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Archive for the 'Democratic Idiocy' Category

In Which I Call Goldman Sachs and Bank of America: Since You Didn’t Need the Money, Can We Have It Back?

Posted by Brendan on February 12th, 2009 filed in Democratic Idiocy, big business as usual, calling bullshit, depression, economy, phone calls, politics

yesterday we learned that the CEOs of Goldman Sachs and Bank of America told the House Financial Services Committee that they “did not feel like [they] needed the 15 billion” in bailout funds:
Lloyd Blankfein, CEO, Goldman Sachs: “I don’t necessarily think it was necessary at the time, but — and this [...]

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BANK CEOS DROP BOMBSHELL: BAILOUT ACTUALLY NOT NECESSARY

I guess this means they’ll be giving the money back:
Lloyd Blankfein, CEO, Goldman Sachs: “I don’t necessarily think it was necessary at the time, but — and this was said at the time — they were looking ahead at an emerging recession that was going to get worse, and for prudential reasons, it was [...]

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The Democrats Angrily Stamp their Trotters

Jim Conte, art

This is rich:
As the country’s recession deepened, the government provided hundreds of billions of dollars of taxpayer funds to rescue the nation’s floundering banks. Now, lawmakers want to know how that money is being used: to increase lending to consumers or spent on executive bonuses, luxury jets, and posh trips to Las Vegas [...]

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OBAMA TO AMERICA: FUCK YOU AND YOUR RIGHTS

Obama breaks his promises:
Obama Administration Maintains Bush Position on ‘Extraordinary Rendition’ Lawsuit
February 09, 2009 2:44 PM
From Jake Tapper and Ariane de Vogue:
The Obama Administration today announced that it would keep the same position as the Bush Administration in the lawsuit Mohamed et al v Jeppesen Dataplan, Inc.
The case involves five men who claim to have [...]

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TOTAL RECALL IN PHILLY

California voters kicked out Gray Davis. Philadelphians can do the same with the Mayor.

well, well, well! Here’s an interesting little chapter of the Philadelphia Home Rule Charter:
Article IX.
REMOVAL OF ELECTIVE AND APPOINTIVE OFFICERS
CHAPTER 1
Recall of Mayor and Other Elective Officers
[snip]
CHAPTER 1
Recall of Mayor and Other Elective Officers
Section 9-100
Officers Subject to Recall.
Any person holding any elective [...]

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MICHAEL NUTTER STILL ISN’T LISTENING, STILL FULL OF BALONEY

We’re now within days of starting a new city budget process in which I’ll be asking for citizen input, ideas and priorities BEFORE I put together a proposed budget to present to City Council.
In recent weeks, I’ve been talking at churches, barbershops and homes. I’ve talked to block captains and folks in diners. I’ve told [...]

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Evan Bayh Is Not an Idiot. He’s More of a Moron.

Evan Bayh is one of the Gang of 18 Douchebags, a group of short-sighted greedhead corproate knob-gobbling centrist senators who are trying to gut Obama’s stimulus bill, by stripping nearly $100 billion in spending.
I can understand why Evan Bayh would be part of this group. Obviously, Indiana’s 8.2% unemployment rate is something Evan Bayh [...]

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Gang of 18 Democratic Douchebags and their GOP Buddies

Chris Bowers provides a helpful list of the Democrats determined to make sure Obama’s stimulus fails. If the bill is weakened or stalls, and the economy continues to spiral into depression, blame these assholes:
the “Gang of 18″ Senators–aka, the Collins-Nelson group to strip tens of millions of dollars from the stimulus package. With some light [...]

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Atrios Speak, You Listen

Super Shitpile:
For over a year the one point that I and others have been trying make is that the polite fiction that masters of the universe of Wall Street and their defenders in the media and Congress have been trying maintain, that this is liquidity crisis not an insolvency crisis, is utter horseshit. They made [...]

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LARRY SUMMERS TO AMERICA: EAT SHIT!

Posted by Brendan on February 4th, 2009 filed in Democratic Idiocy, anger, calling bullshit, corporate deadbeats, depression, economy

Via Jane Hamsher:
Yum. Get ‘em while they’re hot:
Instead of taking a single approach, the Obama administration plans to divide assets and other loans into three categories, each with its own solution, according to sources familiar with the discussions, speaking on condition of anonymity because the details are not finalized.
[...]

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