I find myself not too happy with Senator Tom Harkin (D-IA) today. It appears that on Wednesday he went on to the liberal talk radio show of Bill Press and said?
BILL PRESS:? Alright, well good for you. You know, we gotta work on that, because they are just shutting down progressive talk from one city after another. All we want is, you know, some balance on the airwaves, that’s all. You know, we’re not going to take any of the conservative voices off the airwaves, but just make sure that there are a few progressives and liberals out there, right?
SENATOR TOM HARKIN (D-IA): Exactly, and that’s why we need the fair — that’s why we need the Fairness Doctrine back.
Archive for March 2009
Movie of the Week
This weeks movie is a time travel adventure turned upside down. A group of 14th century Scotts, trying to stave off the imminent advance of the Black Death in their village, follow the visions of Griffin, a young boy, to raise a spire of Cumbrian copper on the stepple of God’s church on the far side of the Earth. They dig down through the depths of the earth, coming out on the other side in 20th century New Zealand. Most time travel movies tell their stories from the perspective of the modern visiting the past. This tale is told from the other way around.
This is probably one of the best movies that you have never seen. It’s not any easy movie to get ahold of these days. My copy is on VHS tape that I actually bought a few years ago. I have since transfered it to a DVD. Amazon does not currently have any of the DVD’s in stock but there are some sellers that have it, but the price seems to be off the wall with used copies of the DVD starting at $96.99 and new copies starting at $268.32. If you have an old VHS player laying around that is the way I would go to pick up this movie, with prices on VHS edtions running from $4.00 to $20.00.
The Navigator: A Medieval Odyssey (Trailer)
Also sometimes called The Navigator: A Time Travel Adventure.



The GOP Fu-dget Plan
For some time now myself and others have been railing on the idea that the GOP has been simply fighting against the President?s plan for moving the country forward and fixing our economy without providing some sort of alternative to the President?s budget.
Today the GOP put out a Budget Alternative, or at least a blue-print for one. Maybe it?s a rough draft?
After the break is video from Fox News as posted on the Daily KOS. Read the rest of this entry »
Legacy Assets
Today, Treasury Secretary Tim Geithner announced the government’s plan for dealing with all of the toxic legacy assets on the books at banks that have put it plug into the global credit stream. Finally, we start actually addressing the root cause of the issue. Frankly, in my opinion, this is what the government should have been doing from day one of the financial crisis, but it appears that the Bush administration and Hank Paulson, had no clue what to do. The plan put out by Geithner today is exactly what congress passed the TARP for before Pualson decided to just hand out the money to the banks.
So what is the plan? As stated by the article on MSNBC…
The coordinated effort by the Treasury Department, the Federal Reserve and the Federal Deposit Insurance Corp. relies on a mix of government and private money ? mostly from institutional investors such as hedge funds ? to help banks rid their balance sheets of real-estate related securities that are now extremely difficult to value.
The announcement triggered a rally on Wall Street that when the exchange ended by the end of the day had risen nearly 500 points. There is some trepidation over the plan, especially after the AIG bonus pitchfork Congress, but overall sentiment is that it’s a good plan.
After the break is some video from CNBC where Geithner talks about the plan.
Cross posted on The Pajama Pundit
Read the rest of this entry »