Submitted by lambert on Tue, 10/07/2008 - 7:00pm
Submitted by lambert on Tue, 10/07/2008 - 6:55pm
House Oversight Committee Chairman Henry Waxman, D-Calif., unveiled documents showing AIG executives hid the full extent of the firm's risky financial products from auditors, both outside and inside the firm, as losses mounted. Read below the fold...
Submitted by lambert on Tue, 10/07/2008 - 6:30pm
I'd like to watch, but then I do need to clean my kitchen floor....
On the other hand, I'd hate to miss anything:
Like McCain suddenly sprouting bat wings.
Or the Spirit, like a dove descending (John 1:32), alighting on Obama's shoulder.
You never know! Read below the fold...
Submitted by lambert on Tue, 10/07/2008 - 4:26pm
As Obama likes to call it. Because if a downturn happens when you want to retire, what do you do? Assuming thieving brokers haven't eaten your money, of course. AP: Read below the fold...
Submitted by Caro on Tue, 10/07/2008 - 3:03pm
Submitted by gqmartinez on Tue, 10/07/2008 - 2:02pm
If Hillary Clinton or Sarah Palin have ties to some scary people you should be afraid, very afraid. You need to parse every word they have ever uttered to ensure that they are not using dog whistles. You need to monitor evangelicals for words of praise for either Hillary or Sarah, because if a scary person says something nice about either of them it is proof--proof!--that those two scary women want to incorporate a dangerous religious doctrine into the public sphere. Read below the fold...
Submitted by dogemperor on Tue, 10/07/2008 - 1:17pm
Submitted by DCblogger on Tue, 10/07/2008 - 12:41pm
Submitted by lambert on Tue, 10/07/2008 - 10:45am
In massive amounts. See also Bloomberg:
The Federal Reserve will create a special fund to purchase U.S. commercial paper after the credit crunch threatened to cut off a key source of funding for corporations. Read below the fold...
Submitted by lambert on Tue, 10/07/2008 - 9:56am
Now studies are finding that the insults can have health consequences, especially if people mutely accept the attitudes behind them, said Becca Levy, an associate professor of epidemiology and psychology at Yale University, who studies the health effects of such messages on elderly people. Read below the fold...
Submitted by dr sardonicus on Tue, 10/07/2008 - 9:29am
As you all undoubtedly know, they're having a big debate in town tonight. It's mostly a closed affair. They didn't invite me, nor anyone else out of the one million residents of the greater Nashville area save for a handful of "uncommitted voters". Read below the fold...
Submitted by vastleft on Tue, 10/07/2008 - 9:26am
(Posted here in comments).
What's the old saw about locking the barn door after the horse is gone?
Look, he's got the gig. He won it fair and square, with a corporatist, neo-liberal agenda (sans the "liberal" part) and rhetoric that constantly throws progressives under the bus and gives wide berth to Reagan's "party of ideas." He gamed the caucuses, the superdelegates, the rules committee, and -- lest we forget -- what used to be the progressive blogosphere. And he demonized his intraparty opponent, trivializing the vital issue of race in the bargain (and leveraging misogyny and Drudgian talking points). A progressive hero like that comes only once in a generation, so why quibble? Read below the fold...
Submitted by lambert on Tue, 10/07/2008 - 9:04am
Submitted by lambert on Tue, 10/07/2008 - 8:48am
Froomkin -- who I read a lot less than I should, simply because I already know that things are worse than I could possibly imagine -- has a fine summary on that little turd Bush's role in turning the credit crunch into a credit crisis:
It's too early to say how much success President Bush's $700 billion bailout will have in restoring stability to the financial markets. (So far, not so good.) Read below the fold...
Submitted by lambert on Tue, 10/07/2008 - 8:32am