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Banks balk at rescue conditions
The New York Times is reporting that some banks are balking over the strings attached to their bailout cash. Good! That is the right response, and it shows that the Obama policies are right on. This is...
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AIG steals from the poor and gives to the rich
I was going to write an angry piece on the AIG bonuses, the kind that uses a flamethrower to incinerate the subjects of my wrath. Then I took a walk down to AIG headquarters on Pine St. in Lower...
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AIG execs were crooks: Washington Post
The story in the Times today trying to defend Geitner puts the blame for his bad judgment (really, a complete lack of political common sense) on faceless “government lawyers” who told the Treasury...
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Measure for measure: the case for mercy on AIG employees
James Barron and Russ Buettner write in a human interest piece in today’s New York Times that “many [A. I. G.] workers felt demonized and betrayed. ‘It is as bad if not worse than McCarthyism,’ [an...
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Populist anger justified — again
UPDATE AT THE BOTTOM OF THE PAGE!!! I know the readers of Cultural Capitol are probably sick of hearing me rant on this subject, and for your sake this will be my last post on the topic. The Editor has...
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CNN headline secret Cheney endorsement
This is CNN’s headline for a story in which Obama responds to Cheney’s tale that he has made America unsafe and prone to another terrorist attack: “On ’60 Minutes’ Obama rebukes Cheney criticism.'” I...
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Don’t cry for me A. I. G.
Jake Desantis’s (public) letter to Edward Liddy in today’s New York Times is just one more attempt by the the real media elites — the conservatives of both parties — to quash public outcry over the...
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On the road to a popular behavioral economics
Paul Krugman hit the nail on the head today with his Op-Ed. It reminds me why I like him in the first place. For those of you too lazy to click through to the essay and read it, I’ll give you a...
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Kumar is working for Obama
CNN is reporting that actor Kal Penn who played the lovable stoner Kumar in the Harold and Kumar movies will be working in Obama’s office of public liason. Sez CNN, “Penn will be primarily involved in...
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GM to sell Hummer brand to Chinese
Who is laughing now? Just five years ago some Americans were painting their Hummers in the stars and stripes, confident that the “liberation” of Iraq would bring global peace and low, low gas prices....
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