Posting History for shrike
|The Tale of Jeshua Cottontail - the Animal Messiah
As I am not religious but I do love animals I am posting this again for those who share those traits and like a good fable as well. Happy Easter all!
|Elizabeth Warren will not back ridiculous "Audit the Fed" bill
As I have been saying here, the "Audit the Fed" bill is nothing more than an attempt to weaken the Fed's independent role in monetary policy matters. Now Senator Warren agrees: Sen. Warren ...
|Black History - Obama Medal of Freedom recipient has died.
Barriers are broken one at a time - a thousand times over. Some may consider this one example small but I don't. Tiger Woods had it easy. Charlie Sifford was the truly the Jackie Robinson of golf.
|Credit rating firm S&P to be suspended for one year
Short diary here. I follow the financial industry closely and find this to be a fitting punishment for one of the worst actors in the 2008 financial meltdown. Standard & Poor’s will be suspended ...
|U.K. to Criminalize Manipulation of Financial Benchmarks
For those here who kept asking why bankers were not jailed for manipulating LIBOR and other rates here is the answer: It was not illegal but soon will be. LONDON—Manipulating financial benchmarks,
|Venezuela hires Goldman Sachs to stave off financial catastrophe
Socialist Venezuela would never sell out its friends to Wall Street, right? Yet it appears that is exactly what Caracas wants to do. Pressed by the oil price collapse, rattled by fears of default, ...
A whopping 65 percent of voters believe the country is headed in the wrong direction – the highest percentage the poll has ever measured before a midterm election. http://www.nbcnews.com/politics/
|Stiglitz is lying
This is his claim: The government, under the auspices of the Federal Reserve, lends money to the bank at a near-zero interest rate. The bank then lends it back to the government at 2 or 3 percent, ...
|Krugman on Geithner, "He was right, I was wrong"
Autopsies on the 2008 financial collapse are common but seldom have two of its bigger voices sounded off on the same topic in the same pages. Paul Krugman offers a review of Tom Geithner's new book ...
|Chris Hedges accused of plagiarism by The New Republic and Harpers
This is a serious charge so I won't make an editorial comment other than I expected better of Hedges. http://www.newrepublic.com/article/118114/chris-hedges-pulitzer-winner-lefty-hero-plagiarist ...
|Sista Sarah mocks Christians - compares waterboarding to baptism
"Come on. Enemies, who would utterly annihilate America, they who'd obviously have information on plots, to carry out Jihad. Oh, but you can't offend them, can't make them feel uncomfortable, not ...
|World's oldest bank struggling to avoid nationalization
ROME – Monte dei Paschi di Siena, Italy’s third-largest bank, plans to offer investors as much as 5 billion euros, or $6.9 billion, in new stock as it fights to avoid nationalization and braces ...
|Holder preparing to allow legal marijuana companies into the banking system
I didn't see any diary or FP article on this news from yesterday: WASHINGTON -- Attorney General Eric Holder says the Obama administration is planning to roll out regulations soon that would allow ...
|Fugitive banker apprehended for traffic violation after 18 months on FBI list
Brunswick -- Aubrey Lee Price, the South Georgia bank director accused of defrauding his clients and faking his death, is scheduled to make his first appearance before a judge on Thursday, about 48 ...
|Obama's indespensable man, known as the 'Warren Whisperer', to leave
WASHINGTON — Pete Rouse, President Obama’s “indispensable man” with a low profile and big footprint, is the quirky insider who built the Obama organization, hired nearly everyone from the ...
|Pizza Hut manager fired for refusal to open on Thanksgiving Day
Tony Rohr says he doesn't think people should have to work on a holiday like Thanksgiving. Rohr worked at Pizza Hut for more than ten years, but says he was fired recently because he refused to ...
|Bank of America executive found liable in fraud verdict
NEW YORK (Reuters) - The U.S. government urged that Bank of America Corp pay $863.6 million in damages after a federal jury found it liable for fraud over defective mortgages sold by its ...
|The Vitter Amendment? Senate Dems push bill to deny healthcare for Senate johns
Senate Democrats are fighting other Senators who wish to obstruct Obamacare. Namely, one David Vitter. If Vitter keeps pushing his amendment, they might advance one that strips the government ...
|The most loathsome quote of the year just came from a "progressive".
“we saw the coronation of the bonafide house negro of the Barack Obama plantation, our dear brother Al Sharpton .” West went further declaring that Sharpton’s decline was “supported by [...
|Lighten up Saturday night - the great male/female duets
Okay, (hopefully) this is just a fun diary where we can talk about something lightheartedly. The subject - great male/female duets. I nominate three: 1- Keith Richards and Norah Jones 2- Tom ...
|EU votes to cap banker boneses - UK opposes
BANKERS’ bonuses will be capped at a maximum of double their salary from 2015, as the EU Council pushed through the plan last night in the teeth of UK opposition. The measure will come in on 2014��
|June 16 - 80th Anniversary of Glass-Steagall and what FDR hated about it
Bloomberg has a nice look back at the most controversial element of Glass-Steagall today in an article entitled What FDR Hated About Glass-Steagall . http://www.bloomberg.com/news/2013-06-14/what-...
|Got 90's deja vu? Step right up!
OJ Simpson back in court? Check. New stock market highs daily? Check. Republickins ginning up fake nontroversy after fake controversy? Check. I am just venting here.
|Fannie Mae to send $59.4 billion to U.S. Treasury
(Reuters) - Fannie Mae (FNMA.OB), the nation's biggest mortgage finance company, on Thursday said it will pay $59.4 billion in dividends to the U.S. Treasury after a record profit in the first ...
|Buffett's 'Woodstock for Capitalists' says bankers are like heroin addicts
Quickly, this is just a glimpse into Warren Buffett's annual shareholder meeting for Berkshire that draws about 40,000 investors per year. It is being held this weekend. "What Cyprus demonstrates ...
|Where is your Gold Messiah now, Glenn Beck?
Gold is down well over $200 since Friday morning. It is down $120 in volatile trading just this morning. Why is this important? Another right-wing lie is falling apart. Hyperinflation has no ...
|Fannie Mae posts record annual profit as housing market improves
Mortgage finance giant Fannie Mae (FNMA.OB), helped by the U.S. housing market's continued recovery, posted an $17.2 billion annual profit for 2012 on Tuesday, its largest ever yearly gain and its ...
|Cyprus does U-turn - expected to accept EU conditions
NICOSIA, CYPRUS — Cyprus is expected to make a dramatic U-turn Saturday to avert the imminent threat of a financial meltdown, having signaled that it is willing to tax big savers in its stricken ...
|Want to hear some GOOD news here about Obama's success in mortgage financing for once?
I am really going out on a limb here and will talk up some great success stories of the Obama administration (unprecedented I know). Since 2009, almost 2.2 million homeowners have gotten HARP refis,
|Cyprus imposes immediate tax on all bank deposits to avoid default
Euro-area finance ministers agreed to an unprecedented tax on Cypriot bank deposits as officials unveiled a 10 billion-euro ($13 billion) rescue plan for the country, the fifth since Europe’s debt ...
|Intrade ceases operations
Intrade, the Internet's most famous marketplace of predictions, has shut down due to circumstances "which in accordance with Irish law" (it is based in Ireland) require the company to cease ...
|Wingnuts claim "Obama EPA Kills Power Plant, 3,900 Jobs in Texas"
http://nation.foxnews.com/power-plants/2013/01/24/obama-epa-kills-power-plant-3900-jobs-texas#ixzz2JEz8xmmI Fox News only linked the story from the Washington Times: Environmental Protection ...
|Boehner purging conservatives from committee assignments
If you are President Obama how do you know you are winning important current negotiations? Answer - when your opposition is experiencing dissension, chaos, and internal feuding. I will let the ...
|Senate votes with consumers/Fed/merchants against banks
By a 54-45 vote the Senate today voted to uphold the Fed's new rule of limiting debit card fees to .12c per transaction. This will endanger some $16 billion in swipe fees the banks collect from ...
|Ron Paul's Big Federal Reserve meeting sputters - Paulians abandon him
On Wednesday June 1, Ron Paul, the new House subcommittee Chair on Monetary Policy, held his first meeting on Fed transparency and oversight with the goal of eventually ending the Fed -- as has been ...
|Do you hear the silence? Federal Reserve releases super-secret loan data!
March 31 (Bloomberg) -- The Federal Reserve released thousands of pages of secret loan documents under court order, almost three years after Bloomberg LP first requested details of the ...
| FT eviscerates false Alan Greenspan claims on bank reform
As if Greenspan were not feeble enough already he is sounding off on FinReg these days - Alan Greenspan, the former Federal Reserve chairman, has attacked the Dodd-Frank financial ...
|US corn stockpiles fall 60% year over year
Much has been made of food "inflation" and the underlying causes of higher food prices seen in the last six months. Some have even attempted to blame Fed policy or speculators for higher prices and ...
|New Wall St Journal poll shows Obama w/ huge leads over GOP rivals
Short and sweet, lets get to the meat. But putting a specific Republican name into the question changes the picture. Mr. Obama leads former Massachusetts Gov. Mitt Romney by seven ...
|Rand Paul new low - a member of group that denies AIDS causality
Republican U.S. Senate nominee Rand Paul belongs to a conservative doctors’ group that, among other things, has expressed doubts about the connection between HIV and AIDS and ...
|President Obama live town hall on CNBC 12-1pm EST
The President will be taking questions live today on CNBC. The host is John Harwood - the very credible White House reporter for CNBC. They have a full auditorium and the audience is primed as ...
|Wall Street firms push mortgage relief plan for millions.
Reuters is reporting that a giant August Surprise is in the works - Rumors are running wild from Washington to Wall Street that the Obama administration is about to order government-...
|Creationism, Crazy-Cons, Breitbart, and Existentialism
Yesterday, the LA Times published an opinion piece from David Klinghoffer of the Discovery Institute. It is the epitome of the poker "tell" for the strife we will see in the GOP going forward. ...
|Obama signs Improper Payments Act into law today
In the din of the Sherrod situation and on the heels of yesterday's historic FinReg act, President Obama is still making hay while the sun shines.
|Teabag Nation LiveBlog on CSPAN
Its incredible. Joseph Farah of World Nut Daily is doubting the President's birth record. I cannot believe this shit.
|Situational terrorist ethics
Umar Farouk Abdulmutallab has been accused of a terrorist plot to destroy an aircraft containing hundreds of passengers in Detroit. So will conservatives object and cry if this guy is tried in the ...
|Long-time Obama supporter Jamie Dimon at Treasury?
With the heat intensifying on Tim Geithner at Treasury speculation is growing as to who his replacement might be. Jamie Dimon is a long time Democrat who knew President Obama while both were in ...
|Wall Street Titan calls for massive bank nationalization
You didn't hear about it today but they did on Wall Street. Venerated Henry Kaufman penned an editorial in the WSJ that laid bare the future of the Fed, Wall St, and Main St banking. You may read ...
|Finally! Former Citi CEO apologizes for role in mismanagement and bailout
Citigroup is the poster child for all that went wrong in the financial meltdown. Once the worlds largest financial institution its stock fell from $50 to $1 in 2008 as it narrowly avoided a ...
|Georgia Congressman Paul Broun proposes privatization of Medicare
(Oct 23, 2009) Rep. Broun claims that Medicare is "unconstitutional" and should be replaced with vouchers that could be redeemed with private health insurance companies.
|US Census drops ACORN
On the surface, this news item appears to be another victory for the Fox News crowd. The Census will not contract ACORN to help out in the 2010 census count.
|Comcast just whacked MSNBC in Atlanta
Right off the bat - Comcast has booted MSNBC off "Expanded" Cable in Atlanta - the same cable grouping that provides a subscriber ESPN, CNN, TLC, MTV, and TNT. I had MSNBC until today. So there ...
|Let's ride Rove dirty on 2010 - lower Medicare eligibility to 50
Assumption - the Public Option is in real or at least perceived trouble. Solution - avoid the obvious age and class conflict by enlisting your enemy on YOUR side in an electoral threat against the ...
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