• February 13, 2012

paul volcker

Let’s start calling developments in the Senate “anti-news,” right? In fact someone should just write the history of every future legislative proposal now, and patent it: “A proposal by former Federal Reserve Chairman Paul Volcker to limit bank’s proprietary trading will be either be dropped or significantly modified in the Senate, lawmakers and staffers told [...]

The cranberry menace Nancy Pelosi says a government appointee should oversee the bailout of Detroit. This person will be called the “car czar,” in celebration of the Russian aristocrats who invented the American auto industry. And guess who will probably be our car czar, if Nancy Pelosi has anything to do with it? No, not [...]

Well this is terribly disappointing! After a veritable two weeks of post-election speculation about our future Secretary of the Treasury, with an endless parade of sexist buffoons and kindly forest-giants to choose from, Barack Obama goes for some dude named Tim Geithner who appears to be of normal stature and possessed of no serious personality [...]

Here is something weird, and thank you, First Read, for pointing this out recently: the press has already found out the identity of like half of the future Obama cabinet. And yet we have no idea who’s being vetted to fill one of the most important positions of all — Treasury Secretary. What is up [...]