Entries by emptywheel

GM Gets Its Loan; No Bankruptcy for Now

When it was announced Sunday that President Obama had decided against appointing an “Auto Czar”, instead opting for a panel of Administration financial experts including, but not limited to, Treasury Secretary Timothy Geithner, National Economic Council Director Lawrence Summers and Ron Bloom, it pretty much signaled that the Administration was going to continue to work with GM as an existing, functioning entity instead of forcing them into bankruptcy. Monday night, that was confirmed.

Conason’s Lost Truth About Reconciliation

Joe Conason has a new piece out in Salon that is enough to cause sane heads to explode. Noting that, like math, bringing accountability is hard Conason biliously opines that Obama ought to pardon Bush/Cheney miscreants and establish a truth and reconciliation commission. This is a half baked idea, at best.

Any Bets Burris Did Bundle Donations?

Here’s a prediction of where the new Burris controversy is going: I suspect we’ll find out, in coming days, that while Burris did not donate directly to Blago, he never refused to bundle donations for Blago. I don’t know whether Burris actually did bundle donations, but I suspect we’ll learn that Burris has never refused to bundle donations.

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