Warning shot & CSPAN & CurrentTV is the BEST!

With the world financial system tanking it only takes a second for someone to think of a way to make money on it. phil gramm is on CSPAN right now, speaking on a panel for the american enterprise institue (aei) and it is amazing to witness the total and somewhat deranged denial in every explanation he has for what has happened after he repealed the glass/steagall act. It is hard to believe this statement, re: glass/steagall, "I don't think a factual case was made for the law to begin with" and re: gramm/leach/bliley, "Swaps are not futures, but it didn't deregulate the swaps." This statement is just a joke, surely, "Everything we do will have a consequence."

As the world tanks, the insane get public statements at teh aei.

Deregulation would work if investors and investment bankers were honest. Darn, there goes capitalism. Oh wait, if everyone has "skin" in the game, it plays out better, guess we have to see how that works if we still allow everything to be opaque. Trust is the big issue for me. Anybody asks, for now, it's about as much safety as you can buy with what little you have left and plan for inflation and many years of privation.

Just now, I saw a clip on currenttv of O visiting the white house press room. He has a smile, he's saying he has respect, he wants respect and that their questions WILL get answered! The camera's are flashing, the recorders are on, the video rolls in disbelief. Unbelievable. the reporters seems pretty well flustered too. Someone yells as he's leaving their modest digs, "Thanks you, Mr. President." It is the single most disparate image I have seen yet. Simply unbelievable. Let's hope the bozo press asks the right questions this time.

cspan #2 - Iacocca B&N book talk

Watching Lee Iacocca on CSPAN 2 and he is making sense, although I did not realize that he read his speech text so much. It does make you notice when he goes off text though. He might not be as inspirational himself anymore, but his 9 C's thing is quite interesting and as he talks, everything he is saying is antithetical to what the little cowboy in the "white" house is. Still, I am always suspicious of ex-car guys, especially when they're still shilling.

Another interesting nugget from his Q&A after. "Out of 24 ranked in math and science scores, the US came in 18th!"

That's why we need immigrants, especially from Korea (ranked 1st on the above referenced list). Ha.

The "C" I am most interested in now in relation to 43 is "character". He does not meet any of the "C's" that Iacocca has listed but George Jr's character is most lacking of all, immediately followed by common sense. Go the this link to see the list.

Goodling is Fredora!

First of my cspan posts, so sorry if that sort of thing bores you but the whole justice area of our government (yes, NA's were citizenized, damn it.) and the corruption found within just about every department, including and of course, the BIA, is fascinating in a serial killer, forensic science kind of way. Sickening but you CANNOT look away.

For the love of all that I thought the "law" was about! The testimony in the house judiciary is stunning. She is the female gonzo. Wonder what clever alliteration will come out of that fact. Mine is Fredora, but I may reserve that one for Harriet instead.

More to come but one thing is clear--Fredo has one foot in the rowboat and the fishing rod wilts sadly. The other sad fact is that a new name for R's is "rebubliclowns". They have no reason for being there than to ask Monica for a date or through her, ask Fredo for a date. Cannot believe there is going to an R in government after this plays out.

She has convicted Fredo of perjury, of that there is no doubt. The parliamentary shenanigans reveals the level of panic that is beginning to set in among those who thought this whole thing would just go away.

Side note: Harvard and Yale stocked our courts and supremes from way back? Old news but good point, man! Just wish an R would actually ask a question but the D's are holding tough but still not tough enough.

Really, more later.