First off, a big “fuck you” to the president, who in his latest conference has buried this gem:
We have a number of steps to encourage loan modifications, to encourage banks to take steps that would alleviate some of that burden and start clearing some of those homes on the market, but it’s a slow process. It’s a five — you’re talking about $5 trillion worth of product out there. And I mentioned that I had this conversation with Warren Buffett a couple weeks ago when I was giving him the Medal of Freedom, and his point was, look, I’m bullish about this economy; when it comes to the housing market, it just takes some time to work itself out because we had such a housing bubble. We had so much construction, particularly in certain states that are harder hit than others. That was then compounded by the overall recession. And it’s going to take some time for the housing market to improve. But we’re continuing to take a range of steps to try to strengthen that process of recovery in the housing market.
Emphasis my own.
Really? It seems like when banks were collapsing, you and your predecessor jumped right in. Oh, and remember GM? But I guess if your networth is under, say, $1b you get special treatment… wait, you do get special treatment.
Police estimated up to 100,000 people turned out in Madison, WI yesterday to protest Gov. Scott Walker’s (R) assault on unions, making it bigger than any protests the city has witnessed, even those during the Vietnam War.
Hear that Tea Party? Yeah, size does matter and we’re bigger than you.
BoingBoing looks at libraries after the quake. I hope there’s some Murakami in there.
Lastly, a sorry state of affairs from Kaili Joy Gray over on DailyKos looking at how the Tea Party is, well, pretty racist. That’s not the most important point, in my opinion, as this paragraph sums up:
After all, we are living in an era that demands strict adherence to the Republican principle that water is not wet, and anyone who says otherwise is guilty of liberal bias. "Fair and balanced" is the new prescription for the media. Any fact must be countered by a critic. Any report must include the "some say" counter-argument. And likewise, any Republican claim, no matter how unfounded, must be given its due coverage. We must engage in debates about whether the government wants to kill grandmothers or the existence of global warming because to say that these points are not debatable is to commit the worst of all crimes: liberal bias. And no one, from our vice president to National Public Radio, wants to be found guilty.
Seriously. This is a problem.
Welcome to Monday.