headermask image

header image


Daily Archives: September 29th, 2008

we must have “sucker” written all over us


I just heard my favorite congressperson, Peter DeFazio of Oregon, on with Randi Rhodes say that:
(1) credit unions are doing just fine (they’re owned by their members, and are an atypical corporate creature); and
(2) businesses are turning to credit unions after being denied credit by their commercial banks; and
(3) those commercial banks are refusing their [...]

rejected, for all the wrong reasons


In a moment of historic drama in the Capitol and on Wall Street, the House of Representatives voted on Monday to reject a $700 billion rescue of the financial industry.
The vote against the measure was 228 to 205. Supporters vowed to try to bring the rescue package up for consideration against as soon as possible.
Stock [...]

the fox guarding the hen house


Funny how 60 Minutes managed to get exclusive access to Henry Paulson during the two weeks in which he was preparing to pitch his heads-I-win-tails-the taxpayers-lose $700 billion bailout.
I wonder who Paulson called to set that up? Maybe CBS President Les Moonves? As one of the highest-paid CEOs in the country, I’m sure [...]

those odious oregonian anti-islam dvds


Some right-wing nutjobs paid The Oregonian to put an anti-islamic DVD into the Sunday paper (yesterday’s). It’s a deceptive dog-whistle to scare people away from Obama just before Oregon and SW Washington residents receive their vote-by-mail ballots.
There’s a protest downtown in from of the Oregonian’s offices this morning at 10 a.m., but [...]

Let’s Take the Tires on Their Mercedes-Benz


Words are easy.
Go back 15 years and somehow decide that so and so should not have been paid this million or that million because it led to the mortgage collapse?  Who gets to decide who was paid too much and by how much?  Confiscate the overpaid Wall Street barons’ assets that are now parked in [...]