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Tuesday Night Open Thread

I've vented my spleen so much, there is no bile left. Don't worry about a thing, every little thing is gonna be allright:

This is an Open Thread.

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    How to negotiate like a Democrat (5.00 / 2) (#12)
    by andgarden on Tue Dec 15, 2009 at 07:49:34 PM EST
    Not funy (none / 0) (#54)
    by gyrfalcon on Wed Dec 16, 2009 at 12:29:56 AM EST
    Too painfully accurate.

    Parent
    Progressive Dem Senators kill RX Reimportation (5.00 / 4) (#15)
    by jedimom on Tue Dec 15, 2009 at 07:57:44 PM EST
    sorry havent been downstairs to see if this amde a post already

    DOZENS fo GOP vote Aye in support of the ONE cost saving thing in the horror show health care bill and so called progressive democratic Senators kill it

    Rockefeller, Schumer, Durbin, Burris, Menendez, Reid all kill RX reimportation

    the WH and the Senate Dems killed the only good thing in the stinky bill, nice commercials for the GOP in 10/12

    ...FDL- Roll call on the Dorgan Amendment is here. The White House had to line up 31 no votes from the Democratic caucus to kill this....


    WHY???? (5.00 / 1) (#38)
    by BrassTacks on Tue Dec 15, 2009 at 10:12:07 PM EST
    Can someone please explain to me why ANY democrats voted against this?  

    Parent
    The Big Pharma back room deal (none / 0) (#63)
    by Inspector Gadget on Wed Dec 16, 2009 at 09:05:30 AM EST
    perhaps? The lobbyists are handing them money for a mere promise....the people are making them work darn hard for a dime.


    Parent
    You mean that progressives were bribed? (none / 0) (#69)
    by BrassTacks on Wed Dec 16, 2009 at 07:39:04 PM EST
    By the pharma industry?  First, isn't that illegal?  Second, a whole lot of these Senators are VERY, VERY, wealthy.  Does the name Rockefeller ring a bell?  And Kerry?  Those guys don't need money!  

    Parent
    My secular holiday begins: officially untethering (5.00 / 1) (#21)
    by Ellie on Tue Dec 15, 2009 at 08:16:50 PM EST
    I can't even feign interest, whether out of politeness or affection for someone else who does, on a mushrooming collection of mind slime attempting traction on my brain.

    These include but are not limited to:

    • celeb schlongs, new clown boobs or vaJayJays;
    • tv shows featuring the phrase "serial killer" anywhere in the premise or plot description;
    • political hooey where you're supposed to care more about the issue than the media wh0re posing for the camera;
    • promises that this YouToob moment or that one will be the next 'Don't Tase Me Bro';
    • some blogger/pol a blogger/pol normally hates gets/nails it;
    • Tiger v Polanski: which is the next trial of the century;
    • Sarah Palin (her blip was up long ago; really, she's flogging a fricken book, she's not even Katherine Harris, people!)
    • holiday movies gathering together a diverse focus group and shenanigans ensuing;

    This ought to keep me idle until I can gear shift into full I Don't Give a F*cking Sh!t mode, then coast into protein-enhanced bliss.

    Just found this comment (5.00 / 5) (#23)
    by Spamlet on Tue Dec 15, 2009 at 08:38:20 PM EST
    that someone left on another blog in late January 2008, just after the South Carolina primary. Seems more prescient with every passing day of health care (sic) reform (sic).

    At least Bill Clinton was honest enough to admit that his room for maneuver, among the giants of Wall Street, was slight, and to eke out a few progressive changes in a neo-liberal ideological environment. His wife might do the same. Arguably. Edwards might have done even more. Perhaps.

    But isn't that better than Obama's fantasy politics that denies the hard political realities altogether? And isn't that denial the very source of his success? His allusions to Reagan make sense to me--because, like Reagan, this guy is an all-purpose symbol-sponge, designed to absorb potentially dangerous energies in the young while making politics safe for Wall Street and big corporations.

    Remember--MLK, Gandhi--these people only became symbols AFTER they had died and during their lives had been reviled as dangerous partisan figures. Someone who becomes a symbol BEFORE he/she has DONE anything is probably a dupe for the powers that be.

    Yeah, I would say so. Or if not their dupe, then their middle manager.

    Just checking your spleen on my (5.00 / 1) (#24)
    by Militarytracy on Tue Dec 15, 2009 at 08:54:49 PM EST
    phone.  The internet cable is still out.  Things were so bad last night the angels began to cry.  This area of Alabama is experiencing serious flooding, and more rain coming tonight with no place for it to soak into.  Because I live on a lake my subdivision is closed to traffic to attempt to discourage looting.  Two brand new houses on the other side of the lake are under water.  It would have to rain insane for my home to be in danger though.  My canoe tried to make a break for it last night before a couple of trees snagged it.  There were a lot of runaways in the lake though this a.m.  We will probably lose a few more houses tonight though if we get the rain predicted.  Hopefully we won't lose the dams.

    Oh, dear. (5.00 / 1) (#29)
    by Radiowalla on Tue Dec 15, 2009 at 09:35:05 PM EST
    That sounds really bad!  I hope you and your neighbors are able to stay safe and warm.  

    Parent
    I think we will be fine (none / 0) (#44)
    by Militarytracy on Tue Dec 15, 2009 at 11:00:34 PM EST
    At least we are on each others side ;) I feel bad for the newest home owners.  Don't know if they have flood insurance.  Nice lakeside homes, but last year both my husband and I thought it was scary to build so close to lake level.  You have to trek to the lake from our house, but the lake is only a third of the to my house.  I'm higher than the dam.  One gate onto the post here is flooded too, and I was told they sent everyone unnecessary home at 9ish this morning because they just could't get everyone on post and then people were calling in worried about their homes.

    Parent
    Oh my gosh! So sorry (5.00 / 1) (#42)
    by BrassTacks on Tue Dec 15, 2009 at 10:40:13 PM EST
    Sending thoughts and prayers to your neck of the woods.  I hope that all is ok.  I've been whining about our cloudy/foggy weather, but I'll stop now.  Your post brought me back to reality.  

    Parent
    It was extremely foggy (none / 0) (#45)
    by Militarytracy on Tue Dec 15, 2009 at 11:06:51 PM EST
    yesterday before all this started.  We are so soaked there just isn't any place for more moisture to go.  At least it did completely quit this morning for a bit.  The rate that standing water was rising did at least slow down dramatically this morning even though it was still rising.

    Parent
    Sweet, the dems screwed us on (5.00 / 1) (#26)
    by Militarytracy on Tue Dec 15, 2009 at 09:16:01 PM EST
    drug re-importation too.  I prefer dealing with fricken floods to dealing with these disgusting losers.  At least mother nature is more rational and my odds of surviving her are better than surviving them.

    Somebody (5.00 / 2) (#34)
    by Ga6thDem on Tue Dec 15, 2009 at 09:57:58 PM EST
    on another blog said whe dont' have a president, we have a marketing campaign. I think we have an empty suit motivational speaker.

    Very true.... (none / 0) (#62)
    by Inspector Gadget on Wed Dec 16, 2009 at 09:04:02 AM EST
    and, why don't we hear more about Axelrod? Rove was always spoken of during the GWB years...Axelrod is the brand monitor and probably advises on everything. He's the Rove in Obama's court.


    Parent
    Thanks for Bob Marley (5.00 / 1) (#36)
    by BarnBabe on Tue Dec 15, 2009 at 10:05:19 PM EST
    This is one of my favorite songs that he does.

    This bill is better than no bill, (none / 0) (#1)
    by KeysDan on Tue Dec 15, 2009 at 06:21:17 PM EST
    is the latest cry from Democrats, along with it is good not great but it saves lives so we need to pass it.  The spin machine is already on full blast, and media conduits are on board.  The Republicans will do their part as well. Rather than serious critiques on the merits, they will, of course, be over-the-top, with  an orange-faced Congressman and his ilk shouting socialism and fascism.  Rush and Beck will explode, influencing their ditto heads, but alienating most others.  I think I see an A- in Obama's future, while the rest of us are kept back a grade or two.  

    It's not (5.00 / 1) (#3)
    by Ga6thDem on Tue Dec 15, 2009 at 07:03:00 PM EST
    better than no bill. It really does nothing that a very small bill couldnt do and actually does more harm than good IMO. However, with so much of the stuff going into effecct later, lots of it may not ever come to pass. With a strong possiblity of a GOP takeover in '10 and '12, they can completely undo this whole bill.

    Parent
    The veto (none / 0) (#28)
    by Manuel on Tue Dec 15, 2009 at 09:34:33 PM EST
    will prevent them from undoing things.

    Parent
    and what happens in 2012 (none / 0) (#31)
    by cawaltz on Tue Dec 15, 2009 at 09:49:23 PM EST
    if the GOP controls the WH again(something likely since the economy is not expected to add alot of jobs)? What happens then to the money collected for "health insurance de/reform"?

    Parent
    That (none / 0) (#32)
    by Ga6thDem on Tue Dec 15, 2009 at 09:52:57 PM EST
    only works until '12 when Obama possibly will lose reelection unless things change A LOT. If the GOP takes over the house in '10 and the presidency in '12 there's no stopping them completely undoing this and in fact, i'm willing to bet they will because the "reforms" wont have even gone into effect and they are going to have years to tell the public how bad this bill is.

    Parent
    The sad thing is (none / 0) (#35)
    by cawaltz on Tue Dec 15, 2009 at 10:03:40 PM EST
    they won't be far from wrong on many fronts. Cost containment is nil- it'll get sold as another ballooning "entitlement" program and every attempt thereafter to reform health care will be pegged to it.

    Parent
    saves lives....in 4 years (5.00 / 1) (#18)
    by jedimom on Tue Dec 15, 2009 at 08:01:26 PM EST
    as FDL points out the argument is so fallacious about saving lives, if it is so urgent why does it wait 4 years to start saving those lives....

    Parent
    It would be interesting to (none / 0) (#6)
    by Radiowalla on Tue Dec 15, 2009 at 07:22:05 PM EST
    know how many of those who are saying "no bill is better than a bad bill" have health insurance themselves?  

    Among the uninsured perhaps the thinking is not the same.    If you don't have any insurance at all, perhaps you are thinking that something is truly better than nothing.    

    Parent

    and yet (5.00 / 2) (#9)
    by cawaltz on Tue Dec 15, 2009 at 07:44:41 PM EST
    something is not always better than nothing. Particularly if that something stands in the way of actual reform and becomes an inexpensive boondoggle that can't be maintained. But hey, perhaps you'll enjoy being a political pawn like minimum wage earners have had to be for years.

    Parent
    D'oh (none / 0) (#13)
    by cawaltz on Tue Dec 15, 2009 at 07:54:06 PM EST
    expensive, not inexpensive.

    Parent
    Well (5.00 / 1) (#10)
    by Ga6thDem on Tue Dec 15, 2009 at 07:48:09 PM EST
    the uninsured really aren't going to get much. They are going to get subsidies but my friend who currently gets subsidies still can't really afford it so it might be a moot point. The price points and the subsidy dollars they were allowing still migth not make it affordable.


    Parent
    I think that might depend on what it (5.00 / 1) (#11)
    by Anne on Tue Dec 15, 2009 at 07:48:18 PM EST
    will cost them to get this "something," and how much benefit it really provides.


    Parent
    I can speak to that (none / 0) (#52)
    by gyrfalcon on Wed Dec 16, 2009 at 12:24:52 AM EST
    as a long-time uninsured person, no bill is better, by far, than this bill.  Requiring me to spend money I don't have for crappy insurance that won't protect me from financial ruin if I get really sick is worse than the situation I'm in now.  If I get really sick now, I will also be ruined financially, but at least I'll still be able to pay my bills until and unless that happens.

    Parent
    I'm in your world (none / 0) (#57)
    by nycstray on Wed Dec 16, 2009 at 01:05:59 AM EST
    I was kinda "hoping" for a "change" where I could buy into affordable insurance . . . . for now I'll be "hoping" my health continues on the good track and I won't get slammed with an unaffordable payment for sh*t insurance.

    You in wood chopping mode again? I'm gearing up for the long haul west and will be hitting the other coast mid winter. No wood chopping for me this one ;)

    Parent

    Maybe the three of us (none / 0) (#58)
    by shoephone on Wed Dec 16, 2009 at 01:14:20 AM EST
    can form our own risk pool... It would still be better than the steaming pile we're going to get handed from Congress.

    Parent
    Marley was a really good movie (none / 0) (#2)
    by MKS on Tue Dec 15, 2009 at 06:30:57 PM EST
    And the pooch was named after Bob Marley....

    Marley was a great man... (5.00 / 2) (#4)
    by kdog on Tue Dec 15, 2009 at 07:04:39 PM EST
    I named an old dog "Kaya" in his honor...probably millions of pets have a Marley name connection, not to mention people.  

    The guy spread so much freakin' joy its unfathomable...if thats not a sign of greatness I don't know what is.

    Good call BTD...if the state of the union gets ya down, nothin' like Bob to make you feel better.

    Parent

    love Marley (5.00 / 1) (#16)
    by jedimom on Tue Dec 15, 2009 at 07:59:17 PM EST
    ya mon, erie...when I lived in NYC I used to go to Jamaica often. honorary Jamerican after 5 visits ya know.

    Parent
    I almost (none / 0) (#41)
    by CST on Tue Dec 15, 2009 at 10:33:48 PM EST
    married a Jamaican.

    beautiful country.  great music, great people, great food.

    mmmmm I could go for some Ackee and saltfish right now.

    And Bob is beautiful, in so many ways.

    Parent

    little one (none / 0) (#17)
    by jedimom on Tue Dec 15, 2009 at 08:00:29 PM EST
    my youngest used to line up his water buffalo toys in his safari set and sing Buffalo Soldier

    Parent
    I've posted a couple of comments here.... (none / 0) (#5)
    by magster on Tue Dec 15, 2009 at 07:08:10 PM EST
    about how great some of the local sports blogs are compared to the local newspapers' sports pages.  I had no idea until today that many of the best local sports' blogs that are part of SB Nation were initially founded by Kos (I just noticed that SBNation.com is in his blogroll as "other Kos sites").  SB Nation is huge, with a network of blogs for each pro football, basketball, baseball and hockey team as well as each major college football and basketball team, and a national recap with links to the local blogs for all the major national sports news.  I would venture that SBNation is a much bigger endeavor than DailyKos.

    Between DailyKos and SB Nation, Kos is really leaving his mark (while probably doing very well in the $$$ department).  Funny that he's not recognized for SB Nation too. (I also wonder how many right wing sports fans are gobbling up a Kos creation, too).

    Search continues for climbers on Mt.Hood (none / 0) (#7)
    by caseyOR on Tue Dec 15, 2009 at 07:22:55 PM EST
    The biggest story here is the climbers who are missing on Mt.Hood and the resulting search. The backstory: last Friday three experienced climbers, all in their 20s, all well-equipped, started what was to be a one day climb to the summit of Mt. Hood and back down. When they did not get back on time the authorities were notified and a massive search began.

    On Saturday morning the body of one climber was found. The other two are still missing. The weather has deteriorated. It is snowing; up to 12 more inches are expected tomorrow. Yesterday was clear enough that helicopters were able to conduct aerial searches. No sign of the missing climbers. Severe avalanche risk is hampering the ground search.

    You may recall that three years ago this month, another group of three experienced climbers were lost on Mt. Hood. The body of one was found. The other remain lost on the mountain.

    None of the current lost climbers carried a locator beacon. A beacon rents for 5 bucks. Efforts to require that Mt. Hood climbers carry beacons have so far been defeated. The climbing community, including mountain rescue, insist that beacons are not necessary and would be a danger to climbers, not a safety item. They claim that with beacons climbers would take more risks. Proponents of the beacons sight the risks taken by rescuers every time a climber is lost, to say nothing of the expense of the rescue missions.

    One thing we all agree on is we want the climbers found and found alive. Sadly, it may well be too late for that.

    Sad story. (none / 0) (#27)
    by coast on Tue Dec 15, 2009 at 09:22:03 PM EST
    The reasoning for not wearing a beacon is laughable.  Aren't climbers by definition taking risk the minute they hit the slope?  Don't they try to push themselves to do things they haven't done before?  The way I see it, $5 bucks that may mean the difference between being stuck on a mountain and dying v. getting home to my family.  Seems like a pretty easy answer.  But what do I know, the riskiest thing I have ever done is drive the speed limit on Atlanta's notorious 285.

    Parent
    you must have been crazy (none / 0) (#55)
    by CoralGables on Wed Dec 16, 2009 at 12:37:08 AM EST
    20 years ago when I lived in Atlanta there were three lanes and three speeds on that road. 70-80-90 and you better choose your lane properly.

    Parent
    The previous ones (none / 0) (#53)
    by gyrfalcon on Wed Dec 16, 2009 at 12:28:25 AM EST
    weren't a lesson, apparently.  Why should this one be?  I do think we should at least require these people to pay, even if for the rest of their lives, for the costs of their rescue.  That's the only thing I can think of that might really discourage idiots from gayly traipsing off to hike up mountains in this kind of weather.

    Parent
    Climbing weather was good. (none / 0) (#59)
    by caseyOR on Wed Dec 16, 2009 at 03:50:32 AM EST
    Friday, which was the day of their climb, had good climbing weather. They were properly equipped for a winter climb and had lots of experience. These were not fools simply testing fate. Winter climbs are not unusual. The key is the weather on the day of your climb.

    As to charging people for rescues. That was the subject of a ballot initiative some years ago. The voters of Oregon decided that charging people for their rescues would actually cause more problems than it solved. The fear was that if they had to pay the costs of a rescue people would wait too long to call for help thinking they could get themselves out of a bad situation.

    These climbers have been missing so long now that there is only about a 1% chance they are still alive.

    Parent

    Anytime you go... (none / 0) (#60)
    by MileHi Hawkeye on Wed Dec 16, 2009 at 08:24:39 AM EST
    ...into the wilderness, you are testing fate, no matter how experience and prepared you are.  There is a bent among avid climbers to test limits when they're out there too.  As a group, they tend toward being adrenaline junkies.  

    Here, S&R costs are included when one buys a hunting/fishing license.  I've been lucky--managed to get down off the mountain the couple of times I didn't think I would and have only suffered frostbite.  

    Parent

    "Don't Worry Be Happy was a (none / 0) (#8)
    by Sui Juris on Tue Dec 15, 2009 at 07:36:35 PM EST
    number one jam.  Damn, if I say it you can slap me right here . . ."

    Today's Tiger Update (none / 0) (#14)
    by CoralGables on Tue Dec 15, 2009 at 07:57:40 PM EST
    Could he have even more in common with A-Rod?

    Tiger Woods' Canadian sports medicine doctor will soon be slapped with criminal charges related to performance-enhancing drugs after investigations by the FBI and RCMP


    When it starts to go bad, (none / 0) (#37)
    by Anne on Tue Dec 15, 2009 at 10:08:47 PM EST
    sometimes it can't be stopped; this is going to taint the "well, at least he's a great athlete" part of the argument, if what we find out now is that Tiger has gotten help being "great."

    The vultures have descended and will not be satisfied until all that is left are bones to be picked over.

    Parent

    Bill Plaschke, LAT sports columnist, (none / 0) (#56)
    by oculus on Wed Dec 16, 2009 at 12:55:46 AM EST
    recalls walking behind Tiger Woods awhile ago and noticing his neck, shoulders, and biceps.  He compares him to Barry Bonds.  LAT

    Plaschke is known as the bleeding heart amongst sports writers.

    Parent

    Cookalong (none / 0) (#19)
    by nycstray on Tue Dec 15, 2009 at 08:05:31 PM EST
    This should be interesting. On Fox now (east coast) for all you cooking show fans :)

    Forecast of 10 industries (none / 0) (#25)
    by ruffian on Tue Dec 15, 2009 at 09:01:05 PM EST
    with the greatest wage and salary employment declines in  the next 10 years, from the Bureau of Labor Statistics.

    Hint: semi-conductor manufacturing might be a good area to get out of

    Uh-oh (none / 0) (#30)
    by TeresaInSnow2 on Tue Dec 15, 2009 at 09:48:45 PM EST
    Postal service?  It's predictable, but hits close to home because I **LOVE** my snail mail lady.  She comes to my door to deliver packages, she smiles, we talk fiber arts, she knows my dogs' names.  

    Please let Barb retire before the postal service goes to heck in a handbasket.

    Parent

    The three regs in my 'hood (5.00 / 1) (#40)
    by nycstray on Tue Dec 15, 2009 at 10:28:18 PM EST
    are all friendly with my dog. They met her early on when I was trying to socialize her with everyone in "uniform" :) They enjoyed the exercises, as did UPS, Fed EX, NYPD and FDNY. Dot got to met the FDNY in full gear/lights/sirens/hoses . . .  once the threat (I called in) was over, lol!~

    I like my reg guy a lot. I can always tell when he's on vacation . . .  The guy that delivers packages on the weekends is incredibly happy and friendly.

    I'm actually planning on using their services to get my gifts to family this year. I like that I can get boxes delivered, flat rate and call for a PU if the weather sucks too much for me to walk. Otherwise I'd call my reg UPS guy (he let's the Dot on the truck!).

    Parent

    Hang on Barb! We're pulling for you!! (none / 0) (#33)
    by ruffian on Tue Dec 15, 2009 at 09:57:35 PM EST
    Mine is very nice too. When I get back from a trip she is very good about not leaving my collected mail unless she knows I'm home. We had a chat the last time when I happened to be out when she came by. She doesn't know my dog's name though - that is very cool!

    Parent
    Gas stations? (none / 0) (#43)
    by BrassTacks on Tue Dec 15, 2009 at 10:42:56 PM EST
    Why?  Fewer cars?  as long as the population increases so will the number of cars.  I'm not seeing why the number of gas stations will decline.  But what do I know?

    Parent
    1 Employee (none / 0) (#46)
    by CoralGables on Tue Dec 15, 2009 at 11:32:17 PM EST
    20 pumps. Everyone swipes a card, no need for employees.

    Parent
    Not necessarily gas stations (none / 0) (#47)
    by cawaltz on Tue Dec 15, 2009 at 11:34:16 PM EST
    gas station attendants is how I am reading it. It isn't surpising to me because every time I head to the Hess or the Sheetz where I live there is a looooooong ol' line to pay for your gas and other convenience items.

    As far as I can see there has been a real decline in actually providing customer service. Automation has rendered it obsolete or made it so that in order to recieve it that you need to pay a premium. If I pay cash at the store for my cell phone I incur a fee. If I decide to pay on the phone for my cable even using automation another fee, electric also has a fee to pay my bill on the phone through an automated service. If I go to the grocers after a certain hour I am expected to bag and ring up my groceries. Heck even the insurance company we were doing business with before we switched to Farmers (progressive was going to charge us $5 additional dollars in addition to the $5 already being charged for having monthly installments if we didn't have it set up to auto debit out of our bank account). It's crazy.

    Parent

    IRS gives Citibank Huge Tax Break (none / 0) (#39)
    by BackFromOhio on Tue Dec 15, 2009 at 10:23:45 PM EST
    What universe are we living in?

    This just in my inbox from Washington Post -
    as breaking news:

    "The IRS has issued an exception to tax rules for the benefit of companies including Citigroup. As a result, Citigroup will be allowed to retain $38 billion in tax breaks that otherwise would decline in value when the government sells its stake to private investors."

    WashPo calls tax break "Massive".


    I hope whatever "breaks" are (5.00 / 1) (#61)
    by Inspector Gadget on Wed Dec 16, 2009 at 09:00:54 AM EST
    handed to Citi [and other banks] come with mandates they pay it forward to their customers with lower interest rates on credit cards.

    Citi was one that really spred the 30% rate around...even to their best customers.


    Parent

    Easy to misunderstand (none / 0) (#48)
    by Steve M on Tue Dec 15, 2009 at 11:37:14 PM EST
    A really good explanation of the situation here.

    Parent
    Thanks (none / 0) (#49)
    by BackFromOhio on Tue Dec 15, 2009 at 11:42:16 PM EST
    Key sentences in that post (none / 0) (#50)
    by BackFromOhio on Tue Dec 15, 2009 at 11:49:10 PM EST
    - ends justify means?

    "The treasury...is making a ruling that may or may not break the letter of the tax code (I haven't looked at the ruling or the specific regulation in enough detail to be sure...), but that leads to a result that is consistent with what is supposed to happen."

    This is not persuasive, and blogger is admitting he does not know if the ruling violated the Code.
    To me not useful.

    Parent

    It's an unprecedented situation (5.00 / 1) (#51)
    by Steve M on Tue Dec 15, 2009 at 11:55:20 PM EST
    The Tax Code wasn't written to cover this one way or the other.  There's no good policy reason why they should lose the carryforward, those were real losses they suffered.

    Parent
    I'm not sure (none / 0) (#66)
    by BackFromOhio on Wed Dec 16, 2009 at 09:45:38 AM EST
    The fed government bailed them out; how is the bailout money being accounted for, i.e., it reduced the losses, but may not be figured in in a way that reduces the loss carry forwards, so those carry forwards may be giving Citibank more of a reduced tax load at a time when they should be required to put money back into the Treasury so as to pay back the taxpayers who bailed them out. And the post you linked to suggested that the IRS ruling may violate the Code. But I just don't know enough about the tax treatment of various items to be able to know what this all means.  I'll be looking for some analysis that will help figure this out.  Will link when I find.  

    Parent
    The bailout money (none / 0) (#68)
    by Steve M on Wed Dec 16, 2009 at 10:33:22 AM EST
    did not reduce the losses.  The losses were incurred, there's no dispute about that.

    Parent
    Obama B+ converts to 6 pt DROP in his (none / 0) (#64)
    by Inspector Gadget on Wed Dec 16, 2009 at 09:07:12 AM EST
    Approval rating. Announced this morning on ABC.

    Yup (none / 0) (#65)
    by DancingOpossum on Wed Dec 16, 2009 at 09:24:14 AM EST
    The guy spread so much freakin' joy its unfathomable...

    Love Bob Marley. You can't hear him sing and keep from smiling.


    So true... (none / 0) (#67)
    by kdog on Wed Dec 16, 2009 at 09:57:40 AM EST
    and he could be singing the saddest most depressing songs of oppression and pain...yet there I am smiling ear to ear bopping to the riddim.

    Parent