11 Feb 2009

None Dare Call It “Bonus”

Anyone want to hazard a guess on whether Morgan Stanley CEO John Mack will get asked about this at today’s banker hearing? Via Sam Stein: “The soon-to-be-merged financial giants — Morgan Stanley and Citigroup’s Smith Barney — announced the payments during an internal conference call last week, but warned advisers against describing them in terms that would cause PR headaches. “There will be a retention award. Please do not call it a bonus,” said James Gorman, co-president of Morgan Stanley. “It is not a bonus. It is an award….”

11 Feb 2009

Margins Of Terror: Just How Unsafe Is Our Food Supply?

The House Committee on Energy and Commerce’s Subcommittee on Oversight and Investigations has a doozy of a hearing scheduled for today beginning at 10 am ET on the “Salmonella Outbreak: The Continued Failure to Protect the Food Supply.”  

From the committee release yesterday, the following witnesses “have been invited”

10 Feb 2009


Don’t know about everyone else, but I’ve spent the day trying to dig through a lot of murky details, some of which leave me foggier than I was when I started the digging. Thought we could all use a break.

10 Feb 2009

Obama Remarks in Ft. Myers, Florida

President Obama is speaking this morning in Ft. Myers, Florida, after having had an economic event in Indiana yesterday

Florida is in a world of hurt right now with the financial crunch.

10 Feb 2009

Geithner Morning Presser Liveblog

Geithner presser upcoming on C-Span shortly, set to begin at 11 am ET. 

Duncan called it a fiasco this morning, after looking at what’s been leaked about the proposals….

10 Feb 2009

Judicial Watchwords

Speaking of Republicans pushing faux bipartisanship and testing messages on judicial appointments, Nan Aron of Alliance for Justice hits this head on: In an interview with CNN this weekend, AFJ President Nan Aron said that Republicans are already testing their opposition messages for their fight against President Obama’s nominees.

10 Feb 2009

Most Of The Whores Are Only Taking Calls For Cash*

Absolutely no shame, no remorse, no public pangs of conscience…and none expected: Karl Rove, deputy chief of staff to former President George W. Bush, spoke last week at Loyola Marymount University as part of a campuswide 1st Amendment Week. In his remarks, he reiterated his belief that government leaks can cause serious harm, and that newspapers should respect government secrecy….

09 Feb 2009


Nothing says “we care about a quality product and not just sucking profit out regardless of the crap we sell” like this: Raw peanuts were stored next to the finished peanut butter. The roaster was not calibrated to kill deadly germs. Dispirited workers on minimum wage, supplied by temp agencies, donned their uniforms at home, potentially dragging contaminants into the plant, which also had rodents….

Problems emerged in southwest Georgia’s peanut country in

09 Feb 2009

Just Say No To Faux “Bipartisan” Judicial Malarky

Elections have consequences.  Including for judicial appointments.   

So, what’s a poor Federalist Society member to do under a democratic administration after years and years of stuffing the verdict box?  Demand appointments anyway, it seems.

Via overruled, it began with some water testing by a Sen. Burr surrogate

09 Feb 2009

Bass-ackwards: Who Tells At Risk Children They Aren’t Worth Our Effort?

Researching children’s issues and the stimulus bill yesterday, one thing stuck out loud and clear: economic decisions are made in the abstract, but the results fall disproportionately. Especially on kids who are already trying to survive on the margins as it is. From kids in Northern Virginia and Cincinnati and Las Vegas to all over California, hard luck stories are cropping up.