Thursday, March 19, 2009

Daily Chatterings: Thursday, March 19th 2009

THE BIG CHATTER:
Yesterday, everyone was focused squarely on the AIG testimony on the hill. The night ended with a powerful speech by President Obama. I imagine it will be chatted about a good amount today. As I noted in one of my posts yesterday, I was struck by the comparison of the AIG bonuses to the captain of a ship and the crew stealing life rafts from the passengers. I feel that this truly explains the Wall Street mentality over at least the last decade. I will spend today combing through C-Span footage of the hearing to find the Representative that made that comparison. Hopefully, I can post a video of his comments later today, but I will definitely have an expanded analysis of that comparison coming shortly.

UPDATE:
I found the House Financial Services Subcommittee video footage. Sadly, the format sucks (exactly what I expect from a government run website, other than President Obama's of course). I'm combing through it, the printed version would be a lot easier, but that still isn't up.

SOME OTHER CHATTERINGS:
Surely, there will be chatter about the tragic death of Natasha Richardson.

There have been plenty of people blaming Senator Chris Dodd for the AIG bonuses slip in the last bailout bill.

Jon Stewart is having Bruce Springsteen on the Daily Show tonight, and we will probably see Jon drooling as much as when Tom Waits was on.

This one will be really interesting to watch;
"Rep. Charles Rangel says the House plans to take up a bill Thursday that would impose a 90 percent tax on bonuses paid to top-earning employees at AIG and other companies receiving big government bailouts."
You can read the entire bill here (it's a pdf that will download when you click the link).

UPDATE:
The house passed the bill. It was a pretty overwhelming vote, 328-93, bringing a lot of Republicans into our realm of socialism. It will be interesting to see if the more reserved Senate does anything on this.

A sort of cool chattering, today is C-Span's 30th birthday! I, for one, am very thankful for everything the good folks at C-Span do.

YOUR DAILY VIDEO TO CHAT ABOUT:


Anything big I'm missing?

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