Marcy Wheeler: Five years ago today, Andy Card and Alberto Gonzales rushed to John Ashcroft’s ICU room to try to trick him into signing the re-authorization for George Bush’s illegal wiretap program over Jim Comey’s objections. Jim Comey arrived at the hospital in time to prevent C...

Super Shitpile: For over a year the one point that I and others have been trying make is that the polite fiction that masters of the universe of Wall Street and their defenders in the media and Congress have been trying maintain, that this is liquidity crisis not an insolvency crisis, is utter horse...

The New York Federal Reserve confirms what I’ve been saying for years (WARNING, PDF): Is it just coincidence that the surge in subprime foreclosures that has rocked financial markets came right after the bankruptcy reform in 2005 (Chart 1)? Is that surge just about falling home prices, bad mor...

Susie Said So, Kenn Kweder Via Susie Madrak, David Sirota speaks the truth about bankruptcy: “WE TOLD YOU SO: When in 2005 Congress overwhelmingly passed a bill written by the credit card industry to gut bankruptcy laws, progressives were right to try to stop it — and not just because it...

UPDATED BELOW How do I know? As regular readers know, I spend a lot of time harrassing calling Senators and Representatives in Congress. Sometimes, I lose all of my minutes by the end of the first week of the month, no joke. So I’ve got a bit of experience when it comes to calling DC. Like mos...

It’s thoroughly disgusting to watch hacks like Bob Corker rail about Detroit’s failed business model, when his own state gives enormous subsidies to foreign automakers Tennessee offered its richest incentive package — and perhaps the most government assistance and tax breaks ever for a...

Speaking of miners and mining abuses, via Pine View farm, the Bush Administration’s EPA (an oxymoron if there ever was one) has decided to allow coal companies to bury streams under the rocks leftover from mining: The 1983 rule prohibited dumping the fill from mountaintop removal mining within...

President Fucknuts snubbed at G20 for being his typical stupid ugly asshole self. Nobody likes a bully, not even the bully’s friends....

US Shifts Bailout Focus to Consumers: The Treasury Department on Wednesday officially abandoned the original strategy behind its $700 billion effort to rescue the financial system, as administration officials acknowledged that banks and financial institutions were as unwilling as ever to lend to con...

Please click the link on the top of my right sidebar, and ledge something to the August 8 moneybomb. Let’s fuck the sonsofbitches who stole our rights like they’ve never been fucked before. Let’s fuck ‘em so hard they feel like Annabel Chong....