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    Small minds are much distressed by little things. Great minds see them all but are not upset by them.

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    Palin for Prez in 2012

    Too bad, if this is true. Was really hoping Palin for Pres in ‘12.

    Palin's Pad

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    The Real Bankruptcy — Congress

    Money buys results in Congress. Return on investment is estimated at 22,000% on money given to Congress. Money is the Model. – Lessig

    Our Representative Baird voted for the Bankruptcy Bill in 2005.

    Change Congress. Support the Fair Elections Now Act.

    This is the real problem behind all the other ones…

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    Proof that Accounting is Not an Exact Science and the Fall of Rome

    Krugman has an article today, Alice in financeland, that shows how sometimes following accounting rules leads to apparent absurdities.  Because of market to market accounting rules and credit default swaps he says:

    …Citigroup is profitable because investors think it’s failing, while Morgan Stanley is losing money because investors think it will survive. I am not making this up.

    This is part of the problem of  “too big [...]



    i guess i should stop complaining about my pay cut now

    At least I’m lucky enough to still have my Oregon job:

    Oregon’s jobless rate has taken a dramatic jump, to 12.1 percent in March — a rate seen only once before since the years after World War II.

    The increase could put Oregon on a pace to have the highest unemployment rate in the nation when those figures are released on Friday, state labor economist Art Ayre [...]



    New Nationalism Speech – Teddy Roosevelt History Lesson

    Mt. Rushmore, Theodore Roosevelt closeup. Image via Wikipedia

    Since the 1980s (when I worked for Eastern Airlines, which no longer exists due to deregulation fever) we as a people have amnesia when it comes to the lessons that history teaches us.  Regulations did not just magically appear one day.  They were derived from the wisdom that came about from the mistakes of the past.  Reagan [...]



    Chomsky on Geithner (and some Colbert Comedy)

    Noam Chomsky on the economy and democracy Pt2

    Noam Chomsky on the economy and democracy Pt3

    Stephen’s Angry Mob Will Crush AIG (click to show/hide Colbert video)

    The government can’t stop AIG but Stephen’s angry mob will crush these punks. He pulls out his pitchfork and gets the audience on his side. [...]



    time to name names and put the blame where it belongs

    On Hank Paulson’s bald head.

    When AIG started to become unwound last fall, who better to know just how much Goldman Sach’s own rape & pillage squad was going to depend on its AIG bad bet insurance than the former CEO, Paulson himself – and who else but the Treasury Secretary would be better positioned to make sure that at least his alma mater – if [...]



    merit pay ain’t the way

    There is no question that Barack Obama will be a better president for the state of education in this country than George “is our children learning” Bush could ever hope to be, and almost anything would be better than Bush’s odious, expensive, top-heavy and radically stupid No Child Left Behind.

    That being said, merit pay is just another Republican red herring and should be round-filed along [...]

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