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This is the most important video we've ever published. Post it all over the internet. Email it to everyone you've ever met. Use your imagination.
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Thursday, September 2, 2010 at 1:34PMNY Mayor Bloomberg Floated As Geithner Replacement
The New York Post reports this morning that the White House is considering billionaire New York Mayor Michael Bloomberg for Tim Geithner's spot as Treasury Secretary when Geithner leaves for Goldman Sachs in November, after Obama has his ass handed to him in the mid-term elections.
Actually, that was just my prediction. The Post story actually claims that Obama is considering sacking Geithner before Novemeber, in a last-ditch effort to sway voters before Obama has his ass handed to him in the mid-term elections.
KC Fed President Thomas Hoenig -- Complete Interview With CNBC's Steve Liesman (Jackson Hole Video)
I'm not just pimping out Becky Quick. This is an actual screenshot from the Hoenig video.
Excellent interview from last week. I've got the full 8-minute clip, a 1-minute excerpt, the transcript, a summary, an interesting lnk on 'Fed Group Think' at Jackson Hole, plus a selected Hoenig archive. It's a solid collection.
You already know the story on Hoenig. He's the lone voice of QE dissent at the Fed, preferring tighter money over the Bernanke helicopter.
VOTE THEM ALL OUT: Anti-Incumbent, Anti-Spending, Anti-Bailout Express Keeps On Rolling
Meet future Alaska Senator Joe Miller.
- "He pulled off the upset victory of the year because he ran on principles and because Alaskans, like all Americans, want to stop the massive spending, bailouts and debt that are bankrupting our country," said DeMint.
DailyBail
Christina Romer's Final Speech: Defending A Failed Stimulus (Today @ National Press Club, Video & Transcript)
Hold it. I know what you're thinking -- that her smile could warm the economy all by itself. Yeah, uh-huh. Video, transcript, links and background are inside.
WATCH LIVE: Financial Crisis Hearings (Wachovia's Robert Steel, Lehman's Dick Fuld Both Testifying)
Some background, live video of the hearings and prepared statements from the guilty.
Roubini: Bernanke's QE Fantasy Will Fail, Double-Dip Odds Now 50% (CNBC VIDEO)
Video: Dr. Nouriel Roubini on Squawk Box -- Aired Aug. 26, 2010
Outstanding interview. This is lucid Nouriel. He predicts Q3 GDP of ZERO. And says Bernanke has no options and that QE v. 2.0 will fail. No shit, Sherlock. Quotes inside.
And for the record, the recession never ended.
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Fort Knox Receives Just $85 From Cash4Gold, Ron Paul 'Not Surprised,' Calls For Audit (ONION)
Amusing clip. Runs 45 seconds. Ron Paul story on auditing Fort Knox also inside.
ProPublica Bailout Tracker (Down To The Last Dollar)
Another excellent infographic, this time from ProPublica. Every company, every bank, every amount, every payback. Of course, none of the stealth bailouts are tracked -- FDIC debt guarantees, discount-window access, TALF, PPIP, 0% Fed-Funds.
CHART: FDIC WATCH LIST: 829 problematic banks in Q2 (Now More Than 1 In 10 U.S. Banks In Trouble)
More inside including reaction from Calculated Risk.
SNL Presidential Mockery: Hu Jintao Asks Obama "Why You Not Kiss Me Before You Do Sex To Me" (MUST SEE)
Newer stories are below.
SNL must have done a repeat of this episode last night, because I'm getting a ton of google search traffic this morning looking for this skit. Seems like a good time to move this story back to the front page. This is quite funny. Watch the entire thing.
- "You are not allowed to pay us back in clunkers."
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