The Times has a good round-up of how the Iraqi economic stimulus is helping at home: Investigators looking into corruption involving reconstruction in Iraq say they have opened more than 50 new cases in six months by scrutinizing large cash transactions — involving banks, land deals, loan payments, casinos and even plastic surgery — made […]
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Entries by [Individual 1] mistermix
Whatever else he is (secret Muslim, socialist, hater of America and Real Americans), Obama is arguably the first, and certainly the second (after Carter) technocrat President. Technocrats tend to appoint other technocrats to technology positions, instead of making those spots political rewards for clueless insiders. Nowhere is that more obvious than the FCC, which is […]
I’d missed yesterday’s Times piece on Lehman, but it’s worth mentioning that US corporate lawyers come off looking pretty good: Here, the investment bank used repos to temporarily park assets off its books to make its end-of-quarter debt levels look better than they did — while calling them sales instead of loans. The accounting tactic, […]
On NPR’s All Things Considered, David Brooks was discussing how Nancy Pelosi would convince House members to vote for HCR. He said she would say something like, “Well, you’re going to lose your seat over this, but for the good of the country, you need to make this vote.” Horseshit. Pelosi would say the opposite: […]
Those of you who are thinking about places to move after Palin wins in 2012 might want to cross the home of the Lord of the Rings, Bondi Beach and Tuscany from your list if you want to keep reading Balloon Juice. Over in Frodo’s back yard, New Zealand has just implemented net censorship. Last month, […]