Wednesday Open Thread: Euro Edition
There is almost no way the Euro can survive. What is unknown is how bad the consequences will be.
There is almost no way the Euro can survive. What is unknown is how bad the consequences will be.
From the Desert News: With the release of a new book, ongoing protests and recent reports about Congressional insider trading and stimulus corruption, the phrase “crony capitalism” is getting noticed. When Occupy Memphis members met with tea party members on
From the Associated Press: Herman Cain told aides Tuesday he is assessing whether the latest allegations of inappropriate sexual behavior against him “create too much of a cloud” for his Republican presidential candidacy to go forward. Acknowledging the “firestorm” arising
From BloombergNews: On the morning of July 21, before the Eton Park meeting, Paulson had spoken to New York Times reporters and editors, according to his Treasury Department schedule. A Times article the next day said the Federal Reserve and
Today, in 1972, Atari released Pong video game, the first commercially successful video game. Yes, we actually played it at the time. How lame are we?
From The Hill: Supercommittee member Sen. Pat Toomey (R-Pa.) accused Democrats on Monday of torpedoing the deficit supercommittee because a success would have “stepped on” President Obama’s campaign narrative. Speaking Monday on CNBC’s “Squawk Box,” Toomey said there’s “something to”
After almost a year of litigation, Bloomberg finally won access to information detailing the full scope of the Fed’s bailout of the banks. The chart below, detailing the daily amounts MorganStanley was borrowing from the Fed, relative to its market
WASHINGTON (AP) – Democratic Rep. Barney Frank of Massachusetts is expected to announce his retirement from Congress on Monday, closing out a career of more than three decades capped by passage last year of legislation imposing new regulations on Wall
From BloombergNews: The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing. The
LOS ANGELES (AP) – Police have arrested three people after ordering Occupy Los Angeles protesters to leave a downtown intersection. The arrests came after hundreds of people gathered in the street after a deadline passed to vacate a City Hall
From Daily Mail (UK): An 18-year-old high school senior was scolded by her principal after she criticised her state governor in a tweet. Emma Sullivan, of Fairway, Kansas, was reprimanded by the head of The Shawnee Mission East High School.
Today, in 1943, FDR, Churchill and Stalin met at a conference in Tehran to plan strategy at the height of WWII.
LOS ANGELES (AP) – Hundreds of Occupy Los Angeles protesters showed no sign they planned to move Sunday ahead of a city-imposed midnight deadline to abandon their encampment, saying they would instead hold an “eviction block party.” Although city officials
From BusinessInsider: Sen. Chuck Schumer (D-NY) said Senate Democrats will put forward a plan to extend the payroll tax cut into 2012 this week paid for by a surtax on those with incomes greater than $1 million. The tax cut
From the Manchester Union-Leader: America is at a crucial crossroads. It is not going to be enough to merely replace Barack Obama next year. We are in critical need of the innovative, forward-looking strategy and positive leadership that Gingrich has
Just when everyone had made peace with the NBA lock-out, the owners and players have announced a tentative deal to begin the season on Christmas Day.
From The Hill: Politically vulnerable lawmakers are lining up as co-sponsors of legislation that would ban congressional insider trading. A “60 minutes” report earlier this month indicated that members of Congress have been trading stocks based on knowledge gained from
Today, in 1842, the University of Notre Dame was founded. Our thoughts turn to Grandpa JJ who played for Knute Rockne. Cheers!
Today, oddly, is the biggest shopping day of the year. Yeah, we don’t understand it either.
By the President of the United States of America. A Proclamation. The year that is drawing towards its close, has been filled with the blessings of fruitful fields and healthful skies. To these bounties, which are so constantly enjoyed that
As serious scientists pull back from the alarmist predictions of the UN Intergovernmental Panel on Climate Change, and from the extreme policy pronouncements of left-wing lobby groups, the complex reality of climate is starting to emerge. AFP reports today, “Global
In spite of everything in the headlines, we are all blessed. Enjoy your time with your family.
From the Associated Press: Berwick’s fate was sealed early this year when 42 GOP senators–more than enough to derail his confirmation–asked Obama to withdraw his nomination. His resignation takes effect Dec. 2. Berwick’s statements as an academic praising Britain’s government-run
From OccupyWallSt: This year’s Black Friday will be the first campaign of the holiday season where we set the tone for a new type of holiday culminating with #OCCUPYXMAS. As the global protests of the 99% against corporate greed and
From BetaBeat: The infamous $640 toilet seat which the Pentagon purchased back in the 1980′s now has a crappy, excuse the pun, modern day equivalent: a government-made mobile app with a price tag of $200,000. Rich Jones of Gun.io, a
From the Associated Press: During the first two months of the nationwide Occupy protests, the movement that is demanding more out of the wealthiest Americans cost local taxpayers at least $13 million in police overtime and other municipal services, according
Coverage of Bigs editor Peter Schweizer’s book Throw Them All Out has already permeated the news cycle, from presidential campaign ads to late-night comedy monologues. Now former mayor of New York City Ed Koch is using the examples of Congressional
By some accounts, today is the busiest travel day of the year. On normal days, airport security is a mess. (Thank you federal government!) If you’re flying today, good luck!
Tonight, CNN, Heritage Foundation and American Enterprise Institute host another debate of the GOP candidates for President. The focus of tonight’s debate is national security. The fun begins at 8pm EST.
From James Delingpole in the Telegraph: Breaking news: two years after the Climategate, a further batch of emails has been leaked onto the internet by a person – or persons – unknown. And as before, they show the “scientists” at
From the Chicago Sun-Times: A federal judge sentenced Tony Rezko to 10 1/2 years in prison Tuesday, describing his actions under Rod Blagojevich’s tenure as “selfish and corrupt.” Rezko, 56, has already served about 44 months. His daughter burst into
Gallup’s numbers as of today. Republicans are most likely to name Mitt Romney and Newt Gingrich as their first choice for their party’s 2012 presidential nomination, with Herman Cain close behind. Among all Republicans nationwide, Romney is the choice of
From the Houston Chronicle: Two Houston bike patrol officers subdued a gunman who was pointing and shooting a rifle in downtown’s Tranquillity Park near the Occupy Houston encampment late Monday afternoon, bringing moments of terror to an otherwise routine rush
Today, in 1963, President John F. Kennedy was assassinated.
In case you thought the Black Panther voter intimidation case, Fast and Furious, cracking down on Gibson Guitars, and attempting to give Kaleid Sheikh Mohammed a civilian trial weren’t enough, get ready to add another entry to Attorney General Eric
In July, Rep. Jim Jordan (R-OH), chair of the Republican Study Committee, was made to apologize to party leaders for opposing the debt ceiling deal that created the now-failed super committee. Now that events have proved his opposition to have
(Washington D.C.) – Today, the Co-Chairs of the Joint Select Committee on Deficit Reduction, Representative Jeb Hensarling and Senator Patty Murray, released the following statement. “After months of hard work and intense deliberations, we have come to the conclusion today
From #OccupyWallSt.org: We call on each West Coast occupation to organize a mass mobilization to shut down its local port. Our eyes are on the continued union-busting and attacks on organized labor, in particular the rupture of Longshoremen jurisdiction in
From the New York Post: Meanwhile, Dutro, 35, one of only a handful of OWS leaders in charge of the movement’s $500,000 in donations, checked in on Wednesday, the night after police emptied Zuccotti Park. While hundreds of his rebel
Today, in 1620, settlers of the Plymouth Colony signed the Mayflower Compact.