Everyone is writing about how the media’s screwing Obama to the wall over Blagojevich despite there not being anything tying the two men together other than Blagojevich calling Obama a motherfucker. [A sundry list of journalists behaving badly can be found at Media Matters' County Fair.]
Every other liberal blogger is calling this the revival of [...]
The new rules
End times just keep on endin’
From the Washington Post:
It was Wall Street’s version of an inside joke: Take a motley collection of largely unwanted assets, repackage them into a new set of bonds, and name it after the pristine white-sand beaches of an exclusive New Jersey town where Katharine Hepburn once summered.
No one is laughing now.
The Merrill Lynch bond deal [...]
Capitalism: the world’s biggest Ponzi scam
The NYTimes follows up on Bernie Madoff’s $50 billion ponzi scam. Former NASDAQ head Madoff has demonstrated not just the moronic nature of letting the markets self-police themselves, but also the folly of letting private charities guide our collective philanthropy. Not only do they hold our charity dollars hostage to the whims of the rich [...]
Kazeminy money tied to Coleman home renovations
Due to Republicans murdering Detroit, I gave short shrift to Bernie Madoff this morning. John Cole has more on the man who just made $50 billion vanish, and Eric Lotke has more on our prison nation.
These things are not unrelated. Wall Street scam artists steal our pensions and scrape off all the profits created by [...]
Republicans tell workers to fuck off
Bitchez,
It has come to our attention that many of you are whining about your wages again. Just be glad you have a job, unlike the poor retired sods whose pensions we just looted.
Sincerely,
The Hon. Richard Shelby & the rest of the Republican Senate Caucus
Links:
Senate tells autoworkers to fuck off
Olbermann on the bailout rejection
Jane Hamsher on [...]
Norman Coleman’s wife’s money — questions, but no answers
TPM Muckraker has an actual update to the Norman “Really, I have no idea how my wife earns her ‘mad’ money” Coleman – Nasser “I buy suits for cuties” Kazeminy scandal.
David Brauer picks up on reports that the FBI is asking questions in Texas. Well, OK , he didn’t really pick up on anything, he [...]
