Monthly Archives: November 2010

Murdoch’s iPad only “The Daily” to be “centrist”. Also, pigs will fly

NyMag via Poynter: Joe Queenan is “centrist”, right?

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Filed under Fox "News", Journamalism

#13 in NYTimes non-fiction best sellers list totally calls out #1!

Precision point It’s true most of the time, Tucker Max

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Filed under Bush

Hey, WSJ, are you going to add a new section devoted solely to the Palin family tweets?

The TMZing of the WSJ is very close at hand: Let the Irish, the Spanish have their banking crises. We have a Palin dancing on teh teevee. Woohoo.

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Filed under Conservative politics, Journamalism, Media

Let’s be clear – Ireland is suffering because Irish banks owe too much to German banks

What does it cost to make sure Irish banks repay German banks?  NYT: the Irish Independent, estimated that the cost of the measures for a typical middle-class family earning $67,000 a year would be about $5,800 a year This is … Continue reading

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Filed under Asshat, Bailout Nation, Bankers, Crony capitalism, Crooked bankers, Ireland

What “people say” to the WSJ about insider trading

People say things to WSJ: ..according to people familiar with the matter ..people familiar with the matter say ..these people say ..these people say ..the people say ..people familiar with the matter say ..these people say ..these people say ..some … Continue reading

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Filed under Media, Wall Street, Wankers

How the “vast insider trading case” will go down

WSJ: Federal authorities, capping a three-year investigation, are preparing insider-trading charges that could ensnare consultants, investment bankers, hedge-fund and mutual-fund traders and analysts across the nation, according to people familiar with the matter. CNBC talking heads will claim that insider … Continue reading

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Filed under Chamber of corruption, Corporate communism, Corporate cronyism, Corruption, Ponzi Schemes

Fox “News” say things that America’s been saying about Sarah Palin for a couple of years now

TPM: http://videos.mediaite.com/embed/player/?layout=&playlist_cid=&media_type=video&content=PZNDNZ2QMJ50G5F6&read_more=1&widget_type_cid=svp

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Filed under Buffoons

Excerpt from Ian Morris’s “Why the west rules -for now”

p. 251 talks about Chinese economic conditions in 625 BCE: Taxes drifted upward, from 10 percent in the early sixth century to 20 percent a hundred years later. Lords built icehouses in their palaces, peasants slid into debt. Nothing can … Continue reading

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Filed under Tax rates, Tax revenues, Wealth, Wealth divide, Weasels, Whiners

Open letter to Bernanke is the financial equivalent of “scientists” signing anti-global warming letter

I am not sure Bernanke’s $600 million program will do anything, but I am optimistic given the record of the “economists” who signed the anti-QE2 letter: Cliff Asness AQR Capital Bailout queen Michael J. Boskin Stanford University Former Chairman, President’s … Continue reading

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Filed under Economists, Voodoo economics, Wall Street, Wingnut

Wall Street starts the campaign to collect on teanut investment (but don’t call it a bailout!)

It’s time to pay them back, bitches: JPMorgan Chase & Co., Bank of America Corp. and four other U.S. lenders may face an additional $31 billion in costs beyond what they have already set aside for buying back mortgages by … Continue reading

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Filed under Bailout, Bailout Nation, Corporate communism, Corporate cronyism, Crony capitalism, Crooked bankers, Stupid bankers, Stupid banks, Stupid hedge funds, Stupid investment managers, Stupid Private Equity