Quantcast
Feeds: Email, RSS & Twitter

Get Our Videos By Email

 

8,300 Unique Visitors In The Past Day

 

Powered by Squarespace

 

Most Recent Comments
Cartoons & Photos
SEARCH
Tuesday
Jul132010

Capped!

Video:  BP well is capped -- July 13, 2010

BP has successfully lowered a new containment cap onto its leaking well, the latest of 8 attempts to control the gushing oil since the start of the disaster in the Gulf of Mexico 85 days ago.  However, if Matt Simmons is correct about a massive leak from the sea bed, then the problem is far from over.

---

---

Click to read more ...

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.

Click to read more ...

Tuesday
Jul132010

Happy Birthday Bill Cosby (Video Collection)

Cosby turned 73 yesterday.  I put together a collection of older clips.

Click to read more ...

Tuesday
Jul132010

Former Senator Alan Simpson: "Fix the deficit or your grandkids will pick grit with the chickens" (CLIP)

Classic line from Simpson.  Short clip plus transcript.

Click to read more ...

Tuesday
Jul132010

Obama's debt commission warns of 'fiscal cancer'

Tuesday
Jul132010

Secret gold swap spooks the market

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 Royal Bank of Scotland 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.”

Click to read more ...

Monday
Jul122010

Vacation Reading (58 Stories, July 12)

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.

Click to read more ...

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.

Click to read more ...

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.

Click to read more ...

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."

---

---

Click to read more ...

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.

Click to read more ...

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.

Click to read more ...