Cramer Spots Fat Fingers in Real Time

May 7, 2010

[tweetmeme] Video of Jim Cramer noticing that P&G “isn’t a real price” on live TV. Now that’s pretty hilarious. More here and here, and shortly on Coffee & Markets.

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Congressional Research Service Confirms: Many Americans Will Game Individual Mandate

May 6, 2010

[tweetmeme] Last week I wrote about the certainty that Americans, particularly those younger, healthier Americans who insurance companies need to buy coverage in order to sustain President Obama’s new health care regime, will game the new system of individual mandates, just as they have in Massachusetts. A new report from the Congressional Research Service, released […]

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The Rationale for Diane Wood

May 6, 2010

[tweetmeme] More and more folks seem to think that Obama will choose Diane Wood for the Supreme Court opening in the next week or so. It’s a choice which will make abortion the number one issue during her confirmation hearings, as opposed to a pick less outspoken on the subject. One possible political explanation for […]

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Greece Paralyzed by Violence

May 6, 2010

“Greece’s fiscal crisis took a new turn to violence Wednesday when three people died in a firebomb attack amid a paralyzing national strike, while governments from Spain to the U.S. took steps to prevent the widening financial damage from hitting their own economies.” This is spreading rapidly.

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Barone: A Pox on All Three Parties in Britain

May 6, 2010

The Bradley award winner on the UK’s dicey election: “Cameron changed the image of his party, as Blair did before him. The difference is that Cameron has aroused nothing like the enthusiasm and hope that Blair did 13 years ago. Hard slogging is ahead for Britain, whatever the voters do.”

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Virgil Goode's Parties

May 4, 2010

[tweetmeme] The tobacco-chewing Virgil Goode has reportedly joined the Constitution Party as he considers a political comeback in Virginia’s fifth district. Goode was elected to the State Senate at the ripe age of 27, ran for the Senate unsuccessfully in 1982 and 1994, then got elected to Congress in 1996. After spending a term and […]

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Arrests Made in Connection with Times Square Bombing Attempt

May 4, 2010

Breaking: “A Pakistani-born U.S. citizen accused of trying to detonate a bomb-laden SUV in Times Square was minutes away from fleeing the U.S. when his Dubai-bound flight was returned to its gate at New York’s Kennedy Airport and U.S. officials escorted him from the plane, along with two other men.”

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Dave Weigel and the Right

May 4, 2010

[tweetmeme] Matt Lewis has an excellent piece this morning concerning the blowback over Washington Post blogger Dave Weigel, who is assigned to cover the political right, and a recent tweet where he shared his feelings about covering those who oppose same-sex marriage. Weigel wrote: “I can empathize with everyone I cover except for the anti-gay […]

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Financial Regulation and the American Oligarchy

May 3, 2010

Simon Johnson believes “the leaders of the American finance industry have turned into the sort of oligarchy more typical of the developing world, and that they have ‘captured’ the government and its regulatory functions.” Is it time to start thinking of the US as a bankrupt Third World country?

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Pro Growth Taxes? Never Heard of Those

May 3, 2010

Obama’s fiscal commission stuck between a rock and voters: “Leading Democrats on the commission tried during the first week of meetings to finesse their way toward a discussion of what they consider inevitable — by arguing that any tax hikes would be ‘pro-growth.’”

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