Mike's Blog Roundup
By Mike Finnigan Monday Nov 24, 2008 8:00amMock, Paper, Scissors: Back on the sauce
BlondeSense: The nationalization of financial institutions might be a good thing if it leads to the firing and prosecution of these, and other criminals.
Pam's House Blend: "The worst Treasury Secretary in modern times." What else could we expect from the worst president ever?
David Seaton's News Links: Deflation as a metaphor
Foolocracy: Terrorist takes comedy class while in prison
ANNALS OF JOURNALISM: Why is the NYT publishing a war criminal?...Covering new presidents: the media's double standards...MSM Moron of Da Week...AP to drop 10% of staff...WaPo continues to underestimate Iraq war casualties...Glenn Beck doesn't understand why he's resented as a bigot...Ailes says FOX wont "attempt to destabilize" Obama's presidency right now...In praise of Izzy...Covering up for Paulson...Hackery Hall of Fame inductee...The Michael O'Hanlon of magazines...Headline of the Week...Second place winner...Wapo loves that Cheney Kool Aid...WSJ's editorial page usually inspires violent thoughts, but once in a while, they print something worth reading...
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Those pictures of bush drinking whatever it is are funny as hell. Be sure to scroll down and see them all.
I guess I wouldn't blame bush if he was hitting the sauce. Hell, if I had done half as much damage to my country and the world as he has, I would probably drink myself to death. Of course, I have a conscience and that makes a difference.
Roughly the Peruvian equivalent of Tequila and a fruit juice. Serious sauce.
But more seriously, why is Bush not in jail?
Oh and don't forget to fire up the tv at noon. Obama will be speaking about his financial team and taking some questions too.
Which channel?
The question I would like to hear answered is how Timothy Geithner and Lawrence Summers are going to be agents of change, when they were precisely the ones there for the repeal of Glass-Steagall.
How?
What is good for Citigroup's Fat Cats is good for who else?
Sweet deals galore, for Fat Cats that is.
Government by the corporations, for the corporations… and their buddies.
The new buddies will be there shortly.
Why doesn't the WSJ run any comic strips? You'd think they at least would run this guy:
http://blogs.citypages.com/gop/scrooge-mcduck...
Fed Pledges Top $7.4 Trillion to Ease Frozen Credit (Update1)
Nov. 24 (Bloomberg) -- The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything produced in the nation last year, to rescue the financial system since the credit markets seized up 15 months ago.
http://bloomberg.com/apps/news?pid=20601109&s...
Max Keiser on Aljazeera. The world will need to commit $20 Trillion, the result will be a dollar cut in half.
http://mediamatters.org/columns/200811190014
On this topic, what ever happened to Frank Lautenburg's propaganda bill that he put up on the floor of the House when it became clear the white House was paying for fake news stories to be aired as news?
And at what point does journalism end & propaganda start? When does excessive lying become fraud & become actionable under the law?
There has to be a way other than market forces to hold people accountable when they've acted to sway an entire ntion into killing millions of people for nothing.
If they follow through with this hyperinflation will be the only result. They must be taking economic tips from Zimbabwe's Robert Mugabe. After all, his Government prints and spends an estimated $500 trillion per year and their currency is absolutely worthless.
Recession’s Grip Forces U.S. to Flood World With More Dollars
By Rich Miller
Nov. 24 (Bloomberg) -- The world needs more dollars. The United States is preparing to provide them.
In an all-out assault on capitalism’s worst crisis since the Great Depression, the U.S. is taking on the role of both lender and borrower of last resort for the global economy.
The Federal Reserve, which has already pumped out hundreds of billions of dollars, might formally adopt a policy of flooding the world financial system with even more money. The Treasury, on course to borrow some $1.5 trillion this fiscal year, may tap global capital markets for even more to finance a fiscal stimulus package of as much as $700 billion and provide additional bailout money for banks.
http://bloomberg.com/apps/news?pid=20601087&s...
http://www.youtube.com/watch?v=Ne5XyG4VrmQ&fe...
correction applied. you're welcome.
to be back home. So what's new? I see the erudite Mr Finnigan persists in misspelling Anals. Well, we all make mistakes. For some reason I've always had trouble spelling the word government. I always try to stick in an extra e.
Glenn Beck is hilarious. He's so self-important and narcissistic that he can't understand how anybody could possibly hate him. It reminds me of that episode of Everybody Loves Raymond where Ray, Beck-like, simply cannot fathom how somebody could hate him.
I bet Beck had a mommy like Marie who constantly told him how special he is, no matter how big a fuck-up he was actually proving to be.
I like getting sauced.
Good thing my neighbors ain't cannibals.
If they put me on the barbie
They'd not have any eyebrows left
From the resultant fire-ball.
My all time fav
Rumsfeld in the NYT? Appalling and unsurprising. As I wrote over at Hoback's post, the BS that "the Surge" has been an unqualified success is both dangerous and widespread. Any reduction in violence is great, of course, even if temporary, but the Bush cheerleaders rarely if ever discuss the complexity of the competing factions in Iraq, nor the 4-5 million displaced Iraqis. It's unconscionable. Yet many of our newscasters repeat this tripe, I think in part because they genuinely cannot handle complexity (or think their audience can't), and partially because, however unconsciously, they desperately want validation for their past cheerleading and squashing of most skepticism and criticism of the Bush approach. Why is Bill Kristol at the Times at all, and paid above the typical rate, despite all those corrections? (Not to mention that overall, his output remains trite and pathetic.) I think the NYT wants validation as well, however unconsciously. Why consistently give a platform to people who have been unfailingly, disastrously wrong? Why pretend that they are serious, they are respectable, or have any insight whatsoever and aren't desperately spewing BS to try to cover their own asses? Probably because that's the Times as a whole, too. Bring on Friedman in chime in on the chorus...
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