Cables and Toobz, Again

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emptywheel
MarketWatch suggests the cable cuts in the South Bay were tests to map the internet infrastructure. Sort of reminds you of the cable cuts in the Mediterranean, huh?

Elizabeth Warren's Not Allowed to Know the Super Stress Test Secrets, Either

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emptywheel
I noted the other day that Timmeh (or, according to other coverage of this, Helicopter Ben) told the banks to keep their stress test results to themselves. Well, apparently, stockholder and taxpayers are not the only ones left out of the secret. So is Congressional Oversight Board Chair Elizabeth Warren. In fact, she's not even allowed to know the formulas they used to measuring the banks.

Louis Freeh Defending Iran-Contra Type Arms Deals Along with Bandar

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emptywheel
A few details of Louis Freeh's defense of Bandar point more directly at the US President's cooperation with Bandar (and the Saudis) on covert ops.

Of Puppies and Pirates

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emptywheel
So here's a Happy Easter story of puppies and pirates. There once was a Portuguese Water puppy that lived, for a time, with older cousins at a big estate in Hyannisport, MA. Because the puppy's cousin's people were Democrats, the puppy learned not only basic puppy manners, but also a fine respect for Democratic institutions, including social services, tolerance, and solidarity with other working breeds. There came a time when that Portuguese Water
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Yo Ho Yo Ho, It's The Risk Management Life For Thee

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emptywheel
Pirates! Arrrr, they're teh new sharks matey. Scary! And we should rightly be worried about this pirate problem, because CNN, MSNBC and the print have been relentlessly telling us so. First it was the seizure of the quasi American flagged cargo ship Maersk Alabama, and now the pesky pirates have snared an Italian tugboat too. But is the problem really that widespread? Maybe not.

The Dead-Enders Do Dallas

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emptywheel
There are two notable details about next week's dead-enders do Dallas fest at the George W Bush library. First, that Dick isn't doing Dallas. And, that they're apparently crafting a legacy without a brain.

Noted Terrorist Indicted

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emptywheel
Luis Posada Carriles just got indicted again. Jeff Stein raises concerns about his treatment. Which might make this trial a good teaching opportunity into the way Homeland Security misuses immigration policing.

China's Number One!

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emptywheel
China's car market solidly surpassed the US market last month.

Geithner to Banks: "Ix-Nay on the Solvency-Inay"

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emptywheel
Tim Geithner is now instructing publicly traded companies to hide data about their financial health.

Debt Negotiations: JP Morgan Chase and Friends Claim They Found a Pony!

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emptywheel
Chrysler's creditors are making fantastic claims about what they can get for Chrysler in bankruptcy. I wonder if that's a tell about how much they've gambled on Chrysler's failure?l

17,600 New Hybrids by June

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emptywheel
Someone got a hold of the White House credit card and is going on a hybrid buying spree. Today, President Barack Obama announced that the General Services Administration (GSA) will accelerate its purchase of new cars for the government fleet by investing funds from the American Recovery and Reinvestment Act to buy about 17,600 new, fuel efficient vehicles produced by American auto companies by June 1, 2009. On March 30, President Obama directed
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Credit Where Due: Keith Olbermann Edition

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emptywheel
I watch Keith Olbermann, and his Countdown show on MSNBC, pretty much daily, but I have been pretty critical of him in the past; today i want to give him credit for taking on President Obama's depressing willingness to adopt the same unconstitutional and un-American policies on civil liberties/warrantless surveillance.

America Strikes Back at Pirates ... with Unions!!

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emptywheel
A union crew pulled off another heroic act today, as the crew on the Maerks Alabama--at least 12 of whom are members of the Seafarers International Union--took their ship back from pirates.

Save American Jobs: Boycott Chase

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emptywheel
We're boycotting Chase to pressure JP Morgan to negotiate with Chrysler and allow it to remain out of bankruptcy. Sign on!

Granholm to JP Morgan Chase and Friends: You Got Your Help, Now Give Chrysler Theirs

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emptywheel
Jennifer Granholm joins the chorus of those calling on JP Morgan and friends to return the favor the US taxpayers gave them when they gave them TARP funds.

About those [Stress] Test Results

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emptywheel
The evidence mounts that Citi and Bank of America are so stressed they couldn't make it through earnings season honestly.