Comments on: The raincoat of Franklin Raines http://pjmedia.com/richardfernandez/2009/03/19/the-raincoat-of-franklin-raines/ Just another Pajamasmedia.com weblog Thu, 16 Feb 2012 01:31:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: buddy larsen http://pjmedia.com/richardfernandez/2009/03/19/the-raincoat-of-franklin-raines/#comment-42189 buddy larsen Mon, 23 Mar 2009 05:25:26 +0000 http://pajamasmedia.com/richardfernandez/?p=2769#comment-42189 scratch that, it's (oops) Feb 16, not 23rd. i just tested. all ya need do is open the 'go here' link above, then type the sec treasury's last name into the website search box uppr left corner, and then scroll down the result page until you get to the Feb 16 entry. scratch that, it’s (oops) Feb 16, not 23rd. i just tested. all ya need do is open the ‘go here’ link above, then type the sec treasury’s last name into the website search box uppr left corner, and then scroll down the result page until you get to the Feb 16 entry.

]]> By: buddy larsen http://pjmedia.com/richardfernandez/2009/03/19/the-raincoat-of-franklin-raines/#comment-42186 buddy larsen Mon, 23 Mar 2009 05:16:46 +0000 http://pajamasmedia.com/richardfernandez/?p=2769#comment-42186 Doug, along the lines of Citi being the true nut, this guy has some good stuff. for some reason, it won't post --in fact any post with the URL just disappears. So <a href="http://economicbibb.blogspot.com/" rel="nofollow">go here</a> and then use the site's searchbox to ask about the sec of tres in question. you're after a feb 23rd article by james bibbings. pardon my opacity but something is making the spelled out addy disappear. i mean, about 5 or 6 times, no fluke. Doug, along the lines of Citi being the true nut, this guy has some good stuff. for some reason, it won’t post –in fact any post with the URL just disappears. So go here and then use the site’s searchbox to ask about the sec of tres in question. you’re after a feb 23rd article by james bibbings. pardon my opacity but something is making the spelled out addy disappear. i mean, about 5 or 6 times, no fluke.

]]> By: Doug http://pjmedia.com/richardfernandez/2009/03/19/the-raincoat-of-franklin-raines/#comment-42178 Doug Mon, 23 Mar 2009 04:30:15 +0000 http://pajamasmedia.com/richardfernandez/?p=2769#comment-42178 <a href="http://www.huffingtonpost.com/robert-kuttner/geithners-last-stand_b_177850.html" rel="nofollow"> Geithner's Last Stand</a> The indignation over AIG will serve a useful purpose if it focuses public attention on the much larger issue -- the failure of the entire approach that Treasury Secretary Tim Geithner and White House economic czar Larry Summers are using to rescue the banking system. It would be hard to find two administrations more different than Bush and Obama. Yet, when it comes to bailing out financial firms, Geithner's approach is a seamless continuation of his predecessor, Hank Paulson's. It makes you wonder who is the permanent government. Perhaps Wall Street? Even the players are the same Goldman-Citigroup crowd. The well named Neel Kashkari, the Citigroup executive brought in by Paulson to run the TARP program, is still in place. Geithner's top assistant, Mark Patterson, is from Goldman. And most of the concepts are coming from the same Wall Street crew. So far, the policy has been an abject failure. The latest idea is to use some of the remaining Treasury funds from the TARP program approved by Congress last October to anchor several trillion more in loans and loan guarantees by the Federal Reserve and FDIC. For weeks, Geithner has announced only vague principles of his next move Geithner’s Last Stand

The indignation over AIG will serve a useful purpose if it focuses public attention on the much larger issue — the failure of the entire approach that Treasury Secretary Tim Geithner and White House economic czar Larry Summers are using to rescue the banking system.

It would be hard to find two administrations more different than Bush and Obama. Yet, when it comes to bailing out financial firms, Geithner’s approach is a seamless continuation of his predecessor, Hank Paulson’s. It makes you wonder who is the permanent government. Perhaps Wall Street?

Even the players are the same Goldman-Citigroup crowd. The well named Neel Kashkari, the Citigroup executive brought in by Paulson to run the TARP program, is still in place. Geithner’s top assistant, Mark Patterson, is from Goldman. And most of the concepts are coming from the same Wall Street crew.

So far, the policy has been an abject failure. The latest idea is to use some of the remaining Treasury funds from the TARP program approved by Congress last October to anchor several trillion more in loans and loan guarantees by the Federal Reserve and FDIC. For weeks, Geithner has announced only vague principles of his next move

]]> By: NahnCee http://pjmedia.com/richardfernandez/2009/03/19/the-raincoat-of-franklin-raines/#comment-42084 NahnCee Sun, 22 Mar 2009 17:24:04 +0000 http://pajamasmedia.com/richardfernandez/?p=2769#comment-42084 "Alejandro Garcia, 16, and Carlos Hernandez, 15" Why are you assuming they're innocents? They're not black, they're hispanic, too, and 15 and 16 are *plenty* old enough to be gang members also. Why can't this be a self-cleaning oven phenomena? The only thing outstanding in this story that I can see is that it took place in broad daylight on a busy street. A busy "multicultural" street, I might add. The lesson here for readers of Belmont Club is the same lesson as we learned in Compton, Watts and Oakland: Nice white and Asian people best avoid these areas and leave them to their rites, or if you *have* to go through them, do it at warp speed. “Alejandro Garcia, 16, and Carlos Hernandez, 15″

Why are you assuming they’re innocents? They’re not black, they’re hispanic, too, and 15 and 16 are *plenty* old enough to be gang members also. Why can’t this be a self-cleaning oven phenomena?

The only thing outstanding in this story that I can see is that it took place in broad daylight on a busy street. A busy “multicultural” street, I might add.

The lesson here for readers of Belmont Club is the same lesson as we learned in Compton, Watts and Oakland: Nice white and Asian people best avoid these areas and leave them to their rites, or if you *have* to go through them, do it at warp speed.

]]> By: buddy larsen http://pjmedia.com/richardfernandez/2009/03/19/the-raincoat-of-franklin-raines/#comment-41848 buddy larsen Sat, 21 Mar 2009 21:10:17 +0000 http://pajamasmedia.com/richardfernandez/?p=2769#comment-41848 hey Dave, hot dog --har har --naw not yet, on the book, but it IS on my list --birthday next month --that's whut i'll ax fer --and thanks for the 'minder --! hey Dave, hot dog –har har –naw not yet, on the book, but it IS on my list –birthday next month –that’s whut i’ll ax fer –and thanks for the ‘minder –!

]]> By: Dave http://pjmedia.com/richardfernandez/2009/03/19/the-raincoat-of-franklin-raines/#comment-41742 Dave Sat, 21 Mar 2009 07:25:05 +0000 http://pajamasmedia.com/richardfernandez/?p=2769#comment-41742 Hey Buddy; Any more news from the Massachusetts Hot Dog? Buddy, Buddy, you okay? Buddy, speak to me. MEDIC! Wow, that was close. BTW has your son or daughter at UT ever found you a copy of Texas CSA by James Farber? Hey Buddy; Any more news from the Massachusetts Hot Dog?

Buddy, Buddy, you okay? Buddy, speak to me. MEDIC!

Wow, that was close. BTW has your son or daughter at UT ever found you a copy of Texas CSA by James Farber?

]]> By: buddy larsen http://pjmedia.com/richardfernandez/2009/03/19/the-raincoat-of-franklin-raines/#comment-41734 buddy larsen Sat, 21 Mar 2009 05:59:02 +0000 http://pajamasmedia.com/richardfernandez/?p=2769#comment-41734 If we expect trouble, maybe it won't come. maybe we'll find whatever we found in the 30s --cooperation. Tho i've heard that trouble was coming then too, only the foreign war prevented it. If we expect trouble, maybe it won’t come. maybe we’ll find whatever we found in the 30s –cooperation. Tho i’ve heard that trouble was coming then too, only the foreign war prevented it.

]]> By: blert http://pjmedia.com/richardfernandez/2009/03/19/the-raincoat-of-franklin-raines/#comment-41725 blert Sat, 21 Mar 2009 04:35:52 +0000 http://pajamasmedia.com/richardfernandez/?p=2769#comment-41725 When I think of super heated rhetoric rising only to collapse down upon the humanity below I think of poor, poor Pompei. No one could escape its horror. So it's riots in August 2009, oh my... When I think of super heated rhetoric rising only to collapse down upon the humanity below I think of poor, poor Pompei.

No one could escape its horror.

So it’s riots in August 2009, oh my…

]]> By: buddy larsen http://pjmedia.com/richardfernandez/2009/03/19/the-raincoat-of-franklin-raines/#comment-41722 buddy larsen Sat, 21 Mar 2009 04:30:18 +0000 http://pajamasmedia.com/richardfernandez/?p=2769#comment-41722 got our pyroclastic flow (the internet) check. got our pyroclastic flow (the internet) check.

]]> By: blert http://pjmedia.com/richardfernandez/2009/03/19/the-raincoat-of-franklin-raines/#comment-41718 blert Sat, 21 Mar 2009 04:22:29 +0000 http://pajamasmedia.com/richardfernandez/?p=2769#comment-41718 Just another parallel to AD 79 then. We've got our Nero, check. We've got our geophysical disaster, check. We'll get a crash in the currency, yeap. Just another parallel to AD 79 then.

We’ve got our Nero, check.

We’ve got our geophysical disaster, check.

We’ll get a crash in the currency, yeap.

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