Espwa: Our church supports an orphanage in Haiti, Espwa (which means “hope”). The orphanage has a blog. The residents and staff, through (literally) shaken by the earthquake, escaped injury, although several lost loved ones elsewhere in the country. Moreover, the orphanage gets all its food and supplies overland from Port-au-Prince, and it’s not clear right now whether the roads are passable, let alone what shape the city’s shipping infrastructure is in. You can contribute online here.
Goldman Sachs CEO admits under oath to fraud, walks free anyway. No, that’s pretty much what happened. (UPDATE: But Jack Welch calls this “uneventful,” which tells you all you need to know about Jack Welch.)
Jackasses: The SEC, which ought to be clearing up the mysteries around AIG’s use of taxpayer money, instead is trying to bury them. And make no mistake: This would not be happening without the knowledge and approval of Barack Obama. Memo to the Democrats: One real good way to lose Congress is to let hosers like Rep. Darrell Issa play the good guy.
Steepening curve … and not in a a good way: A month ago, the Mortgage Brokers Association was predicting that its members would originate 24% less in mortgages in 2010 than 2009. Now, they’re saying that figure will drop 40%, from $2.11 trillion in 2009 to $1.28 trillion in 2010. That’s the lowest level since $1.14 trillion in 2000.
A clawback, but not for the taxpayers: A large pension fund has sued Goldman Sachs over its bonus policy, asking that money that would be going to Goldman employees go instead to it. Where that budgeted $22 billion in bonus money really needs to be going is the taxpayers, inasmuch as fully two-thirds of Goldman’s 2009 revenues were more or less directly attributable to taxpayers. But I suppose the retirement savings of cops and firefighters is a more productive place for it than Goldman execs’ pockets. And that is where the money (much of it, at least) will go, because Goldman will settle this toot de suite. It does not want its folks answering questions under oath.
A nation of pants-wetters, or, that high-pitched whine you hear is Ben Franklin (“He who would give up liberty for safety deserves neither … and shall have it”) spinning in his grave fast enough to light up Pittsburgh: A majority of Americans want to give up civil liberties to make themselves safer. Cheese and crackers, people, what are all the GUNS for … to HIDE BEHIND? MAN. UP. Or else the terrorists really do win.
Memo to aides to Massachusetts Dem Senate candidate Martha Coakley: I realize that losing Ted Kennedy’s Senate seat to a guy who posed nude for Cosmo might make one’s candidate a bit, um, testy, but still, don’t shove reporters. Or move to China if you want to do that stuff.
Jan. 23 is National Pie Day. I think I may head over to K&W and have some of the chocolate-creme to celebrate.
From Facebook’s Overheard in the Newsroom: Design Editor: “I want the font that makes people addicted to reading newspapers again.” Commenter Bruce Reuben: “The font would have to be made of crack.” Lex: “The font that looks like kick-ass, take-names accountability journalism. Yeah. That. Also.”
Harold Ford: Strikingly un-self-aware. I’m not a huge fan of Sen. Kristen Gillebrand, but having lived in NY I think she’s far more in tune with people than Ford is. As someone else put it, there’s a reason Alabama doesn’t send gun-confiscating atheists to the Senate.
Nobody does human like Tolstoy, as Ishinoy reminds us.
Tucker Carlson won’t tell you, so I (and Crooks & Liars) will: His new site, The Daily Caller, will have a whole section devoted to “environmental scepticism” [sic]. His primary funder — $3M in the first year alone — is a huge global-warming denier.
Now it’s up to Harry Reid … and Barack Obama: Arlen Specter says he’ll back Dawn Johnsen to head Justice’s Office of Legal Counsel. So that’s 60 votes. Let the flushing of the Aegean stables begin.
Somali pirates have scared off shipping … including the illegal trawlers that had depleted fisheries, so that legit fisherpeople are having a great year. Hey, you take your good news where you can find it.
Shorter WSJ: Watching TV will kill you dead. (I was never allowed to summarize medical research like this when I was a professional medical writer. I must say, this is fun.)
Bitters shortage: Does anyone who is not either a watcher of or a character on the AMC series “Mad Men” even drink Manhattans? And if so, why?
It’s over: Dan Rather’s lawsuit against CBS has been tossed, probably for good. In effect, the state court system’s Appeals Division identified problems in his case, then refused to allow any depositions or discovery, which could have, as the lawyers say, cured those deficiencies. Oh, well. Sucks to be him. That said, regardless of Rather’s error in relying on documents whose provenance he couldn’t/didn’t verify, other evidence indicates quite clearly that Bush was, in fact, AWOL.
What I’ve learned from reading about “Game Over” (besides the fact that I don’t want to read the whole book): You can make a lot of money publishing anonymous, 2-year-old gossip. And in real life, people who are dying of cancer and whose spouses are cheating on them don’t always behave as nicely as their Movie of the Week counterparts. OK, I already knew that last one.
I think this comment from liveblogger Teddy Partridge tells you all you need to know about the competence of counsel for the bigots defense in the California gay-marriage trial: “Sorry, this lawyer is asking really long questions and requiring YES or NO answers which makes liveblogging almost impossible”
Busted: The American insurance industry, while publicly claiming it favored health-care reform, was giving money to the Chamber of Commerce to produce and air anti-reform TV commercials. I am shocked, shocked, etc. Someone explain to me again why it’s a good idea to point a gun to American taxpayers’ heads and make them give these companies money. Someone else explain to me why the Chamber and the insurance trade group should get to keep their tax exemptions, kthxbai.
Speaking of health care, there’s this notion floating around that taxing health benefits will lead employers to give more to employees in the form of wages. However, this notion is not true.
Quote of the day, from Sen. Harry Reid: “I have no regret over calling [former Fed chairman Alan] Greenspan a political hack. Because he was. The things you heard me say about George Bush? You never heard me apologize about any of them. Because he was. What was I supposed to say? I called him a liar twice. Because he lied to me twice.” Cue Republican efforts to frame this comment as a “gaffe” in 3 … 2 …
This thing where Giuliani said there were no terrorist attacks on the U.S. under Bush? That was no one-time bit of misspeaking. That was an emerging Republican meme. Guys, Goebbels was a cautionary tale, not an exemplar.
Some judges just need impeachin‘, starting with Warren Wilbert, the Kansas judge in the murder trial of Scott Roeder, who assassinated* abortion doctor George Tiller. Wilbert will let Roeder argue that his killing of Tiller actually was voluntary manslaughter because, in some parallel universe, Roeder wordlessly put the barrel of a .22 to Tiller’s head and pulled the trigger because Tiller was doing something besides providing a legal and needed medical service. I hope I’m wrong, but I fear Wilbert just declared open season on abortion providers.
*He has signed a statement admitting to the shooting.
How Lucky could save the planet!