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How the banksters looted your 401(k): "It's all about the fees, baby!"

Maybe I should buy a TV after all. CBS:

"The three-legged stool [of Social Security, retirement plans, and 401(k)], if you will, has gone to two legs and it's wobbly. And it's wobbling, and I'm not sure that it's gonna support anything. And that's the scary part and people are afraid," Brooks Hamilton, who has helped design retirement plans for some of the country's largest corporations, told [CBS correspondent Steve] Kroft.

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OK, now I feel bad

The Shrill One's absence from the fray was "partly medical."

I will therefore suspend Day #__ Of The "Why Won't Krugman Post on Bill Black" Watch -- temporarily. Read below the fold...

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Naming contest at Yahoo News Blog

Win an iPod Shuffle.

I like the Yahoo News site; it's got some editorial flavor, unlike Google's. So, even if they are only aggregators, at least there's some value add! Plus, we get hits from them (which is kind of amazing, a C list blog like ours...) One sharecropper to another... Read below the fold...

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Sunday Night Rational Marijuana Policy Lo-Fi Blogging

In honor of the High Holy Daze....

I love the closing guitar solo on that track. It's so... slack. Read below the fold...

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William Greider explains how to make them do it

Notes from a book-signing over at Campaign for America's Future:

Greider said that progressives should respond to those southern Blue Dogs and other conservatives by telling the party, "We are going to their districts and talk about what they’re for and what they’re against. Are they for whacking Social Security or aren’t they? Let’s put it on the table. Let’s have an honest debate about that. If that makes people nervous, that's good."

“Yes, I am for putting candidates into selected districts who themselves have no great prospects for winning, but who may very well destabilize that safe seat for an incumbent. I’m for that," he went on to say. "And if that leads sooner or later to Democrats losing their majority control, yes, that’s a real threat. And think about it, Democrats. If you want to do something about it, you can. If you don’t, we are going to try to destabilize your comfort.” Read below the fold...

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Times: Impeach #Bybee

Better late than never:

These memos make it clear that Mr. Bybee is unfit for a job that requires legal judgment and a respect for the Constitution. Congress should impeach him. And if the administration will not conduct a thorough investigation of these issues, then Congress has a constitutional duty to hold the executive branch accountable. If that means putting Donald Rumsfeld and Alberto Gonzales on the stand, even Dick Cheney, we are sure Americans can handle it.

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What digby said

Impeach Bybee:

It is unlikely that Bybee would be removed because there are a minimum of 34 bloodthirsty, pro-torture Senators in the congress. And perhaps the man is so rigid that nothing could ever make him resign, not even the disgust of his peers and shunning by decent people everywhere. But he should be impeached anyway, if only so that the Judiciary Committee can publicly consider this outrageous notion that obscure Justice Department lawyers can indemnify agents of the government from illegal activities by issuing a badly reasoned, secret memo.

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The counterargument on accountability

Well-stated, though I'm not sure I agree: Read below the fold...

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WellPoint health insurance parasites offer $10 million dollar prize to save their failing, deadly business model

Because, ya know, the market is always the best -- and a business model of denying care for profit can always be fixed by tinkering round the edges! Fast Company (remember them? From the dot-com bubble?): Read below the fold...

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OpenID log in enabled

Let's try it! If you have an OpenID, you can now log in to Corrente. If the discourse deteriorates... Then we'll rethink. Read below the fold...

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Volcker, outside the tent, pisses in

Since the Economic Recovery Board Obama asked Paul Volcker to head in early February that has yet to meet, Volcker's attending conferences and shooting his mouth off:

Former Federal Reserve Chairman Paul Volcker said Congress will probably review the authority granted to the Fed following emergency credit programs doubling the central bank’s balance sheet to $2.19 trillion.

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Media critique

Another page for the Big Shitstorm, the Obama administration section. Read below the fold...

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Day 2 of the "Why Won't #Krugman Post On Bill Black?" Watch

From Krugman's home page at the Times:

day_1_krugman

Just sayin.

Hey, I'd settle for a Pecora commission endorsement! Read below the fold...

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"Get over it" translated into Thai?

Tags: 

I think; it doesn't do, to project too much. Alongkorn Parivudhiphong in The Bangkok Post

Finally it came to an end ... I am talking about hit series Sab Poo Saa (Cursed Apparel), which concluded last Wednesday. The talk of the town since its debut in February, the series revolves around a string of vendettas of a female ghost and her obsessions with unrequited loves from her last life.

[T]he last episode - fraught with fears and tears - gave me the "eureka" moment, when I started to see some similarities between this popular soap and the political situation.

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