For everyones benefit let me start by saying I am not schooled in economics beyond my own interest in reading about it and trying to figure things out for myself. (Joseph I have half ass responded to your comment on my last post...)
This article is disturbing not only for the number of banks potentially failing but also for this:
"The difficulty at the moment is finding enough healthy banks to buy the failing banks," Bove wrote.
My fear is we are not being told the depth of the problem by those in charge. I'm tired of hearing after the fact "we should have known", "no one foresaw this coming", "looking back...". If you watch the Frontline show linked in my previous post (I thought everything was fine part 2) you will be shocked at what was said in public vs. what was being said behind closed doors.
As I said before I am not educated (beyond some college). Just an average person who is tired of being told not to believe my eyes.
Joe posted a video a few days ago about the touching reunion of Christian the Lion with the two men who had raised him from a cub until about one year old. These two men delivered Christian to George Adamson, a conservationist, to Kenya so Christian could grow up in his natural environment (where he belonged) and live a free and wild existence.
Here are some additional links to information/links about this amazing story:
Eric Holder has basically recommended prosecution for the detainee abuse cases that George Bush closed. It doesn't directly call for investigation, but we all know what it says when you open those files.
David Johnston over at New York Times has it:
"WASHINGTON — The Justice Department’s ethics office has recommended reversing the Bush administration and reopening nearly a dozen prisoner-abuse cases, potentially exposing Central Intelligence Agency employees and contractors to prosecution for brutal treatment of terrorism suspects, according to a person officially briefed on the matter."
If this all materializes, is it an attempt to do the right thing OR is it an attempt to repair the DNC image? The Democratic brand has been dragged through the mud after being dropped down the ugly tree and hitting every branch recently. The election is coming up after all. This story is told thru the perspective of progressives over the past few weeks.
PORTLAND, Maine (AP) -- A large wave fueled by Hurricane Bill swept a group of surf-watchers into the sea at a Maine park Sunday, including a 7-year-old girl who died after the Coast Guard pulled her from the churning waters.
It seems like the news is only telling us what the Public Option is not. This is Howard Dean explaining what the Public Option is. It is a really informative interview from Face the Nation, this morning.
Is he saying that if this bill passes and you need insurance that the subsidy will pay for it, and you can apply the government money to either the public plan or private insurance? I was under the impression that you had to be a subscriber to benefit, but from what he is saying, it sounds like if you need it, you will get it when you are in the hospital regardless if you have already subscribed?
I just wouldn't subscribe and then if I went to the hospital that would start my subscription. Then, when I was done with treatment quit paying again... And why the hell would someone want to just give that money to a private provider, for them to tell you that an MRI isn't necessary? Wouldn't the government HAVE to cover it? It seems extremely idiotic for someone to want to give free money to a company they don't need.... If I understand it right above, then who in their right mind would pay an insurance company for a premium at all? THAT would completely kill private insurance as an industry.
Senator R.C. Soles (Democrat) from North Carolina shot one of two burglars in his home tonight at 5pm EST, Sunday. The buglar is in the hospital and has not died.
I wonder if these were birthers or deathers and if that is why they broke into a Democratic Senator's home. That would probably shake up the news this week. Also, it will probably help the democrats look tough if we talk about gun control. My guess is that this government (before the next election) is way too conservative to touch the issue.
For my friends in the west, I urge you to take a look at the moon after the sun has set (assuming your skies are clear somewhat). I'm pretty ignorant when it comes to the moon's orbit and phases, but if you see what I saw tonight, you should be pleasantly amused. The moon is giant here and it is only just a sliver. It might even been an eclipse? It is beautiful though. Is the moon supposed to be capitalized? Is it proper? It is just a moon, not the Moon, right?
I wanted to share 2 songs with you guys. I don't know how to embed audio so it will have to be YouTubed. They are like light rock, but the lyrics and performance is amazing. The band is called Imogen Heap. It is only one girl who also puts stuff out under the name Frou Frou. She is a musician's musician and a ton of her stuff is featured in soundtracks to films, tv, and commercials. So you may recognize her. The only things I can think of off hand is a song she did for Shrek. She redid Holding Out for a Hero, and it was amazing.
About the blog, I am very pleased with what is happening. I'm sure other people will contribute over time, but the more we personally grow with it, the better it will get. We had great posts this week. Then I muddied it up with the videos. I won't do that again unless I have the correct code to put the rest beyond the fold. If you ever come across that code, please shoot me an email. I feel guilty enough for posting these two videos, but they are well worth it. I tend to drift away from politics on the weekends. I'm sorry if that may have rubbed you the wrong way. I just wanted to share those videos with you guys and really, we need a break from politics every once and a while.
As for me, I am working on writing a substantial post on Swine Flu. You may have seen the draft sitting in our account. I've been working on obtainting a video which describes how viruses work (the H's and N's), comparing now with what happened with the last swine flu outbreak, a little avian flu, and the events of 1918. I am also concerned about the politics of the situation and will discus Tamiflu. I want everyone to be as informed as possible before it is time to consider the vaccine. In a perfect world I'd like to run my post by Rita (since she is an RN) before posting it. What do you think, honey? --Is that sexist by the way? I say hun a lot too. I don't have a sexist bone in my body, so please don't take offense at all. I'm just gay. --
What is going on with everyone? Please listen to these songs all the way thru. I almost guarantee you will LOVE them. You will at least love Hide and Seek, no question.
Ok, there is annoying screaming as an intro to this next song. Skip to 12 seconds and beauty will ensue.
I don't want to post another video. If you want to see Hide and Seek performed live click here.
Sorry for the delay. The weekends are tough for me, especially this time of year, to find time to sit in front of the computer. I have now put my thoughts together and hopefully this will be coherent.
Less than two years later "on Thursday, Sept. 18, 2008, the astonished leadership of the U.S. Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in grave danger of a complete meltdown within a matter of days. "There was literally a pause in that room where the oxygen left," says Senator Christopher Dodd." Frontline did a story on this that is a must see.
This makes Bernanke either incompetent or a liar. Why wait until the meltdown was a matter of days away? And now Bernanke tells us the recession is over. What is interesting about this speech is his description of panic and confidence. We can't trust these guys. How are we supposed to have confidence? We are being told not to trust our own eyes. With the continuing failure of banks (see previous post) to the continued job losses.
