Displaying 181 To 210 Of 16,275 Comments And I followed him on twitter. » Posted By bito On July 14, 2012 @ 9:48 pm You are right about that, cyrano and both counts, the authors questions were knowable and they cut to the chase. Bookmarked! » Posted By bito On July 14, 2012 @ 9:35 pm That’s a good question cyrano, perhaps a little of both? I think that their editorial board is a lot like Mitt but they do allow their writers leeway, sort of like the WSJ,but I am guessing. I haven’t read the magazine in years. Either way it is a good post, wish we could get the answers. » Posted By bito On July 14, 2012 @ 8:54 pm “If Bain was claiming Romney was still there in SEC docs, I think this was fraud, it was about reassuring partners & co-investors” [T]he firm had reason to assure business partners that Romney was still running the company. A while back I was co-hosting the Fairness Radio radio show. We interviewed a former Bain partner, Ed Conard, who said that Bain’s competitive advantage was the reputation of its management. This is why partners came to them and invested, why companies let them take over, etc. So the people at Bain were very conscious of this. Bain partnered with investors who were putting tens of millions into deals. They wanted reassurance that the Bain management they were comfortable with was in operation. If Bain was claiming Romney was still there in SEC documents, I think this was fraud, it was about reassuring partners and co-investors and businesses they were buying that their management was in place, stable, and had the reputation that was so important to them.
» Posted By bito On July 14, 2012 @ 8:31 pm Romney’s Clear-as-Mud Bain Explanation Mitt Romney gave a round of television interviews late Friday in an attempt to beat back the escalating firestorm over when he actually stopped running Bain Capital, a sign his campaign was reluctantly acknowledging the potential political damage from the issue. But despite getting asked more or less the same question by interviewers from ABC, CBS, CNN, Fox News and NBC, Romney didn’t have a simple answer as to what his role at Bain was between 1999 and 2002. Take this passage from his interview with CBS’s Jan Crawford: CRAWFORD: But you were the sole owner? I mean, how should we be thinking about this? What was your role? You were the sole owner until 2002? ROMNEY: I was the owner of a, of the general partnership but there were investors which included pension funds and various entities of all kinds that owned the, if you will, the investments of the firm. But I was the owner of an entity which was a management entity. That entity was one which I had ownership of until the time of the retirement program was put in place. But I had no responsibility whatsoever after February of ’99 for the management or ownership – management, rather, of Bain Capital. To see his answer about his tax returns, see here: http://www.theatlantic.com/politics/archive/2012/07/romneys-clear-as-mud-bain-explanation/259834/ » Posted By bito On July 14, 2012 @ 8:18 pm Weekend Music Thread – Let the Good Times Roll Is this dedicated to Mitt? » Posted By bito On July 14, 2012 @ 8:40 pm Almost. k’es? 😆 😆 » Posted By bito On July 14, 2012 @ 9:52 pm Like this k’es? » Posted By bito On July 14, 2012 @ 10:33 am Welcome to the Planet kalie and your right, turning on the tele and listening to Mitt and the GOP is almost like entering an alternative universe. Hope you enjoy the site and make full use of our hospitality. » Posted By bito On July 13, 2012 @ 7:55 pm Figuring Out The Far Right Republicans What’s an HP? » Posted By bito On July 14, 2012 @ 10:26 am Yep, you’re right KT and the AZ state GOP used to be but they got this righteous RWNJ takeover, lost the libertarian and decided that it was easier to say he went senile, which was complete BS. Whether you agreed with him or not, he was honest and stuck to his libertarian values on social issues. He could also read the constitution and probably scolded AZ on the immigration thing. Right there in the enumerated powers, it says naturalization (immigration) is a power of congress right along with bankruptcies, same sentence in article I, sec.8. But real patriots don’t need to read the constitution. » Posted By bito On July 11, 2012 @ 9:37 pm Nirek, I do understand your after Ike sentiment, but even under Nixon he signed the EPA and clean air and water acts, Dirkson (R-IL) helped push Medicare for LBJ and even Raygun realized he had to raise taxes and index the SS income cap. All of those would be high crimes to the GOP today, they seem to want to go back to the turn of the century, the “Gay 90’s.” » Posted By bito On July 11, 2012 @ 7:32 pm Actually KT the AZ GOP sate committee said that Goldwater had gone senile when he made his statements about gays and religion, they also really dislike McCain–He’s too librul. You are so right, the GOP today is not the GOP of just 10 years ago, like very conservative Federal Judge Posner said the other day, “they have gone ‘goofy'” » Posted By bito On July 11, 2012 @ 7:24 pm k’es, Election of a lifetime? Just think Romney and a Supreme Court Appointment. » Posted By bito On July 9, 2012 @ 6:07 pm When The LIBOR is Manipulated You Should Care Sue, b-b-b-but I thought that gas prices was all President Obama’s fault? Downing Street calls on regulator to investigate petrol price rigging The Prime Minister’s spokesman said regulators should examine any evidence of oil price-fixing “very carefully”, after the Daily Telegraph revealed fears that banks and traders are likely to have fiddled the oil market. Concerns are growing about the reliability of petrol prices because a report for the G20 found the market is wide open to “manipulation or distortion”. Traders from banks, oil companies or hedge funds have an “incentive” to distort the market and are likely to try to report false prices, the official report said. Politicians and fuel campaigners are urging the Government to expand its inquiry into the Libor interest rate-fixing scandal to see whether oil prices have also been falsely pushed up. […] A Number 10 spokesman today said it was important the oil market is seen to be “fair and efficient”. “It is a matter for regulators,” the spokesman said. “With the Libor scandal, that is something that the FSA decided to look at because they had evidence. “The important thing is that we have efficient and fair markets. And if there is evidence that any market is being manipulated then that is a matter for the regulators, and those regulators should look at it very carefully.” Does anyone think that is was just coincidence that gas prices this summer fell quite quickly after the President ordered AG Holder to look in to speculation in the US? How is it possible for the world economy to pull out of this recession when the banksters keep these kinds of scams as “just doing business?” How may more scams before there will be an insistence that Gram-Steagall is not re instituted? Kalima has this on Morning Blog, https://planetpov.com/2012/04/23/morning-blog-4/comment-page-1/#comment-186620 I tweeted many times too, but it seems to not getting any traction. Odd how everyone complains about high energy prices when it’s Obama’s fault, but not the banksters? » Posted By bito On July 17, 2012 @ 7:15 am I saw a commercial on the tube today from some loan company selling ARM’s and they said it would be adjusted only once the first year. After reading about this Libor scandel the first thing that came to mind was ‘yeah, a rigged rate set by thieves from international banks on the 6 month dollar rate.” It still amazes me a bit that this story continues to be under the radar, I have only seen one program even attempt it — Up with Chris Hayes. Here’s a view from Canada (where is Wolf?)via twitter. The biggest financial fraud in history receives scant media attention We are now finding out that the entire system has been rigged, enriching the “elect” and financially looting the rest. If you are reading this, you have been robbed, although the corporate media remains silent about who robbed you, how it was done, and which government and non-government officials were complicit and benefited. Why? Perhaps the most compelling reason is that when the “average” person learns the depths at which corruption exists between the various banks, governments and government officials, there will be a revolution like the world has never seen. Additionally, they too, along with many elected and appointed officials, have aided and abetted the fraud. Yes, it’s that bad, and it’s about to break wide open. http://www.canadafreepress.com/index.php/article/47926 » Posted By bito On July 10, 2012 @ 1:41 pm Excellent Sue! What an amazing scam, manipulating Libor has touched nearly everyone and the repercussions could be immense when the fines start coming down. In a tweet from @DesertBeacon on this he said it’s doubtful that any of the banks have any reserves set aside in amounts that they may be fined. We’re talking perhaps billions of dollars. Then what? Will the banksters come running for another bail out due to their illegalities, their absolute greed? Is there any trust left in the average person towards the banks? Another way this scandal hits everyone is from the interest rates set on municipal bonds, and who pays off those bonds? Taxpayers. Energy bonds, same thing…the ratepayers pay it off in their monthly bills. Watching parts of the hearings in the UK, the question was raised to Mr. Diamond if this wasn’t now time to go back to having the firewall between investment and commercial banking. Glass-Steagall in the US. He was adamant that it wasn’t needed. Why, because it’s easier to steal? After this and the housing bubble there is now excuse that we don’t go back to having a strong firewall, what will it take before congress realizes it? Again, great post and thanks for taking it on, your links are invaluable. » Posted By bito On July 8, 2012 @ 1:42 pm Happy Independence Day – 2012! Hello Kalima, so very nice to see you. Democracy can be messy and it does at times take daily vigilance to maintain some type of balance. » Posted By bito On July 4, 2012 @ 8:53 pm The President Delivers Remarks at Independence Day Celebration » Posted By bito On July 4, 2012 @ 7:29 pm Cool fireworks! » Posted By bito On July 4, 2012 @ 6:15 pm Independence Day Celebration from the White House–Live http://www.whitehouse.gov/live » Posted By bito On July 4, 2012 @ 5:17 pm To get you in the mood for tonight. You can watch the concert beginning tonight, just after 8:00 on WhiteHouse.gov/live, and if you stick around, you’ll get a great view of the National Mall fireworks show — from the South Lawn of the White House. » Posted By bito On July 4, 2012 @ 4:43 pm America the Beautiful Musician Keb Mo recently visited the White House and performed his bluesy rendition of “America the Beautiful” in the East Reception Room. Enjoy some great scenes of America and the President set to this classic song in celebration of Independence Day. » Posted By bito On July 4, 2012 @ 4:17 pm Happy Birthday to Malia Obama! » Posted By bito On July 4, 2012 @ 3:34 pm AdLib, You mention “shared goals” and with that comes shared responsibilities. The next order of business the assembly took up was raising funds(taxes) to pay for the shared goal. Shared Sacrifice » Posted By bito On July 4, 2012 @ 2:23 pm Why Romney and the GOP Can’t Repeal “Obamacare” There is a good post on “The Monkey Cage” and it has some interesting thoughts on “What Next. The sixth point in the post has to do with reconciliation and it is one of the best on the subject I have seen, much of it has been said here on the Planet. It’s almost as good as your explanation, AdLib. Worth a look-see: » Posted By bito On July 1, 2012 @ 10:12 am I think I’m losing this argument, you, AdLib and KQ all seem to ganging up on my optimism. 🙂 You all may be right, I just have this feeling that they will accept the captive customers as a trade off and nibble at other portions to regain their profit margin. Am I being too much of a ‘glass half-full’ again? Not the first time. » Posted By bito On July 1, 2012 @ 10:02 am Perfect example, Medicare Advantage, KQ! That was/is a huge money maker for insurance companies and a huge loss for the Medicare fund. It was a very contentious subject in the Senate mark-up on ACA. » Posted By bito On June 30, 2012 @ 2:50 pm C’Lady, see my comment on Nate Silver’s post re: his modelling https://planetpov.com/2011/12/01/time-out-for-ot-vol-18/comment-page-1/#comment-185507 » Posted By bito On June 30, 2012 @ 12:48 pm Will the insurance companies really want to rock the boat and work to overturn the reform act? Perhaps not. They now have a guaranteed pool of customers and a guaranteed operating/profit of 15-20%. That’s not bad. Their main endeavor maybe to lobby for the development of loopholes and not the demise of ACA. » Posted By bito On June 30, 2012 @ 11:50 amComments Posted By bito
Allegations of oil price manipulation should be thoroughly investigated as millions of motorists rely on accurate petrol prices, Downing Street said today.
Hope your day was kind to you, you deserve it.
4th of July at the White House 2011
While in the New England colonies the beginnings of the War for Independence” had already started other colonies were still debating, including Virginia. It took Patrick Henry’s fiery, inspirational speeches to convince the assembly that they did indeed have shared goals. Who hasn’t heard his famous line “Give me Liberty or Give me Death!”
It not only inspired the Virginians then but it inspires some now with their “Don’t Tread on Me” slogans
As we have learned, after his barn burning speech, Virginia joind the war with the rest of the colonies. A “Shared Goal!” A common good.
Hail to the Chief (Roberts, that is): Some thoughts on the legislative implications of today’s ruling
That is what I think they will be doing instead of killing ACA, nibbling at the edges, creating loopholes.
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