Last week, the Washington Post published an item about Mitt Romney’s time at Bain Capital, and how the firm owned several companies that engaged in the practice of shipping American jobs overseas. The Romney campaign’s initial reaction was almost comical – they claimed that the story didn’t differentiate between outsourcing and offshoring, both of which can involve the removal of jobs from the United States to areas overseas. The Romney people sought a meeting and a retraction, but after the meeting WaPo said no retraction.
|By: David Dayen Wednesday June 27, 2012 3:30 pm|
|By: David Dayen Wednesday June 27, 2012 7:15 am|
Lynn Szymoniak is the lawyer and forensics expert who during her own foreclosure case recognized the massive fraud in documentation being perpetrated by banks. Lynn devoted the next several years to rooting out this fraud and telling anyone who will listen about what the banks were doing with mortgage assignments. And now, the 60 Minutes piece that gave her national notoriety won a Loeb Award, the most prestigious award in business journalism.
|By: David Dayen Tuesday May 29, 2012 2:50 pm|
I haven’t fully weighed in on Chris Hayes’ segment from Sunday about the use of concepts like heroism and valor when discussing the US military, and I’m not sure I have to. Conor Friedersdorf, a conservative, says most of what needs to be said here. Meanwhile, NBC shamelessly invited guests to attack Hayes while misrepresenting what he said.
|By: David Dayen Thursday May 24, 2012 11:05 am|
|By: David Dayen Monday May 7, 2012 1:10 pm|
Bloomberg’s editorial board had a pretty good denunciation of forced-place insurance, the scam whereby servicers purchase insurance for borrowers who they deem have lapsed coverage, at enormous markups with kickbacks for themselves, which in many cases drives homeowners into foreclosure. But this doesn’t capture the larger picture of the banking/mortgage lending and foreclosure industries getting off scot free despite onging crimes.
|By: David Dayen Tuesday April 17, 2012 11:41 am|
I have to agree with HRC that the time is most certainly not “right” for ENDA in the political sense of the term, though the time has been right for it on a moral level for many years. This is a uniquely cautious White House, so spooked about the election as to not even use its power to write an executive order preventing LGBT discrimination by federal contractors, and now they announce “the time is right” to pass ENDA without delay?
|By: David Dayen Thursday April 12, 2012 7:35 am|
Administration. Either that, or the White House just values them a whole lot. Over the past couple weeks, not one but two potential restrictions on them have been lifted. The first was when the Administration abandoned a plan to force disclosure of political donations by companies who have contracts with the federal government. And the second dropped today.
|By: David Dayen Wednesday April 11, 2012 4:27 pm|
I’ve noted before that one of the reasons we don’t get good housing policy in this country is that the media by and large doesn’t understand it. When Ed Henry shows that he doesn’t know how home loans work, it means more complex issues about housing policy have no chance of moving past the demagoguery stage. That’s what I thought when I saw this story from ABC News about how taxpayers are paying for mowing lawns! Oh noes!
|By: David Dayen Wednesday April 4, 2012 2:11 pm|
Bob Woodward and Carl Bernstein sat for an interview at the American Society of News Editors yesterday, and they were asked about how a Watergate-type scandal would play out in the Internet age. They mocked a set of papers from a Yale journalism class, which they claimed said that the Watergate scandal would pop up on the Internet, and that Nixon would have had to resign much more quickly.
|By: David Dayen Friday March 30, 2012 2:52 pm|
Less than a year after he returned to television with an equity stake in the broadcaster, Keith Olbermann has flamed out again. He has been terminated by Current TV, effective immediately. His 8pm flagship show will be replaced starting tonight by former CNN host and New York Governor Eliot Spitzer.