Department of You Can't Buff a Turd
An old saying from the Navy...
[UPDATE: Krugman: "The zombie ideas have won"; Yves: "A lot of bells and whistles to finesse the fact that the government will wind up paying well above market for crappy paper"; CR: "A direct subsidy from the taxpayers to the banks"; Dean Baker: Read more about Treasury floats trial balloon on plan to deal with toxic assets
We thought we had an idea of how evil the Bush regime was. We thought the "you've covered your ass" line from the Slacker in Chief and the WMD hysteria from Colin Powell and the "go to war with the Army you have" smart-off from Rumsfeld showed us what kind of cretinous monsters with which we had to contend.
We were wrong. Read more about Evil, Even More Than We Thought
Bobby Jindal repeated the Reagan line word for word, and now it's nihilism? I seriously do not understand the Conservative mindset.
"I don't think it's even a close call - this vile New York Post cartoon is racist and deplorable, as is the fact that the Post's alleged editors thought it was OK to print and are defending that decision instead of abjectly apologizing."
I don't know about you, but Tim Geithner's restored my confidence, like, totally. Izvestia:
Administration officials committed to flood the financial system with as much as $2.5 trillion — $350 billion of that coming from the bailout fund and the rest from private investors and the Federal Reserve, making use of its ability to print money. ...
Another centerpiece of the plan would stretch the last $350 billion that the Treasury has for the bailout by relying on the Federal Reserve’s ability to create money, in effect, out of thin air.
Money from thin air. Wow. One question: Read more about Did I miss the memo on where the last two trillion went?
And ponies. And oatmeal raisin cookies. And sunsets. And walks on the beach.
But can anybody give me just one single example of where "changing the tone" in Washington did anything other than make life a little more pleasant for Villagers waiting in line together for their cocktail wienies?
The New Deal? Not. Civil Rights? Not. Medicare/Medicaid? Not.
In fact, I'd argue that the reverse is true -- It's when all official Washington agrees on something that they drive the country into a ditch. Iraq? Done by consensus (thanks, Tom Daschle!) Patriot Act? Ditto. Bush tax cuts for the rich? Ditto. NCLB? Ditto. Heck, Viet Nam. And on and on and on. Read more about "Changing the tone in Washington"? Sure, I love kittens
If we're going to nationalize the banks, isn't that the right way to do it? Why shouldn't paying your mortgage, or your auto loan, or your student loan, be exactly like paying your light bill? None of those businesses should be hard, and none of them demand "complex," "innovative," "financial instruments," and they certainly don't require testesterone-driven Merry Banksters sucking enormous bonuses off the company tit. So cut the parasites out of the business and get back to basics. Read more about Why not make the banks into regulated public utilities?
Ran across this tripe in my perusal of the larger Web, and want some help writing, in outrage, to the various places it's been spewed. Read more about Mark Steyn: Objectively Pro-STD, anti-Poor People
Gosh, I'm actually glad I found this. I should thank the author for being so blunt; I've read plenty much like this, however variously coded in softer, gentler misogyny:
Read more about Why Should Slutty Bitches Get Jobs, Anyway? They'll Just Quit Later and Have Babies
Please read the letter attachment. Apparently, there are 17 "guests" there which all parties (even the Bush admin) agree should be released. Read more about "One Year Gitmo" Apologists, Please Read
Goddess, there are so many good blogs out there and so Little Time (for me at least, today!) Check out this post, and stay a while to read some of the others there. Bottom line: all that crap we've been hearing about "billions and billions" for transportation-related stimulus and development? Not even enough to bring our transportation reality back to where it once was when almost-properly funded (live links at original):
Read more about Transportation Stimulus You Can't Believe In