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    • Five Hundred Million Dollar Negative Yield Bond Issued
      No, central banks aren’t screwing the economy up with their purchases: Veolia (Paris:VIE) has issued a 500 million 3-year EUR bond (maturity November 2020) with a negative yield of -0.026 %, which is a first for a BBB issuer. To be clear, central banks didn’t buy those bonds, investors did. But central bank purchases of […]
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Zombie lies and the lying liars that tell them


I ran across this pile of shit over at Cinie’s place:

I remember the moment when the last vestiges of the admiration I had once felt for Bill and Hillary Clinton vanished.

By May 2008, Barack Obama had opened up an all-but-insurmountable lead over Hillary in the contest for the Democratic party’s presidential nomination. The former first lady was asked why, therefore, she was prolonging the battle, risking significant damage to the party in the process.

“We all remember Bobby Kennedy was assassinated in June in California,” she replied.

To raise the spectre of political murder in any campaign would have been startling. To do so against Obama – whose status as the first serious African-American candidate for the White House had obliged him to have secret service protection from a conspicuously early stage – was disgusting.

Hillary’s comment was even more incendiary because it came towards the end of a campaign in which the family that had dominated Democratic politics for most of the previous two decades had shown little reluctance to play the race card.

I don’t know who Niall Stanage is but he’s dumber than a drunken Blogstalker.  First of all, Hillary won the popular vote and only trailed in the pledged delegate race by 17 delegates AFTER the Rules & Bylaws Committee decision on May 31, 2008 AND with 908 “uncommitted” pledged delegates and all the superdelegates still not counted.

Secondly, the RFK Fauxrage has already been thoroughly debunked. Hillary was not “raising the spectre” of anything, against Obama or anyone else. The whole incident is a prime example of the pro-Obama lunacy that ran amok in Left Blogistan during the 2008 election.

Last of all, the only people “playing the race card” during the election (and repeatedly ever since) were Obama and his supporters.

So I would like to invite Mr. Stanage to kindly fuck off.



(zombie graphic courtesy of Joseph Cannon)

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