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vastleft's picture

11-dimensional chess of the future: What if Obama pardons Bush?

The DU community is already working out why it would be an act of genius. Read below the fold...

Bankster of the Day

Bloomberg:

As the sun streamed through the glass ceiling of London’s 40-story “Gherkin” tower in May 2007, Thomas Jasper raised his champagne glass.

Almost 25 years after the former Salomon Brothers Inc. banker transformed the derivatives market into a trillion-dollar industry, his latest venture, Primus Guaranty Ltd., was poised to make unprecedented profits.

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vastleft's picture

Krugman optimistic on health care reform

"Getting over it" in Thailand

Not:

Thailand's Prime Minister Abhisit Vejjajiva has lifted a two-week-old state of emergency in and around the country's capital, Bangkok.

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danps's picture

Investigate Torture - After The Deluge

No Associated Press content was harmed in the writing of this post Read below the fold...

The lying will continue until confidence improves

Shorter Yves.

However -- and I hope this is cynical enough; I do try -- the whole point of the stress tests is that they are a lie. The whole point is to lie, have everyone know it's a lie, and get away with it; the worst kind of power trip imaginable. Read below the fold...

Bees make honey -- finally

DCblogger's picture

The murky realm of MERS

Tags: 

Tracking Loans Through a Firm That Holds Millions

MERS, a tiny data-management company, claimed the right to foreclose, but would not explain how it came to possess the mortgage notes originally issued by banks. Judge Logan summoned a MERS lawyer to the Pinellas County courthouse and insisted that that fundamental question be answered before he permitted the drastic step of seizing someone’s home.

“You don’t think that’s reasonable?” the judge asked.

Read below the fold...

I heart BTD

"I stomp for the truth.".

Indeed. You might build a "progressive" "movement" on truthiness and lies, but you can't build a left, or even a liberal movement that way. Lies are extremely expensive to propagate and maintain. In fact, it can take an entire "creative" [cough] "class" to do so -- especially if we include the Wall Street quants and hedge fund managers in there, as I think we must. But we can't afford the lies -- in any sense. Read below the fold...

C-,D-,E- and Z-listers! Help Dr. Jess's single payer ad go viral!

The YouTube:

And -- this is important! -- please link to the fundraiser. Read below the fold...

The scum also rises

(As Hunter Thompson once wrote.) Scott Horton (go read), after reviewing the OLC memoranda, then a newly declassified report of the Senate Armed Services Committee, and finally an amazing document that Attorney General Eric Holder released yesterday, which has still gained little attention, writes:

The central role played by Rice and Bellinger helps explain the State Department’s abrupt about-face on international law issues related to torture immediately after Rice became Secretary of State and Bellinger became Legal Adviser. [The Holder document] also makes clear that Vice President Cheney and President Bush were fully informed of what has happened and approved.

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Bill Moyers' Journal tonight--Simon Johnson and Michael Perino, author of new book on Pecora Commission, for the hour

Michael Perino, the author, seems less audacious than Simon (or Krugman or Stiglitz). This is a comment which sort of grew into live blogging of the discussion, but, fortunately, Moyers will have an excellent transcript up soon and the video is available at his site.

While this financial failure has it's own peculiarities, it's still very much the same old/same old.

Perino, the author of the book, is saying there's a danger of going overboard, that just recently the questions have changed from "what went wrong" to "who caused this." Moyers pushed back on that, saying aren't both important. Read below the fold...

Cassandra

In the Age of the Anti-Cassandra.

I know, Susie, I know. Confession is good for the soul. How about confessing that you were prematurely correct? Read below the fold...

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