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By Greg Mitchell Published: July 19, 2008 6:00 PM ET AUSTIN Speaking at an afternoon panel at the enormous Netroots Nation convention in Austin, Texas, on Friday, Paul Krugman, The New York Times columnist, predicted, with seeming confidence, an Obama victory in November -- but added that...

and righlty so. That country is a joke.

Good thread!

Hedge Funds Show Obama the Money July 14, 2008, 7:36 am If Barack Obama were a stock, hedge fund managers would probably be snapping it up. While Wall Street players are traditionally seen as leaning toward Republicans, new data gathered by the Center for Responsive Politics show...

My goal is not to pay less taxes. My goal is to elect an incredibly smart and capable guy. :)

Hedgies Vote Obama With Their Wallets July 14, 2008 Hedge fund managers and employees played a major role in funding the Democrats’ campaign to regain Congress two years ago, and in the early going of this year’s presidential campaign, their party preference has not changed. Sen...

Phil Davis: "My housing program will accomplish the following and can be enacted with a penstroke TOMORROW at an annual cost of 1/2 of what the governent has already spent in the 6 months bailing out BSC ($30Bn) and "stimulating" the economy ($160Bn). My program is non-inflationary, will...

“I was in wind energy for a minute…. I hate it. And when I got to looking at those damn things I said, I don't want to be a part of putting that on the horizon. I think it's homely and I don't like it. We took a loss and got out of it and I'm glad I did.” —T. Boone Pickens, Bloomberg...

July 13 (Bloomberg) -- Wall Street's biggest regulators are examining whether securities firms adequately police rumor- mongering used to manipulate stocks after shares of Lehman Brothers Holdings Inc., Fannie Mae and Freddie Mac tumbled last week. U.S. regulators are already hunting for...

July 13 (Bloomberg) -- Wall Street's biggest regulators are examining whether securities firms adequately police rumor- mongering used to manipulate stocks after shares of Lehman Brothers Holdings Inc., Fannie Mae and Freddie Mac tumbled last week. U.S. regulators are already hunting for...

McCain is the last guy I want in the White House. The thought of his finger on the nuclear button scares me almost as much as Bush– maybe more so. The temper on that guy– if he flares up and then has a senior moment– it’s all over.

2005 March 2005: Rep. Robert Ney (R-Ohio)—who will later go to prison on corruption charges related to Abramoff scandal—introduces Responsible Lending Act, billed as an anti-predatory-lending measure but in fact designed to preempt stronger state laws. Key supporters include New Century...

Where Credit Is Due: A Timeline of the Mortgage Crisis by Naomi Prins A field guide to the loan sharks and politicos who got us into the predatory lending mess 1913: Federal Reserve Act creates national banking system. 1914: Federal Trade Commission Act prohibits unfair or...

Great advice f9.

from Phil Davis: According to the WSJ: "The government doesn’t expect the entities to fail and no rescue plan is imminent, these people said. Government officials and market analysts expect both companies will be able to raise large amounts of capital relatively easily. Treasury officials...

Thanks Hydro, great post.

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Down another 20%.

Looking good!