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What a Rotten Day This Turned Out To Be

MsExPat's picture

Where to find the sharpest political commentary in the NYT

Why, in the garden section, of course!

A reporter's morning walk through the lovely Manhattan flower market on West 28th street finishes up with a suggestion for a visit to a very special local bookstore: Read more about Where to find the sharpest political commentary in the NYT

John Kerry, clue-less fuckup, suggests trigger FAIL if public option FAIL cannot pass

Way to negotiate the deal, there, John.* HuffPo:

In a closed-door meeting of Senate Finance Committee Democratic members and their staff Wednesday evening, Sen. John Kerry (D-Mass.) suggested that if the committee bill didn't have enough votes for a public option it include a ten-year delay [FAIL!] between passage of health care reform and the implementation of a public option that Americans could buy into, according to two Democratic aides.

Clear

IBM's Gerstner: Tax short term capital gains at 80%

(Maybe that would stop fucking Goldman from gaming the oil markets.) Bloomberg:

Louis Gerstner, the former International Business Machines Corp. chief executive officer, said that short-term investment gains should be taxed at 80 percent as a way to counter the culture of greed on Wall Street.

“If you buy something -- a stock or a bond -- in the morning, and you sell in the afternoon, the tax probably ought to be 80 percent,” said Gerstner, also a former chairman of Carlyle Group, the world’s second-largest private equity firm.

You put your money into the banksters' pockets with bailouts, they turn around and pick your pockets with gas prices

Jim Hightower.

And then they award themselves huge bonuses for using your own money to steal more of your own money from you.

Come to think of it, that is a pretty slick maneuver. Maybe they do deserve their bonuses!

NOTE Via Susie. Read more about You put your money into the banksters' pockets with bailouts, they turn around and pick your pockets with gas prices

Essential Iran reporting from McClatchy

Go read it all. Here's the method, which is interesting:

In a makeshift Afghan teahouse, Iranian truckers debate election
Amid the tire irons and crowbars in a disabled Russian armored personnel carrier-turned Afghan teahouse, Iranian truck drivers Wednesday debated allegations that their government rigged Iran's June 12 presidential elections — and whether it did so by the thousands or by the millions.

That's because social media is for serfs

and not the Lords and Masters. Reuters:

Research conducted by the blog UberCEO.com looked at Fortune's 2009 list of the top 100 CEOs to determine how many were using Facebook, Twitter, LinkedIn, Wikipedia, or had a blog -- and found they were mostly absent from the rapidly growing social media community.

The study found only two CEOs had Twitter accounts and 81 percent of CEOs did not have a personal Facebook page.

Not one Fortune 100 CEO had a blog. ...

Why the "people get too much health care" talking point is out there

Because that's how our rulerz are behaving, and they're projecting their own behavior onto everyone one. Reuters, on how the world's rich are spending during the "downturn": Read more about Why the "people get too much health care" talking point is out there

MsExPat's picture

Inside Iran: The Wars for Money and Power

More terrific inside baseball political and economic analysis from Iranian scholar Behzad Yaghmaian.

Well written, authoritative, cuts straight to the chase:

Underneath the heroic movement for democracy by millions of Iranians, we are witnessing the final acts of a protracted war for the control of the Iranian economy, and the possibility of violent confrontations within the conservative block that ruled the country in the past thirty years.

"Robust"

On this thread, I wrote:

"Robust" is one of those Versailles words you want to watch out for. Back in the day, when I was a high priced tech consultant, "robust" meant "in a big honkin three-ring-binder I can show to management." Empty linguistic calories, totally.

For example:

Baucus said new approaches were discussed in meetings Wednesday, and he described them as "variations, but on the same themes that have been discussed quite a bit — more robust, beefed-up co-op approach."

Public option: What's the plan?

Helen Redmond writes in Counterpunch (from PNHP, April 26, 2009):

At the Health Care for America Now (HCAN) and Citizen Action Illinois sponsored rally in Chicago last weekend, single-payer advocates confronted HCAN leadership and Democratic Congresswoman Jan Schakowsky (D-Illinois) who instead of working to pass HR 676, John Conyers single-payer bill titled the United States National Health Insurance Act, are supporting the so called “public option.”

a little night musing's picture

How to exceed expectations and please Wall Street, health-insurance parasite style, part 2

Awhile back I wrote, trying to figure out how my adopted parasite had managed to have a better-than-(Wall-Street)-expected first quarter:

I have tried, and failed, to understand or find out what "disciplined pricing and operating improvements in senior and local group businesses and more favorable prior-period claims development" means. I'm especially curious about that "more favorable prior-period claims development" part. Sounds suspiciously like not paying old claims, to me. But you know how I am...

Dearie me, not suspicious enough, perhaps. Could this be part of what it means? Read more about How to exceed expectations and please Wall Street, health-insurance parasite style, part 2

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