Archive for November, 2009

Goldman Sachs’ $500 Million Mea Culpa

Friday, November 20th, 2009

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 is… »

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Arnold Schwarzenegger in Iraq

Tuesday, November 17th, 2009

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 a chance… »

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The Wrath of Suburbanites and Independents

Wednesday, November 4th, 2009

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 because… »

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For Wall Street and Goldman Sachs the Party Continues

Monday, November 2nd, 2009

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 Americans… »

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