Wolraich: Obama at the Gates of... Gates
Dr. C: In Praise of Writing Binges
Maiello: Gatsby Doesn't Grate
Bernie Sanders forced the Fed to release this information, which apparently was only produced after lawsuits by news organizations, Sanders website:
It's not a conviction of BP, Transocean or Halliburton; none of the companies has even been indicted in the Macondo/Deepwater Horizon oil blowout that killed 11 workers, spilled a gazillion barrels of oil killing untold numbers of marine life and coating miles of coastline with oil and dead animals. Reports have noted numerous cost-cutting shortcuts that BP and its contractors made which led to the disaster, but intentionally cutting corners and dismissing safe operating procedures, and thereby killing people and ruining the environment is just business as usual in the oil business. BP has been fined, but no one now seems to have any prospect of going to jail.
Republican Russell Pearce, Arizona Senate President, author of Arizona Law 1070 on 'enforcing the law' on immigrants, has a little problem with his own son breaking the law. The guy who thinks he has the solution to illegal immigration, can't keep his criminal son out of trouble. Well, what else does one expect from Republicans but hypocrisy? They are ready to run your life and they have all the ideas on how to 'fix' the country, but they can't competently run their family. [Read more]
The touchy subject of the triumphant return of Moqtada al-Sadr, a radical anti-American Mullah, to Iraq from his four year sojourn in Iran was handled differently in headlines:
The New York Times had a positive spin: Iraqi Cleric Embraces State in Comeback Speech
AOL News less exuberant: Back in Iraq, Cleric Muqtada al-Sadr Declares 'We Reject America'
....at the big banks, hedge funds and Wall Street. Homeowners, non-profits, and religious institutions overdue taxes are being sold as tax liens by state and local governments, and bundled by big banks like Bank of America, and hedge funds like Fortress Investment Group. [Read more]
President Obama nominated Peter Orszag to be his Director of Management and Budget in November, 2008, where he served a year and a half and resigned the position in July 2010. His new position at Citibank may pay $2-3 million according to bankers familiar with similar positions. Orszag joins a former Bush cabinet appointee at Citibank. [Read more]
No this is not from The Onion. Its from Fox News.
Is Goldberg's contract coming up with Rupert Murdoch or does he emit worshipful blather about how heroic and wonderful rich people like Rupert Murdoch are all the time? [Read more]
Anyone who watched the spectacle of hate at the NBA game last night in Cleveland might decide the town could win the prize for the most bitter, angry and low life fans anywhere in the nation, including Philly. Raucous, rude, angry fans and mobs of police were present as hometown boy LeBron James returned for the first time with his new team, the Miami Heat. James grew up in Ohio, skipped college, and went directly to the NBA to play for the Cavaliers for seven years before moving to the NBA's Miami Heat this summer. [Read more]
McClatchy is reporting that the Fed has proposed changing a key rule having to do with the the TILA (Truth in Lending Act of 1968). This rule currently allows a homeowner who can prove that they were not given proper disclosure on their loan up to 3 years to cancel the loan. Current law says in such a case, the lien on the home must be removed so the homeowner can use the home to get a new mortgage to pay off the first. [Read more]
Millionaire and billionaire Dagbloggers take note: if you die before Dec. 31st, 2010, as Cynthia Lummis (R-Wyoming) claims some of her constituents may do to avoid taxes, you can RIP knowing Uncle Sam did not get one cent of your hard earned fortunes, your designated heirs got it all. For the rich not dying this year an estate tax calculator may help determine your obligation under the most recent estate tax rate in 2009 law. While the long term unemployed lose their benefits, while the two wars started by George W. [Read more]