Wednesday, December 19, 2007

Things I Learn Watching VH1

Hannah Montana is very popular (I knew that already).

Hannah Montana is played by Billy Ray Cyrus's Daughter.

Hannah Montana's father is played by Billy Ray Cyrus.

Holiday Schedule

I'm not really going anywhere, but posting will be a wee bit more inconsistent than you're used to until the new year begins. Some days the blog will go to 11, and some days it'll go to 5 or so.

Unpredictable!!

My Cat Works For Huckabee

Funny.

The Stupidest Scandals

I think the stupidest political scandals are the ones which involve "dirty donors" and associated calls to give the money back. Big bundlers and those big supporters who are effectively part of the campaign are one thing, but candidates really shouldn't be asked to respond to or denounce everyone who writes them a check. Given the donation limits for supporters of presidential candidates, no one donor can be especially important so the idea that the candidates are somehow tainted by them is silly.

Pantload

Yes, it's even worse than we imagined.

Evening Thread

My cats are really stoned on catnip.

Unity!

Tancredo drops out of Republican race, presumably so he can join the Sharpton/Tancredo Unity '08 dream ticket.

Long Hard Slog

'Tis the season to throw some coins Digby's way. I know that asserting the following annoys lots of people, but maintaining a blog for an extended period is actually a lot of work and tends to take over your life to a stunning degree. Reader support is appreciated.

More Thread

Should we all chip-in on Baby-Sized Grey Turtlenecks?

Afternoon Thread

Gotta run some errands.

Really Creepy

As I said, Rudy! is just one creepy dude.

ACA Downgrade

ACA Capital was downgraded to CCC, otherwise known as "crappy."

This should force many owners of Big Shitpile to put this stuff onto their books, as this move basically tells them that they can't pretend to have insured their risk away because their insurer sucks.

Not So Deep Red

Dem wins special election to Texas State House.

District went 34% to Gore in '00 and 36% to Kerry in '04.

Subprime Chat

Go talk with Brad Miller and Linda Sanchez.

Silly Sallie

CNBC: "Sallie Mae CEO sounded unstable [on conference call]"

Sovereign Wealth Funds

I suppose it's time to think about the implications of foreign government nationalizing US companies buying up assets.

NEW YORK (AP) -- Morgan Stanley, the No. 2 U.S. investment bank, reported a $9.4 billion writedown on Wednesday from bad bets on mortgage-related debt, leading it to take a $5 billion infusion from an arm of the Chinese government.

The writedown, nearly triple what Morgan Stanley warned of in November, pushed the investment house to the first quarterly loss in its 73-year history. Chairman and Chief Executive John Mack accepted blame for the fiscal fourth-quarter loss, and said he would forgo his annual bonus.

First!

I can't believe the CNN reporter is patting herself on the back for maybe - she doesn't even know! - being the first reporter to cover the fire at the Eisenhower Executive Office Building.

McCain's Back!

That's what Brian Williams and NBC told me yesterday. I think it was because he got a few newspaper endorsements.

In the latest national poll he comes in 5th.

National polls don't matter, but he isn't doing well in Iowa, New Hampshire, Florida, South Carolina, etc...

Insure Yourself

It's hard to get a full understanding of this story. Essentially it's preferable for Big Shitpile to bail out their insurance company - essentially cover their own losses - and keep pretending they actually have insurance than to admit that their insurance company doesn't actually have any money to pay claims. This is due to the combination of exploitable accounting rules and reserve requirements for banks. If they have to admit that their fantasy income isn't real then they might be technically below reserve requirements.


WHEEEEEEEEEEEEEEEE

Thread

New York Times news judgement lacking, film at eleven.

Signed,
Not Atrios