Darrell Issa Fears Michelle’s Triceps, But Not Dick’s Guns

By: emptywheel Thursday March 26, 2009 6:45 pm

Darrell Issa wants to regulate Michelle Obama. I guess he’s afraid of her triceps.

Obama Won’t Legalize Pot, Wonders If Online Community is a Bunch of Stoners

By: Lisa Derrick Thursday March 26, 2009 5:30 pm

In his first ever interactive town hall meeting, President Obama addressed questions and issues raised online from the change.gov site. One of the most popular ideas floated online there and on the pre-inaugural citizen’s policy book was the legalization and taxation of marijuana, which could provide additional taxes and jobs, as well as lowering criminal justice costs.

Franken-Coleman Update: When the Irish Ruled Saint Paul

By: Phoenix Woman Thursday March 26, 2009 4:30 pm

Norm Coleman began his political life as a Democrat, because it was only as a Democrat that he could be elected to any post in Saint Paul, Minnesota’s capital city and a DFL stronghold. However, he wasn’t advancing up the ranks as fast as he would have liked — being the mayor of Saint Paul at an early stage in his career wasn’t good enough for him — and so in 1996, three years after winning the mayor’s office, he switched parties, and lost Terry O’Toole’s friendship.

What If Big Media Became a Systemic Risk?

By: emptywheel Thursday March 26, 2009 3:30 pm

There were two interesting questions Tim Geithner didn’t answer today. Whether he knows of another systemically large non-bank that might fail, and what would happen if GE Capital posed a systemic risk.

Talking Economic Accountability with Nomi Prins

By: Jane Hamsher Thursday March 26, 2009 2:00 pm

Nomi Prins used to work on Wall Street, for Bear Sterns and Goldman Sachs. She left all that to write about the world of finance, writing the books Other People’s Money: The Corporate Mugging of America and Jacked: How “Conservatives” are Picking your Pocket. She writes about Timothy Geithner’s new Public-Private Investment Plan in this month’s Mother Jones:

Economic Terrorism

By: Tula Connell Thursday March 26, 2009 1:30 pm

Corporate opponents of workers’ freedom to form unions repeatedly have shown they are not interested in the welfare of their employees or any of the pseudo-lofty ideals they cite while fighting the Employee Free Choice Act.

Now, they’ve made clear they will do anything—even destroy jobs, communities and harm the U.S. economy—to ensure that more American workers do not have a voice on the job.

To Push or to Pull, That is the (G-20) Trillion Dollar Question

By: Stirling Newberry Thursday March 26, 2009 12:30 pm

Americans are, naturally, focused on the domestic policies and domestic economy. However, the world is round, and we all live on it. Globalization is a reality, because many of the most important resources, such as oil, and many of the most important problems, such as carbon driven climate change, are global in nature.

Donor Heaven: Praying for a Positive Sum Game

By: Robert Johnson Thursday March 26, 2009 11:30 am

America just got its lunch eaten by finance. The question now is what to do as the program unfolds.

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

By: Blue Texan 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: Jane Hamsher 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?

GEITHNER:

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