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Quote of the Day

At any rate, congratulations, America, you’ve elected a group of people who believe government doesn’t work, yet will still take a nice cushy job in it doing absolutely nothing productive on your dime. I can’t possibly see how that wouldn’t work out.

via The Black Guy’s Still The President – The Superficial

Don’t blame the Republicans

WASHINGTON — With Congress increasingly paralyzed by the partisan fury of the midterm elections, the Senate on Tuesday voted against taking up a major military bill that includes a provision allowing the repeal of the “don’t ask, don’t tell policy” regarding gay soldiers.

Senate Republicans voted unanimously to block debate on the bill — the [...]

The Truth about Obamacare

As the mid-term elections season primaries pass, and the actual November elections approach, political rhetoric is flying fast and heavy … and it seems that the biggest itch getting people’s panties into a twist is the healthcare bill passed by Congress earlier this year, and signed into law by President Obama.

People are upset about [...]

The Party of “Hell, no!”

I love it when a magazine with a decidedly conservative bent takes the American right to task for some of its idiotic tactics.

It is sad to report that the American right is in a mess: fratricidal, increasingly extreme on many issues and woefully short of ideas, let alone solutions.

At a time when redesigning [...]

Red Butte Oil Leak

Much smaller than the BP spill in the Gulf of Mexico, but to residents of Salt Lake City, it helps bring the problem home. Hopefully Chevron is much more proactive about addressing the problems here than British Petroleum has been in the Gulf.

A leak from an underground oil pipeline may have gone undetected for [...]

Belgians Just Don’t Speak the Same Language

JEZUS-EIK, Belgium—Rudi Coel scowled at the sight of the Thai restaurant advertising "Takeaway."

"We’re in Flanders, so that should say ‘Meenemengerechten,’ " said the 50-year-old social worker, using the proper Dutch word.

The euro zone is in turmoil, and Belgium’s heavy government debts are drawing comparisons with those of Greece. But the main issue before [...]

Why isn't Israel considered to be evil?

When one of our alleged allies in the Middle East attacks a humanitarian aid mission in international waters (reports indicate the flotilla was more than 70 miles off Israel’s coastline), especially one carrying a survivor of the Holocaust, a Nobel Peace Prize winner, and several current or former members of the American diplomatic service, then [...]

Wrongful death suits on Wall Street?

It’s going to be really interesting to see how this plays out …

Lehman Brothers Holdings Inc.’s estate sued J.P. Morgan Chase & Co., alleging J.P. Morgan illegally siphoned billions of dollars from Lehman in the days before the troubled investment bank filed for the largest bankruptcy in U.S. history.

The lawsuit alleges that [...]

MS CEO calls for reforms (with limits)

The firm’s annual shareholder meeting was today … buried deep in the story from the Wall Street Journal were the following paragraphs regarding comments made by Morgan Stanley CEO James Gorman.

In the meeting, a brisk one hour compared with Goldman Sachs‘ three-hour marathon, Mr. Gorman also said Morgan Stanley was committed to regulatory reform. [...]

Buy buy buy!

Combine one part nervous traders, one part Greek crisis and one part trader error. Stir in one part central bank complacency. Bring to boil. Panic.

That combination produced one of the wildest days ever in financial markets, with the Dow Jones industrial average, at one point, down almost 1,000 points while the euro sank to [...]