Michael Wolraich's picture

    George Bush on the mortgage crisis: "How did we get here?"

    It was Sept. 18. Lehman Brothers had just gone belly-up, overwhelmed by toxic mortgages. Bank of America had swallowed Merrill Lynch in a hastily arranged sale. Two days earlier, Mr. Bush had agreed to pump $85 billion into the failing insurance giant American International Group. The president listened as Ben S. Bernanke, chairman of the Federal Reserve, laid out the latest terrifying news: The credit markets, gripped by panic, had frozen overnight, and banks were refusing to lend money. Then his Treasury secretary, Henry M.

    Michael Wolraich's picture

    Sledgehammer Politics in South Korea

    Ah Democracy...freely elected legislators dutifully fulfilling the will of the people by blockading themselves in a locked room while the honorable opposition attempts to dutifully fulfill the will of the rest of the people by breaking down the door with a sledgehammer and other sundry power tools. Full video after the jump.

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    Orlando's picture

    Rick Warren: It's only a prayer, for the love of God

    Dear fellow Liberals,

    Listen up.

    Obama's decision to ask Rick Warren to give the invocation at the inauguration is not a slap in the face. It's not a betrayal. It's not an indication that Obama is a secret conservative who is going to force you to have babies with a non-same-sex partner.

    It's a freaking prayer.

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    Greek Riots

    Police CarsLast Saturday I got a call from my parents in Athens.  It was around seven o'clock here in Pittsburgh, so it must have been around two in the morning for them.  They were calling on their cell-phone.  They were trapped by riots in a tavern in downtown Athens.  But they were not frightened.  In fact, they sounded excited, and they held the cell-phone up for me, so that I could hear the chanting of protesters and the

    DF's picture

    Eliot Spitzer: John or Patsy?

    There's this interesting theory floating around over at Crooks and Liars: Eliot Spitzer was investigating Madoff.  While the initial evidence offered up is pretty thin, to the tune of some anonymous comments made on an investment forum a couple of years ago, there's also this piece by Greg Palast and this one from Project Censored

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    DF's picture

    You Dirty Rat: Jesse Jackson Jr. Informed FBI of Blago's Gambit

    It's hitting the headlines from the WaPo to the HuffPo.  In a terribly fun twist, Jesse Jackson Jr.

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    Prophet's picture

    Prophesy Served Up By SNL

    I've been trying for years now to track down the video of the hypothetical 'State of the Union' done by Will Farrell on the eve of the 2000 election, but the best I could ever come up with was a transcript.  If you remember, Darrell Hammond also did one where Gore went over homework that he had given out to the different States while sitting in front of a supercomputer.

    I suppose now that it's almost all over, NBC finally feels that it's safe to unearth this eerie piece of prophesy that aired on November 3rd, 2000.

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    Michael Wolraich's picture

    Governor Blagojevich, I Salute You

    The mob has gathered round the house of Governor Rod Blagojevich, waving their virtual pitchforks and shrieking for justice. Our own Deadman has even called him "ugly." Shame on him. Governor Blagojevich may not be married to a hot Star Trek actress, but he's a fine looking man, if a bit jowly. And no one is fooled by Aman's crocodile tears; we know that he yearns to return to his hometown and claim the office of Governor for himself. (When asked who would replace Blagojevich as Governor, he innocently shrugged in mock ignorance.)

    Michael Wolraich's picture

    More fun with cardboard: Obama speechwriter Jon Favreau gropes cardboard Clinton

    Cardboard strikes again: Jon Favreau has been busted for a facebook photo in which he was caught groping a cardboard cutout of Hillary Clinton. Now I can understand the allure of two-dimensional women. In college, my (coed) roommates kept a cut-out of a model stroking a massive six-foot bottle of beer in our common room.

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    Michael Wolraich's picture

    The State of the Day is Estrogenic

    Caroline Kennedy is considering pursuing Hillary Clinton's vacant Senate seat according to a cousin, who surely spoke of his own volition and not as part of any political PR strategy. Kennedy may face some stiff competition for the post though, as dagblogger Mortimus is considering changing his screen name to Mortimus Kennedy Jr. and appropriating Orlando's womanly avatar, according to his cousin. Question for the audience: Do you know of any female "Juniors?" Why don't women give their daughters their own names?

    Michael Wolraich's picture

    Everything You Ever Wanted to Know About Canadian Prorogation But Were Afraid To Ask

    Prime Minister Stephen Harper prorogued Canada's Parliament yesterday. Proroguing is not to be confused with pierogieing, a Polish sport in which competitors pelt each other with cheese-filled dumplings.

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    Michael Wolraich's picture

    In rare victory, our folks defeat other folks

    In a victory for our folks, Saxby Chambliss won the Georgia runoff. Thank goodness. Our folks took a beating on Nov. 4th as the other folks voted for one of their own. A few years ago, the idea that one of the other folks could become president was unthinkable.

    Michael Wolraich's picture

    Change What?

    Back in the primary, pundits and critics wondered how Obama could deliver change while keeping his promise of bipartisanship, for the Republicans would surely block progressive initiatives. As Obama selects experienced insiders for his administration, pundits and critics now wonder how he can deliver change with a staff whose ideas have shaped past administrative policies. Some assume that Obama will not try or will not be able to fulfill his promises of change. Others assume that to Obama, "change" is an empty word, useful for getting elected but irrelevant to his governing plans.

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