CEOs from 8 bailed-out banks are heading to DC today to do a little sight-seeing, check out the museums, and suffer the faux outrage and tsk-tsking of the House Financial Services Committee. Expect a lot of stern questioning that might eventually lead to a non-binding resolution (but probably not).
All this tough talk of more transparency has got the banks all riled up. In fact, Goldman Sachs and Morgan Stanley – beneficiaries of $10 Billion of our money – are so irked by all this ill treatment that they want to pay back that money as soon as possible. Except, they don’t have the money to pay it back right now. But, boy-howdy, if they did, they’d sure show us for making them take our dirty money!
Otherwise, it’s another day where you probably don’t want to go online to see how your retirement fund is doing, what with the market taking another dump yesterday. Don’t worry, I’m sure Congress will bail you out, after which you can resent them for it, and threaten to pay them back (someday). Hey, just be grateful you’re not a member of the Carpenter’s Union, Local 747, who had their pension money invested in Bernie Madoff’s ponzi scheme.
There was some good news yesterday for us old dogs out there, as 10-yr old Stump won best of show at Westminster, setting the record as the oldest winner ever. Apparently he had to come out of retirement because his pension fund is in the crapper, too.
Ah, well, spring is in the air (for a day, anyway), with a high of 55 expected here today. A good day to call in sick, if you can, and take a walk. Or maybe see if you’ve got half a dozen or so embryos kicking around in your freezer, and get them implanted.
I listened to Tim Geithner with utter confusion not making anything clear about his big plan to rescue the banks. Then I listened to Tom Hartmann talking to Ravi Batra (evidently a world-famous economist from (?) SMU) not make anything any more clear except that we should get rid of our trade-deficeit and rein-act the Smoot-Harley Act (or is it reanimate Roosevelt?)
Then I listened to Marc and Sam and it all became crystal clear. The government is going use our money to back private investors who’ll buy up worthless shit with our money that the government doesn’t want to buy directly,….. with our money. :fustrate:
“Or maybe see if you’ve got half a dozen or so embryos kicking around in your freezer, and get them implanted” :rofl2:
funny pj!
anyone know why the old dog, Stump, almost died? They wouldn’t say on the tee vee last night which made me wonder if it was because of the billion dollar commercial dog food industry…. :tinfoil:
(and why aren’t people complaining about the FATHER of all those babies???)
http://www.ohmidog.com/tag/stump/
poison dog food will shut everything down! :tinfoil:
Not sure how she does it but Jill has started another blog about Trader Joe’s.
I have been shopping at TJ’s for around 25 years now.
I LOVE this woman – some men just can’t handle it:
Maxine is one of the few politicians I really like (plus, Maxine is a great name).
Her “the objection is in writing, and I don’t care that it isn’t signed by a member of the Senate!” made me a fan for life.
In one of the most shocking cases of courtroom graft on record, two Pennsylvania judges have been charged with taking millions of dollars in kickbacks to send teenagers to two privately run youth detention centers.
snip
Prosecutors say Luzerne County Judges Mark Ciavarella and Michael Conahan took $2.6 million in payoffs to put juvenile offenders in lockups run by PA Child Care LLC and a sister company, Western PA Child Care LLC. The judges were charged on Jan. 26 and removed from the bench by the Pennsylvania Supreme Court shortly afterward.
No company officials have been charged, but the investigation is still going on.
The high court, meanwhile, is looking into whether hundreds or even thousands of sentences should be overturned and the juveniles’ records expunged.
Among the offenders were teenagers who were locked up for months for stealing loose change from cars, writing a prank note and possessing drug paraphernalia. Many had never been in trouble before. Some were imprisoned even after probation officers recommended against it.
http://www.huffingtonpost.com/2009/02/11/two-pennsylvania-judges-a_n_166149.html
#7 That was a mighty sad day in that Chamber. She is a tough cookie. As was Rep. Barbara Lee.
Was it Maxine that did the interview with Mark in the tub? Splish SPLASH!
:rofl2: My friend was just surfing thru the channels and stopped on local Fox News and they were doing a story about a 6 year old kid with a photographic memory and the commentator said “Wow, we rarely have the facts here.” :rofl2: :rofl2: Maybe they oughta hire the kid!