon, has a piece in today’s rag about Dems overtaking Rethugs in the state, particularly among young voters. Can’t happen fast enough. Jim Greer, state GOP leader, thinks he can use technology like the Dems did. Only problem with that is that most of the redneck Rethugs don’t know what a computer is, thinking Twitter is something little girls do at slumber parties.

Ok,I’m confused now. According to the”news” I was watching this morning,Dodd DID have a role in stripping the bit about bonuses out of the rules regarding all this damned bailout money. Sigh. Honestly,I can’t keep up with this crap anymore,which is probably the whole idea of all the constant “reporting”on this topic coming out of DC.

What I want to know is where in the hell is the other 99 percent of the bailout money? What fucking sucks about all this is that we’re looking at trillions of dollars and not ONE job has been created,not a single one.At least not for little people like me. I’m really about to give up in despair.

The deal with our messed up economy is that it is not ONE miscreant who is at the root of the problem, but an entire universe of them and they all come from the financial sector and they all have the same world view and mind set and they would all act in the same unethical manner and they are virtually interchangeable.

No matter which one you put in which job / position you will get the same policy, the same results. These people are all of one capitalist, the financial sector is sacred and can do no wrong mindset.

There job as they see it is to create and protect the wealth of the already wealthy who they see as the stewards of the world and deserve all their wealth. It’s an entitlement, a birthright. You won’t change them and if you fire one another jack in the box pops up and you have the same old same old.

Oh

and by the way

TERM LIMITS

will solve a whole lot of the nepotism, cronyism, corruption, legal bribery, elitism and cost less money.

It’s the Nutty Squirrels!

http://www.toontracker.com/nutty/uhoh.ram

Kristof whining about the death of newspapers and the rise of the Daily Me gets no sympathy from me. The reporters for the most part shirked their duty to report in the last 20 years. They jumped on Clinton and Gore to do their best to make them look bad in all cases and allowed the rethugs to say anything without contradiction. The bloggers paid attention and were able to search through the reporters’s stories and find some facts or compare stories and determine the facts. The reporters worked hard to slant their stories. There were also some bloggers that had knowledge of stories that reporters misreported. People began to be fed up with that nonsense and went away from the newspapers. I used to read at least one paper everyday. Now, I seldom read any.

Kristof wonders if getting our news on the web makes us more partisan. He feels that we should read more of the side with which we disagree. I have tried doing that; reading those sites does nothing except show that the repugs have nothing but ad hominem, character assassination or simply lies to support their positions. Again, all progressives have to do is quote them their own words as Jon did so effectively to Cramer. There has been no defense except to call Jon a “hack” or wish that “someone” would call him out.

Here is a diary from Big Orange debunking the ‘Dodd did it’ story – citing both Glenn and Jane

btw, the Dodd-did-it story showed up on Kos front page last evening – how that could have happened with Jane and Glenn’s reportage out there is beyond me

as to who actually did what – still clear as mud

Yep.

I’d like to see the president of a small,successful local bank taking over this madness. Those little banks didn’t do all this madness that caused the crash because they have to face the people who have money in their banks.

Or,let some of us parents,who have to live within our means to feed our kids explain to these wastes of space how to deal with reality and actual finances.

I gotta go do something else,I’m so pissed I’m in tears. Fuck these assholes sideways with a rusty pitchfork.

…with Krugman, Stiglitz, (sp?) Galbraith, Roubini, Baker still available. hell, name Elizabeth Warren

Now THAT sounds like an economic advisory team!

From James Galbraith in Washington Monthly:

This is plainly a capable, close-knit group, acting with energy and commitment. Deficiencies of their program cannot, therefore, be blamed on incompetence. Rather, if deficiencies exist, they probably result from their shared background and creed – in short, from the limitations of their ideas.

JG takes a kind view of what defines incompetence. Not up to the task lies beyond the scope of competence.

The most likely outcome, should the Geithner [banking] plan go through, is a combination of looting, fraud, and a renewed speculation in volatile commodity markets such as oil. Ultimately the losses fall on the public anyway, since deposits are largely insured. There is no chance that the banks will simply resume normal long-term lending. To whom would they lend? For what? Against what collateral? And if banks are recapitalized without changing their management, why should we expect them to change the behavior that caused the insolvency in the first place?

There are buy opportunities out there if you are brave and foolish.

The oddest thing about the Geithner program is its failure to act as though the financial crisis is a true crisis – an integrated, long-term threat – rather than merely a couple of related but temporary problems, one in banking, and the other in jobs.

In short, if we are in a true collapse of finance, our [standard] models will not serve. … Our modern numerical models just don’t capture the key feature of [the Great Depression] – which is, precisely, the collapse of the financial system.

AIGFP bonuses is a crisis for the spin doctors, not the people who are dealing with the total collapse of the world as the National Economic Council knows it.

The New Deal rebuilt America physically, providing a foundation … from which the mobilization of World War II could be launched. But it also saved the country politically and morally, providing jobs, hope, and confidence that in the end democracy was worth preserving. There were many, in the 1930s, who did not think so.

What did not recover, under Roosevelt, was the private banking system… The liquidity trap wasn’t overcome until the war ended.

C’mon folks. We’ve got real problems to deal with. Let’s get moving.

Today the largest problems we face are energy security and climate change—massive issues because energy underpins everything we do, and because climate change threatens the survival of civilization. And here, obviously, we need a comprehensive national effort.

Why does this smack of cleanup job:How the Fed Failed to Tell Obama About The Bonuses?

Time to ship that one to Silver hills to dry out or something.

Scratch @26