From the WSJ: A provision in President Barack Obama’s stimulus law might have forestalled payment of $165 million in bonuses to employees of American International Group Inc., but was altered before final passage at the request of the Obama administration, Senate Banking Committee Chairman Christopher Dodd said Wednesday night. Mr. Dodd, a Connecticut Democrat, introduced a provision into the stimulus that capped executive pay, among other things. But the final
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a poem for Professor Dyson, in the style of William Carlos Williams
so much depends upon the empty signifier* glazed with coded hate inside the white oppressor.*
Today’s imaginary conversation between a boy and his black Lab, Petey: installment 2
boy: “You know, I really do apologize to you, little guy.” dog: … boy: “I certainly never meant to offend you. I hope you know that.” dog: … boy: “I mean, heck — who knew that my being white and using the word ‘boy’ would create a contextual dynamic wherein the entire history of past abuses of that signifier by others who happened to share my skin color would mean
Reasonable people beg to differ: another OUTLAW’s lament
This time, courtesy of dicentra, who has “transcribed a bit of Andrew Breitbart’s journey in to the maw of hell (from the top video) as a first-class demonstration of what it looks like when someone else decides what you mean.” As dicentra observes, as as I’ve observed of Dyson for years, note how Dyson runs out the clock by refusing to let his opponent get a word in edgewise. This
“President Obama: Geithner Making ‘All the Right Moves’ With a Bad Hand”
And yes, that says “bad hand,” not “bad head,” “bad cold,” “bad hearing,” or “early onset dementia”. From the Campaign Spot: President Obama may have set a new record for disingenuousness moments ago, when he asked where those who are objecting to AIG bonuses were several years ago when Wall Street was handing out larger bonuses, and claiming that they believed, not long ago, that the government should never get
From the Pub: “Congresscritters and AIG” [UPDATED]
It would seem that in addition to now railing against outrageous bonuses guaranteed in a package he supposedly put together (or at least reviewed), our esteemed President was the past recipient of a rather tidy sum from AIG. But no worries. He’s on the case now, Obama is, having recovered his mojo. Or at least, that’s what the JournoList wants us to think. Just as Barney Frank is going to
Former head of CBO (and current Obama budget director) Orzag member of JournoList
But, so what? No conflict of interest there. Right Ezra?: Journolist is meant to serve a very specific purpose that’s actually related to my experience building this blog. The work of this site has always been to illuminate standard political reporting with expert policy commentary. In that, I’ve been helped by the many experts who have adopted the medium as their own: Mark Thoma, Brad DeLong, Paul Krugman, Matthew Holt,
Today’s imaginary conversation between a boy and his black Lab, Petey
boy: “Hiya, boy.” dog: … boy: “Good boy.” dog: … dog: … boy: “You’re not wagging your tail. Anything wrong, boy?” dog: “Yeah. Bring me a fucking bone. Then sod off, racist.”*
“Yes, the Community Reinvestment Act Really Did Help Cause the Housing Crisis”
James Pethokoukis, US News and World Report: There has been a lot of push back against the idea that the Community Reinvestment Act nudged banks to give mortgages to people who should have not gotten them. But then here comes this fantastic story, courtesy of the Boston Business Journal, about East Bridgewater Savings in Boston: Bad or delinquent loans? Zero. Foreclosures? None. Money set aside in 2008 for anticipated loan
SHOCKA!
Leftwing journalist cabal confirmed. From Politico: For the past two years, several hundred left-leaning bloggers, political reporters, magazine writers, policy wonks and academics have talked stories and compared notes in an off-the-record online meeting space called JournoList. Proof of a vast liberal media conspiracy? Not at all, says Ezra Klein, the 24-year-old American Prospect blogging wunderkind who formed JournoList in February 2007. “Basically,†he says, “it’s just a list where
