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Where's my pony? Do the counterparties have it?

7772So-Where-s-My-Fucking-Pony-PostAfter some months, the Times editorial board wakes from slumber: Read below the fold...

A controlled flight into terrain: Policy prescriptions and the crisis (an exchange)

I thought I'd elevate this comment from bringiton, and respond to it:

101 uses for a dead cat

Couple of things, agreeing all the while with Roubini's general analysis; however, the problem is both bigger than he states and more complex to address than he suggests.

Roubini writes:

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PNHP v HCAN: Blog debate... ---

All this week, this site hosted a blog debate about what approach we should take on health care reform in 2009. Dr. Don McCanne, a retired family physician now serving as Senior Health Policy Fellow for Physicians for a National Health Program, represented the "single-payer" point of view and Jason Rosenbaum, a writer and activist, and the Deputy Director of Online Campaigns for Health Care for America Now!, represented the "public competitor" point of view.

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vastleft's picture

AIG still paying millions in executive bonuses

I'd be here all night if I tried to highlight everything that's fucked up about this.

All I can do is honor Tim and AIG with a hearty "Mission Accomplished!" and extend my condolences to all concerned because, of course, their hands are tied.

The irresponsible American public decided to give billions to AIG with no strings attached, so what could the best and brightest (a term that AIG CEO Edward Liddy actually uses in the linked item!) do but keep rewarding themselves? Read below the fold...

Dead cat bounce

Roubini's done pretty well so far, for a celebrity.

And about the banksters who claim a return to profitability? Roubini farts in their general direction: Read below the fold...

Details to come later on valuing those "legacy assets"

If "details to come" wasn't the story of the Obama campaign, it sure has been the story of the bailout. Bloomberg:

U.S. Treasury Secretary Timothy Geithner said he will soon provide details of his plan to help banks clean up the non-performing assets that are clogging the financial system.

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Seed starting

It's not too soon to recall Feral Liberal's wonderful series on seed starting last year!

41 degrees today in Zone 5b! Who-whee! Read below the fold...

So, now can we ban downer banks?

They're a hell of a lot more toxic and dangerous than downer cows. Read below the fold...

DCblogger's picture

President Bill Clinton on single payer

PNHP blog has an excerpt and analysis of a CNN interview with the Big Dawg:

Former President Bill Clinton makes two very important points here. (1) Single payer dramatically reduces administrative waste, and he implies that it would be popular, as is Medicare now. (2) The private insurers “make a lot of money through saying no,” and “we can’t go on basically giving them more and more dollars every year — the insurance industry — and getting people sicker and sicker and leaving more and more people behind.” Single payer is good; private insurers are bad.

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gqmartinez's picture

Sunday Book Review

It's been two Sundays which means its time to get ready for the Sunday Book Review at Corrente. The Book Reviews are a time for fellow Correntians to put aside our political differences and talk about books we like, love or hate. Every time I go to the library I like to browse some old review posts to get ideas for the next read. Or at least to put some books on my queue. I'm sure others do the same. Read below the fold...

Massive takedown

[Oops! Corrente saw the uncensored version first, thanks to alert reader Davidson. 50 slashes with a wet noodle for ... --lambert]

Howard Beale? Or Edward R. Murrow?

The parable of Brother Kwan and Santino the Chimp

UK Telegraph:

Leilit Janchoom, 48, had employed a monkey to pick coconuts which he could then sell for around 4p each.

The animal – named Brother Kwan – found the work tedious and strenuous but Mr Janchoom refused to let him rest, dishing out beatings if he refused to climb trees.

It is believed that the monkey eventually snapped, and targeted his owner from a high branch with one of the hard-skinned fruits.

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Obama FDA picks look good


Obama used his weekly radio and video address to announce the nomination of former New York City Health Commissioner Margaret Hamburg as FDA commissioner, and his choice of Baltimore Health Commissioner Joshua Sharfstein as her deputy.

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