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    • Could Obama have fixed the economy?
      I want to revisit this. Obama was the last person who had a real chance to change and fix things. A crisis is an opportunity. FDR used the Great Depression to change America. Reagan used stagflation to change America. Bush used 9/11 to change America. Obama could have used the financial crisis to change America. […]
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Where Have I Heard That Before?

From Politico:

Gov. Rod Blagojevich spoke with reporters for several minutes before taking a jog in snowy Chicago, telling them to “hang loose” to hear his side of the story. 

“I can’t wait to begin to tell my side of story, to address you guys and most important, the people of Illinois,” Blagojevich said. “That’s who I am dying to talk to.”

I could swear I heard that somewhere before.  Maybe it was here:

President-elect Barack Obama said he’s anxious to “correct immediately” some media reports on transition team contacts with Illinois Gov. Rod Blagojevich, but would hold off until next week as promised to federal authorities.

“It’s a little bit frustrating,” Obama said Wednesday at a Chicago news conference. “There’s been a lot of speculation in the press that I would love to correct immediately. We are abiding by the request of the U.S. attorney’s office, but it’s not going to be that long. By next week, you guys will have the answers to all your questions.”

No, that wasn’t it, and it wasn’t Rahmbo or JJJ either.  Now I remember!  It was this guy:

 

i-want-to-tell-you

(h/t Cinie)

————————————————————————————-

UPDATE

Somebody tell Lambert that reading is a life skill.  This post compares one person’s STATEMENT to O.J. Simpson’s STATEMENT and that one person is Rod Blagojevich. 

You can also let him know that posting privileges are a two-way street.  Since he saw fit to ban me from Corrente I think it’s only fair that he not comment on my posts here.

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Why Am I Not Surprised?

mediacorporatebullshitclintonbias

Which candidate represented Bush’s third term?  From Dana Milbank:

A month from now, the nation will say farewell to its sports-obsessed president who doesn’t like tough questions. And it will replace him with, well, another sports-obsessed president who doesn’t like tough questions.

[…]

But the Chicago Tribune’s John McCormick didn’t want to talk basketball. He wanted to know about contacts that Obama’s chief of staff, Rahm Emanuel, had with disgraced Illinois Gov. Rod Blagojevich.

“John, John, let me just cut you off,” Obama interrupted, “because I don’t want you to waste your question.” The president-elect said the “facts are going to be released next week” — when he, by random coincidence, will be enjoying Christmas vacation in Hawaii — and “it would be inappropriate for me to comment” before then. “So, do you have another question?”

[…]

McCormick’s exchange in Chicago yesterday brought to mind Bush’s tangle with David Gregory last year when the NBC newsman asked about an Israeli raid in Syria. “I’m not going to comment on the matter,” Bush said. “You’re welcome to ask another question, if you’d like to, on a different subject,” the president added.

Then there’s this little nugget from Politico:

Jay Carney is leaving Time magazine after 20 years to be Vice President-elect Joe Biden’s communications director in the White House, astonished magazine and gleeful transition sources said.

[…]

This is the second member of the media elite who has signed on with Obama’s administration. ABC News correspondent Linda Douglass joined the campaign as traveling spokeswoman, and now is working for Obama’s Presidential Inaugural Committee.

Hmmm.  Probably no big deal, right?  Jim Geraghty:

Job offers don’t come together overnight, and for obvious reasons, the hiring process and job interviews are usually confidential. But this means that now we have two examples where members of the press were “covering” the Obama campaign while at the same time angling for a job with them. Not exactly an ideal circumstance for criticism, fairness or objectivity.

Kinda like a the dog that’s supposed to be guarding the henhouse applying for a job as a fox.

we-told-you-so2

Wednesday: Blitzing the media

I’m running a bit behind this morning so I’ll make this brief.

I am astonished at the number of persuasive articles that have appeared in the NYTimes over the past couple of days regarding Caroline Kennedy’s interest in the Senate seat.  It’s amazing that there is anyone else that is interested in the seat.  Remember Carolyn Maloney and Kirsten Gillibrand?  The NYTimes doesn’t.

There is a crossover article about Obama’s $10 billion for early childhood education as well.  Caroline’s recent “work” has been for the City of NY in the education department.

None of these articles has been very convincing- to me anyway.  So what if she has a lot of advisors who will help her.  Anyone who dives into a senate seat mid-term is likely to get a lot of advice.  And it’s not necessarily true that she only plans to serve out the end of Hillary’s term.  Incumbancy is worth a lot.

But the number of articles written about Caroline has the familiar feel of a haka.  It’s not as ugly as an Obama haka but the persistent, intense projection of inevitability is unmistakable.  The Kennedy’s and Obama’s campaign is pulling out all of the stops and spending a lot of money in PR over this appointment.  It’s a reward for having helped Obama snag the nomination.  And it comes with Ted Kennedy himself pulling strings if she makes it. I detect the single minded determination of Uncle Teddy to have his way, just like he almost pulled it off in 1980.  This time it will be different.  He won’t be the president but he will definitely be running the show.  When it comes right down to it, the bribery doesn’t feel that much different than JJJr’s for Obama’s seat.  Senator Kennedy is promising massive fundraising and personal attention for New York’s problems.  Was he sitting on New York’s legislative initiatives before?  Did he threaten to if someone other than his niece got or retained the seat?

The question is, who would Lady Caroline serve?  The voters of New York or her uncle?

Even Drunken Sailors Would Be Ashamed

money-toilet

Remember that $700 BILLION that Wall Street needed NOW NOW NOW back in October?  From Mike Madden at Salon:

This won’t be news to anyone with a 401K or without a winning lottery ticket, but even though Treasury Secretary Hank Paulson has burned through almost all of the first $350 billion Congress authorized, it didn’t quite turn things around. The infusion of money may have kept credit from tightening up further, but it certainly didn’t jump-start the economy — banks didn’t resume lending to businesses and consumers.

[…]

So what went wrong — and where did all that money go?

A lot of it is, apparently, just sitting in the bank.

[…]

The feds were pumping money into these banks so they would feel free to make more loans — better, simpler, sounder loans. The epidemic of exploding mortgages and failing institutions would ease. But the banks did not start making new loans.

[…]

And as of a couple of weeks ago, Treasury had spent all but $15 billion of the first installment of the bailout money, and the administration may soon ask permission to tap into the second chunk, which they were supposed to leave for Barack Obama’s administration to disburse.

[…]

But the banks are used to getting their way, and there probably wasn’t much reason to think they wouldn’t this time around, too. The financial sector has always been a generous donor to political campaigns, and it gives heavily to both Republicans and Democrats.

[…]

Chances are they’ll keep getting their way, too, even after Obama takes power. His pick for Treasury secretary, Tim Geithner, was one of the prime architects of the government bailouts of Bear Stearns and, later, AIG, and may have been one of the main reasons why Lehman Brothers didn’t get the help they did.

With the exception of some evil Republicans who torpedoed the first House bill, both parties and the media cooperated to push this thing through even though the voters hated it.  The media even managed to spin the whole mess in a way to help Obama win the election (when they weren’t busy obsessing over Sarah Palin’s wardrobe.)

Executive pay was protected but homeowners weren’t.  The Bush administration just handed out wads of money to the banks with hardly any control over what the banks did with it.  I’m surprised they didn’t just give it to Bernie Madoff to invest.  Here’s the money quote:

“It’s amazing how quickly you can get through $350 billion.”

Some of us DFH moonbat libruls thought that the guv’mint should have focused on helping the little people, the Joe and Jane Bagodunuts types who are struggling to stay afloat.  But why focus when they can to f*ck us instead? 

In 1960 historian John D. Hicks wrote in Republican Ascendency 1921-1933 that:

As later events seemed to prove, money poured in at the top of the economic system tended to stay there, whereas money poured in at the bottom tended to rise through all levels of business and to strengthen the economy as a whole.”

Let’s party like it’s 1929!

You’ll Never Leave Harlan Alive

For POE

My favorite Patti Loveless song:

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