Mercury Rising 鳯女

Politics, life, and other things that matter

Archive for August 8th, 2008

‘Tis the treason

Posted by Charles II on August 8, 2008

Ron Suskind has a partial transcript of his interview of Rob Richer on the forgery of a letter purporting to connect Al Qaida and Iraq.

Posted in abuse of power, Bush, Iraq war | Comments Off on ‘Tis the treason

Understanding the Agencies

Posted by Charles II on August 8, 2008

Discussion of Fannie Mae and Freddie Mac

Discussion of Fannie Mae and Freddie Mac

Joe Stiglitz on Freddie Mac and Fannie Mae.

Main points:

  • Taxpayers have no chance to benefit if Fannie (FNM) and Freddie (FRE) recover
  • FNM and FRE are paying dividends only because taxpayers are pumping money in
  • They are lobbying Congress using money we provided
  • Posted in mortgage crisis | Comments Off on Understanding the Agencies

    This Is Perfect

    Posted by Phoenix Woman on August 8, 2008

    McCain’s bus makes improper right turn with Lieberman aboard, smashes into car.

    And the bus has an Obama sticker on it.

    I’m not kidding.

    Posted in 2008, Barack Obama, Joe Lieberman, John McCain | 3 Comments »

    US loses monopoly on senseless wars: Russia v. Georgia

    Posted by Charles II on August 8, 2008

    Via Atrios, Tom Lasseter, McClatchy:

    Heavy fighting between Georgian government forces and Russian-backed separatists brought Georgia and Russia to the brink of war on Friday.

    The president of Georgia, Mikhail Saakashvili, in a televised address, accused Russia of sending fighter jets to bomb Georgian towns to help the breakaway territory of South Ossetia, where a large number of Russian citizens live.

    Russian officials in turn said that the Georgian military had attacked Russian peacekeepers stationed in the area….

    there are grave geopolitical considerations.

    Georgia, which was formerly part of the Soviet Union, is a key transit point for oil and gas pipelines from the Caspian Sea to Europe. It’s also a focus of Russian officials’ anger about the encroachment of western powers on Russia’s borders: Georgia is seeking to join the North Atlantic Treaty Organization and is an ally of the United States. (emphasis added)

    So, this is yet another theater in the world-domination-through-control-of-resources fantasy that the Bushies kicked off.

    Posted in Oil, Russia | Comments Off on US loses monopoly on senseless wars: Russia v. Georgia

    Friday Cat Blogging

    Posted by MEC on August 8, 2008

    “Was that the can opener?”

    Friday Cat Blogging

    Posted in Alexander the Great, Friday Cat Blogging | 1 Comment »

    Cobell decided

    Posted by Charles II on August 8, 2008

    bmaz links to an update on Cobell by Del Quentin Wilber in the WaPo, the epic court case on the theft of funds from Indian trust funds by Interior (or, rather, Interior was the laundry through which others siphoned off funds for heaven knows what–probably off-the-shelf black ops, if I had to guess).

    Bottom line: the Indians get $455 M, less than a penny on the dollar of what was stolen. Eloise Cobell has more.

    Where there is no justice, there is no peace.

    Posted in race in America, racism | Comments Off on Cobell decided

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