Last week when I posted a Geithner Kool-Aid toon here, little did I think the Kool-Aid theme would be what was needed the next day for a Newsweek cover story on Krugman. Amid Capeci didn’t know exactly what the piece would say but wanted a take in which Krugman was being ignored by the White … Read more
SIX of the Bush gang are under special consideration for indictment by Baltasar Garzón, the Spanish investigative judge who ordered the arrest of Augusto Pinochet. It is said that it is “highly probable” that the case will go forward and arrest warrants will be issued. The charges will be for torture and mistreatmant of prisoners … Read more
Obama and Geithner’s plan for bank rescue sent the markets into euphoria. Well it warmed their hearts to see the state subsidizing the same kind of hedge fund profiteering. Was that excitement a scary sign that the markets can see a team winking their way back to the bubble economy? Paul Krugman thinks so. “Tim … Read more
It’s been a cathartic day going after AIG and the bonuses. It’s a political chocolate factory; free righteous indignation about the bonuses (nobody’s mentioning the billions going to banks through AIG that don’t need them. Elliot Spitzer (yes him) wrote interestingly about that on Slate (http://www.slate.com/id/2213942/). Chuck Grassley last night called for the bonus boys … Read more
Today marks the death of the Seattle Post Intelligencer. Published since the civil war, nothing could stop this paper, except our situation today. Hearst, who owns it and killed it today, promises a dynamic online replacement. What will it replace? What is now lost? Interestingly the SeattlePI.com website has a strong video about what will … Read more
