| The Colbert Report | Mon - Thurs 11:30pm / 10:30c | |||
| Mika Brzezinski Experiences Palin Fatigue | ||||
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Colbert Nation, video (04:11).video (04:11).
Howie P.S.: Colbert goes after Sarah and elbows Mika along the way.
I started posting on HowieinSeattle in 11/04, following progressive American politics in the spirit of Howard Dean's effort to "Take Our Country Back." I decided to follow my heart and posted on seattleforbarackobama from 2/07 to 11/08.--"Howie Martin is the Abe Linkin' of progressive Seattle."--Michael Hood.
| The Colbert Report | Mon - Thurs 11:30pm / 10:30c | |||
| Mika Brzezinski Experiences Palin Fatigue | ||||
| www.colbertnation.com | ||||
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Jon Stewart and Steven Colbert will march together on Washington.
Or against each other in Washington.
Either way, expect plenty of Comedy Central fans to show up on October 30 when Stewart's "Rally To Restore Sanity" will meet Colbert's "March To Keep Fear Alive" in the nation's capital.
The duo have been hinting at a major announcement for several episodes in a mock response to Glenn Beck's own "Restoring Honor" rally that was held this year on the anniversary of a famous Martin Luther King speech at the same monument. There's no indication that the announced get-together is a joke, though. Both comedians are telling their audiences to book hotel rooms now (though for different reasons, as you'll see).
"It'll be like being in a chat room," Stewart explained. "But real."
Stewart punctuated his announcement on the earlier program with a homemade-looking banner reading, "Take It Down A Notch For America."
Colbert followed up with an announcement on his own show, and insisted that he would "notch it up a scotch."
Each man ventured into the other's studios for moments you'll just have to see for yourself ...
| The Daily Show With Jon Stewart | Mon - Thurs 11p / 10c | |||
| Rally to Restore Sanity | ||||
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| The Colbert Report | Mon - Thurs 11:30pm / 10:30c | |||
| March to Keep Fear Alive | ||||
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| The Colbert Report | Mon - Thurs 11:30pm / 10:30c | |||
| Eliot Spitzer | ||||
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It was Geithner who, as head of the New York Fed, presided over the $180 billion bailout of AIG, which, as revealed by the 500-page documented record of that travesty released last week by the Financial Crisis Inquiry Commission, was a scam to pass taxpayer money to Goldman Sachs and the other large banks that had created the problem. And it was Summers who as President Bill Clinton’s treasury secretary pushed through the Commodity Futures Modernization Act, which guaranteed “legal certainty” for the toxic derivatives packages that Goldman and the others sold. At the time Summers assured Congress that “the parties to these kinds of contracts are largely sophisticated financial institutions that would appear to be eminently capable of protecting themselves from fraud and counterparty insolvencies. …”Howie P.S.: I find that Robert Scheer is usually more accurate in his judgments than I would prefer. Eliot Spitzer has reached the same conclusion and shared his thoughts with Stephen Colbert, video (06:09). Glenn Greenwald agrees and wrote about it in April. 2009.
For such not-so-prescient but very convenient insight, Goldman Sachs rewarded Summers with $200,000 for two speeches he gave to its executives while he was an adviser to candidate Obama. Not surprisingly, the new financial regulations proposed by this administration and soon to be signed into law let Goldman and the others so much at fault off the hook.
There is enormous and justifiable populist outrage out there over the antics of a runaway Wall Street that is not being held accountable. Obama could tap into that outrage by taking his cues from a true populist, Democratic Sen. Russ Feingold of Wisconsin. One of only eight senators to vote against the Clinton-backed 1999 repeal of the Glass-Steagall Act, which had done so much to protect the economy, Feingold voted against the Bush bailout too and is now breaking with Obama on his so-called financial reform:
“The bill does not eliminate the risk to our economy posed by ‘too big to fail’ financial firms, nor does it restore the proven safeguards established after the Great Depression, which separated Main Street banks from big Wall Street firms and are essential to preventing another economic meltdown. The recent financial crisis triggered the nation’s worst recession since the Great Depression. The bill should have included reforms to prevent another such crisis. Regrettably, it did not.”
The president’s record on the economy is even worse than his performance in Afghanistan, and a reversal of course is much in order. If he doesn’t get the message now, the voters will give it to him loud and clear come the November midterm elections. MORE...
| The Colbert Report | Mon - Thurs 11:30pm / 10:30c | |||
| Matt Taibbi | ||||
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Matt Taibbi took his crusade against Goldman Sachs to "The Colbert Report" last night, accusing the investment colossus of using its influence in government to repeatedly manipulate financial bubbles.
Taibbi pointed to three examples -- the dot-com bubble in the late nineties, the housing bubble and commodities speculation last year -- which he says Goldman Sachs used to get rich at taxpayers' expense. In the case of the tech stock bubble, Taibbi accused Goldman of underwriting a high number of risky internet IPOs and manufacturing a "collapse in underwriting standards."
Wall Street is no longer "about helping investors find good business opportunities which in turn would create jobs," Taibbi told Colbert, but rather "one Ponzi scheme after another." And when Wall Street's bets fail? Friends in government -- Taibbi named Robert Rubin, who left Goldman Sachs to be Treasury Secretary in both Clinton administrations and now advises President Obama -- come to the rescue: "they know the government is going to bail them out," he says.
And that's the crux of what bothers him. It's not that he has "a thing against unprecedented success," as Colbert put it, but that everyone else has to bear the burden of any Wall Street imprudence:
"I don't mind anyone who's successful as long as my tax money isn't going to pay for it," he said. "That's the only problem with Goldman Sachs.
| The Colbert Report | Mon - Thurs 11:30pm / 10:30c | |||
| Send Your Medical Bills to Max Baucus | ||||
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Senator Max Baucus will pay for your medical bills from the $3.2 million he’s received from the health care industry.
"What we have to do is show Max Baucus that we have the votes. Today he said he likes the public option. If he thought there were 60 votes on the floor of the Senate he'd be for it.
| The Colbert Report | Mon - Thurs 11:30pm / 10:30c | |||
| The Word - Out of the Closet | ||||
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| The Colbert Report | Mon - Thurs 11:30pm / 10:30c | |||
| President Obama's Health Care Plan - Howard Dean | ||||
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Howard Dean believes the American government can pay for a public health insurance option because it will generate more jobs.
| The Colbert Report | Mon - Thurs 11:30pm / 10:30c | |||
| Joshua Micah Marshall | ||||
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