"So to put things right, he has a compromise, market-based solution. Don't seize the bonuses via a one-off excise tax. Instead, pay them in the amounts contractually-mandated, and use normal tax treatment. But pay them in stock, and allocate shares on the basis of the average AIG share price in 2008: $27.57.Read below the fold...
The msnbc.com home page offers an assortment of administration spin on Big Give unaccountability:
The buck stops here, there, everywhere, and nowhere — whichever you'd prefer.
And as of this snapshot, Dodd has lobbed the ball back into Obama's court, where Glenn, Jane, and others say it belongs. Stay tuned for the next exciting episode of Pass the Buck! Read below the fold...
"If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State." -- Joseph GoebbelsRead below the fold...
Oh, actually, I guess I'm somehow wrong on that. Their regular staff put out these couple paragraphs of gossipy spin and the headline is sure to be sensational.
Well yes he is, if you're unable to read. The mismatch between the storyline and the full quote in paragraph 6 is purely due to the writer fantasizing that he's gotten, ulp, a scoop! Stop the presses!
At my high school, there was a quote from a member of the student council to the effect that he was voting without consulting his constituents! Egad! Not mentioned in the story is that that's his role as student representative. Oh, right.
Today, we have this from Politico: Read below the fold...
I saw this news article about troops "policing" in Alabama. didn't these folk get the memo that posse comitatus is dead? The Military Comissions Act is now in force.
“On March 10, after a report of an apparent mass murder in Samson, Ala., 22 military police soldiers from Fort Rucker, Ala., along with the provost marshal, were sent to the city of Samson,” Harvey Perritt, spokesman for the U.S. Army Training and Doctrine Command (TRADOC) at Fort Monroe, Va., told CNSNews.com on Monday. LinkRead below the fold...
"As we get out of this crisis, as we work towards getting ourselves out of recession, I hope that Wall Street and the marketplace don't think that we can return to business as usual," this afternoon said Obama. "We have to move beyond a constant bubble bust mentality.
I agree 100% -- no more bubbles!*
But "No Bubbles" is Phase 3.
We're in Phase 1 now. Read below the fold...
Well, I solved a mystery today. I thought this song was perhaps a Euro disc by Marty Robbins. Turns out it's another favorite singer of mine, C.W. McCall:
Night Hawk lyrics
We'd worked ourselves senseless
Been bustin' down fences
Drivin' dry cattle, no water in sight
As we sat 'round the fire
And cursed the barbed wire
A stranger broke into our light
Not knowin' no better
Some fool went for leather
But a whispered "I wouldn't"
Put an end to the fight
Then he said, "I'm for hire.
"You need a rider.
"And I don't mind ridin' at night."
Go light on the Night Hawk
He don't smile, he don't talk
To strangers, and seldom to friends
And you'll do well to listen
When he asks you to leave him alone
He won't ask you again
Though the man is a myst'ry Read below the fold...