A Village Called Versailles
Permit me a moment of total frivolity.
Up to now all of Versailles has been united in marginalizing Glenn Greenwald. Up to now.
President Obama will headline his first Democratic fundraiser of the 2014 election cycle at an event next month in San Francisco with House Minority Leader Nancy Pelosi (D-Calif).
While on average DC drinks a modest 16.6 alcoholic drinks a month, 20.1% of our population are classified as binge drinkers.
Obama is not stupid. He knows that a pay raise at this time, under these circumstances, will inspire contempt on the part of the public. Popular contempt for Congress serves his interests. Read below the fold...
I woke up Sunday AM and by habit, tuned in to CBS news radio. The dulcet tones of news guy Harley Carnes related how radioactive bluefish tuna swam all the way from Japan to our west coast. And then he told us not to worry; the fish were perfectly OK to eat since the added radioactivity was only 2% of what occurs naturally.
You first, Harley.
I tried to find a verifying transcript, but all I could locate was this thread comment on an obscure site:
but harley carnes on kcbs said it was ok to eat, according to the "official"
If you listen closely, you can hear an elite "Haw haw haw!!" from Versailles. Read below the fold...
The banks would receive less credit if they reduce balances for loans packaged in bonds or by reducing monthly payments through cuts in borrowers’ interest rates. In one scenario, the banks would get about 50 cents of credit for every $1 of reduced mortgage principal in home loans used to back bonds. In another scenario, balances on loans held on the banks’ books that are cut in the first year of the deal would receive $1.25 credit. This means, under certain circumstances, the aid to homeowners would be less than the aggregate size of the settlement, people familiar with the matter said.Read below the fold...
Democrats on the Super Committee are offering a $2.3 trillion tax-and-cut proposal “that includes $400 billion in Medicare and Medicaid reductions,” but only if Republicans compromise by putting new tax revenues on the table, Politico reports.Read below the fold...
The Washington Post article uses GE as a case study to discuss the almost 100 registered lobbyists who are former employees of super committee members and are now "representing defense companies, health-care conglomerates, Wall Street banks and others with a vested interest in the outcome of the panel's work