The must-see TV of David Boies, Ted Olson & The Gay Marriage Debate could soon be hitting your flatscreen.
The New York Times reports that a confidential U.N. analysis of all the major countries’ plans for reducing emissions has been leaked.
New York Times columnist Ross Douthat writes today about my brother Tim’s book, Obamanomics. It is, he writes, the perfect refutation of Keith Olbermann’s recent claim that “corporations, by definition, lean to the right.”
In hopes of saving the fractious Copenhagen climate conference, the US is getting behind a plan to give $100 billion to poor countries in order to cut emissions, according to WSJ.
Howard Dean said on CNBC this morning that it would be a good move for investors to buy health insurance stocks if the so-called “reform” passes, implying the whole thing was becoming a gigantic giveaway to entrenches business.
The Oil Drum has a fascinating piece by analyst Kevin Kane on how politicians and pundits have been stirring the energy independence pot since the 1970’s, yet there is still no consensus regarding whether this is a realistic goal.
Healthcare holdout Joe Lieberman tells CNN (via Megan McArdle) he may run as a Republican in 2012.
It is heartening that many of the financial institutions that took TARP funds have been lobbying against the Obama administration’s bank reforms. There is absolutely no reason banks should feel required to support the administration simply because it continued and deepened the bailout policies it inherited from the Bush adminstration. […]
The Democrats desperately want to pass a health care bill through the Senate before Christmas, so that it can go through conference and be voted in early next year. The Senate is saying they can do this. Here’s what I don’t get: what about the CBO score? Unless they actually […]
These days nearly everyone agrees that the old regulatory structure clearly failed. Unfortunately, almost every proposal for reform is also destined for failure. Take the proposal by NYU adjunct professor Ann Lee in the Financial Times. She warns against having regulation controlled by ex-bankers or their close associations. Instead, she […]
Harry Reid caved to Joe Lieberman last night night, and dropped from healthcare reform a scheme that would allow private individuals the opportunity to buy into Medicare.
Here’s the latest update from Pollster.com (via @kausmickey), which aggregates polls taken on healthcare reform. No wonder it’s not going to pass.
So there’s no public option, and now there’s no medicare buy-in. Yep, healthcare reform is getting flense in the name of partisan unity and compromise
This was the topic of hot discussion in the McSuderman household this morning. If Lieberman really wants health care reform but is (as he is supposed to, I reluctantly concede) protecting his state’s insurance interests, then all the progressives need to do is say “Give us the list! Whatever you […]
Barack Obama is not going to let pesky Joe Lieberman get in the way of its healthcare reforming dreams. In fact, it’s going to acquiesce to him.
Like just about every other big, international conference, from world trade to human rights, it appears the Copenhagen climate summit has ended in a complete fiasco.
Big shocker here: Joe Lieberman, the former VP candidate of the Democratic party, appears set to knife his old pals in the back.
Politico recognises inconsistency emanating out of the Obama administration based on comments from today’s Sunday morning yak-fests.
The attempt to include judge ordered cram-downs in the financial regulatory reform bill failed yesterday.
Last night, MSNBC’s Rachel Maddow featured our story, Health Insurers Caught Paying Facebook Gamers Virtual Currency To Oppose Reform Bill. Watch:
Last night, G4 network’s “Attack of the Show” had me on to discuss our story about how health insurance industry trade groups opposed to President Obama’s health care reform bill are paying Facebook users fake money — called “virtual currency” — to send letters to Congress protesting the bill. Watch:
Matt Taibbi’s latest slam piece takes aim at Obama and how he’s changed since we elected him.
This seems like kind of a step down, and an odd way to return to politics, but, OK…
Polled support for the health care plan wending its way through Congress continues to crash downward in the polls. And before you say it, it’s not just Rasmussen, which has actually been pretty much in the middle of the other polls. Here’s where we stand as of today.
Russia Today produced a fine interview with Tim Carney, author of Obamanomics and brother of our own John Carney. They discuss the book Obamanomics, “corporate socialism”, and why the U.S. won’t let the free market work.
New polls are out, and they’re not good for powerful Senator Chris Dodd. He’s below the 40% mark in several head to head match ups.
A Fox News poll shows that distrust of climate change scientists is really heating up.
Analyst Dennis Gartman is amused by the gossip out of the big Copenhagen climate summit.
In order to squeeze out the requisite votes from the Democratic side of the aisle, the public option must die.
Pew’s Project for Excellence in Journalism has charted last week’s media coverage, Politico points out (via Mediaite).
Developing countries “reacted furiously” when leaked documents shared by a Danish text message reveled that world leaders will be asked to sign an agreement giving more power to wealthy countries and less negotiating authority to the U.N., The Guardian reports.
Members of Greenpeace had no problem sneaking through security and scaling two Parliament buildings in Ottawa to protest on the opening day of the climate conference in Copenhagen.
For those who had hoped that the scandal surrounding leaked emails from climate scientists would be a topic unworthy of discussion at the talks in Copenhagen, the opening day of the summit proved that would not be the case.
This is a serious question:
Meet Melodee Hanes, a longtime staffer for Democratic Senator Max Baucus, who, it has been revealed, was also his mistress.
We’re guessing the Baucus Plan is toast now.
Rod Blagojevich has been robbed of evidence central to his corruption case.
Former Citigroup chairman Sandy Weill told a NY Mag journalist Wednesday night that Geithner “needs to relax. He should relax a little bit”
Venezuela may be setting itself up to be the next mini financial crisis such as Dubai. has become
(This guest post originally appeared at the author’s Facebook page)
A powerful North Carolina politicians is accused of insider trading.
This is a classic example of how you really don’t want to know what goes into the so-called legislative “sausage.”
You know the leaked “climategate” emails have been devastating to the global warming community when even Jon Stewart is mocking the scientists. (via Megan McArdle)
Gay right activists in New York will have to wait at least another year before same-sex marriage becomes legal in New York.
Good news on the geopolitical front:
We were heartened, a few weeks ago, when reports emerged that Obama planned to cut and run in Afghanistan. That decision seemed to show a willingness to not stay wed to sunk costs, and to realise a lost cause — as difficult as that would be.
It doesn’t matter what side of the climate change debate you’re on, or even what the soon to be released data ultimately reveals. Climategate is a big deal.
Oil is up more than 1.4%, as Iran is at the centre of a potential global landmine.
“Every time government gets bigger, somebody’s getting rich.”
From Slate: The issue has been festering for months…
Investor Jim Rogers sat down for an interview with Maria Bartiromo for BusinessWeek, and in it he strikes on a lot of familiar themes (Farmland in Africa is a good bet, gold will break $2,000 sometime in the next decade, there’s too much paper money printing going on, etc.), though […]
Congressman Peter Defazio’s proposed bill, “Let Wall Street Pay for the Restoration of Main Street Act of 2009,” is getting attention for the .25% tax it would impose on trades, but it might be difficult to find legislative support for the bill beyond its five co-sponsors.
The White House has offered reporters a sneak peak at tonight’s state dinner, the first for Barack Obama’s presidency. Reporters crammed into the state dining room, got hold of the menu, and learned what the 220 or so guests will be served.
The human capacity for self-delusion never ceases to amaze me, so it shouldn’t surprise me that so many Republicans seem to genuinely believe that they are the party of fiscal responsibility. Perhaps at one time they were, but those days are long gone.
Google is buying ads to explain why an offensive image of the First Lady is back in its index and ranking so highly on searches for Michelle Obama in Google Image Search.
One Texas Tech visiting professor is breathing a little easier this morning.
* Let’s say this up front: It’s probably too soon to call the arbitration backlash a revolution, though it could someday soon justify the term.
It was not just bemused televsion viewers who watched South Carolina Gov. Mark Sanford’s affair-announcing press conference this summer.
This post originally appeared at The Atlantic
(This guest post originally appeared at NewDeal2.0)
While the Republican party and Tim Geithner bicker, analyst Dennis Gartman chimed in this morning with his two cents:
Boies Schiller represents former AIG CEO Hang Greenberg. New York attorney general Andrew Cuomo is going after Greenberg for civil fraud. Boies Schiller donated $35,000 so far this year to Cuomo’s political campaign.
The advocates of shareholder democracy portray the reforms likely to be adopted by the SEC early next year as a victory for ‘owners’ over ‘management.’ Unfortunately, there’s really no such thing as an “owner” of a modern widely-held public corporation. Instead, there are many different classes of people with ownership […]
Dear rich people: Here’s another burden you’ll be expected to shoulder.
The Democrats just passed a HUGE hurdle in their effort to reform the nation’s healthcare system.
An epic overhaul of the nation’s healthcare system comes down to a single vote.
It sounds as though the embattled Connecticut Senator is realising that being a Fed-sceptic, or Bernanke-critic is good business. (via Yves Smith)
Remember when Sarah Palin complained about the AP’s handling of her book, wondering how they were able to report on it before it had even hit shelves?
Sarah Palin is bringing her Going Rogue tour to Fort Bragg next week. The public is allowed to attend, but the Army tried to keep the press out.
As long as Americans perceive the economy to be weak, Obama will keep getting poll readings below 50%. It’s as simple as that.
The first big fight in the Senate on healthcare reform will come to a head Saturday night. Republicans have vowed to block the proposal and are planning on filibustering a vote scheduled for Saturday night that would clear the way for a lengthy debate on the substance of the reforms […]
Texas may not “recognise any legal status identical or similar to marriage.”
During his testimony today, two Republican Congressmen urged Tim Geithner to resign, or said he should be fired.
As far-off years go, 2012 gets a lot of attention.
With voters unhappy about his handling of the economy and the war in Afghanistan, President Barack Obama’s approval rating has fallen below 50% for the first time in Quinnipiac polling.
If Big Law fails, there’s always journalism?
Nothing else has worked in Afghanistan, so we can’t blame the British for hoping that the Taliban are as gold crazy as the rest of the world.
JP Morgan has hired two lobbyists who were the top tax policy experts for Senator Max Baucus, the chairman of the tax bill writing Senate Finance Committee. The two lobbyists, Patrick Heck and Michael Evans, now work at K&L Gates, LLP. That’s the law firm where a partner recently berated […]
Oprah, Sarah; Sarah, Oprah.
(This post originally appeared at the website of EuroPacificCapital)
Ex-Margaret Thatcher advisor Lord Christopher Monckton concisely explains why he believes the United Nations effort to implement a climate change treaty is actually a communist Trojan Horse. His words, not ours, but he delivers his argument pretty dramatically.
(This guest post originally appeared at the author’s Facebook page)
Jon Corzine is definitely open to running Bank of America.