Saturday, November 03, 2007
Meredith Whitney, the analyst who prompted a $369 billion (£177 billion) plunge in the value of US shares on Thursday by issuing a negative note on Citigroup, hit out at Wall Street’s culture of intimidation yesterday after receiving several death threats from investors in the bank.
Ms Whitney, a CIBC analyst who is married to the former World Wrestling Entertainment champion Death Mask, prompted a near 7 per cent drop in Citigroup’s shares on Thursday, after suggesting that the bank needed to raise more than $30 billion to restore its capital cushion.
Time for the Victorian era to end in the US. It really doesn't matter all that much what peoples' genitals are rubbing against.
Friday, November 02, 2007
Citigroup Inc. Chief Executive Charles Prince is planning to resign at a board meeting Sunday, according to people familiar with the situation, as the bank faces big new losses from distressed mortgage assets.
The move would end the four-year tenure of Mr. Prince, a longtime lawyer and loyal lieutenant of former Citigroup chief Sanford Weill, who assembled the financial giant that stands as America's largest bank by assets.
NEW YORK -
The Securities and Exchange Commission has launched an investigation into deals Merrill Lynch & Co. undertook to allegedly cloak its vulnerability to risky mortgage debt, the Wall Street Journal reported Friday.
The Journal reported Merrill Lynch struck deals with hedge funds to take certain positions that did not transfer risk, but merely delayed when Merrill Lynch would have to disclose its exposure to that risk.
For example, the Journal said, Merrill engaged a hedge fund to lend a "Merrill-related entity" $1 billion. This normally means the hedge fund would assume the risk of the Merrill-related entity failing to repay debt. However, Merrill guaranteed it would buy the loan a year later. Thus, Merrill assumed the risk without reporting the company's exposure on its own books.
The Journal reported Merrill has been seeking help from hedge funds in shifting as much as $5 billion in bonds backed by mortgages under a "mitigation strategy."
None of this is to say that he ought to be confirmed. There very well may be a benefit in finally taking even some kind of a symbolic stand against these radical policies. But if these Senators announcing their opposition to his confirmation were authentic in the convictions they are espousing, they would have been doing -- and will continue to do -- a lot more than simply opposing this single nomination.
It seems that the senators want Mukasey to declare numerous acts of the Bush administration to be violations of law, constitution, and treaty, without taking the next logical step... which is calling for the investigation, prosecution, and imprisonment of those who authorized and committed those illegal violations.
NEW YORK (Reuters) - Merrill Lynch & Co Inc's credibility is coming under increased attack after an analyst said the biggest brokerage sought to mitigate write-downs by parking subprime-related assets with hedge funds.
Shares of Merrill (MER.N: Quote, Profile , Research), which ousted Chief Executive Stan O'Neal earlier this week, sank to a two-year low on Friday, falling 9.3 percent to $56.44 in trading on the New York Stock Exchange. Shares are down 38 percent this year.
Friday's decline came after the Wall Street Journal reported that the brokerage may have used deals with hedge funds to delay losses on billions of dollars in troubled assets.
The war will be won or lost, like it or not, fairly or unjustly, in the next six months in Baghdad.
As Media Matters for America documented, a November 1 article in the print edition of The Hill newspaper falsely claimed that "Sen. Hillary Rodham Clinton (D-N.Y.) skipped an Environment and Public Works Committee hearing Wednesday [October 31] that she called for earlier this year" and that Clinton "was nowhere to be seen at Wednesday's hearing." The same day, The Hill posted a correction on its website, acknowledging that Clinton had, in fact, "attended and asked questions" at the hearing.
The article, by reporter Alexander Bolton, quoted what it said was a "strong rebuke" of Clinton's absence by Sen. James Inhofe (R-OK). However, as Media Matters noted, the Inhofe quote was identical to a quote attributed to Inhofe by the Las Vegas Review-Journal on July 26.
Thursday, November 01, 2007
To establish its authority, the Iraqi government plans to take responsibility for security in all of Iraq's provinces by November. To give every Iraqi citizen a stake in the country's economy, Iraq will pass legislation to share oil revenues among all Iraqis. To show that it is committed to delivering a better life, the Iraqi government will spend $10 billion of its own money on reconstruction and infrastructure projects that will create new jobs. To empower local leaders, Iraqis plan to hold provincial elections later this year. And to allow more Iraqis to re-enter their nation's political life, the government will reform de-Baathification laws, and establish a fair process for considering amendments to Iraq's constitution.
The number of foreign visitors to the United States has plummeted since the September 11, 2001 attacks on New York and Washington because foreigners don't feel welcome, tourism professionals said Thursday.
"Since September 11, 2001, the United States has experienced a 17 percent decline in overseas travel, costing America 94 billion dollars in lost visitor spending, nearly 200,000 jobs and 16 billion dollars in lost tax revenue," the Discover America advocacy campaign said in a statement.
Is that the dollar has declined about 40% with respect to the pound and the euro and the loonie (very rough number).
Rumor is Al Wynn is targeting another innocent kitten... no photos yet, but you know what to do just in case.
Plenty of people getting hit by this should have known better, but for understandable reasons most people didn't previously expect their mortgage brokers to act like corrupt car salesmen.
New York State Attorney General Andrew Cuomo's office charged today in a civil lawsuit that the nation's largest mortgage and property services corporation, its home appraisal subsidiary and the nation's largest savings and loan giant conspired to inflate the value of home appraisals, earning higher profits for the bank but leaving homeowners holding potentially risky debt loads.
And the attorney general says his office has the e-mails to prove it.
According to civil court papers filed in New York City, at least 50 e-mails between executives from the mortgage and property services conglomerate, First American Corporation, its wholly owned subsidiary, eAppraiseIT, and Washington Mutual document a "raise the value" scheme.
TR wasn't masculine for the simple reason that he wasn't a man. He was a boy.
All "national greatness" types are essentially adolescent boys.
That's because they don't really dream of national greatness. They dream of personal greatness, with greatness being defined as being the star of their own comic book. I don't think you can underestimate the impact of the "Buffalo Bill" style popular culture of newspapers and pulp magazines in the second half of the 19th century, and their role in producing Hemingwayesque personalities like TR and, well, like Hemingway himself.
They wanted to grow up and have people write pulp stories about them, like the stories they read about Custer and Wyatt Earp. All of the rest of it is rationalization to that end.
But at least TR and Hemingway actually... did some stuff.
As I wrote before, once upon a time the Glenn Reynolds types wished they were Captain Kirk. Now they wish they could live on the holodeck.
The one reason to "fix" Social Security, that is come up with some long term funding plan which closes the "actuarial gap" until the end of time, is too shut Fred Hiatt and the gang up once and for all. But we'd be naive to think that such a fix would do anything like that. As long as the social security haters argue that the trust fund isn't "real," adding more money to the trust fund does nothing to further that goal.
But, anyway, Josh put it better. So go read the link.
One year before Election Day 2008, most Americans are dismayed by the country's direction, pessimistic about the Iraq war and anxious about the economy. Two of three disapprove of the job President Bush is doing. Nearly a year after Democrats took control of Congress, three of four Americans say it isn't achieving much, either.
In all, 72% of those surveyed in a USA TODAY/Gallup Poll taken Oct. 12-14 say they are dissatisfied with how things are going in the USA while just 26% are satisfied. Not since April have even one-third of Americans been happy with the country's course, the longest national funk in 15 years.
My question isn't meant to be flippant. I don't really think the right answer is easy to tease out of the answers to various poll questions. People aren't happy, and I'm really not sure I have a handle on why. I can't certainly come up with various little reasons, but there seems to be an overriding national narrative which people don't like. I want to know what it is.
Wednesday, October 31, 2007
`It doesn't seem like people are concerned enough,'' said Mickey Mellen, 31, who tracks the water situation on a blog, www.atlantawatershortage.com. ``What happens when we run out? Nobody has a real answer.''
Color of Change PAC says:
Black Americans have long relied on Black elected officials like Al Wynn to represent their interests in Washington, and far too often, they find those leaders unaccountable and compromised. Al Wynn has repeatedly worked against the interests of his Black constituents, siding instead with big business and the wealthy special interests that fund his campaigns.
Today, we're saying enough is enough. Donna Edwards, Wynn's opponent in the Democratic primary, has been a powerful advocate for policies that benefit the Black community, especially low-income Black folks. She has an excellent record of public service, and we are confident that once in office she will serve her constituents with integrity and accountability.
While Nancy Pelosi holds a fundraiser this weekend in support of one of the least accountable members of the Congressional Black Caucus, we're asking Black folks to stand up, demand better representation, and support Donna Edwards for Congress.
Look who's raising money for bad Democrat Al Wynn.
That's ok. We can raise money for good Democrat Donna Edwards.
As Stoller says:
- Progressive hero Donna Edwards nearly beat Al Wynn in 2006 as a first time candidate running an underfunded campaign, losing by just three points. This cycle, she's going to win. But this is not just another Congressional race, it's about what kind of party the Democrats will be in the majority. Will we continue to knuckle under to lobbyists and the Bush administration? Or will we stand up as proud progressives?
Color of Change, MyDD, Swing State Project, Americablog, Dailykos, Firedoglake, Atrios, and Openleft are coming together in a special project to raise $100k for Donna Edwards for Congress. We want to send a message to the Democratic leaders in Congress, to the corporate lobbyists, and to the Republicans that Congress belongs to the people. Over the next four days, we're going to show you exactly who Nancy Pelosi is raising money for, and we're going to cap it off with Donna blogging at Americablog, Dailykos, and Firedoglake for Saturday afternoon during the Wynn fundraiser.
You can help do your part here.
I have a fantasy that at one of these moments, a candidate will say, "You know what, Tim, I'm not going to answer that question. This is serious business. And you, sir, are a disgrace. You have in front of you a group of accomplished, talented leaders, one of whom will in all likelihood be the next president of the United States. You can ask them whatever you want. And you choose to engage in this ridiculous gotcha game, thinking up inane questions you hope will trick us into saying something controversial or stupid. Your fondest hope is that the answer to your question will destroy someone's campaign. You're not a journalist, you're the worst kind of hack, someone whose efforts not only don't contribute to a better informed electorate, they make everyone dumber. So no, I'm not going to stand here and try to come up with the most politically safe Bible verse to cite. Is that the best you can do?"
But we shouldn't hold our breath waiting for a candidate to say that, particularly not to Russert, who stands atop the insider media establishment. And like every skillful and experienced Washington hand, Russert knows that the way to the top is to pretend that for all the Georgetown cocktail parties you attend, for all the money you make, for all your heart flutters when the powerful treat you with deference, in truth you may be in Washington but you're not of it. No, deep down you're just a regular guy from the wrong side of the tracks, standing up to the effete swells of the ruling class.
And, to restate, there's obviously plenty of messed up gender stuff from younger people as well, it's just different.
Blue Dogs actually seem like the most scared people in all of Washington, D.C. as a result of this article. They are afraid of Republican attacks. They are afraid of conservative pundits. They are afraid of their constituents. They are afraid of motions to recommit that are meaningless in terms of actual policy. And they are protected by Emanuel and Hoyer, who seem petrified of all the same things. They seem to all operate in a perpetual state of fear, despite their surface machismo. And yes, it does seem like fear, rather than simply conservative beliefs in this case, because otherwise why would they be in favor of a meaningless procedural motion that has nothing to do with policy? The widespread fear in the tough guy wing of the Democratic Party is one of the great ironies of modern American politics.
A city judge who reduced a rape charge to "theft of services" in a case involving a prostitute assaulted at gunpoint was harshly criticized yesterday by the head of the Philadelphia Bar Association.
Municipal Judge Teresa Carr Deni's handling of the case was an "unforgivable miscarriage of justice," said Jane Leslie Dalton, the bar association's chancellor. "The victim has been brutalized twice in this case: first by the assailants, and now by the court."
Dalton's criticism came just 28 days after the association recommended that voters Tuesday retain Deni for a third six-year term.
That's not to say I imagine that the younger folk have transcended all of this stuff, just that it at least seems to be different. I find these people bizarre.
I don't think the bar should be set obscenely high, but if you can't manage to rake in a million bucks by this point then you really haven't gotten anywhere.
The runners start their day at 7:30 a.m., meeting at a duck pond beside a packed-dirt trail. Most end up running 120 to 140 miles a week. Brian Sell, the team’s best hope for making the Olympic team, runs 160 miles a week.
WASHINGTON - Karen Hughes, who led efforts to improve the U.S. image abroad and was one of President Bush's last remaining advisers from the close circle of Texas aides, will leave the government at the end of the year, she told The Associated Press.
Hughes said she plans to quit her job as undersecretary of state and return to Texas, although improving the world's view of the United States is a "long-term challenge" that will outlast her.
Tuesday, October 30, 2007
I'm hearing that the White House presented three names in its consultation with Sen. Specter, the top Republican on the Senate Judiciary Committtee. They were Ted Olson, Larry Thompson (the number two man under John Ashcroft), and George Terwilliger. Specter preferred Olson, whom the White House also views very favorably, and he likely will be the nominee.
From 1969 to 1993 there was almost uninterrupted Republican dominance of Washington. And by dominance I don't just mean control of the levers of power, but dominance of the social circle and the village customs. Carter was a brief aberration, and he was treated similarly as some out of town freak.
We've learned that the Villagers don't mind lies as long as they're in on them, don't mind criminal behavior as long as it's done by their pals, and don't mind jawdropping levels of corruption as long as everyone's getting along nicely while munching on quail at David Broder's place. They don't like outsiders, and the Clintons were outsiders.
Some more from Sally:
And then we have Sally Quinn, the self-appointed arbiter of Washington's social scene. Since the White House scandal story broke in mid-January, Quinn has gabbed on the networks and cable channels, passing judgment on the president and hissing at first lady Hillary Rodman Clinton.
"If you consider the life of Bill Clinton," she said on "60 Minutes," "whenever he leaves the White House, he's going to get on a plane, and where is he going to go?"
"What do you mean?" a baffled Mike Wallace asked.
"Well, he -- he doesn't even have a home," she sniffed. "I mean, when you think about it, he's homeless. I mean, they've lived in sort of government properties all their lives."
What Quinn really means is that from her elitist perch, President Clinton is poor white trash -- a homeless, rootless Bubba. No doubt this helps explains why he goes for women with big hair, and it allows Quinn to convince herself that he and Monica did unspeakable things in the Oval Office, even though there is as yet no proof.
But Quinn reveals her truly witchy ways when she talks about the first lady. She paints Hillary Clinton as a sad case, trapped in a lousy marriage, "floundering around in the last couple of years to try to find some project for herself."
Actually, it could be said that Sally Quinn has been floundering around for the last couple of decades, when she failed first as a journalist, then as a novelist, before emerging as a hostess in a Washington society that even she admits is in its death throes. Which brings us to a central question: Who appointed Quinn as the mouthpiece for the permanent Washington establishment, if there is such an animal? A peek into Quinn's motives reveals a hidden political agenda and the venom of a hostess scorned, and ultimately, an aging semi-journalist propped up by a cadre of media buddies, carping at the Clintons because they wouldn't kiss her ring.
All of this reporting and writing prepared Quinn for her true calling: being a hostess and party girl. "She would go to the opening of an envelope," says one socialite. She positioned herself as the Perle Mesta of the 1990s. She reveled in inviting the usual suspects in the political and media world to her Georgetown manse, then leaking gossip from the parties to reporters at the Post. It was a cozy relationship that depended on Quinn's ability to reel in big-name guests, especially the biggest of all, the first couple -- which brings us to the root of Sally's beef with Hillary.
According to society sources, Sally invited Hillary to a luncheon when the Clintons came to town in 1993. Sally stocked her guest list with her best buddies and prepared to usher the first lady into the capital's social whirl. Apparently, Hillary didn't accept. Miffed, Sally wrote a catty piece in the Post about Mrs. Clinton. Hillary made sure that Quinn rarely made it into the White House dinners or social events.
In return, Sally started talking trash about Hillary to her buddies, and her animus became a staple of the social scene. "There's just something about her that pisses people off," Quinn is quoted as saying in a New Yorker article about Hillary.
But when I think through how various levels might impact behavior, and I've done informal polling on this blog about it before, it's just hard to see how any realistic scenario leads to the kind of of economic and social Armageddon that some authors predict. Even if there was a major price discontinuity, with gas shooting up to $10/gallon tomorrow, I just don't see the country going through a sudden wrenching overhaul. People would be pissed. Stuff would be more expensive. But I really don't see it in revolutionary terms.
I hope someone at the State Department offers to give me Martha's Vineyard! They may not have the power to do it, but once they do any efforts to take it away from me will be inhibited!
This problem ain't going away no matter what Helicopter Ben does.
Monday, October 29, 2007
One can only imagine the Republican wrath and utter ridicule—the Rush Limbaugh fulminations—if, say, John Kerry had proposed a similar policy: Let's pin our Middle East hopes on the statesmanship of Hizballah and Hamas. But that is where the democratic idealism of the Bush Doctrine has led us. If the President turns out to be right—and let's hope he is—a century's worth of woolly-headed liberal dreamers will be vindicated. And he will surely deserve that woolliest of all peace prizes, the Nobel.
So what's the big deal?
Beating back George Bush's plan to kill social security was probably the first major victory for the broadly defined netroots movement. I say that not really knowing if things would have been different if blogs and the like didn't exist, but it seemed like a victory. And while we never got together in a dark smoky room to plot our strategy, it basically ended up being a two-pronged one. The first was to beat back against the "social security crisis" frame much beloved by every very serious pundit in Washington. The second was to beat back against the idea that since George Bush had a "plan" (which he never actually did in any form until very near the end of the whole debate) the Democrats needed to have a "plan" of their own. The first part of this is a perpetual game of whack a mole, necessary on just about every day the Washington Post is still publishing. And the second was a very necessary emergency tourniquet which needed to be applied very quickly.
Beating back the steady stream of misinformation about the nonexistent crisis was done throughout the blogs, on Media Matters, etc. And trying to stop the Democrats from coming up with their own crackpot plan was done through a combination of bloggers trying to explain repeatedly that people like social security, they don't want to change it, opposing changing it is a political winner, and most importantly that once the minority party proposes their own plan they've guaranteed that something will happen. And that something would have been very bad. In addition, Josh Marshall especially kept an eager eye out for any wavering Democrat in Congress who decided that his/her awesome social security plan must be unveiled to the grateful public in order to beat them back with phone calls and whatever bad press could be created.
Tt worked. Again, absent blogs it may have played out just like that anyway. Nancy Pelosi realized at some point that the "no plan" plan was indeed the best one, and she likely doesn't spend much of her time looking at my pictures of ponies. In any case, somehow George Bush's social security monster was driven back into its cave and it was done in just the way the liberal blogosphere and netroots more broadly orchestrated it to happen, in a very decentralized way of course. We're not members of any organized political party, remember.
So, anyway, having someone suggest that Social Security is a problem which needs to be dealt with by any serious candidate is like the bat signal for people like me. There is no problem with Social Security. None at all. Whatever broader fiscal time bombs exist have absolutely nothing to do with Social Security. Once you get Fred Hiatt and the gang opining about the need fix that Social Security problem, you've increased the likelihood of something very bad happening.
So, Obama's week so far: Fake social security issue, and telling gay people they need to have a "dialogue with" (translation: listen to) people who say that they're killing America's children.
Strange constituency to pursue in the Democratic primary.
...Stoller provides video of the Shrill One.
Part of the reason that we have had a faith outreach in our campaigns is precisely because I don't think the LGBT community or the Democratic Party is served by being hermetically sealed from the faith community and not in dialogue with a substantial portion of the electorate, even though we may disagree with them.
Aside from the adoption of right wing frames, this kind of statement is incredibly insulting to both the LGBT community who are apparently "hermetically sealed from the faith community" and to the "faith community" which is apparently defined as nothing more than a bunch of anti-gay bigots. Not to mention the Democratic Party, which apparently includes no actual religious people.
It's really just insulting to everyone, with a touch of "shut the hell up I know best."
One thing you learn very quickly when you blog is that no matter how smart and knowledgeable you are (or imagine yourself to be), some of your readers are going to be smarter than you and literally every one of your readers knows more than you do about something. It's humbling at first, but then quite liberating. The "shut the hell up I know best" stuff is what grates me the most about politicians and other elites in our system because the truth is that quite often... they don't.
Well played, Demcorats.
BAGHDAD, Oct. 29 — A suicide bomber on a bicycle killed 28 policemen in Baquba today as they prepared to do their morning training routine, Iraqi authorities said. The blast also wounded 20 other people, including seven policemen who were severely injured, and a woman and her baby, the authorities said.
In the Inqy:
In the five years since that meeting, the nonprofit they founded has grown from a spindly legged foal of an idea to a racehorse of a business, generating $10 million a year. The revenue pays for a small staff, the purchase and maintenance of the fleet, expansion and, when possible, a reduction in rates.
This month, the 30,000th member signed on, making Philly CarShare one of the most successful, fastest-growing programs of its kind in this country.
The five founders did it by digging into their own savings. They applied for a grant, flew to California to see how San Francisco ran its program, wrote up a membership contract, installed a software program, leased a Prius and a Toyota station wagon, and - on Nov. 7, 2002 - opened for business.
Word spread. After the first year, there were 570 members and 13 cars. They negotiated with community associations, the city and businesses, and either rented or were given designated parking where the cars could "live." The Union League, Whole Foods and the Parking Authority gave them space. In Queen Village, someone donated a driveway.
At its hip new offices at Ninth and Sansom, a white-haired woman is asking the receptionist how to sign up.
"I happen to be 69 years old. Do I need a doctor's note?"
In 2004, it awarded Philly CarShare a contract that allows multiple departments to share cars, and then frees them up at night and on weekends for use by city residents.
As a result, Philadelphia was able to sell off 329 vehicles. Since the program started, the estimated saving in lower insurance costs, less use, and less abuse is $6 million, according to Jeff Friedman, a consultant for the city's Office of Fleet Management.
Sunday, October 28, 2007
The dollar fell as low as $1.4426 per euro, the weakest since the introduction of the 13-nation common currency in 1999, before trading at $1.4420 as of 6:29 a.m. in Tokyo from $1.4393 in late New York on Oct. 26. It may drop as low as $1.4530 this week, Gibbs said.
BAGHDAD-Ahmad Chalabi, the controversial, ubiquitous Iraqi politician and one-time Bush administration favorite, has re-emerged as a central figure in the latest U.S. strategy for Iraq.
His latest job: To press Iraq's central government to use early security gains from the surge to deliver better electricity, health, education and local security services to Baghdad neighborhoods. That's the next phase of the surge plan. Until now, the U.S. military, various militias, insurgents and some U.S. backed groups have provided those services without great success.
That the U.S. and Iraqi officials are again turning to Chalabi, this time to restore life to Baghdad neighborhoods, speaks to his resiliency in this nascent government. It's also, some say, his latest effort to promote himself as a true national advocate for everyday Iraqis.
Chalabi "is an important part of the process," said Col. Steven Boylan, Petraeus' spokesman. "He has a lot of energy."
Pushing Daisies, Reaper, Chuck, Journeyman. Any good?
(AP) BAGHDAD Iraqi police say 10 sheiks allied against Al Qaeda have been kidnapped.
The group was made up of both Sunni and Shiite tribal leaders. Police say they were traveling home to Diyala province after a meeting with a government official in Baghdad to discuss coordinating efforts against Al Qaeda in Iraq.
Just a few months ago, the one-time front-runner for the GOP nomination had hit rock bottom, with financial, political and organizational problems so severe that many in the world of politics had written him off.
Initially considered the clear front-runner for the GOP nomination, McCain is now behind in national polls, and trails in the early primary states as well.
I suppose it all depends on how we define "initially," "considered," "clear," and "front-runner" but the idea that McCain was ever the clear front-runner anywhere but in the NBC green room and the Georgetown cocktail weenie circuit is a bit of a stretch.
Looking at national polls one has to go all the way back to 2006 to find polls which show McCain in first place - and then we're basically talking about ties with Giuliani. You have to go all the way back to 2005 to get polls which really show him out in front of a hypothetical matchup which includes people like Condi Rice.
McCain's never done well in Iowa, which is THE MOST IMPORTANT THING EVAH except when it interferes with the script, and even in New Hampshire he'd been swapping spots with Rudy! until the Mittster took the lead.
But a review of the 88 criminal cases Thompson handled at the U.S. attorney's office in Nashville, from 1969 to 1972, reveals a different and more human portrait -- that of a young lawyer learning the ropes on routine cases involving gambling, mail theft and, in one instance, talking dirty on CB radio.
There were a few bank robbers and counterfeiters. But more than anything, Thompson took on the state's moonshiners and a local culture, rooted in Tennessee's hills and hollows, that celebrated the independent whiskey maker's battle against the government's revenue agents.
Twenty-seven of his cases involved moonshining -- more than any other crime.
"Hell, I made whiskey and was violating the law, but I didn't do nothing wrong," said one of Thompson's many moonshining defendants, Kenneth Whitehead. "I would do it again if I had a still. I can't afford a still now."
ABC's "This Week" — Sens. John McCain, R-Ariz., and Dianne Feinstein, D-Calif.; Rep. Duncan Hunter, R-Calif.
CBS' "Face the Nation" — Sens. Carl Levin, D-Mich., and Lindsey Graham, R-S.C.
NBC's "Meet the Press" — Sen. Chris Dodd, D-Conn.
CNN's "Late Edition" — Nabi Sensoy, Turkish ambassador; Mohamed ElBaradei, International Atomic Energy Agency chief; Sens. Barbara Boxer, D-Calif., and Trent Lott, R-Miss.; former Gov. Mike Huckabee, R-Ark.