This man needs to be gone…

This sonofabitch needs the old heave-ho. He is so blatantly a banking lobbyist even before leaving office, let alone waiting for the required time-out. He has absolutely no scruples.

Dodd Approached FDIC’s Bair to Gauge Interest in Consumer Post

Dodd Urges White House to Nominate FDIC’s Bair as Head of Consumer Agency


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Yeah…socialist agenda, uh-huh

From a comment by “gizmo” on Digby’s blog:

Edit: The original source appears to be, of all things, the Something Awful forums. They’re the ones who created “all your base” and trolled the holy hell out of Sarah Palin a little while back.

This morning I was awoken by my alarm clock powered by electricity generated by the public power monopoly regulated by the US Department of Energy. I then took a shower in the clean water provided by the municipal water utility.

After that, I turned on the TV to one of the FCC regulated channels to see what the National Weather Service of the National Oceanographic and Atmospheric Administration determined the weather was going to be like using satellites designed, built, and launched by the National Aeronautics and Space Administration. I watched this while eating breakfast of US Department of Agriculture inspected food and taking the drugs which have been determined as safe by the Food and Drug Administration.

At the appropriate time as regulated by the US Congress and kept accurate by the National Institute of Standards and Technology and the US Naval Observatory. I get into my National Highway Traffic Safety Administration approved automobile and set out to work on the roads built by the local, state, and federal departments of transportation, possibly stopping to purchase additional fuel of a quality level determined by the Environmental Protection Agency, using legal tender issued by the Federal Reserve bank. On the way out the door I deposit any mail I have to send via the US Postal Service and drop the kids off at the public school.

After work, I drive my NHTSA car back home on the DOT roads, to a house which has not burned down in my absence because of the state and local building codes and fire marshal’s inspection, and which has not been plundered of all it’s valuables thanks to the local police department.

I then log on to the internet which was developed by the Defense Advanced Research Projects Administration and post on freerepublic.com and Fox News forums about how SOCIALISM in medicine is BAD because the government can’t do anything right.

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It isn’t over yet…

Lets hope they can sort this bill out and make it all the way to the President’s desk. November is going to be very interesting, perhaps we can separate the politicians from the elected representatives.

jaf

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The beginning of the end?

I am hoping this is not just wishful thinking. There are noises in Europe about the second dip coming. We should cross our fingers it’s not and try to believe…

on the way out?

Well, it looks as though we might be on our way out of the might Bush Trough. I hope W is remembered in history as the person who robbed the United States Treasury and handed a basket case to President Obama.

The red bars are the accelerating rate of job loss during President Bush’s last year in office; the blue bars are the decelerating rate of job loss during President Obama’s first year of office.

The chart was put together by the House Democratic leadership.

…jaf

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Bush had no such balls

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About F*ing time!

On Thursday President Barack Obama  is expected to propose new limits on the size and risk taken by the country’s biggest banks, marking the administration’s latest assault on Wall Street in what could mark a return — at least in spirit — to some of the curbs on finance put in place during the Great Depression.

Read On.

..jaf

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The Song Remains the Same…

Elizabeth Warren should have Geitner’s job.

..jaf

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You are a fluke of the universe

We are, of course, coming up on the very end of the year, and I thought it’d be nice to slow down and do a little deep thinking.

You don’t have to be familiar with the poem “Desiderata” to appreciate this. Written by Tony Hendra in his National Lampoon days, it appeared on the Radio Dinner LP, which has been criminally out of print for too long.

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Required Viewing for anyone who wants to know what is really going on…

A discussion with Kevin Drum & David Corn.

Watch Part 1

The ancient Romans had a proverb: “Money is like sea water.
The more you drink, …the thirstier you become.” That adage
finds particular meaning today on Wall Street, which began
this New Year riding a tidal wave of bonuses in a surging
ocean of greed.

Watch Part 2

Banks weren’t just making investments, they were borrowing
huge sums of money to make investments. That’s what makes
a bubble bad. Is huge amounts of leverage.
Huge amounts of debt.

Watch Part 3

Moyers’ essay on the greed that drives the process…

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Screw the Whistleblower

What happens when someone blows a very loud whistle on an huge international bank- UBS (with Senator Phil Gramm employed by the bank).

The part that really pisses me off is that our esteemed Attorney General has had to recuse himself from the case as he has been an attorney for UBS- the bank perpetrating the fraud.

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