January 2010 Archives

During his Wednesday testimony before the FCIC, Government Goldman Sachs CEO Lloyd Blankfein compared the financial crisis to a "hurricane," sort of an act of God, if you will, that nobody saw coming. For an "act of God" there were certainly a series of consequences that just happened to be very favorable and very profitable for Goldman. God must be on the GS payroll. How's this for fortuitous timing:"In 2006 and 2007, Goldman Sachs Group...

If you haven't seen this yet, ya' just gotta take a minute.  Here's Stewart on Thursday, putting his own perspective on the Beck-Palin interview we discussed a couple of days ago.   Presented without further comment:The Daily Show With Jon StewartMon - Thurs 11p / 10cCrazy Like a Contributorwww.thedailyshow.comDaily Show Full EpisodesPolitical HumorHealth Care Crisis Have a great weekend....

On Wednesday (January 13) Government Goldman Sachs CEO Lloyd Blankfein was questioned by FCIC chairman Phil Angelides about some, shall we say, less than ethical practices at Goldman. In essence what Goldman is accused of doing is selling securities as safe investments while at the same time betting their value would go down, Here is a portion of the transcript, from McClatchy:"PHIL ANGELIDES (the commission chairman): I want to ask you about a very specific...

There's a lot of good stuff coming out of the Financial Crisis Inquiry Commission (FCIC) hearings. In fact, it's starting to take on sort of a Watergate-y feel about it, or as George Costanza put it, it's like an onion, the more layers you peel back, the more it stinks. There is too much to cover in one post, so please indulge me. I hope you find it as interesting as I do. On Thursday...

Haiti has been in the news over the last couple of days and you can't help but feel sorry for those that live there. Anytime the word Haiti appears on the wire you know it isn't going to be good news. Unfortunately, I know about as much about Haiti as most of you. I know it is the poorest country in the western hemisphere and I know they have had a lot of political unrest...

The White House is encouraging people to give to the Red Cross and other relief agencies sending supplies and searchers into Haiti.  While millions of Americans are doing everything they can to help, Rush Limbaugh, Chairman of the Republican Party, is falsely claiming that money given will be kept by Obama and not go to relief.  He's urging people not to give to relief because they've somehow already given through their taxes.Thinking people know that...

Media Matters has been tracking the time spent by Fox on their top rated programs covering the earthquake in Haiti vs that bastion of America hating liberals, MSNBC.  The difference is pretty stark.  While Fox's prime time talking heads are devoting the vast majority of their time slandering the President and Democrats in general, MSNBC is reporting actual news by covering the relief efforts in Haiti.  Here's the time spent yesterday by each network on...

Thank goodness for kissmybigbluebutt.com or I'd have missed the watch party event of the year!  Somehow I was unaware that tonight a debate in Denton, TX between Gov. Rick Perry, Senator Kay Bailey Hutchinson, and Debra Medina will be on for an entire hour.  The WWF ain't got nothing on these folks! The Texas Tribune has published a list of TV stations that will be running "Divas Debate in Denton" here.  PBS, Channel 8, will...

I hold Doctors Without Borders/Médecins Sans Frontières (MSF) in the highest regard because of the good work they do around the world to provide medical care to those in crisis. They are also one of the most effective charity organizations, with administrative costs of only one percent. Please, help them help those who cannot provide for themselves in the aftermath of the Haiti earthquake. Nearly a third of Haiti's population lives in Port-au-Prince. The...

Just wanted to share the best piece I've seen yet on the financial crisis - that explains things in terms we can all understand.  If you watch a video online today, watch this one.  MSNBC's Dylan Ratigan narrates.  ...