The Bishop and the Butterfly: Murder, Politics, and the End of the Jazz Age

Blog Posts

Michael Maiello's picture

U.S. Treasury Bites Labor at GM

According to GM's last proxy, the U.S. government still owns 32% of the company.  So it's pretty sad to see that one the eve of reporting it largest ever annual profit ($8 billion) the company is freezing pay, cutting bonuses and ending pension benefits for salaried workers. Meanwhile, CEO Daniel Akerson's has been targeted to receive cash and stock worth $9 million a year.

Topics: 
Michael Maiello's picture

The U.S. Government Does Not Believe That Homeowners Deserve Help

Two big stories in the foreclosure mess today, both of them depressing.  The first, via Atrios, was broken by Bloomberg and reveals that Fannie Mae, which owns billions worth of underwater mortgages, canceled a program where the agency, as the holder of the debt, would write down the principal due on underwater mortgages to bring them more in line with present home values because executives were

Topics: 
Michael Maiello's picture

Freedom of Religion or Freedom From Laws?

Your religion, should you choose to have one or choose to hang onto the one you were born with, is your own.  I will never take it away from you and would prefer that you not try to force it on me.  Our society, however, is not entirely your own or mine.  It is ours and we sometimes have to make rules for it.

Topics: 
Michael Maiello's picture

America's People Can't Have Jobs Because They're People

Today, in my purely masochistic Thomas Friedman reading ritual, I followed a link to a long (and well written) article called "Apple, America and a Squeezed Middle Class," that I recommend to you because of the truth that it quietly reveals:

Topics: 
Michael Maiello's picture

Fascism!

Recently, a new blogger here by the name of Iron Bolt Bruce has posted a couple of provocative pieces about the rise of fascism in America.  He's twice traced a timeline, of sorts, describing the evolution of various security legislation, ending at a proposal to strip suspected domestic terrorists of their rights of citizenship.

Topics: 
Michael Maiello's picture

Idiocy and Ratings Agencies

In August, Standard & Poor's downgraded U.S. Treasury debt, judging our political system broken enough to create some miniscule risk of default, whereas their previous rating judged our political system a smidgen competent enough to likely avoid a miniscule risk of default.

Bondholders knew that S&P was all wet and bid up the prices of Treasuries so long as stocks looked risky.  That's what happens when you're a sovereign that controls your own currency and controls a currency that the world uses as it's reserve.

Topics: 
Michael Maiello's picture

Romney and Bain

The Daily asked me to debate an able writer from the American Enterprise Institute about whether or not Mitt Romney's years at Bain Capital are worthy of our praise of criticism.  I think I was pretty even-handed here, as I really don't have it out for the private equity industry, or the finance industry in general.  I think we should have a healthy, vibrant way to help allocate resources towards people's business ventures.

Topics: 
Michael Maiello's picture

Obama's Big Chance

This week in The Daily, I wrote about the Federal Reserve's white paper urging Congress to act to make it easier to convert foreclosed homes into rental properties, in order to support the real estate markets.  I was happy to see the Fed come to this conclusion, four years too late.

Topics: 
Michael Maiello's picture

Anthropomorphic Corp. and Mitt

I see from Talking Points Memo that Mitt Romney has now rehearsed and mastered a response to questions about why he referred to corporations as "people."  Talking about some mega corporation, or even a small one, the way we talk about the neighbor next door might sound like a faux pas to us but I think that a lot of people are going to find Romney's explanation rather compelling and even convincing.

Topics: 
Michael Maiello's picture

High Anxiety Of The China Variety

If China were not the world's second largest economy and among the largest trading partners to the United States, I somehow doubt we would have friendly relations with its government which is oppressive, expansionist and, frankly, far more dangerous to world peace than many dictatorships we've toppled in the past.

Topics: 

Pages

TypeTitleAuthorRepliesLast updated
LinkRic Flair's Wife Files for Separation, Accuses Former Wrestler of Cheating AmericanDreamer312 years 2 weeks ago
Reader blogHow Democracies Work PeraclesPlease2712 years 2 weeks ago
Blog entryThe Humanities as Sugar Daddy Doctor Cleveland1512 years 3 weeks ago
Blog entryBring The Pain Michael Maiello312 years 3 weeks ago
Reader blogTips For Asperger's Orion1012 years 3 weeks ago
Blog entryThomas Friedman, Teacher's Unions and Vladimir Putin Michael Maiello1912 years 3 weeks ago
Blog entryThe Phony Equivalence of Shared Sacrifice Michael Maiello3212 years 3 weeks ago
Blog entryFiscal Cliff will bring smallpox, forced incest & insects of above-average size William K. Wolfrum512 years 3 weeks ago
Blog entryChina's Corruption Conundrum Michael Wolraich1112 years 1 month ago
Blog entryLuke, you're too damn young for this. Give your job to someone more Mature. Ramona4312 years 1 month ago
Reader blogDueling Israelis artappraiser3412 years 1 month ago
Blog entryUnskilled Workers Michael Maiello912 years 1 month ago
Reader blogEnsuring that the “Grand Bargain” is genuinely a Bargain. coatesd512 years 1 month ago
Reader blogRemembering Christopher Hitchens Orion1112 years 1 month ago
Blog entryThe Death of the Dog Whistle Doctor Cleveland1812 years 1 month ago
Blog entryMitt Romney, Unchanged Michael Maiello6712 years 1 month ago
Blog entryExcusing Petraeus Doctor Cleveland2912 years 1 month ago
Blog entryThe Obama Era Michael Maiello2412 years 1 month ago
Blog entryThe Change We Weren't Waiting For After All Michael Wolraich7812 years 1 month ago
Blog entryPhilip Roth Has Retired Michael Maiello212 years 1 month ago
Blog entryWe All Won Last Night Ramona1312 years 1 month ago
LinkDo The White (Wrong) Thing Michael Maiello012 years 1 month ago
Blog entryAbout This Nov 7th Stock Crash... Michael Maiello712 years 1 month ago
LinkMaiello's New Reuters Column: Con Ed's Dividends and Hurricane Readiness Michael Maiello012 years 1 month ago
Blog entryA Fox News Election Live-Blog? Yes, I am crazy enough to do that William K. Wolfrum612 years 1 month ago

Pages