brilliant

elizabeth warren for president.

not in 2016. in 2012. this is a great idea. i love elizabeth warren.

this matt taibbi guy is onto some good stuff.

the roust-a-bouts

here are some clips from some pretty rockin' dudes:

legs against arms- the applicant recording session

leatherbag- acl

legs against arms- at the mohawk

leatherbag- on down the line

legs against arms- at the mohawk, pt. 2

leatherbag- pro j insider interview

let's burn down the cornfield

the committee to save the world. rubin. greenspan. summers. this committee to save the world nearly brought about the end of the world. the financial world at least. these guys worked with democratic president clinton and a republican controlled congress to deregulate the financial market. so the next time someone tells you the republicans or the democrats did this, look them right in the eye and tell them, they all did it. they're all responsible.

there was one lady trying to regulate the derivatives market. brooksley born. pbs frontline ran a show on her last night. she was simply trying to pull the market from the dark. but this committee to save the world wouldn't have it. they knew better. markets are better left alone. she didn't agree. and she wrote a concept release regarding the matter. you can read it here. eventually, she was marginalized and she resigned.

the pbs frontline can be seen here.

here is a playground analogy regarding the financial mess.

greenspan has retired as head of the fed. rubin went on the help make citibank one of the biggest receivers of federal bailout money. and summers is back in government with our current president. apparently he is now in favor of more regulation.

but there are people in the administration calling for more regulation. paul volcker is. but does he go far enough? that is a question raised here at naked capitalism.

and more importantly: does he have the president's ear? the new york times discusses that question.

there's a line a broken social scene song that goes, "don't get high on what you create." and that is applicable here. these problems existed before. these problems helped stir up the beginnings of the great depression. but we created a better, more fluid financial system, right? those problems won't be our problems again, right? we're smarter now. information is abundant. it won't happen again, right?

don't get high on what you create.

periodically double or triple

time doesn't really seem to exist much these days. whether it's a monday or a thursday or a sunday doesn't have too much relevance, besides football games and such. but ultimately, the days are somewhat connected. and i'm not sure if that's a good thing or a bad thing. it's nice to not focus on certain days or fret about other days or what's coming up. you can kind of just take it all in. the change in weather certainly helps. i'm actually really enjoying this life of tempered behavior. i started late to the race and i'm glad i did. but i'm also glad i finally joined the race. and it's not the race for material possessions or fancy things. it's probably not even a race. it's more of an awareness. i was late to the awareness. and i think people who are late to the awareness fair better down the road. it's the people who wake up suddenly when they're 35 or 40 and become aware that can be dangerous. i don't really know what i'm saying, but i do.

there's a new sec prosecutor and his name is robert khuzami. yes. go after them robert khuzami! i suppose one bernie madoff is enough for the sec to be completely and forever embarrassed.

here's a few guys you can start with. these dudes is corrupt.

i've been saving my money a lot lately. partly because i don't want anything and partly because i want to provide a cushion when my wife and i get old and broken down. so it really pisses me off to read stuff like this because i know it's out there and i have a bad feeling it's going to get worse.

the dollar is crashing. what's that all about?

paying off your credit card on time might soon cost you some money. remember to use these things sparingly. they are not your friend.

flight of the conchords have a new album out.

this magic moment

has anyone seen "lost highway"? it's a david lynch movie. david lynch movies are incredible because you have no idea what's going on and no idea why the characters are doing crazy shit. "blue velvet" made a little more sense than "lost highway," but "lost highway" was better. it's the story of a jazz musician who thinks his wife is unfaithful. but it's so much more than that. the movie goes in wild tangents making you sit through about an hour an a half of movie before things start to somewhat become unclear. i highly recommend it to everyone. and i would love to hear what anyone thought about the movie who's seen it.

i finally got my notice to schedule for the next part of the CPA exam. i've been fighting with these people for two weeks. that was a huge relief.

looks like the banking industry might be getting the much needed hand slap it deserves.

this chart shows that increased viewing of television goes hand in hand with increased amounts of debt. at this thought, this chart seems to make tons of sense and really doesn't enlighten the conversation at all. but it's worth looking at just to check out.

went the to menil museum and the italian festival this weekend. i love going to the menil.

my world series picks are looking pretty grim.

my texans pick of 8-8 is looking perfect.