Troy Davis’ execution was stayed today by the SCOTUS…

Thought you should know if you didn’t already.

-bear

You who would deny that ignore history and have no credibility.

And incidentally, the extremely negative effects of the depression were countered by the US government’s New Deal spending and financial regulation. Glass Steagle regulated the financial industry – its elimination in the 1990′s created the deregulated environment which led to today’s meltdown.

To say FDR’s actions made the depression worse is an outright lie. If that were so, we would have had another depression in the second half of the 20th century; we didn’t because governments now understand that spending in recessions primes the pump of the economy.

Libertarianism applies mostly to personal behavior – it doesn’t work in complex financial environments where regulation is necessary to temper selfish irresponsible greed. Ask anyone who used to work for Lehman and is now unemployed. Take a look at the Canadian financial system – it is intelligently and responsibly regulated. How many bank, brokerage, or insurance failures are now occuring in Canada? NONE! How much government bailout money is the Canadian government proposing? $0! And what is the foreclosure rate in Canada? Less than 10% of the US rate.

And the Canadian government is in fiscal surplus, and has been for some time. And Canadians enjoy universal health care.

SOcialism works. Corporatism does not. CApitalism is dead, replaced by greedy irresponsible parasitic corporatism. Death to the parasites!

It’s simple, they say. “If you have done nothing wrong, then you have nothing to fear, right?” Oh, but that’s only true for citizens, the police OBVIOUSLY can’t do their jobs when they’re on camera. Bullshit!

“Just because somebody is a police officer doesn’t mean they give up their rights.” I guess everyone else does, right?

Wake up America, you’re on candid camera…

Accuracy isn’t a simple binary yes or no. A Wiki page on a controversial subject is certainly subjet to wiki wars, but most pages are pretty static, and pretty accurate. Look up any well-defined field like history or geography. While a wiki shouldn’t be used as an ultimate source, especially for real work, it’s better than most resources, and good enough for most purposes. That fact they citations are given is a big step up from your average blog.

Conservapedia isn’t a true wiki though, because the maintainers systematically exclude material based on an overt political goals. Wikipoedia maintainers try to avoid that (wiki wars not withstanding).

Hypocrites.

I love how this administration pretends to believe in markets.

http://www.boingboing.net/2007/11/21/top-ten-most-viewed.html

“Do you like gladiator movies?”

Seriously folks please go and vote.

I wouldn’t be too concerned. He’s probably just a fan of Fire Joe Morgan, your one-stop shop for food metaphors: http://www.firejoemorgan.com/search/label/food%20metaphors

And therein lies the problem. It seems these days the police seldom act lawfully and professionally.

http://www.thenewspaper.com/news/25/2540.asp

Although I love the economist, they fail to take into account that firing somebody in most US states requires lengthy and repeated documentation of write ups and disciplinaryproblems before people can be terminated. Just ask anyone who have tried to have a government employee fired.

“The lobster is still in the ‘AAA’ pot and still moving,” Chambers said. “The heat is turning up, but the water is still ‘AAA’ stable.”

I always get concerned when food metaphors start getting used.

Ten-year credit default swaps, or CDS, on Treasury debt widened 3 basis points to 26 basis points, according to data from CMA DataVision. This means it costs $26,000 per year to insure $10 million of U.S. Treasury debt against default.

Who the hell is making that market? If liabilities based on credit default swaps on pissant mortgage backed securities is what is driving the current meltdown, what would happen if the US Treasury actually defaulted and the writers of these CDSs were on the hook for trillions?

Who buys these CDSs on treasuries? Do they actually think they would pay off if the US Treasury started defaulting?