Fox News: The new liberals

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Sarah Palin: Next Stop Fox?

AllGov.com

Speculation about the reason behind Sarah Palin's surprise resignation as governor of Alaska has centered on her national political ambitions, possible unrevealed legal problems and maybe yet another pregnancy. More likely, Fox News or another TV network has made her an offer she can't refuse.

Why settle for being the governor of a state with a population the size of Columbus, Ohio, when you can have triple the audience with your own show on Fox News? And why settle for the paltry salary of a state executive when you can make millions on television? When you're a politician and you want to spend $150,000 on clothes, you get in trouble, but spend the same amount on clothes as a talk show host and it's a legitimate tax write-off.

Let's face it, being a government official is a hassle. Say something stupid and half the country makes fun of you. Say something stupid on television and your ratings go up. Punish your personal enemies and you're accused of ethical violations. Do you same in the world of TV and you fit right in.

Good luck, Sarah. We'll see you in prime tim

The Real Lesson Of Iran -- Beware America's Republican Mullah

by Frank Schaeffer New York Times best-selling author

The Republicans are faulting President Obama for not taking a "strong enough stand" in support of the freedom marchers in Iran. Yet if the Republican/Religious Right/Neoconservative agenda had come to full fruition over the last 35 years the Republicans would have plunged America into our own version of the misbegotten theocracy destroying Iran today. I know. As a former Religious Right leader I worked to make America "safe" for "Christian values" and dangerous to everyone else. Thankfully I, and those like me, failed.

Had we succeeded America would be another version of Iran. Instead of people like James Dobson and Pat Robertson having become marginalized they'd be sitting in Washington advising whomever was the next Republican president. Instead of environmental protection and new mileage standards for cars there would be new anti-gay laws on the books.

- Read the whole article here

"I" on the news

Has the concept of free speech and freedom of press already failed? It seems there are two american people who live in separate countries who never meet, watch different shows and have differents information. Conservatives are so self-rightgeous and their media are so eager for rating that they keep servingee the thickest propaganda just using the same silly tricks the communist used by the late USSR 50 years ago.

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Ridiculous

From the Washington Post:

Treasury Secretary Timothy Geithner admits private investors are worried about investing in new government-backed commercial mortgage securities and dismisses as "ridiculous" a recent Republican National Committee resolution stating that Democratic policies bordered on socialism.

"There's still a bit of concern about whether, if you participated in these programs, you'll face in the future some change in the rules of the game, and that's causing a bit of -- a bit of concern," Geithner told The Post's Lois Romano for her continuing "Voices of Power" interview series. Private investors have expressed interest in the program, the government will work to limit their concern and he anticipates they will be "a good deal for the American taxpayer."

"That's the important thing to recognize," he said, "because you -- you have in this basic structure, investors putting skin into the game, taking risk, making judgments about what the price should be for these securities, and the taxpayer gets to participate in the upside in those judgments. So we think they're a good deal for the taxpayer."

Geithner also defended President Obama against this week's RNC resolution, stating that the administration "had to do exceptional things to help protect the American economy, help fix this crisis, fix this mess."

"Where we engage in these areas is with extreme reluctance and only because we think it's the necessary way to help reduce the risk of greater damage to businesses, to the basic fabric of the American economy," he said. "And I say where we do it, we'll do it only temporarily, try to make sure we get out as quickly as we can."

The government plans to divest itself of investments in the financial and automotive sectors, "As soon as we can," Geithner said.

Read more of his comments in Tuesday's editions of The Washington Post and watch video of the exchange above.

Read the whole story: Washington Post

The Big Takeover

It's over — we're officially, royally fucked. No empire can survive being rendered a permanent laughingstock, which is what happened as of a few weeks ago, when the buffoons who have been running things in this country finally went one step too far. It happened when Treasury Secretary Timothy Geithner was forced to admit that he was once again going to have to stuff billions of taxpayer dollars into a dying insurance giant called AIG, itself a profound symbol of our national decline — a corporation that got rich insuring the concrete and steel of American industry in the country's heyday, only to destroy itself chasing phantom fortunes at the Wall Street card tables, like a dissolute nobleman gambling away the family estate in the waning days of the British Empire.The latest bailout came as AIG admitted to having just posted the largest quarterly loss in American corporate history — some $61.7 billion. In the final three months of last year, the company lost more than $27 million every hour. That's $465,000 a minute, a yearly income for a median American household every six seconds, roughly $7,750 a second. And all this happened at the end of eight straight years that America devoted to frantically chasing the shadow of a terrorist threat to no avail, eight years spent stopping every citizen at every airport to search every purse, bag, crotch and briefcase for juice boxes and explosive tubes of toothpaste. Yet in the end, our government had no mechanism for searching the balance sheets of companies that held life-or-death power over our society and was unable to spot holes in the national economy the size of Libya (whose entire GDP last year was smaller than AIG's 2008 losses).

So it's time to admit it: We're fools, protagonists in a kind of gruesome comedy about the marriage of greed and stupidity. And the worst part about it is that we're still in denial — we still think this is some kind of unfortunate accident, not something that was created by the group of psychopaths on Wall Street whom we allowed to gang-rape the American Dream. When Geithner announced the new $30 billion bailout, the party line was that poor AIG was just a victim of a lot of shitty luck — bad year for business, you know, what with the financial crisis and all. Edward Liddy, the company's CEO, actually compared it to catching a cold: "The marketplace is a pretty crummy place to be right now," he said. "When the world catches pneumonia, we get it too." In a pathetic attempt at name-dropping, he even whined that AIG was being "consumed by the same issues that are driving house prices down and 401K statements down and Warren Buffet's investment portfolio down."

Walter Jones, GOP Congressman, Signs On To Investigating Bush

A self-described conservative who brought "Freedom Fries" to Congress, Jones developed into one of the most vocal Republican critics of the Bush administration. He took particular umbrage at the handling of the Iraq War and the decision to prohibit photographs of returning coffins of American soldiers. Late in the past administration's time in office he was reported to have been reading Vincent Bugliosi's book, "The Prosecution of George W. Bush for Murder."

HuffPost Reporting From DC ( read more)