Tears Of A Clown, Pelosi Gets All Choked Up

Speaker Nancy Pelosi:

• “I have concerns about some of the language that is being used because I saw … I saw this myself in the late '70s in San Francisco,” Pelosi said, choking up and with tears forming in her eyes. “This kind of rhetoric is just, is really frightening and it created a climate in which we, violence took place and … I wish that we would all, again, curb our enthusiasm in some of the statements that are made."

Gawker wonders if Pelosi went too far with her melodrama (umm, yes).  This will backfire politically.  Never let yourself look weak. Your opponents will use this clip to destroy you. Would love to see her thrown out of office in 2010.  If Karma is listening, please end this woman's political career. Tired of her personal stylists, personal jets and personal bullshit. 

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Banking Mayhem On Display At MSNBC

Check the health of your local bank. Click the photo and you'll go directly to the article and interactive chart.  Then click on any state, then your community and see the financial health (simple easy ratios) of any bank you choose.  Best interactive graph I've come across.  My bank doesn't look so good, with an extremely high 29% of assets listed in the 'troubled' category.

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The Day I Called Larry Summers A Generational Rapist

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Peter Schiff Formally Announces His Candidacy For The U. S. Senate

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Ratigan Asks: "Is There Any Sum Of Money That We Would Not Have Given To AIG"

Ratigan and Dr. Elizabeth Warren discuss AIG counterparty payments, Goldman Sachs and Geithner's testimony before the Congressional Oversight Panel.  Broadcast September 14.  Brand new video.

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Erin Burnett, (Former) Banking Apologista, Grows A Sack

Chris Whalen and Paul Miller discuss the health of the banking sector, deleveraging, credit destruction and new capital requirements with Burnett.  Near the end, the focus shifts to Goldman Sachs, where Whalen says their future is bright without Lehman and Bear Stearns as competitors, but cautions about the massive political risk:

• "The political risk is the wildcard with that firm.  They are so over-exposed politically. There's nobody even in their league right now in terms of political risk."

The interplay ends and as they head to break, Erin Burnett mumbles the following to co-anchor Kristi Yamaguchi:

• "The AIG payback, the $13.2 billion...it's just there.  People, it just raises questions."

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Dr. Elizabeth Warren: The One-Woman Transparency Machine

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The Real Crisis Yet To Unfold

Guest post by Brett Buchanan from It'sNotRealMoney

When I recently read the Wegelin & Co. Investment Commentary 265 dated August 24, 2009, it became clear to me that what would appear to be a nation where public and private borrowing has simply spiraled out of control is in fact much worse than it appears. In reading the report I skimmed down to Section 5, titled The USA’s Achilles Heel. As I read the section it became abundantly apparent that amidst all the bailout and stimulus money flying around there is an even greater story, a devastating one, the likes of which has not found its way into the main stream media. The story goes like this.

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Bush's Third Term?...You're Living It (Deja Vu All Over Again)

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Dylan Ratigan: Americans Have Been Taken Hostage By Wall Street, K Street Lobbyists & A Broken Political System

The truth hurts.  Ratigan raises the issues we choke on everyday.  Your retaliation will come at the ballot box in November 2010.  Candidates and incumbents who support the banking oligarchy and the Wall Street bailouts must be thrown out into the street.  My fear however, is that they will end up unscathed and smiling on K Street, peddling their malignant, anti-taxpayer influence to the detriment of all but their banking bastard buddies.

We've been screaming for 8 months for a high-profile mainstream journalist to take up your cause.  Above all others, Dylan Ratigan has responded as he continues to drive the hammer via any outlet he can find.  Yesterday it was an impressive op-ed at the Huffington Post.  We have the complete, systemic thrashing after the jump.

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Presidential Comedy Break: Obama Is Shouted Down By Kanye West

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Obama Slaps (Lightly) The Wall Street Hand That Feeds Him

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Tim Geithner With Katie Couric (CBS Interview Broadcast Sep. 14)

Very average performance from Couric. Geithner needs to be interviewed with a heavy hand to get him to answer anything honestly and directly.  Video and transcript are inside.

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Bill Moyers: Corporate Interests Own Both Political Parties

PBS' Bill Moyers appeared 2 weeks ago with Bill Maher on HBO's Real Time.  Discussion was wide ranging and included politics, history and health care.  The most salient observation from Moyers was one we've been shouting from the rooftops, both Republicans and Democrats are appallingly beholden to, and co-opted by, a narrow set of corporate interests.  Lobbyists wield the power and control the issues.  Voters are lawn ornaments.

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