Monthly Archives: February 2010

“People Got To Be Free”

The Rascals, 1968:

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Frederick Douglass on the Patriot Act

August 3, 1857: “Find out just what any people will quietly submit to and you have found out the exact measure of injustice and wrong which will be imposed upon them, and these will continue till they are resisted with … Continue reading

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The Great American Kabuki Dance

“Politics is not about ideology – it’s little more than an over dramatic stage play  .  After the first year of the Obama administration the change he talked about has not occurred.  The reason is simple, policy is not made … Continue reading

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Rahm Goes to the Capitol to Get Pelosi’s Mind Right

Don’t do it, Nancy. Don’t do it: “Rahm Emanuel ventured to the Capitol Friday evening to hash out health care strategy with House Speaker Nancy Pelosi (D-Calif.), a White House aide confirmed. Senior Hill aides speculated to HuffPost that Emanuel, … Continue reading

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Those Who Profit from Foreclosures In Charge of Anti-Foreclosure Program

From the Washington Independent (emphasis added): “One year after the Obama administration launched its $75 billion anti-foreclosure program the housing market remains volatile, loan modifications have been scant, foreclosures are still sky-high — and more and more lawmakers are wondering … Continue reading

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The Case of the Vanishing Justice Department E-Mail

The legacy of Rose Mary Woods is alive and well at the Justice Department: “Large batches of e-mail records from the Justice Department lawyers who worked on the 2002 legal opinions justifying the Bush administration’s brutal interrogation techniques are missing, … Continue reading

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Rubin May Testify Before Financial Crisis Commission

One of the architects of the financial meltdown, and the Godfather of the Obama economic team, might have some ‘splainin’ to do. From Bloomberg: “Robert Rubin, the former U.S. Treasury secretary who later advised Citigroup Inc. as the bank piled … Continue reading

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Freddie to Stop Buying Interest Only Mortgages, Finally

Karl Denninger at Market Ticker on Freddie Mac’s announcement that they are finally going to stop buying and securitizing interest only mortgages: “Freddie (and Fannie) had no business getting involved in these toxic self-immolation devices in the first place as … Continue reading

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Democrats Cave on Torture Amendment: So What Else Is New?

While all the attention in Washington yesterday was focused on the posturing and pontificating over health care reform, there was something else going on. Democratic Congressman Sylvestre Reyes, chairman of the House Intelligence Committee, proposed an amendment to the 2010 … Continue reading

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The Afghanistan Quagmire Deepens

Despite the fact that between 400 and 1,000 insurgents have 15,000 NATO and Afghan troops bogged down in Marjah, an operation in which the overwhelming numbers were supposed to make short work of those insurgents but which the Pentagon now … Continue reading

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