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  1. Sober Reflections On The Sanford Saga Posted 25 Jun 2009 under 2008 Presidential, Media, Republican Clown Show, St. John McCain

    (1) In retrospect, one thing is clear about the 2008 Presidential election. It seems to have forever emboldened adulterers in the Republican party (both admitted and unadmitted) into fancying themselves as perfectly viable candidates. This is perhaps the natural result of seeing admitted serial adulterer John McCain make it all the way to the finals, and [...]

  2. Morgan Stanley And Citigroup’s Smith Barney Renounce Fat Bonuses Posted 11 Feb 2009 under Economy, Podium Spin

    There you go. All the constant criticism of huge bonuses paid by bailed-out and twice-bailed-out banks was bound to start having an impact. So Morgan Stanley and Citigroup’s Smith Barney, having seen the writing on the wall, have stepped up to the plate. They have unambiguously renounced fat bonuses. Not the concept, mind [...]

  3. The SEC And Ratings Agencies: Enabling The Market Meltdown Posted 06 Jan 2009 under Corruption, Economy

    Michael Lewis and David Einhorn had an op-ed in the NYT on Sunday that is worth reading. Their piece draws attention to two inter-related aspects of the meltdown in the financial markets. First, there is the role of the SEC: Created to protect investors from financial predators, the commission has somehow evolved into a mechanism for [...]

  4. Depends on the Definition of Facts Posted 29 Dec 2008 under Bush Man Date, Depends on the Definition of

    Until Hank Paulson came along, my favorite Bush cabinet member was undoubtedly Mrs. Mitch McConnell, Labor Secretary Elaine Chao. The manipulation of jobs and cost data during her tenure has been breathtaking, and it allowed the administration to get away with happy-talking the economy for the first seven years of their rule. In [...]

  5. Thank You, Thank You, George-You-Are Posted under Bush Man Date, Podium Spin, Rice

    Condi Rice, Ph.D., tells us: I think generations pretty soon are going to start to thank this president for what he’s done. This generation will. And since Condi is so smart, and always right, and certainly never lies to us about anything, I figured I may as well steal a march on everyone else and start my [...]

  6. Depends on the Definition of Discretion Posted 24 Sep 2008 under Depends on the Definition of, Economy, Hank Paulson

    It’s not for nothing that I’ve been tracking Hank Paulson since he was selected Treasury Secretary. He was supposed to bring “credibility” to the job, and in 2006 with the economy teetering, that was kind of important. His track record (wreckord?) has been simply atrocious, exemplified by quotes like these: “All the signs I [...]

  7. Who’s Really In Bed With Fannie and Freddie? Posted 23 Sep 2008 under 2008 Presidential, Corruption, Obama Uber Alles, St. John McCain

    In one of its more misguided moments, the McCain campaign decided to attack Obama for having close ties to former Fannie Mae officials. The basis for the attacks: — Obama had initially picked Jim Johnson, former chairman and CEO of Fannie Mae, to vet vice-presidential candidates — Former Fannie Mae chief executive Franklin Raines [...]

  8. Ain’t Bangin’ Shit but the Table Posted 17 Sep 2008 under Obama Uber Alles

    Back in January, I relayed an email exchange with a former reader/current Obama supporter, who was imploring me to “join the movement” and using the occasion of Dr. Martin Luther King Jr. Day to do it. I responded with a link to “Ultimately a genuine leader is not a searcher for consensus, but a [...]

  9. Obama Dot Com Posted 28 Aug 2008 under 2008 Presidential, Obama Uber Alles

    Since the Democratic Primary really got underway, I’ve been trying to come up with a proper analogy to apply to the Obama campaign’s methods. I guess my visceral reaction to their messaging and branding got in the way of piecing together that analogy, but after kicking it around with a couple of our readers, [...]

  10. Paid the (Opportunity) Cost to be the Boss Posted 11 Aug 2008 under 2008 Presidential, Bad Dems, Obama Uber Alles

    (James Brown – “The Boss”) Like many other Democrats, I became aware of Barack Obama during the 2004 DNC convention. I remember reading an advance copy of his speech along with the accompanying hype from various Chicago writers who were obviously big fans. I was aghast that the keynote speech, both the “coming out [...]

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