The headline: U.S. Markets Soar in Early Trading…
Stock markets shot up as much as 4 percent this morning after the Treasury Department unveiled a new plan to help banks cleanse their balance sheets of toxic assets.
[...] The gains amount to a vote of confidence by investors in the program to purchase toxic assets, known as the Public Private Investment Plan. It calls for the government to partner with private investors to buy between $500 billion and $1 trillion in troubled real-estate related loans and securities that have poisoned financial institutions and destroyed investor confidence. Those assets will then be auctioned to the highest bidder, removing them from banks’ balance sheets. …
Political art by Paul Szep used by permission.
GeoT really isn’t here but he’s the one who sent me to the “new thread.”
Very interesting article on the dynamics inside the Obama economic team.
Inside Obama’s Economic Brain Trust
It’s not pretty at this moment.
By John Heilemann Published Mar 22, 2009
http://nymag.com/news/politics/55511/
(I’m not here)
CoralineHart says:
23 March 2009 at 12:35 pm
______
VERY good article. Thought provoking and looooong.
Here’s my excerpt:
“The balancing act that Obama must therefore pull off is a hell of a party trick. He must court the elites without pissing off the masses and soothe and provide catharsis for the masses without alienating the elites”
so true.
Indeed GeoT.
I also recommend the 2 articles by Eliot Spitzer (on slate.com) on the real AIG scandal (much shorter!) but as interesting. I for one hope that there will be full transparency on what went on.
CoralineHart says:
23 March 2009 at 12:52 pm
Indeed GeoT.
I also recommend the 2 articles by Eliot Spitzer (on slate.com) on the real AIG scandal (much shorter!) but as interesting. I for one hope that there will be full transparency on what went on.
____
I’m having trouble taking Spitzer seriously just yet. Especially when his girlfriend is back in the news… I need more time.
I know I should be more grownup.
Exhale. Next up…..whose the lucky hedge fund managers. Can’t wait to see the next billionaires.
They will make a flipping fortune off of this. (It’s worth it!)
The concept makes sense. The stock market is reacting positively, which is good. However, we’ve a ways to go before we see a real recovery. Stock market will bounce around quite a bit for some time to come.
Obama can hasten the recovery by fixing his budget so we don’t have trillion-dollar deficits as far as the eye can see.
Oh, this is helpful.
Right-wing ‘tea party’ protest in Orlando features signs calling for the impeachment of President Obama.
http://tinyurl.com/dl2g6c
Crazy people. It’s been 60 days, impeach him for what?
Audiegrl says:
23 March 2009 at 2:07 pm
http://tinyurl.com/dl2g6c
Crazy people. It’s been 60 days, impeach him for what?
______
One reason jumps immediately to mind AG.
If they’re protesting about his economic plan why the “Obama Bin Lyin” signs? Just a catchy phrase? Or maybe he’s a closet Muslim
(paging justlen)
ogenec says:
23 March 2009 at 1:52 pm
Obama can hasten the recovery by fixing his budget so we don’t have trillion-dollar deficits as far as the eye can see.
______
are they under or over estimating revenue in their projections? IYO
GeoT
These protesters look very familiar? Maybe the same people from the McCain/Palin rallies?
GeoT, in my opinion, they are grossly overestimating revenues. They are using baseline assumptions for growth of the economy and unemployment that most economists now dismiss as unrealistic: http://www.time.com/time/nation/article/0,8599,1887073,00.html
I agree with you that things may be starting to turn. I am concerned that, in Obama’s effort to do everything at once, we plunge into a more sustained recession. I am probably in the minority here, but I am happy to see that the “centrist Democrats” in the Senate are determined not to see that happen.
I agree with that djjl. I agree with allot of what Krugman says but sometimes I get the feeling he only want’s HIS ideas to be implemented.
The fact that he thinks the TARP wasn’t BIG enough should tell you which direction he was going in. Can you imagine the outrage now if the Trillions everyone is yelling about had been doubled, like Krugman called for? And nationalizing the banks? It would never be allowed to happen.
GeoT
The point being made was that to little was done earlier. If the proper amounts had been done earlier, there wouldn’t have needed more or as much more. It’s like leaving a gunshot wound to be treated with a bandaid. Only more problems can come from that.
BTW
Both Eliot Spitzer articles are posted on this site at “In The News.”
ogenec says:
23 March 2009 at 2:33 pm
I agree with you that things may be starting to turn. I am concerned that, in Obama’s effort to do everything at once, we plunge into a more sustained recession. I am probably in the minority here, but I am happy to see that the “centrist Democrats” in the Senate are determined not to see that happen.
____
He needs input from all perspectives on this. And I agree there is a small chance the whole thing could implode into “something even worse” Non-action would have guaranteed that outcome IMO.
I need to study the budget proposal some more before I weigh in… it’s a big cookie to bite into
OT I know – but —
I understand why Palin immediately jumped on Obama’s unthinking Special Olympics comment (and geez, people, he was talking about the way people were faux-applauding his poor bowling – especially Jay) as chronicled on ‘The View’ this morning (she is SO obvious with her politics) – BUT —
Why isn’t anyone (Joy sure missed this) talking about the fact she just *turned DOWN* $millions$ for Special Education in the Stim package ? !
Isn’t that normally called “hypocritical” ??
Probably because not many people are interested in her. She is transparently political and not prinicipled in her actions. I think the last 8 years have taught many citizens that this is serious business.
pmichael says:
23 March 2009 at 2:39 pm
_____
plus there’s an article that her saying “NO” didn’t really mean NO:
Palin Flip Flops On Stimulus In Face Of Anger
http://community.adn.com/adn/node/139475
“And I agree there is a small chance the whole thing could implode into “something even worse” Non-action would have guaranteed that outcome IMO.”
I’m very much for action. I support Obama’s efforts to restart the economy. I just think we should hold off on Obama’s other ambitions, which I also support, until this economy is self-sustaining again. That’s all.
Probably because not many people are interested in her. djjl
You must not have very many right-wing friends. *L*
No, I don’t. But the ones I do are not interested in Palin.
Actually, wingnuts are likely the only “conservatives” attracted to her.
djjl, my right-wingers think she is the “savior” of the Republican Party. If I try to counter with Jindal or Newt ? they turn their noses up. Obviously, Palin also thinks she’s the 2nd coming.
I know “Republican Women” is actually an oxymoron
(similar to ‘Black Republican’ or ‘Gay Republican’ *L*) – but perhaps that’s why I’m getting different feedback. Most of my right-wing connections are women.
Oh wait, wait…….not so fast. I think a lot of us are curious about Sarah. We wait to see.
I have an automatic tally in my head about false stories. They are running about 70-80%. Press hits her. Within 48 hours, the story is reversed. But, of course, the reputation damage lasts.
Now, I have this funny take on highly polarized people who draw this kind of fire. They have a unique opportunity to turn it around on a dime.
She MAY, in fact, be nothing more than a far-right gal. But I’m not sensing that. She’s vastly underestimated, in my opinion.
And that’s not a bad spot to be in right now, by the way.
Jindal types are going to emerge and submerge.
We’ll see. It depends upon whether she moves substantively. She did on her way up in Alaska. Let’s see if she makes a real jump nationally.
(And, no….I never thought she was presidential material. She was, in my opinion, quite fine as VP….CERTAINLY as good as Biden.)
Geo….I heard her speech, and she said that she was inviting discussion. The stimulus recommendations are just that…..her staff’s recommendations.
But she made it quite clear she was open to discussion.
Currently, 57% of Alaskans polled agree with her take on what’s good for Alaska.
But they are in discussion mode now. What’s sort of rough for these congresspeople is that they get to do it nationally. *haha
They no longer are the ignored state.
Ogen….just to have a rally, yet again? That’s bona fide optimism. Wall St. likes this plan today. I’m not sure they would have liked it a month ago, but at this point, they are ready to go with it. There are going to be some financial institutions which avoided the high-risk maneuvers who are very disappointed. This puts the idiots back into play, and the more prudent financial groups really deserved to “win” on this one. But….alas…..it’s too big for a fair free-market playing ground.
We gotta do what we gotta do.
Somehow I shudder whenever wall street is happy about something because you know some mf’er is making money they do not deserve …
Then again, someone has to make money to balance all those NOT making it …
Blackrock climbs aboard Tim’s plan and invests.
“AnninCA says:
23 March 2009 at 3:34 pm
Oh wait, wait…….not so fast. I think a lot of us are curious about Sarah. We wait to see.
I have an automatic tally in my head about false stories. They are running about 70-80%. Press hits her. Within 48 hours, the story is reversed. But, of course, the reputation damage lasts.”
That’s just flat out horsesfeces. WHAT story has been reversed since the election, and even then about the only stuff that was flat out lies was the disgusting crap about her downs syndrom child “really” being her daughters.
I would like President Obama stipulate that the stimulis money is all or nothing. I am sick to death of these repugnantklan hipocrits and their santimonius lying through their taxepayer straightened and whitened teeth.
And where are all the repugnantklaners that were chanting that the stock market was the measure of President Obama’s popularity with the investers huh?!
Somehow I shudder whenever wall street is happy about something because you know some mf’er is making money they do not deserve hc4bo
Obviously – you haven’t seen what’s been done to some people’s retirement investments in the last few months. They’re not “making money” – they’re “getting some of their losses back”.
“hc4bo says:
23 March 2009 at 3:48 pm
Somehow I shudder whenever wall street is happy about something because you know some mf’er is making money they do not deserve …”
I know, I know. And it frosts my doughnut no end. But for now we have to plug the leaks in the ship of atate after the repugnantklaners and their rich buddies ran it aground. PUUUUHLEAZE let’s hope that our and Congress and the Presidents memories don’t fade after things are stable again.
At some point in time SOME kind of justice that the masses can see and understand is going to have to be delt out to those responsible or a festering infection will be left to grow and poison our entire system.
pmichael says:
23 March 2009 at 3:25 pm
djjl, my right-wingers think she is the “savior” of the Republican Party. If I try to counter with Jindal or Newt ? they turn their noses up. Obviously, Palin also thinks she’s the 2nd coming.
——————————————–
Are you actually saying we have a NEW Messiah in the making … ?
What happened to the supposed Messiah from the last election .. ? lost his shine already … ?
Funny the Repubs have found their own after the name calling from the past election season …
(nb: I sense the first attack ad from the Obama campaign of 2012 will begin with the phrase, “She’s the biggest celebrity in the world … But is she ready to lead ?” interspersed with images of Britney of course …)
WOW!
Dow 7,749.89 +471.51 +6.48%
Nasdaq 1,546.78 +89.51 +6.14%
S&P 500 820.08 +51.54 +6.71%
_________
I made fresh banana nut bread to celebrate
(And, no….I never thought she was presidential material. She was, in my opinion, quite fine as VP….CERTAINLY as good as Biden.)
AnninCA,
Biden was overseas in Pakistan and Afghanistan almost immediately after the election. Talked with Karzai and others. I’ll just bet Palin would have been doing that.
Let’s not mention the ethics investigation of the week with her (this week it’s using the goveror’s office for politics, a violation in Alaska). Right now, she’s busy with indignant outrage about Special Olympics while simultaneously refusing education money for special needs kids.
AnninCA says:
23 March 2009 at 3:37 pm
Geo….I heard her speech, and she said that she was inviting discussion. The stimulus recommendations are just that…..her staff’s recommendations.
_____
granted, but she’s still playing politics. And the swipe she took at Obama over the Special Olympics gaffe was declasse so I’m not letting her off the hook.
pmicheal:
Obviously – you haven’t seen what’s been done to some people’s retirement investments in the last few months. They’re not “making money” – they’re “getting some of their losses back”.
———————————-
I know some current retirees will be comforted to see some gains in the markets BUT in the larger context, with regards to the new Treasury plan and it’s reception by wall street, some fat cats” are actually going to become “obese” (for lack of a better analogy) and THAT is what pains me since their GREED from the past 8 years did NOT induce any punishment per say …
pmichael
One of the people I most admire is an AA conservative Republican. He is not a wingnut, nor is his AA wife who too is a conservative Republican. Without a doubt, they are two of the kindest, most wonderful people I have ever met. I am blessed to call them friends. He serves on the US 8th District Court. His name is Lavinski Smith. I pray that people like him – not Palin – are the future of the Republican Party should it continue to exist.
ogenec says:
23 March 2009 at 3:02 pm
I’m very much for action. I support Obama’s efforts to restart the economy. I just think we should hold off on Obama’s other ambitions, which I also support, until this economy is self-sustaining again. That’s all.
____
guess what? we agree.
Right now, I don’t care about the fat cats – I’m worried about the rest of us. We can see that they are put on a diet after we get enough to survive.
pmichael says:
23 March 2009 at 3:25 pm
djjl, my right-wingers think she is the “savior” of the Republican Party.
________
so does Rush Limbaugh…. I think he’s in loooooove.
+500 “booya Jim”
Love this traffic, TM.
Gotta run.
That Palin criticism of the President on his “gaffe” ( if that is what they are now calling self deprecating jokes ) is Political Grandstanding at it’s BEST …
Let’s pull off the straws here and actually compare their records on Special Needs issues ( regardless of who has a down syndrome baby or not ) …
I BET the President BLOWS her out of the water in his SUPPORT of Special Needs issues …
Wall Street liked something:
Dow industrials+497.48 +6.84%
last 7775.86
hc4bo says:
23 March 2009 at 3:48 pm
Then again, someone has to make money to balance all those NOT making it …
______
allot of truth in that statement. I’ve been sayng for sometime that our 80% stake in AIG just might return a PROFIT to the treasury… it is a very real possibility, especially now.
djjl says:
23 March 2009 at 4:03 pm
Right now, I don’t care about the fat cats – I’m worried about the rest of us. We can see that they are put on a diet after we get enough to survive.
———————————-
Well, that is actually how the President sees it too, and I am hopeful he actually gets to enacting some common sense regulations so as to put a stop to the GREED in these big corporations where the top CEO’s make 400x whatever the average worker in the same company gets WHILE at the same time carrying the LEAST risk when the company TANKS …
Omigosh, my Man Jeeves…..you missed the article this weekend about the fiasco Biden created in Afghanastan. He walked out in a huff, after yelling at “what’s-his-name.” I wait for Taylor to train us all to know these names off of our fingertips.
He’s a disaster. Loveable….but thankfully, Obama is young and healthy.
secularhumanizinevoluter says:
23 March 2009 at 3:50 pm
_____
sec: Plain will take the money, Sanford will take the money. They’ll ALL take the money when they think they have the proper cover… You think people in Alaska want to say no to participating with the rest of the country? Besides that bridge to nowhere is not going to build itself
oops… meant Palin, I always do that. ;0
hc4bo says:
23 March 2009 at 4:05 pm
That Palin criticism of the President on his “gaffe” ( if that is what they are now calling self deprecating jokes ) is Political Grandstanding at it’s BEST …
hc4bo
It was an attempt at a self-deprecating joke. However, there is no question it was a gaffe. President and Mrs Obama I am certain would agree on that. It definitely was not intended to hurt.
Palin’s problems are not “gaffes” – she intends, by her policy stances – to allow harm to others . She is definitely elitist in my mind.
AnninCA
Got a link for that you could post. I missed that – been trying to get these wedding plans COMPLETED for my daughter so I can quit thinking and worrying about what is not done. ;-(
AnninCA:
He walked out in a huff, after yelling at “what’s-his-name.” I wait for Taylor to train us all to know these names off of our fingertips.
——————————————-
At least he knows and understands what he is in DISAGREEMENT about when he walks “out in a huff” …
He has an informed position ( based on years of experience ) and is principled enough to stand by it …
AnninCA:
I Googled for your Biden story and came up with zilch… see what you can find, just don’t link us to Newsmax and you’ll be fine
I have serious, serious misgivings about Wall St. I watched it up close.
Management is out to rook investors. That really has been the name of the game for at least 20 years or longer. I watched it, know, and was a “peon” who did a lot of the writing work to make that magic happen.
The old-fashioned values that people keep talking about, which involve a high degree of ethics, etc., have not been commonplace in corporate America for at least 20 years.
We are here for good reason, in short.
And I’m going to really bother some of you. Part of the reason is a lack of spiritual centering.
To believe in something bigger than oneself requires some humility. Right now, you all make a lot of fun of Sarah Palin, for example. She’s clearly not one of the judgmental types. Her treatment of her daughter has been as “liberal” as any good liberal family I know. She’s not into sin and over-moralizing or any of that junky stuff.
But still, her faith is targeted as negative.
I take umbrage with you all on this point. I think to not play God is good. I don’t like formal religion’s “rules.” But I do very much agree that faith in something bigger is important for mankind.
We have lost a sense of just living a good life is good enuf. It really has become a crassly materialistic society.
Issues like excessive executive compensation are proliferating because the values of our society have disappeared. You are nearly considered an idiot if you represent otherwise.
And people contribute to this. Sarah Palin is a bit of a tale, in this regard. Her family couldn’t “dress the part.” She was clearly the least well-heeled of all the candidates.
Would you like to wager a guess at the number of negative stories about this?
The disdain of the left isn’t about her using money wrongly. It’s really about her having to accept help to dress the part.
And you guys, if you dig just a bit, know I’m right.
That was the real issue.
And that is true materialism.
djjl:
However, there is no question it was a gaffe.
———————————
I’m NOT saying it wasn’t quite hurtful BUT the man apologized to the SO chair even BEFORE this became news. He KNEW what he said was uncalled for.
Now for another person to come out and slam the President WITHOUT acknowledging the President’s already provided apology all for the purpose of ( in my thinking ) advancing a ( stale ) political ambition ( not to mention the hypocritical stance of rejecting SO funds ) is PATHETIC …
PMichael:
Blackrock is practically begging to get in on this program. It will be profitable for both sides (like the RTC). including us.
Ann:
you’ll never get it. It’s not her faith, or anyone’s faith that is the problem. It is the Republicans desire to legislate morality based on THEIR belief system. Morality is not one size fits all. Choice is wide open… What Palin and the Republicans want to do is decide what is right and what is wrong through the filter of Religion. That’s wrong. Plain and simple. or Palin and simple
She so doesn’t represent that kind of thinking. If I were her daughter, in the situation, I’d want her as my mother.
Sarah has been nothing but supportive ……
And nothing like your portrayal.
DJ……I cannot find the article. I’ll keep looking. It was about Biden’s visit and the snags we’ve reached in Afghanastan with the current “administration,” whom Obama clearly doesn’t support.
… I feel better now.
LOL*….I told you I’d upset some of you, Geo.
I think you guys are off-base on her on a personal level.
Politically speaking?
Maybe not. I think she would, for example, appoint pro-life judges. Most of my “normal” friends did veer back to Obama based on that one single issue.
Why, I frankly don’t know, other than they are frightened of having abortion rights become a centerpiece.
Not that anyone bothers with abortion these days.
They all clearly just have the baby.
40%….out of wedlock.
That makes the entire abortion issue rather moot, in my mind.
Apparently, abortion is “out.”
Having a baby you can’t really support is “in.”
Grandma will take care of it.
I don’t agree with this attitude, btw, but it’s where we are clearly at. I’ve told my own child, who isn’t a child now, “Don’t even think I’m up to raising another kid.” I may admire families like the Palins, but I’m not about to go there.
Back to the topic. Geithner slid into home today. Nothing better than being considered an “out” and then having his plan hit a homerun.
All he has to do now is actually get those investors, and based on the plan I saw…..heck, I want in.
Then, we’ll see if the entire idea works.
If it works, Obama can name his tune.
It it works half-way, Obama can whistle a refrain.
If it doesn’t work, Obama will be equal to Bill C., met with an opposition congress and triangulating to beat the band.
As a non-Obama voter, I completely understand his strategy and am, frankly, amazed that he had the chutpah to go for it.
40%….out of wedlock= B. Palin
AnninCA says:
23 March 2009 at 4:49 pm
They all clearly just have the baby.
40%….out of wedlock.” = Bristol Palin
Having a baby you can’t really support is “in.”= Bristol Palin
Grandma will take care of it. = Sarah Palin
I don’t agree with this attitude, btw, but it’s where we are clearly at
_____
see what you just did?
They all clearly just have the baby.
40%….out of wedlock.
That makes the entire abortion issue rather moot, in my mind.
Abortion no longer an issue? You are clearly delusional. If Roe v Wade is overturned (it probably will be with the present Supreme Court much less one appointed by a republican president), the entire Deep South will be 100% arbortion -free within a year, and that includes rape and incest victims. And probably anyone who can’t get a dozen doctors to certify that they will die if they have the child.
“As a non-Obama voter, I completely understand his strategy and am, frankly, amazed that he had the chutpah to go for it.”
My hope is that it is getting clearer that Obama plays a long-range game, and is not beholden to the fickle whims of the news cycle. The same folks calling for Geithner’s head a few short weeks (days) ago are falling all over themselves to praise his plan. Some of us here — ahem, ahem — counseled for patience. Looks like we’re being vindicated.
I had no doubt it would unfold in this way.
AnninCA says:
23 March 2009 at 5:02 pm
Back to the topic. Geithner slid into home today.
_____
amazing how he went from chump to champ overnight isn’t it?
Just got home from work and read through the entire thread. Wow – what a tiresome old wind from the west.
This started out to be an interesting discussion but I think I’ll go join Betsy on the Norfolk Eagle Watch.
While we’re back on Palin, just remeber – an inependent investigator found by any objective standard she violated Alaska’s ethics law.
It will also be interesting to watch her people explain her tax issues – I assume she has to refile her 2007 and 2008 taxes to include all the income she didn’t report (the per diem and money for trips for her kids that she billed Alaska).
And she can run as the education candidate – you know the one who values education so much that her two high school aged kids both dropped out while she was governor.
ogenec says:
23 March 2009 at 5:16 pm
Some of us here — ahem, ahem — counseled for patience. Looks like we’re being vindicated.
I had no doubt it would unfold in this way.
Exactly. Geitner is not a sound-bite guy. Never will be. But as I said a few weeks ago, I would rather have the shy, but smart nerdy guy fixing the economy, than the guy who ‘sounds’ good and likes to hear himself talk on TV. Obama had confidence in him for a reason, and would have no reason to trust him to do the job if he wasn’t up to the task. If Geitner fails, so does Obama.
AliceP says:
23 March 2009 at 5:20 pm
I think I’ll go join Betsy on the Norfolk Eagle Watch.
_____
do you have a link? I want to check that out…
and you’re right, haven’t seen Betsy today…
Ahem*……no, wrong, Jeeves.
Reread the final verdict.
ahem
since everyone else is saying it
Sort of Geo…..but I have been entertaining the notion that Obama team is letting the “water cooler” effect work. That is what we used to call it in corporate.
The strategy is simple. Let the information out. Let out the “outrage” over the watercooler.
By the time you announce, the same ole arguments are known by all.
It’s more quickly accepted.
We used this stratgy alot in the S&L industry, when we were on the ropes.
It works.
So Ann…. what meeting did Biden “storm out of”?
(thought I forgot didn’t you??)
AnninCA says:
23 March 2009 at 5:31 pm
By the time you announce, the same ole arguments are known by all.
It’s more quickly accepted.
______
it helps when the plan you release is actually sound economic strategy with a damn good chance of getting the country back on track… that makes a difference.
GeoT, you’re funny. Audiegrl, bingo. Please tell ‘em for me: stop messing with Obama… The man’s a jujitsu master!!
Can’t resist this quote: “I love it when a good plan comes together.”
GeoT says:
23 March 2009 at 5:31 pm
So Ann…. what meeting did Biden “storm out of”?
(thought I forgot didn’t you??
I didn’t think you forgot and I haven’t either.
AnninCA
Sometimes I think you have valid positions. But your comments about Biden with nothing to support it is the thing you accuse those who don’t care for Palin of doing with supporting information.
Well, anyway, folks. I think this was a good day for Obama team. A tick-up in the global market means that it’s a plan the world has decided could work.
Buying up the toxic assets is a way to create a bottom.
I’m sorry. Maybe it was a radio show. I love to listen to John Bachelor. It could have been on that show, which is why I can’t find a print article.
But Biden did stomp out of a major meeting.
It was considered an affront, although not against the ultimate goal of Obama.
Taylor will tell us more. She’s the foreign policy guru.
But apparently, we’re about to back an alternative president in Afghanastan.
I’ll let her inform us more.
ogenec says:
23 March 2009 at 5:36 pm
GeoT, you’re funny. Audiegrl, bingo. Please tell ‘em for me: stop messing with Obama… The man’s a jujitsu master!!
LOL. I like this quote too:
“Just like Mr. Spock, Obama is playing three-dimensional chess, and the Republican’s are still playing checkers.”
AnninCA says:
23 March 2009 at 5:43 pm
I would think if Biden did something like that it would have hit the fan especially with O’Reilly and his ilk.
this will get most anyone’s blood boiling… the disrespect is appalling:
Tammy Bruce Calls The Obamas “Trash In The White House”
http://www.huffingtonpost.com/2009/03/23/tammy-bruce-calls-the-oba_n_178109.html#postComment
New:
Cuomo:
9 of top 10 AIG bonuses “returned” 15 out of 20 total.
Oh please, Tammy Bruce is a talk show hostess. She has to be flamboyant.
And yes, I saw where the bonuses are being returned. This is, in my opinion, the influence of Geithner and the government appointee.
Job or bonus……choose.
AnninCA says:
23 March 2009 at 6:00 pm
Oh please, Tammy Bruce is a talk show hostess. She has to be flamboyant
_____
Ann listen to that audio and if you still want to pass it off as “nothing” then at least I’ll know where your head’s really at. That was hate speech on the public airwaves. “Flamboyant doesn’t forgive hateful.
GeoT says:
23 March 2009 at 5:50 pm
this will get most anyone’s blood boiling… the disrespect is appalling:
I have to stay away from that one. I might say something equally appalling about Ms. Bruce. ‘-)
Booya… “we’re going hgher” Cramer
(last week I hated him)
Audiegrl says:
23 March 2009 at 6:04 pm
I shouldn’t have posted it… Let HuffPo handle it.
Boy am I glad I missed the entire discussion devolving back to Caribou Barbie.
Yeah, we need more of her values. Her book burning, wolf shooting, creationist, “no rape kit for you” values.
Like a hole in the head.
Anyone catch Rep. Bachman saying people should be “armed and dangerous” in resisting Obama?
So, is this Bruce chick (who I had never heard of until today) the progressive Ann Coulter?
Could she have been a member or PUMA?
“Anyone catch Rep. Bachman saying people should be “armed and dangerous” in resisting Obama?”
What a total nutjob.
From another site:
“If you took Ann Coulter, dyed her hair dark, and removed about 50% of her remaining brain matter (along with the Adam’s apple and penis), the result would be Michelle Bachman.”
hc4bo says:
23 March 2009 at 4:05 pm
That Palin criticism of the President on his “gaffe” ( if that is what they are now calling self deprecating jokes ) is Political Grandstanding at it’s BEST …
hc4bo
This is the only thing my comment was about – your seeming suggestion that a “gaffe” was what “they are now calling self-deprecating jokes. That is the only disagreement I had with you. There is nothing about Palin and her politics that I don’t hold in disdain.
GeoT says:
23 March 2009 at 6:06 pm
I shouldn’t have posted it… Let HuffPo handle it.
No, no. You are cool. I’m just a little upset. Its been a terrible day, lost a family friend today, he was only 57, and died from a massive heart attack while on vacation in Flordia.
vintagejulie says:
23 March 2009 at 6:08 pm
So, is this Bruce chick (who I had never heard of until today) the progressive Ann Coulter?
Could she have been a member or PUMA?
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check this out VG: (from her own website)
Biography
Tammy Bruce is an openly gay, pro-choice, gun owning, pro-death penalty, voted-for-President Bush authentic feminist. A lifelong Democrat, in the 1990s she worked to help elect Senators Feinstein and Boxer, and aided the Clinton for President campaign. Before we knew he was a sexual compulsive and “did not have sexual relations with that woman.”
justlen says:
23 March 2009 at 6:07 pm
Anyone catch Rep. Bachman saying people should be “armed and dangerous” in resisting Obama?
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she’s actually, out loud, calling for armed insurrection… she needs a hobby
Audiegrl says:
23 March 2009 at 6:12 pm
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sorry to hear that AG.
Media update:
Ed Scultz to MSNBC and
Howard Dean a new regular on CNBC (he was great this morning)
Looks like the pundits are off base once again. After all the caterwauling that ‘this is Obama’s Katrina’ and ‘Geitner is Obama’s Rumsfeld’, the poll below does not seem to agree with them.
Americans are angry about AIG, and they want the government to stop the bailed-out firm’s executives from getting bonuses. But according to a new USA TODAY/Gallup Poll, they don’t blame President Obama (or Treasury Secretary Timothy Geithner) for the upsetting rewards.
Nearly half of those surveyed (46%) say AIG management is “most to blame for the fact that these bonuses were paid.” Almost one in five (19%) finger Congress, while 8% blame Treasury Secretary Timothy Geithner and 7% say President Obama bears responsibility.
Sorry about your friend AG.
Thank you GeoT and djjl
He was a old friends husband, they got married a few months after my husband and I did 18 years ago. He was a minister, and very active in the community. Its really sobering.
I am in the zen zone. Today, I am astounded that Obama had the foresight to choose the right path.
I often discount him. I don’t like him personally.
BUT……..
I have been holding my breath here. I knew he made the right choice before he even took office.
The “street talk” about him is that he’s bright as heck and analytical.
This plan is the analytical’s plan. I think it’s the smart plan.
What I doubted about him, based on his past record, is that he had the guts to stick to anything. He’s the “not present” guy. He brags about how he tries to always please everyone. He throws everyone under the bus if they meet with public dissatisfaction.
I was sure he’d fail. This is a very real situation, rather like Bush faced, where you cannot worry about public reaction.
Your job is to help them adjust.
I’m terribly pleased with Obama today. Now, voter-wise?
I’m Independent these days. Gone are my loyalty days to Democrats.
Nevermore.
But I am very, very pleased with how he’s supported Geithner, in the face of huge public opinion.
I didn’t support Bush’s decision to get into Iraq, but I was equally terribly pleased when he went forward with the surge.
Most of you won’t agree with me. But I think we are terribly lucky to have leaders who don’t worry so much about their legacy…….as about our well-being.
Obama has won a lot of good-will from me. NOT a revote…..but goodwill.
Audie…..I’m sorry. That’s much too young.
AnninCA says:
23 March 2009 at 6:46 pm
I don’t like him personally.
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you crack me up… “personally”
Tammy Bruce is ….what do you call it? Anyway, she’s not even Republican.
Good gravy, I can’t think of the term. She’s not independent……she’s like a minority voice.
Oh good gravy, someone help me out.
She’s a “what?”
Stop the presses:
I’m pretty sure Ann just said something positive about Obama…
Hey all… new thread.
AnninCA says:
23 March 2009 at 6:53 pm
Tammy Bruce is ….what do you call it? Anyway, she’s not even Republican.
She voted for Bush twice, what do you call that? plus she was subbing for Laura Ingraham so figure it out.
Well, I’ve gathered over the few months we’ve been posting together that you have a real personal reason for your opinions.
I personally respect that, Geo.
I love our system. We just all get in there, like in a dryer or something, and mix it up.
And out pops our choice.
And then the rest of us need to adjust.
Today, Obama is a hero to me.
He is working hard to save my retirement, in spite of his left-wingers, who would love to see him obliterate all wealthy people.
Never fear. He’ll be on my *hit list again soon, no doubt.
This guy is too liberal for my taste.
AnninCA says:
23 March 2009 at 6:53 pm
Tammy Bruce is ….what do you call it? Anyway, she’s not even Republican.
Good gravy, I can’t think of the term. She’s not independent……she’s like a minority voice.
Oh good gravy, someone help me out.
She’s a “what?”
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“Cuckoo Clock”
No, no…..it’s a real term, geo.
Oh good gravy, now I have to go look it up.
Dang, I looked her up, and she’s described as an “independent conservative” after being a “progressive liberal.”
That’s not the category I’m searching for.
Wait, wait……I just got it.
Tammy Bruce is now a “liberatian.”
Whew*
She morphed.
I’m stickin with Cuckoo Clock unless you prefer “One bulb short of a chandelier”
AnninCA says:
23 March 2009 at 7:10 pm
Tammy Bruce is now a “liberatian.”
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changed my mind, I’m going with “hateful shrew” there perfect!
Oh please, I totally enjoy Ann Coulter. Now, there’s a shrew worth your disdain. :_
But she is so clever.
I do so get a kick out of her.
Tammy bruce?
Not so much.
She’s a pendantic type.
AnninCA says:
23 March 2009 at 7:19 pm
did you listen to the audio clip?
AnninCA says:
23 March 2009 at 7:19 pm
I totally enjoy Ann Coulter. Now, there’s a shrew worth your disdain. :_
But she is so clever.
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what good is clever if your net effect on the universe is dramatically negative? I thought you were all for “spiritual centering” or whatever you call it. Isn’t peddling hate a spiritual no-no?
Geo, I’m in a radio space where I only get that type. I have heard her.
She’s a midget in thinking in my mind.
I love John Bachelor, and he’s definitely a Repubican.
But he is extraordinarily fair.
Sunday nights……..
He’s a terrific journalist.
Tammy Bruce is a wannabe Rush type.
Oh I DO get a kick out of Coulter.
She simply makes me laugh.
I have no investment in her perspective, but I do think she challenges the status quo.
“so does Rush Limbaugh…. I think he’s in loooooove.”
Oh JEEEEBUS CRISPIES you almost made me hurl there. Can you see it? limpwithnoballs pops a couple of HillBilly Heroins and then about a dozen viagras and starts sweating and turning red thinking about her…EEEEEEEEEuuuuuh!!!
Ann Coulter? Is there a more odious, skeleton with skin stretched over it in the universe? Like one of my gay friends said “funny how the biggest fag hag is a republican isn’t it?” She is absolutely the most hipocritical one of the bunch. To bad without the mass buys by the rightwingnut bookclubs her “books” that ahe plagerizes have been tanking. Why dosen’t she have her own show?
She makes you laugh? Calling Edwards a faggot makes you laugh? Saying the 9/11 widows are greedy bitches makes you laugh? Joking about toeture makes you laugh? You see her hate filled act as chalanging the status quo? You really ARE a repugnantklaner wannabe ain’tcha?
Tammy Bruce is a member of the hatemonger party.