A budget deal seems to be
the complete POS that we knew it would be:
That increase would be paid for in part with higher airline fees that underwrite airport security and higher contributions from federal workers to their pensions. Military pensions would get slower cost of living increases. Democrats have given up their demand that the deal extend unemployment benefits that expire at the end of the month but hope to press for an extension in a separate measure.
A pony, a pony, my kingdom for a pony!
Good luck on your exams, Brandon!
allan commented on the blog post Seymour Hersh: Obama Administration Cherry-Picked Syria Intelligence, Avoided Al-Qaeda Connection
David Remnick is the kindest, bravest, warmest, most wonderful human being I’ve ever known in my life. Or not:
In 2003 he wrote an editorial supporting the Iraq war in the days when it started.
Ur tax dollarz @ werk:
Games, the analyst wrote “are an opportunity!”. According to the briefing notes, so many different US intelligence agents were conducting operations inside games that a “deconfliction” group was required to ensure they weren’t spying on, or interfering with, each other.
allan commented on the diary post Berkeley writers: Famous authors from my home town by Jane Stillwater.
And let’s not forget John Yoo, who wrote some of the most influential prose of the last decade.
Masaccio, how would you like to live-blog the Nobel ceremony on Tuesday?
Some real-time deconstruction of Fama’s lecture would be a hoot.
Leave Jamie ALOOOOOOOOONE, Chapter 756:
Federal authorities have obtained confidential documents that shed new light on JPMorgan Chase’s decision to hire the children of China’s ruling elite, securing emails that show how the bank linked one prominent hire to “existing and potential business opportunities” from a Chinese government-run company.
allan commented on the diary post Stink Tanks: State Policy Network Internal Budget Documents Revealed by The Guardian by Steve Horn.
Now, if only The Guardian would turn its attention to the Mercatus Center
at George Mason University. Its mission is to
advance knowledge about how markets work to improve people’s lives
which of course assumes the conclusion (that markets do improve people’s lives) in advance.
The logical extension of
free money for corporationsQuantitative Easing.
Free land for corporations:
Boeing’s wish list for 777X asks for “no cost” site
allan commented on the blog post State Department Denied Visa for Doctor to Attend Her Own Trial Challenging ‘No Fly’ List—Twice
The judge seems to believe that something called the Constitution of the United States, as Amended,
has something to do with this case. How quaint.
The Third Way solution for this is to make health care debts non-dischargeable in bankruptcy.
allan commented on the blog post After Helping Wall Street For Years President Obama Talks Inequality
final term is coming to an end
What are the three remaining years, chopped liver?
Plenty of time for blue ribbon commissions.
Widely reported to be Rove. Who was once described as “professorial” by David Broder.
allan commented on the blog post Elizabeth Warren Responds To Third Way Attack By Asking Wall Street To Disclose Ties
Warren 1, Third Way 0
and Mary Jo “Keeping Shareholders in the Dark” White 2
allan commented on the blog post Why There is Nothing Wrong With the Fact That Less Than 1% of NSA Files Have Been Published
Shorter concern trolls: The revelations are so damaging and the servings are so small.
Boil, boil, toil and
Remember the days when securitised products were toxic, complicated and for the recklessly brave only? Another year of rising asset values later and the only members of the “10 per cent club” left are slices of equity on new issue collateralised loan obligations. …
Except for high quality debt exposed to interest rate risk, the price of pretty much everything has gone up this year as yields have fallen.
QE ∞ is not going to end well.
The European Union has fined eight banks a combined 1.7 billion euros in a historic accord over alleged collusion to fix two benchmark interest rates.
The settlement, worth about $2.3 billion and announced by European Union antitrust officials on Wednesday, relates to alleged actions by traders at some of the world’s largest banks, including Citigroup, Royal Bank of Scotland and Deutsche Bank. The banks were accused of fixing rates for the London interbank offered rate, or Libor, as it relates to the Japanese yen and the euro interbank offered rate, or Euribor.
But there’s at least one hold out. HSBC, the World’s Local Money Launderer™,
says, “Talk to the
raised middle fingerhand.”
UBS Wealth Management Americas unveiled its 2014 compensation plan on Tuesday, offering new expense accounts to brokers who produce annual revenue of at least $550,000 and eliminating broker pay for client households with less than $100,000 in their accounts…. The firm also is tweaking its “net new money” bonus to push brokers to work with wealthier households. … “We had too many advisers focused on households with lower levels than we wanted,” Chandler said.
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