Tuesday
Jul132010
DEM Loses Cool At Constituent (VIDEO)
Video: Rep. Ciro Rodriguez from Texas -- July 12. 2010
Decent clip if you enjoy live confrontation. More health care CBO mud wrestling.
Entries by DailyBail (6219)
Jul 13, 2010 at 1:43 PM
Tuesday
Jul132010
Tuesday
Jul132010
Tuesday
Jul132010
Crisis Awaits World’s Banks as Trillions Come Due
“There is a cliff we are racing toward — it’s huge,” said Richard Barwell, an economist at and formerly a senior economist at the Bank of England, Britain’s central bank. “No one seems to be talking about it that much.” But, he added, “it’s of first-order importance for lending and output.”
Monday
Jul122010
Monday
Jul122010
Richmond Fed President Jeffrey Lacker on the $2.25 Trillion QE Monetary Fail
Video: Dow Jones' Meena Thiruvengadam with Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, on monetary policy, economy -- July 9, 2010
His comments on the relative failure of the Fed's quantitative easing program are surprisingly honest. Meena, the interviewer enunciates so clearly that I became upset at my screen.
Monday
Jul122010
BUSTED: Bank Of America Admits To SEC That It Repeatedly Lied About Debt And Leverage Levels
Former Bank of America CEO Ken Lewis tries to smile. Lewis ran the show when the fraudulent transactions took place. He will not be punished.
---
As I've written repeatedly, Lehman was not alone in hiding the truth from investors and regulators. As we will likely soon hear in a report from the SEC, offloading troublesome debt for a few days at quarter's end (ostensibly to hide true leverage ratios) was widespread among the mega banks.
The most entertaining part of the BofA story, is their claim that it wasn't done intentionally. That's a priceless excuse, and it appears it may have worked, at least as far as SEC punishment is concerned.
Monday
Jul122010
Dr. Patrick Michaels: The Climategate Whitewash Continues
In the interest of full disclosure, I took 2 classes from the author, Dr. Patrick Michaels, while I was an undergraduate at the University of Virginia. I am not making the case that global warming is false, simply that the science should be transparent and that all points of view deserve a fair review, which is a far cry from the current treatment received by any research that even remotely challenges the man-made global warming establishment.
Monday
Jul122010
REM LIVE: A Public Service Announcement Followed Me Home The Other Day
- "We're dug in deep, the price is steep. The auctioneer is such a creep. Lights went out. The oil went dry, we blamed it on the other guy. Sure all men are created equal -- here's a church, here's a steeple. Please stay tuned -- we cut to sequel -- ashes, ashes, we all fall down. Broadcast me in joyful noise unto the times. Lord count your blessings, ignore your normal fears. Oh this means war -- it's been a bad day. "
- "We're sick of being jerked around."
---
---
Sunday
Jul112010
Volcker Pushes for Reform, Regretting Past Silence (Includes Jab At Greenspan)
Volcker gives finreg a 'B' grade. Obvious grade inflation. 'D+' and that's generous.
Sunday
Jul112010
On Campaign Trail, TARP Support Means Big Trouble For Incumbents -- Especially John McCain
When calls to Congress were running 99 to 1 against TARP, and members chose to support the banks and ignore their constituents, we warned of the impending backlash. Now it has arrived in force, and incumbents are quaking from Maine to Hawaii. The New York Times has the details in a new story this morning.
Photos of the guilty are included inside.
Saturday
Jul102010
