Get your tee shirt here. (h/t Brian Stelter)
Mike Madden, at Salon, uncovers another sign that the White House seems awfully interested in protecting the good name of Elena Kagan, one of the front runners for the open Supreme Court seat. In the last couple of weeks, after Salon’s Glenn Greenwald linked to this post by Duke University law professor Guy-Uriel Charles raising [...]
If you want to pick a day to watch CNBC, today would be a good one. At about 2:47 p.m. today, the Dow collapsed sharply, and then a minute or so later, recovered. (See chart here at 2:48 p.m.; the Dow was trading, for an instant, below 10,000) It is now trading down about 4 [...]
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As Adam writes below, President Obama released a rather scathing statement condemning an amendment by Sen. Richard Shelby, R-Ala., to weaken the proposed Consumer Financial Regulatory Agency. At a White House briefing today, Neal Wolin, the Treasury sherpa for regulatory reform, declined to say that the statement was a veto threat. “We don’t expect this [...]
With the debate over Arizona’s new immigation law raging, it was inevitable, perhaps, that this year’s Cinco de Mayo festivities would be politically charged. In Washington, where every shindig serves some political purpose, President Obama used the occasion to blast SB1070 and urge Congress to press ahead with immigration reform. But at a California high [...]
I’m just catching up with some important news out of Iraq: the two exclusively Shi’ite political parties seem destined to form a government, joined by the Kurds, leaving Ayad Allawi’s secular-Sunni coalition–which received the most votes–out in the cold. This is potentially dangerous in several different ways:
Wallace C. Tubeville, a former Goldman Sachs VP and former CEO of derivative broker VMAC, has done us all a service. In a post on New Deal 2.0, he lays out the over-the-counter derivative trader’s view of why financial reform is a bad thing. A level playing field is anathema to the trader. Successful traders [...]
