The Really: Was America’s version of free markets just a clever ponzi scheme? President-elect Barack Obama in a speech at George Mason University this morning laid the blame for the current economic disaster firmly at the feet of the unregulated markets touted by the Reagan, Greenspan, Bush doctrinaires. In a crisp, clean speech outlining the [...]
The Really: Late breaking news from CNBC shows that the Citi never sleeps when it is trying to put together a deal to save itself. Breaking now: Citi is trying to work with the Government to sell assets or receive a bailout-in (or “out” as you prefer) but the situation is fluid. (The mind boggles [...]
The Really: When it comes to our ailing economy, we really need to hear someone make statements like “By any means necessary…” In a recent blip, Barack Obama said he would “do what’s necessary” to fix an economy that looks like a face that has been beaten to a bloody pulp. I don’t think American’s [...]
The Really: Maybe Preston Sturge’s classic film is just what we need right now. It’s Sullivan’s Travels and it was in a string of hits by the highest paid director/writer of his time Preston Sturges. Released in 1941 it tells the story of director John L. Sullivan who wants to make a social-problems film called [...]
The Really: Neel Kashkari (Assistant Bailout Czar) needs a bailout from the crazy mean Congressmen today. Congressmen tear Neel a new one. Video to follow.“I assure you the secretary is passionate about this,” Kashkari said.“Passionate about what?” Kucinich said.“About helping homeowners,” Kashkari replied.“Where?” Kucinich asked, sarcastically. “What country?”“We are using all the tools available to [...]