Crank up the volume Nice to report a feel good story on the economy for a change. I speak, of course, of the Cash For Clunkers program that was hugely over-subscribed, exhausting its initial $1 billion funding in a mere six days. At an average of $4,000 per carbon spewing, global climate heating clunker, that means 250,000 new cars vanished …
The Goldman Borg to Obama: You will be assimilated Two Goldman Sachs related items. The first involves Goldman’s continuing takeover of the financial levers of power of the executive branch of the US government, a subject I’ve covered here and here. This week President Obama appointed Goldman’s Vice-Chairman Robert Hormats to the State Department as its undersecretary for economic, energy and …
“It’s not that you win or lose, but how you play the game.” — Milburn Drysdale “Honesty and integrity are the very cornerstones of the great institution of banking. And they are strengthened by the mortar of fair and democratic competition.” — Jane Hathaway “That is the courageous attitude that has kept the doors of our bank open through economic …
She’s inarticulate to the point of entirely unintended hilarity, the worst thing to happen to the English language since Mr. Potato Head, and can see Russia from her house.
Back in March, I wrote: From the Wall Street/DC Axis of Evil, the Treasury Department— oh hell, let’s just call it what it is: a wholly owned subsidiary of Goldman Sachs– will announce tomorrow its plan to further reward the very people who brought down the country’s financial system and by extension, the world’s. Matt Taiibi has a more complete …
Why does it take 250,000 sperm to fertilize an egg?* What liberal leftist commie pinko came up with this agenda? * Resisting a “downsizing” of social security systems; * Support for labor unions and the rights of workers in a global economy marked by mobility of labor; * Combating hunger “by investing in rural infrastructures, irrigation systems, transport, organization of …
A decade ago, I was marooned along with a couple of dozen of other international tourists on the rocky lava islet of Palea Kameni, off the legendary Greek island of Thira (Santorini). While we were soaking in its geothermally heated pool, a violent storm suddenly blew into the Aegean. We were told that there was no way we could make …
