Cknolls

Funny how nobody is mentioning Obama breaking one of his executive orders less than 24 hrs after signing it. William J. Lynn, former LOBBYIST for raytheon, as Deputy Secretary of Defense. CHANGE IS WONDERFUL, ISN"T IT...

Garrison Keillor writes: One simply wanted to be present. Freezing cold or not, a crowd of 2 million, whatever—solemn warnings about tight security, long lines, traffic jams, cell phones not working. In the end, one wanted to be there on the Mall before the Capitol on Tuesday at noon amid the jubilant throng and see the man take the oath of office—our first genuine author-president. Still smoking OBAMAJUANA. What about Jefferson, Wilson , Hoover, Kennedy T. Roosevelt, to mention a few? Give me a break already.

In 2001, during the confirmation of John Ashcroft to be attorney general, Democrats on the Senate Judiciary Committee forced a one-week delay in the committee's vote on Ashcroft, saying there had not been enough time to answer all the questions about the nomination. On January 24, 2001, the Washington Post reported the story under the following headline: Vote On Ashcroft Is Delayed A Week; Democrats Cite Need for More Review Yesterday, Republicans on the Senate Judiciary Committee did precisely the same thing for the nomination of Eric Holder to be attorney general. Today, the Washington Post is reporting the story under the following headline: Republicans Obstruct Holder's Path to Justice Department WHAT MEDIA BIAS?

QUOTE (DBAHO @ Jan 21, 2009 -> 10:27 AM) He'll instantly improve America's standing across the world, just because Bush had become so unpopular and Obama is the complete opposite. I think he'll eventually fix the economy, but it will take time, and people need to be prepared for that and not a "quick fix". I think overseas policy wise, it's good he knows that Afghanistan is a real problem and become a bigger one than Iraq. That's an issue that needs addressing ASAP. I am interested to see what he does in the Middle East and with North Korea also. Global Warming and Climate Change is another issue that I think he needs to look at and take a greater stand on, but I don't know if he'll do that if it's going to negatively effect the economy, which is probably the #1 issue right now. Any global warming climate change regualations for the enviro freaks will have a negative impact on the economy. The question is: To what extent will they hurt the economy?

http://www.politico.com/blogs/glennthrush/...al_trouble.html. Prayers are with both.

QUOTE (Rex Kicka** @ Jan 16, 2009 -> 12:55 AM) There are so many people that want this guy in this post, he could have done anything short of pulling Ben Bernanke's beating heart out of his chest and showing it to him before he dies and he would still get confirmed. My question is: Why do so many people want this guy in the post? What has he done to prove he will be any better than Paulson? After all, he played a major role in who failed/survived.

QUOTE (mr_genius @ Jan 15, 2009 -> 12:54 PM) "I skip out on my taxes too and I'm the Chairman of the Ways and Means committee! How great is that?"

QUOTE (lostfan @ Jan 15, 2009 -> 11:38 AM) It's too bad, because Geithner is otherwise an excellent pick. Who was one of the bunch that allowed LEH to fail and gave BSC to JPM.

Will this pose a problem? http://article.nationalreview.com/?q=YzJjO...jhlMWQ2MWZiNTA= Filling out re-imbursement forms for taxes you didn't pay seems like more than an oversight, no?

You guys seem to be forgetting the biggest reason, and that is the man himself, the President -Elect.

QUOTE (southsider2k5 @ Jan 14, 2009 -> 12:11 PM) Until Sarbanes Oxley, the US was burying the rest of the world in tradng volume and listings. I would say that until that point it was obvious that the rest of the world came to the US for its markets. Now as the government as gotten more involved, that advantage has disipated, and people have started going overseas when possible. If you start taxing the very people who make a market liquid, yes, it will hurt more. Its basic economic sense that the more something costs, the less of it that will be demanded. In a world wide setting the UK is no where near the many other world markets. The lost income tax revenue and unemployment this tax would cause far outweighs any revenue it generates. And with Obama being from the futures capital of the world this will never pass........Next tax, please.

http://dir.salon.com/story/news/feature/20...on_inauguration I'm sure we'll here the same outrage about Obama's innaugural cost which will exceed both of Bush's combined.

The only question I would ask Geithner is: How much counter-party risk exposure did JPM and GS have to BSC,AIG, and LEH? Methinks mucho on the former no mucho gusto on the latter. Hence, the LEH failure.

QUOTE (southsider2k5 @ Jan 14, 2009 -> 07:37 AM) non-Economist writer? I would at least like to see someone who understands what the lack of liquidity does to a marketplace. If you want a really good example, look at the credit market. ^^^^^^^

QUOTE (DukeNukeEm @ Jan 12, 2009 -> 08:56 PM) Funny, this is what Hamas thinks of Israel (who bombs Palestinian schools) and America (who supports Israel). BearSox, you really are no different than a run-of-the-mill terrorist. You both share an identical mindset, you're just on different sides. I'll p Is a school an illegal target if being used to launch rockets and AK-47 fire?

Leon Panetta CIA head in waiting. http://thecaucus.blogs.nytimes.com/2009/01...ia-director/?hp

QUOTE (Balta1701 @ Jan 3, 2009 -> 03:05 PM) After giving it some more thought (you'll note I didn't comment on it earlier, just posted) I'm not sure this isn't a pretty good use of the bailout dollars. It does a number of things that giving big checks to banks that they can sit on does not do; it actually drives increased lending using the money, it creates something so that the people using the money get something tangible in return, and it keeps people employed. Yeah, there's certainly a big downside too. But I'm at the worst conflicted on that right now. GM gets that bridge loan and suddenly starts selling their vehicles for below cost to keep their factories running. If nothing else, it's a better use for the money than a lot of the other ones we've seen. And it pushes the inevitable bankruptcies of these elephants out a few more months. This is assinine. Let them fail. Let them heal. Let us prosper. Pushing the timeline out will not save these companies. The auto industry as we knew it is DEAD. Accept it deal with it and move on with a leaner more efficient industry. Lowering 0% financing from FICO 725ish to FICO 600 is a great way to get back in black. Just ask WAMU, CFC, WAB, NCC.

QUOTE (Alpha Dog @ Dec 28, 2008 -> 11:44 AM) Yup. They get union bosses like these! http://www.clickondetroit.com/video/15908257/index.html These guys should be fired, and sued by Ford. You mean you don't work 4500 hours a year. You SLOUCH!!!!!

QUOTE (Flash Tizzle @ Dec 12, 2008 -> 08:50 PM) She's intimidating. I was watching her earlier at the press conference and she wasn't taking s*** from any of the reporters. Intelligent women, obviously. She may have been helped by her father in some capacity, but I could definitely see her being our state's governor -- or a US Senator -- some day. And her daughter could be our future state's attorney.

QUOTE (Rex Kicka** @ Dec 12, 2008 -> 09:43 AM) I think if Treasury announces some of these TARP funds for GM by the end of the trading day, we'll see GM back over 5. Even with 50-100 billion. What is the over/under in months before GM or the other two fail? I'll say 6-12. They're dead. Accept it. $5 is a farse for GM equity. For a trade maybe. Investment? Not even with someone else's money.These companies are worth somewhere in the neighborhood of $-100 billion dollars.

QUOTE (SoxFan562004 @ Dec 12, 2008 -> 08:47 AM) MSNBC just reported the Treasury said they will not let one of them fail, at least until Congress meets again in January. So the automakers will be getting money with little supervision, you had to figure the UAW knew this would happen and won't make any serious moves until they actually feel they are in real danger. They said that's why the Dow didn't plunge at an insane level because everyone figured that there would be a backstop for now Wow. The UAW predicting the stock market. That is impressive. Where do we close today guys?

QUOTE (lostfan @ Dec 10, 2008 -> 12:49 PM) I've always given Jesse Jr. the benefit of the doubt, as being different from his father. I guess I was wrong. edit: I'd be surprised if it did more than stall his political career, actually. Absolutely, it is Illinois politics, and more specifically Chicago politics at its best.

QUOTE (southsider2k5 @ Dec 9, 2008 -> 09:22 PM) We already have a government run pension plan that sucks, why not a government run health care plan that falls woefully short... Oh wait, we have that too. Nope. The government still falls short of the private sector in both of those areas, dispite the shortfalls in those areas. \

And the politicians look like heroes.

QUOTE (Balta1701 @ Dec 6, 2008 -> 11:50 AM) It seems a deal has been reached of sorts on how to get at least a partial bridge loan program through the White House. Of course he wouldn't veto over that. He'd just add a signing statement and refuse to do it. Man I'm going to miss this guy. We need $700 billion for the banks? No problem. We need $34 billion for the auto industry? Well that's crap. Where can we take the money from where it will do the most possible harm to the future of the country? How about we take it away from programs to build more fuel efficient cars, so that we stay years behind everyone else on their development? brilliant! If they say $34 billion, its probably closer to 150 billion. And without huge cost re-structuring, this too will not be enough. I say let Gettlefinger run the company. He wants a seat on the board, hell give him the whole enchilada.