Sarah Palin Continues to Champion Personal Responsibility by Constantly Blaming Other People for Her Failures

By: Thursday March 26, 2009 10:30 am

Last Friday at the Alaska GOP’s Lincoln Day Dinner, The ‘Cuda explained why McCain/Palin and the GOP got their asses handed to them last November.


Geithner Endorses Naked Credit Default Swaps

By: Thursday March 26, 2009 9:35 am

Today Joe Donnelly (D-IN) asked Timothy Geithner a simple question — why can’t they ban naked credit default swaps?

DONNELLY: We saw naked credit defaut swaps cause extraordinary devastation to our economy and I know regulation is coming. do these naked credit default swaps provide any value added, or is this simply just gambling?


AIG Threat Coming to Pass

By: Thursday March 26, 2009 8:39 am

Remember when AIG told us if it didn’t pay the bonuses, and top people left Banque AIG, we might be on the hook to collateralize $234bn in credit default swaps? Guess who’s quitting on the same day whiny Jake DeSantis got published in the New York Times.

Today’s Geithner Liveblog: The House Financial Services Committee Hearing

By: Thursday March 26, 2009 7:43 am

If I understand the rules Barney Frank laid down on Tuesday, the members who waited patiently but never got a chance to ask questions on Tuesday (people like Alan Grayson) get to go first.

You can follow along at CSPAN3 or the committee stream.

Here is Geithner’s statement.


BofA and Citigroup Gaming Public-Private Partnership

By: Thursday March 26, 2009 7:07 am

(I’ll be on the Nancy Skinner show today at 4pm ET — jh)

As Yves Smith and other predicted, BofA and Citigroup have already begun gaming Tim Geithner’s private-public partnership plan (PPiP). Remember our old pal Stanford Kurland, who milked Countrywide for $200 million, and is now financed by Blackrock to buy up toxic mortgages at thirty cents on the dollar? The New York Post says companies like his are being outbid — by BofA and Citigroup.

Now remember, TARP money was supposed

Kudos To Sen. Byron Dorgan

By: Thursday March 26, 2009 6:00 am

Huge kudos for Sen. Byron Dorgan.  Because he has more than earned them with this interview with Rachel Maddow: “There’s a culture, and the culture is that ‘Wall Street knows best.’ You know, there were only eight of us in the United States Senate that voted no. This was a huge deal to repeal the protections that were put in place after the Great Depression — a huge deal. Eight of us voted no.”

Early Morning Swim

By: Thursday March 26, 2009 4:45 am

Yeah, she’s a keeper — like a 3 pound walleye

By: Thursday March 26, 2009 1:30 am

Michele Bachmann gets a mash note from Powerline

Follow Firedoglake
CSM Ads advertisement