Entries by emptywheel

Feingold

The Senate just lost its most principled member, Russ Feingold. Consider it a beacon of our money- and fearmonger- drenched politics. Feingold was the perfect politician for America as our founders envisioned it. But a terrible politician when seats go to the highest (foreign) bidder or those screaming the loudest about heebie jeebies. But as […]

Share this entry

How’s Tim Kaine Working for You Dems?

At this point of the evening, let me remind you that Tim Kaine, former Governor of Virginia, is the DNC Chair presiding over this debacle tonight. Sure, sure, it’s a wave election. Presidential parties always lose in the first midterm. But Virginia: Bob McDonnell wins Ken Cuccinelli wins Tom Periello loses Glenn Nye loses Rick […]

Share this entry

Freddie Repossesses Its Files

Fannie Mae and Freddie Mac had already suspended all their work with David Stern. But now they’ve officially severed all relations with him and Freddie has taken their files away. Freddie Mac took the rare step of removing loan files after an internal review raised “concerns about some of the practices at the Stern firm,” […]

Share this entry

Republicans Trying to Capitalize on Housing Crisis, Again

You may remember how, in 2008, MI’s Republicans planned to conduct voter caging at the polls based on foreclosure lists (Democrats went to court to stop this). It appears the Republicans–this time in Kansas–are trying similar cynical efforts to capitalize on the housing crisis with robocalls telling voters they must own a home to vote. […]

Share this entry

NYT and the Iranian Capture Story

In a curious story yesterday, the NYT quotes freed Iranian captive Sarah Shourd explaining that when she and two other hikers were captured in July 2009, they were inside Iran. Ms. Shourd, 32, said she wanted to correct the gathering false impression, fueled by a classified United States military report made public last week by […]

Share this entry

Rattner, Wagoner, and How to Run a Car Company

I’m going to have a few follow-up posts about Steven Rattner’s Overhaul generally and Saturday’s book salon on it. But for the moment, I wanted to add something to two excellent reviews of it by Malcom Gladwell and Felix Salmon. Together, they both distinguish between the product GM makes and the debt it had. Here’s […]

Share this entry

Let the Drones Begin

Fresh off exempting Yemen from any sanctions for its use of child soldiers and partly in response to this week’s attempted package bombings, the government appears to be ready to let the CIA start operating drones in Yemen. Allowing the U.S. military’s Special Operations Command units to operate under the CIA would give the U.S. […]

Share this entry

Citi’s Fear

I wanted to return to a detail I mentioned in yesterday’s book salon. As I noted, in his book on the auto bailout, Steven Rattner described Citi as being worried during the Chrysler negotiations that retail customers would retaliate if Citi played hard ball. Bankers for Goldman and Citi had advised [JP Morgan Chase VP […]

Share this entry

FDL Book Salon Welcomes Steven Rattner, Author of Overhaul

I come to Steven Rattner’s Overhaul: An Insider’s Account of the Obama Administration’s Emergency Rescue of the Auto Industry from a very particular perspective. As a Michigander whose husband still works in the auto industry and whose town has benefited from battery subsidies, I’m a grateful direct beneficiary of the work the Obama Administration did […]

Share this entry

Trash Talk: Giants v. Texas

Apparently, football started early this week, with San Francisco’s team beating the Texas team one TD, a conversion, and a field goal to a TD on Wednesday, and shutting them out last night with three field goals. I understand the quarterbacks in these games have been a big part of the story, with the QBs […]

Share this entry