Conflucians Say: The Good, the Bad and the Bankers

Which is which in the showdown scenario?: Tune in tonight at 10PM EST for Conflucians Say where we’ll figure out whose gun is loaded and who digs.  That on PUMA United Radio (PURrrr)

Thursday: High Noon at the Banker Corral

Simon Johnson is saying we’re headed for a showdown with the bankers. The forbearance strategy that Obama is using is going to prolong the problem and cost us a lot more money in the form of much higher taxes if Treasury does not force the bankers to back down. Incredibly, the finance industry, especially Goldman-Sachs, [...]

Media Not Covering Obama Double Murder

It was inevitable that this would happen: WASHINGTON—More than a week after President Barack Obama’s cold-blooded killing of a local couple, members of the American news media admitted Tuesday that they were still trying to find the best angle for covering the gruesome crime. “I know there’s a story in there somewhere,” said Newsweek editor [...]

Wednesday: Rent and Taxes

Simon Johnson had a cryptic post at baselinescenario the other day about money managers and shareholders.  Naked Capitalism followed it up yesterday with a post about John C. Bogle, head of the Vanguard Group and his proposals for a new fiduciary relationship between money managers and their customers. One thing I found astonishing was that [...]

Florida Blogger in David-and-Goliath Battle with Goldman Sachs

On Saturday, April 11, The Daily Telegraph reported that investment giant Goldman Sachs has retained Chadbourne & Parke, a Wall Street law firm, to shut down the website of Mike Morgan, a Florida blogger and registered investment advisor. Morgan, who just set up his blog in late March, is currently gathering volunteers to help him [...]

Tuesday: Franken wins. Finally. Sort of.

A three judge panel ruled that Franken was the winner of November’s election and firmly rejected Norm Coleman’s claims to the contrary.  This after a 3 month trial where Norm Coleman tried to get many previously rejected absentee ballots included but instead only increased Franken’s lead over him.  Franken wins by a little over 300 [...]

Monday: Slitting our own throats

Tyler Durden guest posted at Naked Capitalism yesterday.  Most of the post is beyond my economic paygrade, though Dakinikat might be able to provide us with the Cliff Notes later.  But I did find his overall observation very astute: With articles like this coming out of Time magazine, it is inevitable that in the immediate [...]

The Rescue of Captain Phillips

Thank goodness for the Navy snipers who were able to take out three of the four Somali pirates holding Captain Richard Phillips hostage. Credit also goes to the crew of Phillips’ ship, the Maersk Alabama, who fought back when the pirates tried to take control of their vessel. At No Quarter, Larry Johnson, who obviously [...]

Sunday: Guns and Roses

A couple of days ago, Joseph Cannon responded to this “make nice” sentiment from someone at Democratic Underground who wanted to put the bloody primary battle behind him: Sure the Primaries were brutal around here and I’m told I was lucky to have joined after the 2004 election. I know I’m still nursing bruises from [...]

Breaking News! Obama Kids Finally Get a Puppy!

It’s a Portugese Water Dog, a present from Senator Ted Kennedy, according to the Washington Post. The identity of the first puppy — the one that the Washington press corps has been yelping about for months, the one President Obama has seemed to delight in dropping hints about — leaked out yesterday. This despite White [...]