Tag: Open Thread

The Stars Hollow Gazette

Well I really hope buhdy’s computer is fixed because all this responsibility is dragging me down.

I suppose I really should write something light and frivolous to cheer everybody up, but the news keeps getting me down and about the most humorous thing I got right now is that WaMu has been downgraded to junk, AIG has been downgraded to not quite junk and might need quite a bit more than $75 Billion to avoid bankruptcy by Wednesday.

What makes this funny is that the Dow is a mere 300 points or so from where it was the day W took the oath of office that he has so tarnished.

Unfortunately our long national nightmare is not yet over, nor will it be if we do not succeed in throwing this criminal cabal out of office and even then there are little over 2 long months to destroy what’s left.

And not all the wreckage is so easily undone as the illusionary paper greed gains the wannabe wealthy pretend plutocrats got stuck with while the real deal escape on their golden parachutes.

So tomorrow CNBC will be good for giggles, kind of like toasting marshmallows while listening to the musical stylings of Nero.

Open Thread

Blog Browsing …

JDWolverton over at Daily Kos put up one of the best diaries I’ve read on what living is like after a hurricane in Post Ike – Grilled Pizza & Other Musings, a sort of surreal yet entertaining Hints from Heloise for the aftermath of a storm.

At Zuky, Kai has a video slide show with his impressions of the Dem convention in Denver, Blogmig@s at DNC 2008.

Nezua gives us a heartbreaking post at The Unapologetic Mexican, Hispanic Heritage Month/Latino Heritage Month – What it Means to Me.

Weekend News Digest

Weekend News Digest is an Open Thread

From Yahoo News Top Stories

1 Lehman talks resume, Barclays pulls out

By Dan Wilchins and Glenn Somerville, Reuters

20 minutes ago

NEW YORK/WASHINGTON (Reuters) – Regulators and bankers resumed a third day of talks on Sunday in a desperate attempt to reach a deal to sell Lehman Brothers (LEH.N) and prevent the struggling investment bank from flooding jittery financial markets with toxic assets at fire sale prices.

Britain’s Barclays Plc (BARC.L), which had appeared to be the frontrunner to take over Lehman — excluding its bad mortgage-related assets — pulled out of the bidding early in the afternoon, according to a person familiar with the matter.

Among those spotted arriving in black limousines at the fortress-like headquarters of the New York Federal Reserve in downtown Manhattan early Sunday were Citigroup CEO Vikram Pandit (C.N) and Steve Black, who is co-CEO of JPMorgan Chase & Co’s (JPM.N) investment bank.

Weekend News Digest

Weekend News Digest is an Open Thread

Business and Science to come.

Now in comments.

From Yahoo News Top Stories

1 Emergency meeting on Lehman rescue resumes

By JEANNINE AVERSA, AP Economics Writer

1 hour, 34 minutes ago

WASHINGTON – With the global financial system holding its collective breath, the U.S. government scrambled Saturday to help devise a rescue for Lehman Brothers and restore confidence in Wall Street and the American financial structure.

An official from the Federal Reserve Bank of New York, who asked not to be named due to the sensitivity of the talks, said deliberations have resumed with leading Wall Street executives and top U.S. financial officials.

They include Treasury Secretary Henry Paulson, Timothy Geithner, president of the New York Fed, and Securities and Exchange Commission Chairman Christopher Cox. They were meeting on the heels of an emergency session convened Friday night by Geithner – the Fed’s point person on financial rises.

Launch Day Pony Parties

My original plan was to re-post these at their original times, but I can’t quite make that artistic vision happen.

Here instead are links to them-

The Stars Hollow Gazette

What a long strange trip it’s been.

Well, anniversaries are supposed to be times of introspection and remembrance.  If I concentrate a little on my own feelings and less on those of others it’s because I value everyone’s contribution so much that I don’t trust myself not to forget one or two.

I’ve spoken before about this being a team blog, indeed tomorrow at 8 am I’ll repost my opening day essays and the first Pony Party to start the celebration.  We publish a good amount of content, most of which is excellent.

I like to feature the essays of others on the Front Page, but it’s a mixed blessing.  You only last about a day unless you’re picked up on the Rec List which is a dKos and a half (12 to the uninitiate).  It ages in 3 days which is just about long enough to keep it filled through Thanksgiving and eksmas.

I’m not likely to feature personal stories because I’m not sure how much you really want to share although I can think of occasional exceptions.

I have my Recent Essays set to 50 and essays age in about 3 days there too.  In terms of volume of original content I’d compare our collective output to some pretty active sites though I have no statistics at all to support that.

I look at DocuDharma pretty much as a interactive Daily Newspaper, Literary Magazine, and Gossip Column, so those are the kind of stories I tend to promote, but there are other editorial voices and I’m very responsive to recommendations.

I expect the future will pretty much resemble the past.  I think that after the election it’s going to be quite a problem to enact a progressive agenda. but I am sure what the results will be if we don’t at least try.

My hopes for DocuDharma are rather modest, that it remain a place where people are not afraid to express themselves creatively or politically and that through discussion we can generate some activity and awareness that percolates up.

The Stars Hollow Gazette

I have no sense of humor.

I’m sadly forced to this conclusion after reading a day’s worth of commentaries about lipstick.

And pigs.

Now it is a fact that I have kissed a pig because I lost a bet at my club but it was on the forehead and very chaste even though I am a heck of a kisser.

I didn’t check the sex of that pig.

But I did kiss it and one thing I can tell you is it didn’t have lipstick.

It was a clean and friendly animal, like a dog.  On the other hand I cook with pork.  Yum.

I’m not sure what moose burgers taste like.

My advice is to oink oink oink.

The Morning News

The Morning News is an Open Thread

From Yahoo News Top Stories

1 Democrats question Fannie, Freddie CEO exit pay

By John Poirier and Kevin Drawbaugh, Reuters

Tue Sep 9, 4:50 PM ET

WASHINGTON (Reuters) – U.S. Democrats on Tuesday criticized the multimillion-dollar pay packages awarded to the former chief executives of Fannie Mae and Freddie Mac at a time when taxpayers could foot a massive bill for the companies’ bailout.

In a joint letter to Fannie and Freddie’s regulator, Senators Charles Schumer of New York and Jack Reed of Rhode Island said the combined pay and bonus packages of about $24 million should be revised.

“We find it way out of line,” they said in the letter, saying the severance pay for former Fannie Mae CEO Daniel Mudd and former Freddie Mac CEO Richard Syron should be questioned especially if any financial losses could have been caused by errors in management.

Pony Party – Tuesday 8 PM

This is an open thread.  Do not rec the Pony Party.

Open Thread

Here’s a little linkiness taken from our very own blogroll!

NOLA blogger Adrastos has a thing or two to say about Ike in I Don’t Like Ike, with videos and some interesting pics.

Nezua over at The Unapologetic Mexican channels Hunter Thomas in his take of the protests at the Republican Convention, which he covered as a citizen journalist, in The Front Line is Everywhere – RNC 08:

The GOP actually needs an army now, to make itself evident and dare celebrate anything in public. They have lied, killed, they laugh while we suffer with health problems or bemoan the loss of life and humanity. They bring their army to protect them from the voice of the People they supposedly serve.

Check out the pictures of the riot cops, the first one is stunning.

And Kyle over at Citizen Orange has the latest tragic news from Haiti in Hait is Still Forgotten As It Is Pounded by Yet Another Hurricane, Ike.  Kyle has been doing a great service getting the word out on this tragedy and if you have a moment please digg, reddit or stumble this post.  He also has updates on what you can to do help.

PLEASE DO NOT RECOMMEND OPEN THREAD!  THANK YOU!

Weekend News Digest

Weekend News Digest is an Open Thread

From Yahoo News Top Stories

1 Government seizes control of GSEs

By Glenn Somerville, Reuters

1 hour, 13 minutes ago

WASHINGTON (Reuters) – The U.S. government on Sunday seized control of mortgage finance companies Fannie Mae (FNM.N) and Freddie Mac (FRE.N), in what could be the biggest federal bailout in U.S. history in a bid to support the U.S. housing market and ward off more global financial market turbulence.

“Our economy and our markets will not recover until the bulk of this housing correction is behind us,” U.S. Treasury Secretary Henry Paulson said at a news conference. “Fannie Mae and Freddie Mac are critical to turning the corner on housing.”

The two companies, publicly traded but also serving a government mission to support housing, were put in a conservatorship that allows their stock to keep trading but puts common shareholders last in any claims.

Weekend News Digest

Weekend News Digest is an Open Thread

From Yahoo News Top Stories

1 Questions remain on Palin vetting

By DAN JOLING, Associated Press Writer

Sat Sep 6, 11:04 AM ET

ANCHORAGE, Alaska – John McCain’s presidential campaign did not speak with the Alaska House speaker and other leading Republicans before McCain tapped Gov. Sarah Palin as his running mate.

The low-profile vetting allowed McCain to spring Palin onto the national scene uncolored by media scrutiny. But it has left the campaign open to criticism that McCain did not fully explore her qualifications.

“I haven’t heard of anybody being contacted, not that that’s bad,” said John Harris, speaker of the state House of Representatives. “I just haven’t heard of anybody.”

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