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Thursday Night Open Thread

I haven't seen one bit of news today. Hope you all can fill me in. Here's an open thread, all topics welcome.

< Gregg Withdraws From Commerce Nomination | Unswerving Devotion >
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    I agree (5.00 / 1) (#1)
    by Big Tent Democrat on Thu Feb 12, 2009 at 09:33:34 PM EST
    Gregg was definitely non-news.

    Yes (5.00 / 1) (#5)
    by dissenter on Thu Feb 12, 2009 at 09:45:47 PM EST
    And to prove your point today.....I was at Starbucks with three friends and said, "did you here Judd Gregg already quit the Commerce Dept?"

    I got a simultaneous "who's that?"

    Parent

    Ask 'em about Rihanna.. (5.00 / 1) (#8)
    by ThatOneVoter on Thu Feb 12, 2009 at 09:50:58 PM EST
    they'll know.

    Parent
    Nah (none / 0) (#14)
    by dissenter on Thu Feb 12, 2009 at 09:58:48 PM EST
    They would have thought I was talking about Stevie Nicks and was confused.

    Parent
    Of whom I had never heard until (none / 0) (#19)
    by oculus on Thu Feb 12, 2009 at 10:02:31 PM EST
    she was a no-show for the Grammy awards show.

    Parent
    heh (none / 0) (#7)
    by andgarden on Thu Feb 12, 2009 at 09:49:42 PM EST
    Were they buying the new instant coffee.... (none / 0) (#10)
    by lambert on Thu Feb 12, 2009 at 09:52:37 PM EST
    ... from Starbucks?

    That's news!

    Parent

    Ha...I just read he did it on purpose. (5.00 / 3) (#34)
    by Teresa on Thu Feb 12, 2009 at 10:42:53 PM EST
    Obama nominated Gregg, knowing Gregg would drop out and Obama made him look so foolish, now Gregg will lose in 2010!!

    With skills like that, my health insurance is going to be a breeze.

    Parent

    You made that up I bet. (none / 0) (#35)
    by oculus on Thu Feb 12, 2009 at 10:44:15 PM EST
    Wanna bet? (5.00 / 1) (#38)
    by Teresa on Thu Feb 12, 2009 at 10:51:42 PM EST
    I was reading about the Gregg's withdrawal from consideration as Commerce Secretary. And how he abstained from voting for the stimulus package. And now the entire state of NH thinks he's a big idiot. 2010 comin up baby! I am happy. More below the fold.

    snip by Teresa to hide dummy's name

    I think Obama made a brilliant move nominating Gregg. I think he saw several steps ahead of Gregg, deciding on all possible scenarios, and it was a win for Obama. Think about it. Obama nominates Gregg showing bipartisanship. Gregg fidgets on the stimulus vote. Looks like an idiot. Gregg withdraws because of "irreconciliable differences". Looks like an even greater idiot. Republican party looks like the biggest idiot by obstructing progress. Obama just brushes the dirt off his shoulders. Sweet.

    At the very least, I'm close!

    Parent

    Wow. DK, correct? (5.00 / 1) (#41)
    by oculus on Thu Feb 12, 2009 at 10:57:13 PM EST
    Naturally :) (5.00 / 2) (#43)
    by Teresa on Thu Feb 12, 2009 at 10:58:26 PM EST
    I am having dinner tomorrow night (5.00 / 4) (#45)
    by oculus on Thu Feb 12, 2009 at 11:01:44 PM EST
    with my early-Obama-adopter friends.  I plan to sit very, very quietly and listen.

    Parent
    I have no shame (5.00 / 3) (#75)
    by gyrfalcon on Thu Feb 12, 2009 at 11:53:56 PM EST
    I say loudly and repeatedly, "I told you so!"

    Parent
    Funny (none / 0) (#85)
    by Socraticsilence on Fri Feb 13, 2009 at 02:48:02 AM EST
    they probably told you so about Obama being a winner.

    Parent
    Do they speak slowly (none / 0) (#51)
    by Socraticsilence on Thu Feb 12, 2009 at 11:08:27 PM EST
    so you can follow them? Seriously, though its a bit hard to judge people for adopting early on Obama- I mean should Obama supporters judge the Hillary deadenders (not PUMAs- everyone judges PUMAs, the people who flipped over to Obama when she dropped out in June of 08 but for some reason believed she had a chance at the beginning of March).

    Parent
    I knew then she couldn't win without (5.00 / 2) (#59)
    by Teresa on Thu Feb 12, 2009 at 11:16:54 PM EST
    the Super D's. That doesn't mean I didn't prefer her. Looking back, I'm glad she's no longer taking media hits, but I wish Obama was a little more like her in his priorities.

    I like him and truly hope he is the most successful President ever. I hope he gets a little meaner.

    Seriously, though, how can you not roll your eyes at some of this?

    Parent

    Did you mean when she was winning (5.00 / 5) (#62)
    by oculus on Thu Feb 12, 2009 at 11:17:48 PM EST
    all those primaries and Obama wasn't?

    But, to answer your question.  My friends talk and look at me to see if I've "gotten over it" yet or if I'm still bitter.  

    Parent

    I have to ask; (none / 0) (#81)
    by JThomas on Fri Feb 13, 2009 at 01:32:34 AM EST
    are you over it?


    Parent
    The one to ask (none / 0) (#83)
    by Cream City on Fri Feb 13, 2009 at 02:10:33 AM EST
    would be SocraticSilence.

    Parent
    All those primaries (none / 0) (#86)
    by Socraticsilence on Fri Feb 13, 2009 at 02:50:53 AM EST
    In early March- you mean after Obama had won 10 straight and effectively ended the race, allowing Hillary to continue on in a futile effort that most rational observers knew would only serve to enrich Mark Penn et al and eat through her own personal finances?

    Parent
    Socratic silence? (5.00 / 3) (#93)
    by ricosuave on Fri Feb 13, 2009 at 08:42:07 AM EST
    You betray your name by loudly beating a dead horse.  Stop being angry at other people for failing to see the wonders of Obama that were (and apparently still are) so plain to you.

    Someone asked a few posts back if a Hillary supporter was over it.  I think the question needs to be posed to you instead.

    Parent

    not so silent huh (5.00 / 1) (#94)
    by jedimom on Fri Feb 13, 2009 at 08:47:02 AM EST
    a little more silence would be golden

    my dont blame me I voted for Hillary bumper sticker looks better every day

    Parent

    Curious (none / 0) (#80)
    by cal1942 on Fri Feb 13, 2009 at 01:09:03 AM EST
    How will you react if they are still in worship mode and rationalize everything that's happened to date?

    Parent
    That is exactly what I expect (none / 0) (#100)
    by oculus on Fri Feb 13, 2009 at 09:34:52 AM EST
    to happen.  But, as I said, I plan to keep quiet and listen.

    Parent
    oculus (none / 0) (#117)
    by cal1942 on Fri Feb 13, 2009 at 02:31:19 PM EST
    please report back.  This could be interesting.  I'd bet you're right.

    Parent
    Well, we heard about the inauguration. (none / 0) (#118)
    by oculus on Sat Feb 14, 2009 at 12:14:47 AM EST
    Many people couldn't see or hear anything and, especially African Americans who had traveled a ways were quite vocal about that.

    Now as to how the administration is doing so far:  nary a word.  So I sd.:  I thought you all would be talking about the Obama administration tonight. Then it was time to leave.  Everyone agrees w/Krugman (well, except Obama).  

    Parent

    Everyone agrees with Krugman (none / 0) (#119)
    by cal1942 on Sat Feb 14, 2009 at 01:11:14 PM EST
    I'm impressed and at least a tiny bit hopeful. Well, a very tiny bit hopeful.

    Many thanks oculus

    Parent

    Wow (5.00 / 1) (#44)
    by lobary on Thu Feb 12, 2009 at 11:00:22 PM EST
    That is hysterical. My little pony, my little pony...

    Parent
    Please don't fuel Lambert's (5.00 / 1) (#46)
    by oculus on Thu Feb 12, 2009 at 11:02:28 PM EST
    unrealistic hopes.

    Parent
    Don't worry (none / 0) (#52)
    by Socraticsilence on Thu Feb 12, 2009 at 11:10:17 PM EST
    Lambert on Obama makes Andrew Sullivan on Hillary look objective! Its like listening to a right winger during the 90s.                                                

    Parent
    Didn't Gregg (none / 0) (#55)
    by CoralGables on Thu Feb 12, 2009 at 11:11:50 PM EST
    also announce today he wasn't running for re-election to the Senate or was that internet fodder.

    Parent
    He reportedly sd. that on C-Span 3. (none / 0) (#58)
    by oculus on Thu Feb 12, 2009 at 11:15:27 PM EST
    Unbelievable (5.00 / 1) (#74)
    by gyrfalcon on Thu Feb 12, 2009 at 11:52:32 PM EST
    Just unbelievable.  This person actually needs psychiatric help.


    Parent
    So I had to go look (none / 0) (#84)
    by Cream City on Fri Feb 13, 2009 at 02:11:33 AM EST
    and my go* but the commenters there make the diarist look sane.

    Parent
    Oooh. I forgot to ask my friend, who (none / 0) (#21)
    by oculus on Thu Feb 12, 2009 at 10:03:14 PM EST
    was at work all day and is not a blog addict.

    Parent
    Fertility Dr Strikes Again (none / 0) (#2)
    by dissenter on Thu Feb 12, 2009 at 09:38:44 PM EST
    This time it is quads for a 50 year old woman with no insurance. Thank God I am not a California taxpayer.



    I'm thanking God I'm not that (5.00 / 2) (#9)
    by Anne on Thu Feb 12, 2009 at 09:51:54 PM EST
    50-yr old woman who just had quads...I'm 55 with a 25 yr old and a 22 yr old - I cannot imagine having 4 babies at the age of 50.

    It's just so selfish and self-indulgent.

    Parent

    especially when... (5.00 / 1) (#11)
    by Dadler on Thu Feb 12, 2009 at 09:53:08 PM EST
    ...there are SO many kids out there in the foster care system just waiting for a "forever" family.  Breaks your heart.  

    Parent
    And imagine being 65 with four teenagers... (5.00 / 1) (#27)
    by byteb on Thu Feb 12, 2009 at 10:07:18 PM EST
    now, that's a frightening thought.

    Parent
    Not Yet (none / 0) (#13)
    by dissenter on Thu Feb 12, 2009 at 09:57:27 PM EST
    She is five months pregnant and in the hospital on bed rest for the next four months....with no insurance.

    But look on the bright side....she and her 30 year old husband have jobs. One is a contractor and the mother to be is an apartment manager. Well, I guess she was until she got pregnant with quads.

    She has three grown children from a previous marriage.

    Parent

    Ooops (none / 0) (#3)
    by dissenter on Thu Feb 12, 2009 at 09:39:37 PM EST
    Here is the link

    Parent
    This is why CA is in desperate (none / 0) (#17)
    by oculus on Thu Feb 12, 2009 at 10:01:25 PM EST
    need of federal $$$$.  

    Parent
    Tax Weed (5.00 / 1) (#23)
    by squeaky on Thu Feb 12, 2009 at 10:04:56 PM EST
    And use the state police to protect the crops.

    Parent
    Have you sent this idea to Arnold (none / 0) (#31)
    by oculus on Thu Feb 12, 2009 at 10:23:09 PM EST
    or the state legislature?  At the moment, they plan to increase state sales tax and gas tax.

    Parent
    Not really (none / 0) (#65)
    by FreakyBeaky on Thu Feb 12, 2009 at 11:22:14 PM EST
    Makes a nice talking point, though.

    Parent
    Recruit Salma Hayek (none / 0) (#25)
    by lobary on Thu Feb 12, 2009 at 10:06:57 PM EST
    She could help offset some of the food costs.

    Parent
    LoL.... (none / 0) (#91)
    by kdog on Fri Feb 13, 2009 at 08:14:37 AM EST
    I'll give her this...she doesn't sit around waiting for a bueracrat to send baby formula...Salma sees hunger and acts!  Very cool.

    Parent
    Oh, those irresponsible female breeders </s> (none / 0) (#71)
    by Spamlet on Thu Feb 12, 2009 at 11:38:26 PM EST
    I hate having to add the snark tag.

    Parent
    Clemens defamation suit dealt big blow (none / 0) (#4)
    by lobary on Thu Feb 12, 2009 at 09:42:20 PM EST
    A Houston federal judge on Thursday dismissed most of pitcher Roger Clemens' defamation lawsuit against the ex-trainer who says he injected Clemens with steroids and human growth hormone.

    U.S. District Judge Keith Ellison ruled that Brian McNamee did indeed have an immunity from being sued for the comments he made about Clemens to Sen. George Mitchell's investigators in a Major League Baseball sponsored look at steroid abuse in the sport.

    http://www.chron.com/disp/story.mpl/sports/6260550.html

    Looking at Clemens and not (5.00 / 3) (#6)
    by ThatOneVoter on Thu Feb 12, 2009 at 09:46:13 PM EST
    seeing someone who juices up is like looking at Burris and seeing a clean pol.

    Parent
    Both he AND Barry Bonds... (none / 0) (#15)
    by Dadler on Thu Feb 12, 2009 at 09:59:17 PM EST
    ...were Hall of Fame locks before they started juicing.  Just so pointless in the long run (both statistically and physically), which they obviously weren't pondering.  Which makes Ken Griffey Jr.'s onfield accomplishments, epspecially with all the injuries he's suffered, all the more impressive.  And a Derek Jeter.  Can you imagine if Randy Johnson juiced?  Ack, he probably did.  Forget it, the whole era is just "The Steroids Era" and that's it.  All those guys who played without the juice have to pay for these other guys' hubris.

    Parent
    ever seen a picture of Clemens (5.00 / 1) (#16)
    by ThatOneVoter on Thu Feb 12, 2009 at 10:00:46 PM EST
    in his early 20's? The man today looks like an alien compared to that beanpole.

    Parent
    So, if President Obama were to (none / 0) (#32)
    by oculus on Thu Feb 12, 2009 at 10:40:35 PM EST
    go on steroids, . . .

    Parent
    Carl Weathers (none / 0) (#54)
    by Socraticsilence on Thu Feb 12, 2009 at 11:11:25 PM EST
    during Predator!

    Parent
    Indeed (5.00 / 1) (#61)
    by CoralGables on Thu Feb 12, 2009 at 11:17:12 PM EST
    Very possibly all three that you mentioned experimented one time or another along with the entire NFL

    Parent
    I plan to keep a close eye (none / 0) (#69)
    by oculus on Thu Feb 12, 2009 at 11:32:30 PM EST
    on Percy.

    Parent
    Bonds may not be (5.00 / 2) (#70)
    by Cream City on Thu Feb 12, 2009 at 11:34:11 PM EST
    in the HoF -- or hold his record -- much longer.

    If Bonds loses in court, commissioner Bud Selig says he likely will award the title of home run king to Hank Aaron again.

    And that would be great.  Hammerin' Hank not only made his mark with what nature gave him but also is a quiet hero for so much more than baseball; his work in the civil rights movement was not well known but significant.

    Parent

    No... (5.00 / 1) (#92)
    by kdog on Fri Feb 13, 2009 at 08:18:56 AM EST
    that would be wrong on so many levels.

    Selig knew, or was willfully blind, when Bonds hit all those homers.  He had his chance to suspend him then, ask questions then, but did not.

    Hammerin' Hank will always be my home run king...but the record books should say Bonds.  MLB loved steroids and the profits they helped generate until the public made a stink...they made their bed and their official records should have to sleep in it.

    Parent

    The press and Congress made (none / 0) (#101)
    by oculus on Fri Feb 13, 2009 at 09:36:40 AM EST
    a stink.  My read is the public doesn't really care one way or another.

    Parent
    You're probably right... (none / 0) (#104)
    by kdog on Fri Feb 13, 2009 at 10:16:12 AM EST
    Sports Talk radio is mostly up in arms and "outraged", I hear you on the public, mostly ambivalent is probably more accurate.

    I've seen a couple letters to the editor in the papers though with people upset about it.

    Parent

    I think they're both still locks (none / 0) (#20)
    by lobary on Thu Feb 12, 2009 at 10:02:52 PM EST
    or at least they should be. Of course, they don't give me a vote. It will certainly be interesting to see how long the BWAA voters punish suspected juicers.

    Parent
    They SHOULD be in the HOF (none / 0) (#29)
    by Dadler on Thu Feb 12, 2009 at 10:10:40 PM EST
    Precisely because they already HAD the numbers.  But there are many players out there, and probably many who never made any big money, who didn't juice and paid with their careers essentially because they couldn't keep up with those East Germans, er, other players.  I'll tell you what, tho, I think it's a problem in the NBA, too.  Some of those bodies are simply otherwordly.  And in such a physically demanding sport, I have to believe, and have read as much, that there is a problem on the hardwood.

    Parent
    Have you ever seen (none / 0) (#67)
    by CoralGables on Thu Feb 12, 2009 at 11:26:34 PM EST
    Alonzo Mourning up close. His body could be an advertisement for the stuff. (whether he used or not)

    Parent
    Mourning had a kidney transplant... (none / 0) (#111)
    by MileHi Hawkeye on Fri Feb 13, 2009 at 12:16:45 PM EST
    ...and part of the daily cocktail of anti-rejection, et. al. drugs are steroids.  Several doses per day for as long as he lives.  

    Not the best way to have to live, but it beats the alternative.  

    Parent

    housing plans (none / 0) (#12)
    by jedimom on Thu Feb 12, 2009 at 09:54:11 PM EST
    are really hopping, brought the DOW back from down 200 to down 6 on the Reuters report, but conflicting reports on what it is

    the banks have been kicking n screaming to avoid principal writedowns and schumer spoke against a gop amend to stim to let everyone refi at 4.5% which was a plan floated by the FDIC and others initially

    suddenly that option is off the table, we need HOLC and many are asking for it but banks and it appears now Team Obama are resisting it, why?? it would solve the bad paper issues as well

    links and reports from the meeting with the Obama Housing Team and the banks and community groups here

    Because that would be REAL change (5.00 / 2) (#18)
    by Dadler on Thu Feb 12, 2009 at 10:01:26 PM EST
    And REAL change means actually shaking things up and rocking the boat, making the people with the fat wallets and the tiny d*cks mad at you.  I just don't believe Obama has it in him (yet?) to turns his back on that beltway/Ivy Leage crowd he worked so hard to become a part of.

    Parent
    A federal bankruptcy judge was (none / 0) (#24)
    by oculus on Thu Feb 12, 2009 at 10:06:05 PM EST
    advocating on behalf of a federal cram down bill on NPR tonight.  Kind of surprising.  Usually a sitting judge isn't so politically outspoken.  Well, with the exception of Ron George, CJ of the Cal Supremes.

    Parent
    Legal Eagles (none / 0) (#22)
    by dissenter on Thu Feb 12, 2009 at 10:03:36 PM EST
    As a matter of law, is there any reason that Holder or a state AG couldn't go into a courtroom and say that the credit derivative swaps were fraudulent and akin to illegal gambling and therefore not legal debt?

    I read on a British site last night that the EU is holding something like two times GDP in toxic assets too.

    At this point, isn't there a world motivation to go to court?

    That would clear the bank debt and everyone could find a reset button that isn't built on complete fantasy.

    Is this possible?

    Not all Credit Default Swaps ... (5.00 / 1) (#40)
    by santarita on Thu Feb 12, 2009 at 10:56:32 PM EST
    were  created equal.  Besides, I think that the these were lawful contracts.  Not void on their face.  The instrument is blameless.  It is how the instrument is used.  CDS don't cause runs on banks.  Bankers do.  And no I am not a member of the NRA.      

    Parent
    First they have to find the toxic stuff, (none / 0) (#26)
    by oculus on Thu Feb 12, 2009 at 10:07:09 PM EST
    then trace it, plus intent.  Doesn't sound likely.

    Parent
    oh they can find the debt (none / 0) (#28)
    by dissenter on Thu Feb 12, 2009 at 10:10:07 PM EST
    it is called opening the books. The reason I don't think the treasury will do that is because it will show every major bank in the US is insolvent and would start a world wide panic and run on the banks.

    They can also trace it. It is also traded on computers. Not hard.

    I do think a legal argument is there. I asked my dad about it...he is a lawyer. He said it is possible but won't happen because of politics.

    However, a world wide depression will trump politics and the losses of billionaires.

    Parent

    I like the Jon Stewart plan (none / 0) (#30)
    by ruffian on Thu Feb 12, 2009 at 10:22:49 PM EST
    Give the TARP money to the debtors on condition they repay their loans to the banks. Banks get their money back, credit derivative speculators win their bets and people keep their homes.

    I guess that wouldn't be fair to the people who bet against the load repayments though.

    Any solution is going to result in the banks having to finally reveal their insolvency. Geithner can't buy them time forever.

    Parent

    I honestly don't think he's trying to (none / 0) (#76)
    by gyrfalcon on Thu Feb 12, 2009 at 11:57:21 PM EST
    I'm begining to think we have GDS going around...

    Parent
    Is this news? Woman who (none / 0) (#33)
    by oculus on Thu Feb 12, 2009 at 10:42:52 PM EST
    made the Guinmess Book of World Records for having the world's longest fingernails (entirely gross-yards long and curving) no longer holds the record due to an accident.  See AP.  

    very gross. I guess she doesn't comment (5.00 / 1) (#37)
    by Teresa on Thu Feb 12, 2009 at 10:48:55 PM EST
    on blogs or do much of anything else. I can think of a lot of things I couldn't do with nails that long!

    Parent
    Ejected from SUV. Nails growing (5.00 / 1) (#39)
    by oculus on Thu Feb 12, 2009 at 10:55:08 PM EST
    since 1979.  AP has a photo.  Newsday doesn't.

    Parent
    I don't want to see it. I'm about to throw up (none / 0) (#42)
    by Teresa on Thu Feb 12, 2009 at 10:57:42 PM EST
    just thinking about it. I wouldn't eat anything her nasty nails touched! That's just plain gross.

    Parent
    Oh my gosh, I had to look. How in the world (none / 0) (#47)
    by Teresa on Thu Feb 12, 2009 at 11:04:14 PM EST
    does she zip her pants (among other things)??

    Parent
    The way I figure it, she has been (5.00 / 1) (#50)
    by oculus on Thu Feb 12, 2009 at 11:06:19 PM EST
    on bed rest in the hospital for 30 years.

    Parent
    She should have (5.00 / 1) (#64)
    by CoralGables on Thu Feb 12, 2009 at 11:21:19 PM EST
    attempted to swim the Atlantic before her finger nail accident. She could have been more legit than the last claimant by swimming faster using her finger flippers.

    Parent
    Or this: President Obama is trying (none / 0) (#36)
    by oculus on Thu Feb 12, 2009 at 10:47:13 PM EST
    to decide where to sign the stimulus bill.  How about the Oval Office?  Maybe he is afraid no one will show up to collect a pen and be in the photos.

    Parent
    Just so he doesn't have a special (5.00 / 1) (#79)
    by Inspector Gadget on Fri Feb 13, 2009 at 01:05:53 AM EST
    stage built with a giant replica of Lincoln's desk and a quill.


    Parent
    what (none / 0) (#96)
    by jedimom on Fri Feb 13, 2009 at 08:49:45 AM EST
    no barackopolis????

    Parent
    Liquidation vs. Going Concern Insolvency (none / 0) (#48)
    by santarita on Thu Feb 12, 2009 at 11:05:33 PM EST
    Just read an article in the NY Times talking about bank insolvency.  Nouriel Roubini and others are discussing the possibility that large banks may be insolvent.  I believe that they are talking about liquidation insolvency which is basically if the assets of the bank were liquidated today, would the proceeds be enough to pay all creditors at 100%.  Going concern insolvency would be that the banks don't have enough cash flow to pay debts on time.  So a bank that holds a lot of illiquid assets (like the so-called toxic assets) may be insolvent from a liquidation point of view but solvent from a going concern point of view.  The distinction is very important.  

    Makes sense (none / 0) (#68)
    by FreakyBeaky on Thu Feb 12, 2009 at 11:30:11 PM EST
    Why won't banks loan, even to other banks?  They know they are insolvent.  Furthermore, they know the other guy's bank is probably insolvent too.  The only option: hoard cash, as quickly and as much as possible.  

    I suppose I should read the article. :)

    Parent

    I think they mostly *don't know* (5.00 / 1) (#77)
    by gyrfalcon on Fri Feb 13, 2009 at 12:02:26 AM EST
    who's solvent and who's not, so safest to assume everybody's insolvent.

    Great argument, btw, for these good regional banks, like Citizens South, or your local community bank.

    The headquarters for mine is in a town of about 2,500, and the sign on the front of the bank says "Bank."  That's it, just "bank."  The owners live above the shop.  They recently, with huge ceremony, opened a branch 5 miles away in the next town.

    THe bank is private, totally healthy, completely solvent, way too small to be anybody's purchase target, making loans to locals for homes and businesses at the same rate they always did.  No CDOs or credit default swaps or any of that other **.

    Small is good, I'm thinking, when it comes to banks.

    Parent

    CNN Reports a plane crash in NY State (none / 0) (#49)
    by andgarden on Thu Feb 12, 2009 at 11:06:07 PM EST
    Meanwhile, new Krugman.

    Oh man, that looks bad. Fire everywhere (5.00 / 1) (#53)
    by Teresa on Thu Feb 12, 2009 at 11:11:09 PM EST
    and it hit a house.

    Parent
    In Buffalo (5.00 / 1) (#57)
    by andgarden on Thu Feb 12, 2009 at 11:14:37 PM EST
    42 were onboard, and I presume dead.

    Parent
    Sorry, 48 (5.00 / 1) (#60)
    by andgarden on Thu Feb 12, 2009 at 11:17:00 PM EST
    Oh, I just heard that. I was hoping it was a (5.00 / 1) (#63)
    by Teresa on Thu Feb 12, 2009 at 11:18:36 PM EST
    tiny commuter plane. This is awful.

    Parent
    He has a way of explaining things that (5.00 / 2) (#72)
    by Teresa on Thu Feb 12, 2009 at 11:38:46 PM EST
    even I can understand.

    And the rhetorical response of conservatives to the stimulus plan -- which will, it's worth bearing in mind, cost substantially less than either the Bush administration's $2 trillion in tax cuts or the $1 trillion and counting spent in Iraq -- has bordered on the deranged.

    It's "generational theft," said Senator John McCain, just a few days after voting for tax cuts that would, over the next decade, have cost about four times as much.



    Parent
    Yet he is the "shrill one." (5.00 / 1) (#73)
    by andgarden on Thu Feb 12, 2009 at 11:42:16 PM EST
    I think it was Krugman who (none / 0) (#114)
    by oculus on Fri Feb 13, 2009 at 12:43:34 PM EST
    enlightened me the AMT "fix" was for this tax year, but has been "fixed" on an annual basis each year.  Nothing new.  Isn't this important information?

    Parent
    No, we can't? Such heresy. (none / 0) (#56)
    by oculus on Thu Feb 12, 2009 at 11:13:11 PM EST
    On Marketplace tonight, a fellow from Deloitte was saying an extra $20 every two weeks in the ole payceheck will do wonders.  Go out to dinner.  Take in a movie.  Where?

    Parent
    Maybe (none / 0) (#66)
    by CoralGables on Thu Feb 12, 2009 at 11:22:36 PM EST
    Micky D's and Netflix

    Parent
    Clueless (none / 0) (#78)
    by gyrfalcon on Fri Feb 13, 2009 at 12:03:21 AM EST
    My $400 will pay for 3/4 of a tank of heating oil.

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    you're all lucky, I get zilch - stopped working (5.00 / 1) (#88)
    by suzieg on Fri Feb 13, 2009 at 06:07:13 AM EST
    after my last chemo therapy a year ago and my husband gets SS, so he'll get $300?

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    God Bless (5.00 / 1) (#97)
    by jedimom on Fri Feb 13, 2009 at 09:13:07 AM EST
    we are about to get our layoff notice is the rumor...perhaps the COBRA benefit in the stimulus can keep your health insurance going til your hubby is back to work..


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    Wall Street (none / 0) (#82)
    by squeaky on Fri Feb 13, 2009 at 01:56:59 AM EST
    Is the topic  of Michael Moore's new film:

    I am in the middle of shooting my next movie and I am looking for a few brave people who work on Wall Street or in the financial industry to come forward and share with me what they know. Based on those who have already contacted me, I believe there are a number of you who know "the real deal" about the abuses that have been happening. You have information that the American people need to hear. I am humbly asking you for a moment of courage, to be a hero and help me expose the biggest swindle in American history.

    All correspondence with me will be kept confidential. Your identity will be protected and you will decide to what extent you wish to participate in telling the greatest crime story ever told.

    If you have any info that would help, please contact me at my private email address: bailout@michaelmoore.com.

    C & L


    he's lost all credibility for me ever since (5.00 / 2) (#89)
    by suzieg on Fri Feb 13, 2009 at 06:08:45 AM EST
    he backed the only democratic candidate who was against universal/mandated health care! He has no principles....

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    My opinion exactly. (5.00 / 1) (#106)
    by robert72 on Fri Feb 13, 2009 at 10:29:34 AM EST
    And he went on Larry King and bashed Hillary and voiced his adoration for the person who didn't advocate UHC. It was as if he turned against everything in Sicko. No principles, as you say.

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    Obama in a speech about Lincoln (none / 0) (#87)
    by joze46 on Fri Feb 13, 2009 at 03:34:02 AM EST
    Please you have to understand that I am a supporter of Obama, I want to see him succeed and be part of that leadership that turns the page in history so to speak. I voted for him too.

    But face it what appears at one time in history is the right thing to do unravels at another time which could be counter productive for everyone.

    I saw the speech Obama made about Lincoln, I was much moved, and if Obama wrote that speech I am very impressed. However thinking through and reflecting on some of the speech that referred the civil war and Lincoln not punishing any of the southern solders was o.k. at the time. But for me, with that Southern leadership too, was not totally a good solution.

    The truth in reflection knows there was an explosion of cultural difference with Black and White that Obama left out of his speech. Legions of the Black populations that had little to no education are made free in an incredible social transition. A huge over sight for a huge change in thinking away from slavery.  

    The transition was awkward. Social needs in government could not and did not move fast enough.  A great deal of turmoil happened and many Blacks publically condemned, face it being free to a black at the time had to be a natural high that was hard to compare to. This whole culture went on for decades to the point were the White Southern population festered into segregation bias and literally manifested Republican Southern Red Neck Red State idealism that grew into a our current Republican run Bush and Company hypocrisy. Funny, this now includes all the trimmings in the debate of torture, bias, and a new hatred for, or by Islam now staring right in our face.

    My point is, at the least, Bush and Company should be publically humiliated, if not condemned to be jailed for years to establish the wrongs that have been endured during this administration. True this whole thing is a hard mess now to sort out of. Because it seems hard for our American elite, and for Obama who is now a member finds he is in the middle of hypocrisy politics and simply afraid to condemn that which he a part is of.        


    Reporters pre-selected at presser on Monday (none / 0) (#90)
    by jbindc on Fri Feb 13, 2009 at 07:59:07 AM EST
    Link

    Apparently, the reporters that were called on by Obama in his prime-time press conference were pre-selected in advance.  Hmmm...this reminds me of someone.....?

    Nothing wrong (none / 0) (#95)
    by CoralGables on Fri Feb 13, 2009 at 08:48:06 AM EST
    with him deciding who he will call on in advance. The only problem is if the questions and questioners are planted. The advantage everyone has with him using this method to call names is we don't have to watch the press act like a bunch of kindergarteners throwing up their hands and yelling out questions.

    Parent
    Of course there's something wrong (none / 0) (#98)
    by jbindc on Fri Feb 13, 2009 at 09:15:38 AM EST
    This just ensures that those friendly to him (with maybe a FOX occasionally thrown in) are the ones who get to ask questions, as opposed to someone who would dare challenge him.

    And of course, we still don't know yet if the questions were spoon-fed.

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    You're right (5.00 / 1) (#102)
    by CoralGables on Fri Feb 13, 2009 at 09:49:21 AM EST
    Helen Thomas is now taking spoon fed questions. If a Jeff Gannon opposite shows up you have a point. Until then you are trying to overhype a non-issue.

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    So, (5.00 / 1) (#107)
    by jbindc on Fri Feb 13, 2009 at 10:59:08 AM EST
    It's ok for Chuck Todd and some guy from HuffingtonPost to get to know in advance they are getting a question, but Olivier Knox from Agence France or Linda Feldmann from The Christian Science Monitro do not get to ask a question?

    Carol Marin, of Obama's hometown Chicago Sun-Times, wrote back in January:

    As ferociously as we march like villagers with torches against Blagojevich, we have been, in the true spirit of the Bizarro universe, the polar opposite with the president-elect. Deferential, eager to please, prepared to keep a careful distance.

    The Obama news conferences tell that story, making one yearn for the return of the always-irritating Sam Donaldson to awaken the slumbering press to the notion that decorum isn't all it's cracked up to be.

    The press corps, most of us, don't even bother raising our hands any more to ask questions because Obama always has before him a list of correspondents who've been advised they will be called upon that day.

    We reporters have earned our own membership in the Bizarro universe.

    Who are we, after all? The ones rapid-firing at Rod Blagojevich with tough questions until we drive him from the room? Or the Miss Manners crowd, silent until called upon, quietly accepting that only a handful of questions will be taken at a time?



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    FYI (none / 0) (#99)
    by jbindc on Fri Feb 13, 2009 at 09:17:59 AM EST
    William Lynn was confirmed last night as Deputy Secretary of Defense by a vote of 93-2 with 2 abstentions.  Voting NO were Coburn, Grassley, Cornyn, and McCaskill.  Abstaining were Gregg and Kennedy.

    Kennedy (none / 0) (#103)
    by CST on Fri Feb 13, 2009 at 10:00:55 AM EST
    Was he there and abstaining, or just missing?

    If it passed 93-2 how is it there are 4 names that voted no?

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    It was (5.00 / 1) (#105)
    by CoralGables on Fri Feb 13, 2009 at 10:23:02 AM EST
    93-4

    No:
    Coburn (R-OK)
    Cornyn (R-TX)
    Grassley (R-IA)
    McCaskill (D-MO)

    Did not vote:
    Gregg (R-NH)
    Kennedy (D-MA)

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    A 9/11 widow died in the Buffalo crash (none / 0) (#108)
    by Dadler on Fri Feb 13, 2009 at 11:32:02 AM EST
    When it rains... (5.00 / 2) (#109)
    by CST on Fri Feb 13, 2009 at 11:51:32 AM EST
    I just found out 4 of my boyfriend's cousins were on that plane.

    On that note, I am off to NY to lend a shoulder.

    Have a safe weekend everyone - I hope the karma gods are nicer to all of you.

    Parent

    Horrible. (5.00 / 2) (#110)
    by Cream City on Fri Feb 13, 2009 at 12:14:17 PM EST
    And may the force, some powerful force, be with you as you go to give the help you can to the family.

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    Wow (5.00 / 2) (#112)
    by squeaky on Fri Feb 13, 2009 at 12:20:18 PM EST
    That is almost 10% of the passengers.. Freaky, and so sorry for your loss. Sounds like a lot of shoulders are going to be needed where you are going. GOod for you that you are going..

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    My best thoughts... (5.00 / 2) (#113)
    by MileHi Hawkeye on Fri Feb 13, 2009 at 12:22:22 PM EST
    ...are with you and yours, CST!

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    CST, I know you aren't here to see this (5.00 / 2) (#115)
    by Teresa on Fri Feb 13, 2009 at 12:55:28 PM EST
    but I'm thinking of you and your boyfriend's family. I'm so very sorry. I wish you strength.

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    My hopes and thoughts... (5.00 / 1) (#116)
    by kdog on Fri Feb 13, 2009 at 01:14:01 PM EST
    are with you as well my friend...stay strong and your luck will turn kid...as hard as they may be to believe right now.  How awful...

    Your boyfriend is lucky to have you...as are all of us here at TL.  

    Parent