Archive for November, 2009

Goldman Sachs’ $500 Million Mea Culpa

November 20, 2009
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It’s truly touching that Goldman Sachs’ CEO Lloyd Blankfein, who recently said that his too-big-to-fail, Fed-backed holding company is doing “God’s work,” has offered a mea culpa (of sorts) for his firm’s past sins. Our beneficent overlords at Goldman Sachs promise to bestow upon small business a boon of $500 million. This generous sum...

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Arnold Schwarzenegger in Iraq

November 17, 2009
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Brit Hume of FOX News once compared Iraq’s murder rate to California’s to downplay the level of American casualties because the two places are similar in geographical size. On August 26, 2003, Hume opined: “Two hundred seventy-seven U.S. soldiers have now died in Iraq, which means that statistically speaking U.S. soldiers have less of...

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The “Goldilocks Principle” and Afghan War Options

November 9, 2009
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A piece in yesterday’s New York Times by Peter Baker and Helene Cooper reported that all of the U.S. military options for Afghanistan that President Barack Obama is currently contemplating include some kind of troop escalation. “Defense Secretary Robert M. Gates appears to be supportive of the middle option,” they write. This search for...

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The Wrath of Suburbanites and Independents

November 4, 2009
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Suburbanites and independent voters in Virginia and New Jersey broke Republican in yesterday’s election. Last night I saw CNN’s John King tell his viewers that this phenomenon could only mean that people are sending a signal to President Barack Obama that they’re fed up with “all that spending” in Washington. King’s assertion is interesting...

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For Wall Street and Goldman Sachs the Party Continues

November 2, 2009
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Time magazine’s cover story this week titled “What’s Still Wrong with Wall Street,” by Allan Sloan, is a remarkable indicator of where the public stands on the recent obliteration of the economy by a gang crooked financiers and speculators. It shows that even the corporate media is now making the connection that millions of...

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