Banks are chafing under Federal bailout terms, according to today's New York Times. Fearing that they will be forced to sell off toxic assets and curtail executive compensation, some banks are trying to return bailout money. But there's a catch. In order to receive the bailout loans, the banks had to grant the Federal Government stock warrants. The warrants give the Federal Government the option to buy stock in the company at a specified price.

Happy Earth Hour, everyone! In a gesture of appreciation for our beautiful planet, which if all goes according to plan will slowly simmer to death sometime this century, dagblog is joining the stampede of environmentally concerned municipalities and other organizations turning the lights off major landmarks for one hour this evening.

No, I am not referring to bankers. I'm speaking of the International Criminal Court's indictment of Sudanese President Omar Hassan al-Bashir on war crimes charges. Bashir is a force of evil in the world. His leadership has directly contributed to the suffering, murder, and genocide of millions. He deserves the most severe penalties we can in good conscience apply.

As the U.S. sinks deeper into recession and China gorges itself on ever greater quantities of American debt, you will start to hear about the "Chinese model" and the end of American hegemony. Yet China remains tethered by a stiff leash which will ultimately choke the charging tiger once it runs out slack: its government.