Carrots for banks, sticks for autos – Politico (3/30/09):
“The likelihood of failure here is too high to invest any more political or financial capital at the moment,” said a Democratic official close to the White House. “For all the negative aspects of structured bankruptcy [a likely outcome for GM], it doesn’t necessarily collapse the domestic [...]
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Why all the fuss about the unequal treatment of GM CEO Rick Wagoner and, say, Vikram Pandit of Shittygroup? Didn’t we always know that all CEOs are equal but some CEOs are more equal than others? Which pigs was George Orwell writing about if not the proverbial capitalist pigs?
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The thoroughly inestimable Charles Krauthammer — [...]
G.M. Chief Is Said to Be Resigning in Deal With U.S. – New York Times (3/29/09):
The chairman and chief executive of General Motors, Rick Wagoner, is resigning, just hours before President Obama was expected to unveil his rescue plans for G.M. and the ailing American auto industry, a person close to the decision said Sunday.
Mr. [...]
President Obama may have managed to identify our core weakness when it comes to the wars in Iraq and Afghanistan. We are simply not “effective fighters” with “great credibility”, unlike the Afghan National Army, for instance, which is both of the above:
That’s been one of the few success stories we’ve seen over the last [...]
Paulson’s Next Stop: Johns Hopkins Washington Post (1/16/09):
Treasury Secretary Henry M. Paulson Jr. said yesterday that he has decided to take a position at Johns Hopkins University’s School of Advanced International Studies after he leaves the Treasury Department.
His exact title has yet to be worked out, said a spokeswoman for the school in downtown Washington.
In [...]
Palin’s prayer remark angers former staffers – CNN (3/26/09):
Some of Sarah Palin’s former campaign aides are frustrated with the Alaska governor for remarking in a lengthy, freewheeling speech that she had refused to pray with them before last October’s vice presidential debate.
Palin told the story in a speech to a GOP dinner in Alaska last [...]
Elana Schor at TPMDC produced a post yesterday titled “Wall Street Traders Send Frustrated, Typo-Riddled Letter to Congress“.
She takes the Security Traders Association of New York (STANY) to task for the thorough unprofessionalism evident in their multiple typos:
The letter contains at least 10 grammatical errors, according to my informal count — including the spelling [...]
In the days when George Bush’s economy was growing, the distinguishing mark of that growth was widening income inequality—the rich got richer while the middle class got hammered. In February 2007, a McClatchy Newspapers analysis of the economy found that the median household income of working-age families, adjusted for inflation, had fallen for five [...]
Pretty awesome, it seems:
Civil liberties advocates are accusing the Obama administration of forsaking campaign rhetoric and adopting the same expansive arguments that his predecessor used to cloak some of the most sensitive intelligence-gathering programs of the Bush White House.
The first signs have come just weeks into the new administration, in a case filed by an [...]
The next time you’re trying to catch a flight, and you miss it for whatever reason, you’ll be happy to know that it’s perfectly okay to vent your frustration by opening the security gate door. You’re even allowed to open the door before or after yelling “Do you know who I am?” As long [...]
