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Film at 11: Stress tests continue bogus

Pelosi to push for Pecora Commission-style inquiry

Following through on her commitment last week at the Commonwealth Club, Pelosi moves to schedule hearings:

Wall Street may be heading for the deepest investigation of its practices since a congressional panel’s probe of abuses following the 1929 stock market crash.

connecticut man1's picture

Congressionally Approved Torture Tools for Lobbying 2

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Since both the White House and Congress no longer consider prosecuting torture as a crime, it is safe to assume that we can begin to legally use these methods as legitimate tools to lobby our Congress and White House for the real changes we expect from our government. These methods that I document will be equally applicable to those who lobby against the interests of average American citizen on these issues. Read more about Congressionally Approved Torture Tools for Lobbying 2

Sarah's picture

And David Sirota Drives Another Nail Into w's Coffin

Departments: 

The video runs nearly 10 minutes. Toward the end even the CNN moderator's losing his cool. But look how Bush's apologist finally describes David Sirota's simple question,
"Did the Bush administration keep the country safe ON 9-11-01? They were warned." Read more about And David Sirota Drives Another Nail Into w's Coffin

Sarah's picture

A Challenge to the Governator: Gavin Newsom running for CA's top job

Sarah's picture

Russ Feingold Nails Torture Advocates

J'adore Russ Feingold, all over again. Because Russ Feingold (D.-Spinal Integrity) doesn't think Peggy Noonan's point of view is legitimate any more than I do. Read more about Russ Feingold Nails Torture Advocates

Harmon update

RL call, so quick, but BTD's on this here and here. Could be that on the CQ story, Sarah was right, and I was wrong (and not for the first time).

Nevertheless, my larger point (at least, larger for me) is that what's sauce for Harman's goose is sauce for Obama's gander, remains. Just saying, BarbinMD. Read more about Harmon update

Yes, we can!

Departments: 

The great Charlie Pierce (via the Great Avedon):

I have now lived through three major episodes in my life where the political elite have told me quite plainly that neither I nor my fellow citizens are sufficiently mature to suffer the public prosecution of major crimes committed within my government.

The first was when Gerry Ford told me I wasn’t strong enough to handle the sight of Richard Nixon in the dock. Dick Cheney looked at this episode and determined that the only thing Nixon did wrong was get caught.

vastleft's picture

This guy sounds pretty good

He even worked for St. Reagan, fer crissakes. But he's been tagged as a goddamned liberal.

Too bad we never reclaimed that word..... Read more about This guy sounds pretty good

vastleft's picture

Dear Aunt Hopey

I don't usually write to advice columns, Auntie, but I'm having feelings I've never experienced before, and I'm so confused.

I was led to believe it was socially acceptable — and then some — to have a rivalgasm whenever the Obama administration held Republicans to its bosom. Read more about Dear Aunt Hopey

Bankster mordida

Everybody keeps saying we're different from a Banana Republic because there you've got petty corruption, mordida, everywhere you turn. Read more about Bankster mordida

Bailout watchdog kicks Timmy in the nads: PPIP can be gamed, 20 criminal investigations open on TARP

About time:

The U.S. Treasury's plan to purge toxic assets from banks' balance sheets is vulnerable to fraud and abuse and needs tough rules against conflict of interest, the government's bailout watchdog said on Tuesday.

Neil Barofsky, the special inspector general for the $700 billion Troubled Asset Relief Program (TARP), said in a report that subsidies for public-private investment partnerships (PPIP) to buy assets could expose taxpayers to higher losses without corresponding increases in the potential for profit.

Phase 3: Profit!

For your future reference, and because the appropriate cultural frame of reference for current events may well be no longer Monty Python, but South Park, herewith the script of the Underpants Gnomes episode:

Phase 1: Collect Underpants

Phase 2: ????

Phase 3: Profit! Read more about Phase 3: Profit!

okanogen's picture

The Opening Created by Truthiness

Here is an excellent observation by the Business Pundit:

"MSM (mainstream media) reports and government announcements leave us with a sense that something is off. We try to assuage our unease with online facts, leaks, and answers. That seeking, combined with the mainstream media’s ineffective communication, opens a portal for opportunistic publicity hounds. Like Hal Turner.

Yesterday, Turner announced that he had obtained leaked “bank stress test reults” (sic) from regulators. He pithily stated that “they are very bad.” "

snip. Read more about The Opening Created by Truthiness

okanogen's picture

Small Biz Tip - Cloud Computing

I would love to see others giving their small biz tips. With that goal, I'm going to start sharing my experiences.

Background, I run a small company that works all over, sometimes out of country, but mostly in the midwest. We gather data for our clients which we transfer over the web via a secure server. Transferring the data is not our main business, but an integral task.

In the early days we emailed it, but emailing 10 megs, then 20 megs, then 50 megs of data became a pain, especially when you are doing it from a slow connection in Carroll, Iowa. So we came up with this secure server idea, using repository version control software to keep track of changes and ensure the data is properly backed up and complete. It works like AWESOME. Read more about Small Biz Tip - Cloud Computing

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