MORONIC ITEMS THE SUPER-RICH BUY

This size of this wart-like gross-looking but delicious thing is nearly twice that of the existing record holder, which was sold for $417,200 in 2010. Bidding for this extraordinary white truffle did not yield “twice the price”  The rich are getting smarter – the auction gallery that sold it – did so for less thanContinue reading “MORONIC ITEMS THE SUPER-RICH BUY”

Nuclear Power — Not Now, Not Ever

Thirty years ago, the ambitious Reactor Safety Study known as "The Rasmussen Report" was published — and subsequently discredited and withdrawn.  Ernest Partridge looks at the reasons for that failure, the disaster at the Fukushima facility in Japan, and the proposal from the Obama Administration to revive the nuclear power industry in the United States.

Greg Palast Asks a Troubling Question

Consider this: How did Haiti end up so economically weakened, with infrastructure, from hospitals to water systems, busted or non-existent – there are two fire stations in the entire nation – and infrastructure so frail that the nation was simply waiting for "nature" to finish it off? And that's not the only question he has.Continue reading “Greg Palast Asks a Troubling Question”

Help for Haiti starts with YOU

From our friend Digby: The Red Cross: You can give $10 to the Red Cross’s International Response Fund by texting HAITI to 90999. 100 percent of your donation benefits the Red Cross, and you can print a receipt through mGive, a foundation that helps non-profits take advantage of mobile technology. UNICEF, the United Nations FundContinue reading “Help for Haiti starts with YOU”

Take the Money and Run

If the Obama economic goals are to be met – a repaired physical infrastructure, educational pre-eminence, health care for all, international leadership in science and technology, etc. – Ernest Partridge argues that we, the public, must retrieve the cash that was effectively stolen from the public treasury.

Harry Markopolos: A True American Hero

Harry Markopolos describing the size of the average brain employed by the Securities & Exchange Commission. Click here for enlarged version. Jeff Koopersmith on Harry Markopolos, the man who dared blow the whistle on an SEC that is at best incompetent, at worst corrupt beyond redemption.

Headlines

• NBC, Politico, AP: Hillary Clinton being vetted for Secretary of StateSusan Rice as Head of Foreign Policy Team Augurs Bold Pragmatism | Doing It Right This Time: Obama Pushes for $50 Billion for Automakers, Oversight Czar | Obama resigning Senate seat as of Sunday | Good news for people who don't like their airlinersContinue reading “Headlines”

Treasury Department Conference Call Suggests Collusion With Brokerages

Courtesy of Digby, we learn of a conference call held late Sunday night between Treasury Department officials and some of the most powerful players in the financial services industry about the House bailout bill that they assumed was about to be passed – a call that they never imagined would be leaked to the public.Continue reading “Treasury Department Conference Call Suggests Collusion With Brokerages”

Anyone Care for Some Good News?

The world is focused on the House bailout bill that, as of a half hour ago, didn't pass. As I type, various House honchos are all over cable news spinning and sputtering. So naturally, if there were a good piece of news about the Republican Culture of Corruption getting their due – for example, KyleContinue reading “Anyone Care for Some Good News?”

The Idiot Congress, Impressing Us with a Tranche

September 25, 2008 – Geneva (apj.us) – I noticed that over the past few days Secretary Hank Paulson and Chairman Ben Bernanke have been using the word "tranche" (from the French "traunche") to explain how they are going to go about deceiving us and the potential buyers of the worth paper they want to purchaseContinue reading “The Idiot Congress, Impressing Us with a Tranche”

BushCo: Indictable Criminals

"This was a purposeful crime.  There was conspiracy to commit criminal acts and these felonies were carried out – over many years– while the people we elected to represent and protect us were busy eating caviar and drinking French Champagne in their mansions in Washington, Maryland, Virginia, and New York." Jeff Koopersmith speaks out aboutContinue reading “BushCo: Indictable Criminals”

Bush’s Federal Reserve Socializes AIG

The Federal Reserve has agreed to bail out AIG with an $85 BILLION loan in exchange for a 79.9% stake in the mega-insurer.  Thanks to George W. Bush, Helicoptor Ben Bernanke and Henry Paulson, the United States is at last a socialist nation – so long, of course, as one has millions of dollars inContinue reading “Bush’s Federal Reserve Socializes AIG”

Headlines

Copy here. • Sen. Barack Obama clinches Democratic presidential nomination• Dem poll predicts wave of GOP House upsets 'as big as '06'• Libby Links Cheney to Plame Leak • Watch Presumptive Democratic nominee Barack Obama's acceptance speech• McCain advisor/lobbyist Phil Gramm pushed Death Bonds: “[T]he most macabre investment scheme[s] ever devised by Wall Street” knownContinue reading “Headlines”

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