And don’t forget, this creep is still in Obama’s Cabinet:
Former financial regulator Sheila Bair says that Treasury Secretary Timothy Geithner was primarily concerned with shoring up Citigroup and other banks in his response to the financial crisis, rather than holding those banks accountable.
Bair went on a media tour on Tuesday to promote her new book, “Bull by the Horns,” about the government’s response to the financial crisis, which she experienced firsthand as a top financial regulator. Bair criticized Geithner in the book, and she aired some of that criticism in an interview with the Wall Street Journal on Tuesday.
“He was in constant communication with [Citigroup CEO] Vikram Pandit throughout that whole process, and I felt like he and Vikram were figuring out what they were going to do and then trying to jam it on me,” said Bair, who served as chair of the Federal Deposit Insurance Corporation (FDIC) between 2006 and 2011. “I do think that a lot of the policy decisions that were made were made through the prism of what Citigroup needed.”
Michael B. Keegan, on the difference between a provocateur and an insulting ignoramus:
When you put Ann Coulter on TV, she may say something provocative. She is also guaranteed to say something offensive, tasteless, and meant only purely to provoke controversy. These are not the same thing.
George Stephanopoulos, host of ABC’s This Week, appears to have forgotten the difference between provocative discussion and straight-up trolling.
Last Sunday, This Week invited Coulter to participate in a roundtable discussion for the third time this year. Reliably, Coulter managed to fit as many ignorant and insulting statements as she could in her time on national television while shamelessly plugging her latest book. She announced that civil rights are only “for blacks” – not for “gay rights groups, those defending immigrants, and feminists.” She continued, “We don’t owe the homeless. We don’t owe feminists. We don’t owe women who are desirous of having abortions, or gays who want to get married to one another.”
We could spend our time countering Coulter’s anti-gay, anti-immigrant, anti-feminist, anti-homeless rant, but that would be a waste of time. Her cheap attempts at provocation have kept her in the public eye for years but have never, as far as I know, led to a productive discussion. Her attacks on 9/11 widows, women voters, abortion providers, Jews and Muslims are not designed to start an honest conversation. Instead, they were shameless attempts at self-promotion at the expense of decency and civility.
Coulter is a wag without wit whose only talent is for tireless self-promotion. The fact that the mainstream media has to rely om her as a “provocative” spokeswoman for right-wing points of view speaks volumes about how low the media and American conservatism have sunk.
The genius economists will tell you that soaring food prices don’t count as a measure of inflation, and so what if their dismal science has nothing to do with the reality of poverty:
As part of Hunger Awareness Month, Phoenix Mayor Greg Stanton chose to experience what life is like for the 1.1 million food stamp recipients in Arizona.
Last week, Stanton, a Democrat, took part in a community challenge to live on a food stamp budget — just $4.16 to buy food per day, or about $29 per week for one person.
Stanton said he was barely able to meet nutritional needs and lost four pounds, according to Fox 10 News Phoenix. He skipped meals and relied on ramen noodles, pasta and coffee, according to KTAR…
A record 46.7 million Americans used food stamps in June, according to government data. But hunger still is widespread. Nearly one in five Americans did not have enough money to pay for food at times last year, according to Gallup.
From the always quotable Matt Taibbi:
Romney is an almost perfect amalgam of all the great out-of-touch douchebags of our national cinema: he’s Gregg Marmalaard from Animal House mixed with Billy Zane’s sneering, tux-wearing Cal character in Titanic to pussy-ass Prince Humperdinck to Roy Stalin to Gordon Gekko (he’s literally Gordon Gekko). He’s everything we’ve been trained to despise, the guy who had everything handed to him, doesn’t fight his own battles and insists there’s only room in the lifeboat for himself – and yet the Democrats, for some reason, have had terrible trouble beating him in a popularity contest.
But let’s not be too sure Dems won’t find a way to make this race go down to the wire. Taibbi’s article is as much about the incompetence and cowardice of the Democratic establishment as it is about the Romney’s lack of charm.
From Huffington Post:
The chief of the Cherokee Nation on Wednesday demanded an apology from Sen. Scott Brown (R-Mass.) for what he called an “uneducated, unenlightened and racist portrayal of native peoples” by senior staff on his campaign and in his Senate office.
At a recent campaign rally, senior Brown staffers led a crowd of Brown supporters in a series of “war whoop chants” and “tomahawk chops,” an attempt to mock Elizabeth Warren for citing her Native American ancestry in a Harvard guidebook…
The Cherokees might wait a long time. Brown can’t distance himself from the Romneybot’s agenda. He took the low road out of desperation because he knows he can’t make a credible case for Republican wing-nut ideas.
Has it occurred to anyone in the Obama administration that it’s not a good idea to make millions of enemies in a volatile state that has a large cache of nuclear weapons?
A study by two leading U.S. universities is criticizing the U.S. administration’s use of drone strikes against militants in Pakistan as counterproductive. But Washington considers the strikes crucial to its war against terrorists.
The report titled “Living Under Drones” is based on nine months of research and more than 130 interviews with victims, witnesses, experts, and media reports.
Conducted by Stanford/New York University, the study says drone strikes targeting militants in northwest Pakistan kill civilians as well as militants, undermine international rule of law, and may motivate additional militant attacks…
Remember the pepper-spray cop and UC Davis Chancellor Linda Katehi, the person ultimately responsible for the clownishly brutal treatment of students by campus cops? UC has agreed to settle the suit brought by students. From Truthdig:
The University of California on Wednesday reached a settlement with the 21 UC Davis students and alumni who were pepper-sprayed by campus police during what was otherwise a peaceful demonstration last year in support of the Occupy movement.
Each of the protesters who were sprayed will receive $30,000 from the UC system. But wait, that’s not all.
The Los Angeles Times reports:
The agreement, which must still be approved in federal court, also calls for UC to pay a total of $250,000 to the plaintiffs’ attorneys and set aside a maximum of $100,000 to pay up to $20,000 to any other individuals who join the class-action lawsuit by proving they were either arrested or directly pepper-sprayed, a university statement said.
…The settlement also calls for UC Davis Chancellor Linda Katehi to write a formal apology to each of the students and alumni who were pepper-sprayed or arrested
In total, the UC system will pay out nearly $1 million in the settlement.
I wouldn’t have settled unless the school agreed to fire Katehi.
Footnote: What happened to the pepper-spray cop, Lt. John Pike, after he became an Internet meme? Did the CIA hire him to work at a black ops site?