• Tips gratefully accepted here. Thanks!:

  • Recent Comments

    katiebird on Serial: I think I figured it…
    katiebird on Serial: I think I figured it…
    katiebird on Serial: I think I figured it…
    strangelybrown on Serial: I think I figured it…
    riverdaughter on Serial: I think I figured it…
    elliesmom on Serial: I think I figured it…
    katiebird on All Roads Lead to Jay
    riverdaughter on All Roads Lead to Jay
    katiebird on All Roads Lead to Jay
    katiebird on All Roads Lead to Jay
    katiebird on Getting a jump on Serial,
    riverdaughter on Getting a jump on Serial,
    katiebird on Getting a jump on Serial,
    katiebird on Getting a jump on Serial,
    riverdaughter on Getting a jump on Serial,
  • Categories


  • Tags

    abortion Add new tag Afghanistan Al Franken Anglachel Atrios bankers Barack Obama big pharma Bill Clinton Chris Christie cocktails Conflucians Say Dailykos Democratic Party Democrats Digby DNC Donna Brazile Economy Elizabeth Warren feminism Florida Fox News General Glenn Beck Glenn Greenwald Goldman Sachs health care Health Care Reform Hillary Clinton Howard Dean Joe Biden John Edwards John McCain Jon Corzine Karl Rove Keith Olbermann Matt Taibbi Media medicare Michelle Obama Michigan misogyny Mitt Romney Morning Edition Morning News Links Nancy Pelosi New Jersey news NO WE WON'T Obama Obamacare occupy wall street OccupyWallStreet Open thread Paul Krugman Politics Presidential Election 2008 PUMA racism Republicans Sarah Palin sexism Single Payer snark Social Security Supreme Court Terry Gross Texas Tim Geithner unemployment Wall Street WikiLeaks women
  • Archives

  • History

    November 2014
    S M T W T F S
    « Oct    
     1
    2345678
    9101112131415
    16171819202122
    23242526272829
    30  
  • RSS Paul Krugman: Conscience of a Liberal

  • The Confluence

    The Confluence

  • RSS Suburban Guerrilla

  • RSS Ian Welsh

    • A word on Abenomics, QE and doing Stimulus right
      Quantitative Easing, to put it simply, no matter what form you do it in, is only marginally effective. Most of the money goes to the rich, you may or may not get a technical win in GDP, and in many cases the money may flow out of the country. If you want to improve the [...]
  • Top Posts

Conflucians Say Tonight on Blogtalkradio

Think Virtually Speaking is the only game in town?  Not so fast.  We started Conflucians Say a couple of years ago.  It’s kind of like The View except we’re unpaid, political junkies who no one has ever heard of.  One thing is for sure: we are the other side of the lefty blogosphere.  You know, the ones who got it right?  Not that we’re keeping score or anything.

Join us tonight to find out whether RD can remember how to work the damn switchboard.  We’ll go over current events from the bitter knitters’ POV.

It’s tonight at 9:00pm EST on blogtalkradio.

Conflucian’s Say: Stress and Shin Splints

How are you handling the Great Recession of 2009?  Are you getting enough sleep?  Eating well?  Exercising? Wanna talk about it?  Join us tonight at 10PM EST for Conflucians Say  on PUMA United Radio for the Wellness Edition, among other things.

Update:  Whooops!  There is no show scheduled tonight.  Next week for sure.  But let’s not waste a post.  How are you handling the recession?

Conflucians Say: The first 100 days and the pandemic panic of 2009

How has Obama done in his first 100 days? Did he meet or fail to meet your expectations?  What is his overall grade?  How about individual performance on the economy, health care, foreign policy, constitutional issues, balance beam and uneven parallel bars?

And for your homework, study this image:

3d_influenza_virus1

There will be a quiz on it later.

Join us at 10PM EST for Conflucians Say on PUMA United Radio (PURrrr)

Conflucians Say: SOS edition

It’s Shakespeare’s B-day:

Include your favorite quote in the comments.

PUR is still working for us but who knows when Conflucians Say will be shut down and we’ll be forced to move to a new venue?  Hey, it could happen during tonight’s show!  That’s how far out on a limb we’re going.  We’ll be catching up on all things Secretary of State related and maybe Dakinikat will tell us what’s up with the banks and why are they forcing GM into bankruptcy.

Join us for Conflucians Say at 10PM EST on PUMA United Radio (PURrrr)

Conflucians Say: The Dark Side of the economic meltdown

Like there’s a good side, right?

From Market-Ticker: What’s Dead (Short Answer: All Of It)

Just so you have a short list of what’s at stake if Washington DC doesn’t change policy here and now (which means before the collapse in equities comes, which could start as soon as today, if the indicators I watch have any validity at all. For what its worth, those indicators are painting a picture of the Apocalypse that I simply can’t believe, and they’re showing it as an imminent event – like perhaps today imminent.)

  • All pension funds, private and public, are done. If you are receiving one, you won’t be. If you think you will in the future, you won’t be. PBGC will fail as well. Pension funds will be forced to start eating their “seed corn” within the next 12 months and once that begins there is no way to recover.
  • All annuities will be defaulted to the state insurance protection (if any) on them. The state insurance funds will be bankrupted and unable to be replenished. Essentially, all annuities are toast. Expect zero, be ecstatic if you do better. All insurance companies with material exposure to these obligations will go bankrupt, without exception. Some of these firms are dangerously close to this happening right here and now; the rest will die within the next 6-12 months. If you have other insured interests with these firms, be prepared to pay a LOT more with a new company that can’t earn anything off investments, and if you have a claim in process at the time it happens, it won’t get paid. The probability of you getting “boned” on any transaction with an insurance company is extremely high – I rate this risk in excess of 90%.
  • The FDIC will be unable to cover bank failure obligations. They will attempt to do more of what they’re doing now (raising insurance rates and doing special assessments) but will fail; the current path has no chance of success. Congress will backstop them (because they must lest shotguns come out) with disastrous results. In short, FDIC backstops will take precedence even over Social Security and Medicare.

And that’s just the first half of the list.

The President is thinking about ways to save money:

Why Would the Obama Administration Want to Make Vets Buy Private Insurance for Their Health Care?

I am not a health care wonk but some of my good friends are, so I’ll refrain from pretending I can construct a health care argument whereby this makes sense (or doesn’t, for that matter). Instead, as a moral matter, veterans deserve free, government-provided health care. As a political matter, why the Obama administration would want to squander its good will in the military community is completely beyond me. Murray calls the plan DOA, as she should. But why should it be considered seriously in the first place?

Has lying become the underlying theme?  More from Market Ticker:

“The Bezzle” Defined

Here are some examples of “The Bezzle”:

  • Liar loans: The borrower can’t possibly pay off the loan on the original agreed terms and the institution that makes the loan “passes it” to an investor fully aware that the borrower almost certainly lied about credit capacity.
  • Overly-rosy projections about growth in property values: The speaker is either incompetent (doesn’t understand exponents – a fundamental mathematical concept) or is intentionally deceiving people.
  • Overly-rosy projections about the stock market: “The market always comes back” and “over long periods of time it outperforms other investments.”  Both true, but both misleading; if you’re 18 you might be able to wait for it to come back, but the market has remained flat to down from a given level for more than 20 years before.  How long did you say it was before you intended to retire?
  • “The Internet is doubling every three months!”:  It was – for about six months.  But that got embedded into the business plans of thousands of businesses, long after the growth rate had started to slow down to something more sustainable.  Oh by the way, the fundamental lie of that claim is that in 7 years  the Internet would have gone from its original two people to covering more than the entire population of the planet, including the rice farmer in China and the starving child in Bangladesh.

In short The Bezzle is “the lie” that is always present in business.

The truth is always some degree of lying in business transactions – always has been, always will be.  And so long as The Bezzle doesn’t become the underlying theme in business, it simply bankrupts the people who try to run it when they get discovered.

But when The Bezzle becomes the underlying premise and basis for business transactions that entire segment of the market is doomed.

All this and more will be discussed tonight on Conflucians Say: The Dark Side of the economic meltdown

Conflucians Say tonight at 10PM EST

Conflucians Say tonight at 10PM EDT

Please join me (Katiebird), BostonBoomer, and Dakinikat at Conflucians Say:
Time: 10pm Eastern
Call-in Number: (347) 539-5420

Comments closed until after the show

Conflucians Say: What do we want? Accountability! When do we want it? LAST SUMMER!

I was perusing the NYTimes this morning, because I do happen to believe that news is what they do best, (when they’re not the tools of someone who is trying to manipulate the public), when I ran across this little tidbit: Bloggers and Unions Join Forces to Push Democrats to the Left.  That’s interesting, thought I.  They must be talking about us, People United Mean Action and Party Unity My Ass bloggers who tried to get the country’s attention last year after the RBC meeting.  You know, the unParty that wrote the book on PUMA Power and how it was really important to try to get the Democratic Party’s attention *before the nomination* because afterwards, they don’t have to listen to you?  Wow!  What an opportunity for bloggers to join up with the unions and really shake things up!  I mean, we have credibility for seeing Obama and the Democrats as they really are. Our predictions were deadly accurate where Obama was concerned.  Surely, SURELY, we now have the recognition we deserve.

Alas, it is not to be:

Ms. Hamsher said Accountability Now — which will also have support from the Service Employees International Union, one of the nation’s largest service sector unions, and the Web site DailyKos.com — would concentrate more fully on candidate recruitment on a statewide level.

“We’ve gone out to the state blogs asking them to put together research on people who they think are good candidates who should be on our radar,” she said. “We’re not just parachuting in.”

{{Snort!}} DailyKos?  I’m sorry but weren’t they swimming in Kool-ade just last week?  The problem with the big orange cheeto is that the people who hang out there now are incredibly vulnerable to suggestion.  They don’t stand a chance against the Axlerod trained psych infiltrators who derail them with remarkable alacrity.

As for Jane Hamsher and Glenn Greenwald, I used to admire them both.  But I was so disappointed to see how thoroughly they bought into the Obama mystique and how nasty they were to Palin.  They wasted a lot of energy on distraction when they should have kept their eyes on the ball and Obama’s feet to the fire.  It didn’t help that they treated the “old coalition” like red-headed stepchildren.  Oh, that’s right.  We were racists because we refused to recognize the divinity of Jesus Christ Obama.

Accountability now or Better Late Than Never?

Stay tuned for Conflucians Say tonight at 10PM EST when we discuss Accountability Now, books with good moments but bad quarters of an hour and acquaintances who don’t know when to stop digging.  It’s on PUMA United Radio!  (PURrrr)

conflucians2

Conflucians Say: “Fire!” over Social Security

Well, the Obots can’t say they weren’t warned about Obama.  We told them he wasn’t a liberal.  It looks like he is onboard with tinkering with Social Security.  If I were him and actually *cared* about the economy, I would back away from Social Security reeeeal slllloow like.  It’s not just a retirement fallback, it’s an insurance policy against risk.  Without it, how many Americans in the past 6 decades wouldn’t have changed jobs or started their own businesses?   There are too many short term thinkers with tunnel vision where social security is concerned.  Social Security makes entrepreneurship and creativity possible.

But leave it to Obama to want to have a “fiscal responsibility” conference to discuss how we might cut benefits for those under 55.  That would include yours truly who just lost a whopping amount in her 401K.  Yep, at this rate, I’ll be working until the day I die.  If I’d known that, I would have demanded more vacation time and higher wages.  Leave it to the well heeled to pull the rug out from under you when it’s too late to get back on your feet.

So, how do we raise the alarm?  And how do we coordinate our messages with the people who scorned us last year but are having a case of buyer’s remorse now? Stayed tuned for Conflucian’s Say tonight at 10PM EST to find out if we have any answers or just more questions.

conflucians

Follow

Get every new post delivered to your Inbox.

Join 471 other followers