Monthly Archives: January 2011
John Quiggin’s Zombie Economics: How Dead Ideas Still Walk among Us
Just finished reading Prof. Quiggin’s book Zombie Economics: How Dead Ideas Still Walk among Us. The book is the walk through the usual dead ideas still filling the thinktank libraries and spoonfed in MBA programs everywhere. Prof. Quiggin has no … Continue reading
Washington is ready to the serve the banks! #p2
Step 1: pour millions into GOP front organizations, generate fake anger (deficits, gays, healthcare – it doesn’t matter), get ‘em nuts elected: New Republicans in the House received millions of dollars in contributions from banks, health insurers and other major … Continue reading
Filed under ABA, Corporate cronyism, Corrupt pigs, Crony capitalism, Crooked bankers, Lobbyists
CEOs: “Umm, nutjobs, please don’t repeal healthcare” @gordondeal @wsjthismorning
It was interesting listening to Gordon Deal (aka Beck Wannabe) listening glumly to his WSJ colleague explain the benefits of healthcare reform. Campaigning is fun & easy, governing is hard: At the National Business Group on Health, a collection of … Continue reading
Filed under Buffoons, Conservative politics, Health insurance, health reform, Teabagger
GOP: “Ok, we don’t have any policies, Mr. Obama, do you have something new we can rail against?”
It’s easier to say no (or hell, no) rather than proposing anything useful. Same ol’ GOP: Now that they control the House, Republicans are being curiously deferential to the president, suggesting on several occasions that he needs to take the … Continue reading
Filed under Buffoons, Conservative politics
Somerdale, Gloucestershire gets a sweet, sweet taste of crony, err, free market capitalism
This Is Bristol: Cadbury took the original decision to close Somerdale but Kraft initially promised to save the factory once the controversial sale went through. Meanwhile Roger Carr, the businessman who oversaw the £11-billion sale to the US multinational Kraft … Continue reading
Filed under Corporate cronyism, Corrupt pigs, Corruption, Free market, Scams, Switzerland, Taxes, The Corporation, UK
If you thought Supreme Court Inc, 2008 © was bad, wait till you get a load of ‘em now!
It’s all going exactly according to plan! Excerpt from Supreme Court Inc, 2008: The headquarters of the U.S. Chamber of Commerce, located across from Lafayette Park in Washington, is a limestone structure that looks almost as majestic as the Supreme Court. … Continue reading
Filed under Corporate cronyism, Corrupt pigs, Corruption
GOP & the CBO: how much longer before Monica Goodling heads it up?
Cohn via Atrios: It also helps that the Republicans finally have to do some governing. And governing requires the kind of specifics Republicans could avoid when they were merely campaigning to win office. Thursday was a perfect example: Before bringing … Continue reading
Buried in a story about fraudulent law school stats is a nugget about mortgage fraud
NYT: WHEN Mr. Wallerstein started at Thomas Jefferson, he was in no mood for austerity. He borrowed so much that before the start of his first semester he nearly put a down payment on a $350,000 two-bedroom, two-bath condo, figuring … Continue reading
Filed under Fraud, fraud in fraud, Mortgage
