I’ll be kind and call it “wishful thinking.”

Regardless, Schneiderman is now not only destined to be the USAG (assuming O is reelected)… he’s also demonstrated that he’s a 100% “team player.”

Gack.

DDay… I notice that Schneiderman is talking on a Friday. Gotta wonder… was that part of the continuing deal with Obama?

“I need to maintain my street cred, so I need to pretend as though I care about this. But don’t worry. I’ll make sure my words are little more than a holiday weekend Friday afternoon news dump.”

I really LOVE this quote from HuffPo:

When the group made its debut, Schneiderman emphasized that it would strive to accomplish its goals quickly. “This is not something people are going to have to sit around for six months before they see results,” he told WNYC in January.

I almost feel bad for how bad Schneiderman got snookered by ObamaHolder.

And as usual DDay, great reporting and insight. Though after a few years of this, reading their minds is almost too easy.

I guess Schneiderman wasn’t given a Washington tutorial before accepting his new position.

He should have spoken with Arianna Huffington. She could’ve offered her March 2009 conversation with Sen. Wyden:

Have you noticed how, whenever there is a serious effort to put an end to business-as-usual, we are warned by insiders like Paulson and Summers that the result will be the end of civilization?

“This lack of transparency — and the lack of accountability that results — is one of the most significant threats to our democracy,” Wyden told me. “This is not at all how the civics books tell us the system is suppose to work. What we have here is a prime example of Washington deny, defer, delay.”

GWB and Obama serve the same MOTU. As did Clinton and Bush Sr. The repeal of Glass Steagall was crafted by Robert Rubin… and who was Rubin coaching through the bailout in Sept 2008? And what did Bush Sr. do? He pushed the new world order… helping to usher in the EU and the loss democracy in the birthplace of democracy.

IMO, both parties have worked for the same PTB for decades. Right now, it just happens to be coming to a head as we experience the shift of western middle class wealth to:

1)eastern middle class; and

2)PTB everywhere.

But how much of that is the result of the neverending American drumbeat that “you need a college education to get a good job.”

Education is critically important. But a one year apprenticeship and perhaps a $10,000 stipend (while living at home) can be more valuable that 30 credit hours and $20,000 of debt.

Unfortunately, my suggestion flies in the face of much current thinking. And it will piss off anyone who currently has student loan debt and is working in journalism. And perhaps worst of all, if federal student loans got “prioritized” (i.e. science & engineering gets loans, journalism & poli-sci do not get loans), the University Complex would get really, really pissed. And pols don’t want to face that wrath… especially when they’re challenging the institution of the MSM.

I don’t know what revenue model works at this point. It seems to be a work in process.

Regardless, if the news is little more than a press release issued by a politician or a gov’t bureaucrat (with his/her own personal interest which is different from the public’s interest), readers see through it and tune out.

I’m just saying that we could make improvements, but firepups and others need to have an honest discussion… even when competing interest and conflicts exist.

Part of the problem with newspapers is a lack of real investigative reporting.

Why?

IMO, it’s because many journalists do not know the communities they cover.

Why?

Because newspapers require a Master’s degree for an entry level position. And that’s nonsense. Investigative journalism is more about contacts and leads (and the confidence / trust required for that).

Kids who are interested in journalism should go work for their local paper straight from high school. They could avoid the $100,000 of debt (at least initially) and do some real investigative journalism. That would keep the pols and bureaucrats more honest, reduce student loan debt and increase paper readership / sales.

But that requires an honest discussion about the mess we’ve allowed to grow in America.

For a long term fix, I suggest a revamp of federal student loans.

The al-Qaida flag flies over Benghazi.

Obama aided the Libyan rebels.

Democrats support Obama.

Levin is a Democrat.

Herego, Levin is a terrorist. Right?

I think Carl should lead by example and immediately turn himself in for afterschool indefinite detention!

Majorities of both parties need to get the boot.

One part of the problem, IMO, is the failure of the media to keep’em honest. That arises, in part, from “journalists” who are required to have a Master Degree. Upon receiving their Master’s, they are deemed journalists and offered jobs in places where they have never lived.

Since they have never lived there, they have no relationships and find it difficult — if not impossible — to do real investigative work. And the corruption grows from there.

I think it would be nice if a reporter covered his/her hometown and gained a strong reputation for maintaining the confidence of his/her friends at a local level, while uncovering problems at the local level. The s/he lands a job covering his/her state capitol.

Then while covering the state capitol, s/he maintains his/her reputation for confidentiality… while meeting others state legislators. Then one of the legislators wins big and moves to, say, the US Senate.

Then the reporter lands a job with the WaPo or NYT, covering The Beltway… yet still maintains the reputation for being accessible and trustworthy… bringing that reputation from the state capitol… as Washington gets a new Senator and new staffers who came with that Senator. And we then have a reporter who can do real investigative journalism… hopefully building new relationships with other Washington insiders.

And maybe we could get a whole pool of reporters in that manner.

And maybe we could have some real transparency because Senators and staffers would have the confidence required to dish the goods.

But I think the most straightforward way to do this would be to start cutting back on student loans… making it difficult for high school kids to get loans for a journalism degree… in turn, encouraging them to search for jobs with their local papers after graduating from high school.

Honestly, short of 1776 2.0 (which I don’t want to see), I don’t see how we reinstate the Constitution.

I thought it was more than 12.8T, so 16T may very well be right. But until we actually audit the Fedsters, how do we know anyway?

In relation to All-Things-Bailout-Related, I am 100% certain that the lies continue.

And Obama / Geithner / Bernanke prefer to continue their lies in order to keep The Unwashed Masses at bay… as they reign over the decline of America and ratchet up the pilfering of the middle class.

And it might even appeal to the Senate Democratic leadership

Yeah… after the Whale Fail, I’m sure that Chuck Schumer is now all for accountability!

Sorry DDay… I’d love to see it happen. But these guys (D & R) are too corrupt. And Dimon will not permit Obama to support this. Plus he’ll threaten to get behind others (Rs) who oppose it.

The GAO said there were 18 past and current members of the Federal Reserve’s board tied to firms that got emergency Fed loans during the financial crisis.

If I have it correct, the Fedsters have admitted bailouts of about $12.8 trillion (Or was it more? It’s hard to keep track.) Yet we’ve only been told what happened with about $3 trillion. If correct, the GAO statement may be — and IMO probably is — a big underestimate.

the role of a President bears no resemblance to the role of a business leader, particularly a private equity or leveraged buyout specialist. One should have a concern on how to create jobs and the other has what amounts to a fiduciary duty to create profit.

I offer that a President’s real concern should be upholding the oath of office. As such, the roles played by both CEO Mitt and President Obama are both distant from what they are supposed to do.

If it’s 2 or 7 billion or more won’t some rich people get pissed since the risk to their money wasn’t disclosed?

Not necessarily. If any MOTU is in *actual* danger of losing money, Dimon already has the go-ahead to pull a “Corzine” and transfer the money to the MOTUs accounts… with the finishing touch of throwing his admin asst under the bus… while Jamie tells reporters that he’s too busy to answer their questions as he’s headed to another Fed NY meeting.

Yay for the MOTU!

Well, Fettig previously worked for Johnson’s office. And I think Tim Johnson (D-Wall Street) now chairs Banking… and I’m pretty sure the Committee Chairs staff the committees, along with their own office, so…

I’m guessing Johnson put him in place.

Jamie has no explaining to do. If any explaining is necessary, Fettig will wave his hand and repeat the Paulson / Geithner / Bernanke phrase:

Do as we say or civilization will end as we know it!

Dimon and the MOTU own the Admin. While the Whale Fail matters to us, it matters little to the participants of Kabuki Theater.

:(

While I’m confident that DDay won’t be voting for Mitt, I haven’t heard him say who he’ll support. Despite the fact that Obama will be the Dem nominee, there are still possibilities for a populist / progressive to run.

As for his solutions, he’s been pretty clear that it should start with AG Holder. I *think* DDay has even called on Holder to recuse himself… since Holder’s revolving door is the legal representation (Covington??) for Wall Street.

Good times!

If anyone organizes a million man march to greet Holder at home, I’ll do my best to join. It would be nice to ask him how those Wall Street investigations are going…

Bradley Manning is in jail because he released top secret information in a “non-approved” manner. Yet Jane made it crystal clear that Jim Casey is now walking free despite his obvious release of top secret information because it was done in an “approved” manner.

The propaganda war used by the USG on We the People began long ago. And Jane’s research proves it.

Though… I’m sure that after the NDAA-lovers approve this propaganda addition, they will enhance their propagandistic efforts.