Have you seen the Fed's balance sheet lately?

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Thursday October 02, 2008 · 3:25 PM PDT

2008/10/02 · 15:25

Today the Federal Reserve released its weekly balance sheet:

http://www.federalreserve.gov/...

The liability side of the balance sheet comprises the monetary base, which is currency and deposits held in reserve by various entities with Federal Reserve banking system.

Today's balance sheet shows an increase of $372 billion in Fed liabilities since October 3, 2007, when they totalled $902 billion. Now they total $1,361 billion, representing a huge, unprecedented increase of 41 percent. The increase since just last week alone, September 24, is $191 billion.

stunster

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Wednesday September 20, 2006 · 9:51 AM PDT

2006/09/20 · 09:51

Earlier this morning I caught the end of Hugo Chavez's address before the UN General Assembly and heard him in essence call Bush 'the Devil', quipping that he can still smell the sulfur from Bush's visit to the podium yesterday, before making the Sign of the Cross and a 'praying' gesture. He also held up one of Chomsky's books and urged everyone to read it (sorry, I didn't catch the title).

CNN's flunkeys immediately did their scorn/outrage/link-to-Iran/link-to-terrorism-and-drugs routine, and their anchor gal had me doing my own little scorn routine when she announced that because of a 1 billion dollar arms deal Venezuela has made with Russia, how scary the Latin American country's dangerous aggression is becoming.

Anyway, Chavez reminded me of two rants I wrote in September and October of 2004 on dailykos.
Read More

8 US troops KIA in Iraq yesterday

stunster

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Monday September 04, 2006 · 10:46 AM PDT

2006/09/04 · 10:46

I just turned on the TV expecting to be hear something about the 8 US troops KIA in Iraq yesterday.

Instead, we were told by MSNBC only that "2 Marines were killed yesterday in Anbar Province".

No, it was 8.

You can check out the details here:

http://icasualties.org/... Read More

Bushonomics: The Awful Truth Laid Bare

stunster

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Sunday August 27, 2006 · 7:52 PM PDT

2006/08/27 · 19:52

It's no surprise. We all knew what Bushonomics was all about. Still, it's good to see it in black and white, and looking even worse than we thought.

New York Times

Real Wages Fail to Match a Rise in Productivity
By STEVEN GREENHOUSE and DAVID LEONHARDT
With the economy beginning to slow, the current expansion has a chance to become the first sustained period of economic growth since World War II that fails to offer a prolonged increase in real wages for most workers.
That situation is adding to fears among Republicans that the economy will hurt vulnerable incumbents in this year's midterm elections even though overall growth has been healthy for much of the last five years.

stunster

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Friday July 28, 2006 · 1:22 PM PDT

2006/07/28 · 13:22

'Yes' and 'You bet' would seem to be the answer.

A new study reports that Denmark is the 'happiest place on earth'.

Adrian White from the University of Leicester in the UK used the responses of 80,000 people worldwide to map out subjective wellbeing.
Denmark came top, followed closely by Switzerland and Austria.

So western Europe captures the top three spots! Read More

New Nasrallah statement-'POST-HAIFA PHASE'

stunster

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Tuesday July 25, 2006 · 3:40 PM PDT

2006/07/25 · 15:40

on al Manar TV a short time ago Nasrallah made this apparently recorded statement. Here is a rough translation. Not sure what to make of it, but it could be pretty worrying, depending on what the 'post-Haifa' and 'beyond post-Haifa' language means. Possibly missiles fired at Tel-Aviv. Possibly bluff or desperation. Who knows? Translation over the jump. Read More

The New Republic: Israel Should Attack Syria

stunster

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Monday July 17, 2006 · 11:48 AM PDT

2006/07/17 · 11:48

Via Brad deLong comes word of the type of shit you can't make up.

Says Brad:

Neither the Onion nor Fafblog! can compete with the New Republic!

Wasn't TNR recently in the business of publishing nonsense about kos and the kosophere?

I didn't read all the ins and outs of that fracas.

Still, if anyone needs more ammo, this effort by Michael B. Oren may provide it. Read More

A bombshell in Mexican election?

stunster

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Thursday July 13, 2006 · 10:01 PM PDT

2006/07/13 · 22:01

It was reported this morning by La Jornada that 301,993 more votes were supposedly cast in the state of Guanajato than the number of people officially of voting age in that state as determined by the public census agency.
Read More

Tell 'em to go fuck themselves

stunster

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Monday July 10, 2006 · 3:27 PM PDT

2006/07/10 · 15:27

Economist's View reports on careful recent research detailing what modern Republican economic policy and ideology are all about, when you get right down to it:

July 10, 2006
New Data Show Increasing Income Inequality
Data on income inequality from the CBO do not extend past 2003 so we haven't been able to say too much about changes in the income distribution since then. However, new data reviewed by the Center on Budget and Policy Priorities overcomes this and allow changes in the income distribution between 2003 and 2004 to be examined.

What do these new data show? Find out after the jump. Read More

Bush's Stagflating and Unfair Economy

stunster

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Thursday June 01, 2006 · 4:38 PM PDT

2006/06/01 · 16:38

Real wages look set to fall further as stagflationary trends intensify:

Investors got mixed signals on inflation in a raft of new economic data on Thursday, with a key gauge of wage inflation posting an improved reading while a barometer of manufacturing prices posting a sharp increase.

stunster

Community (This content is not subject to review by Daily Kos staff prior to publication.)

Monday May 29, 2006 · 11:53 AM PDT

2006/05/29 · 11:53

From The Independent (UK) newspaper:

Bush 'planted fake news stories on American TV'

Federal authorities are actively investigating dozens of American television stations for broadcasting items produced by the Bush administration and major corporations, and passing them off as normal news. Some of the fake news segments talked up success in the war in Iraq, or promoted the companies' products.
Investigators from the Federal Communications Commission (FCC) are seeking information about stations across the country after a report produced by a campaign group detailed the extraordinary extent of the use of such items.

I fear for the cause of genuine democracy in the USA. I fear that November may be its last-chance saloon. The concentration of wealth and power may be leading America to become essentially a one-party state. Read More

Can you say, 'Mother of All Smokescreens'?

stunster

Community (This content is not subject to review by Daily Kos staff prior to publication.)

Saturday May 21, 2005 · 7:03 AM PDT

2005/05/21 · 07:03

Americans are righteously indignant that UN officials, French and Russian politicians, and uppity Scotsmen aided and abetted the dastardly designs of the Adolf Hitler of our time. The United States is a beacon of integrity in an otherwise shameless, corrupt world. The USA is a bastion of decency, where moral revulsion at brutal, terrorism-sponsoring dictators and outraged opposition to invaders of sovereign nations is a way of life. Thus, no self-respecting American would ever illegally succour the icon of savage tyranny that is Saddam Hussein by engaging in dubious oil shipments and paying kickbacks to the mass-murdering Beast of Baghdad. Right? Wrrrrrrrrroooonnng! (Continued below the fold) Read More

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Have you seen the Fed's balance sheet lately?

Chavez at the UN: Bush = Devil (with poll)

8 US troops KIA in Iraq yesterday

Bushonomics: The Awful Truth Laid Bare

Is Social Democracy good for human happiness?

New Nasrallah statement-'POST-HAIFA PHASE'

The New Republic: Israel Should Attack Syria

A bombshell in Mexican election?

Tell 'em to go fuck themselves

Bush's Stagflating and Unfair Economy

A free press? BushCo planting faux 'news'

Can you say, 'Mother of All Smokescreens'?