May 9, 2009
On The LiberalOasis Radio Show
People have been wondering where I've been. All over the place, actually, but my most recent absence has been caused in part because I was in Washington, D.C. chasing down a contribution to Bill Scher's great LiberalOasis Radio Show. He's gone to a new format where he combines his usual top-notch political commentary and interviews with segments from contributors. It's like This American Life on steroids (or participating in Major League baseball).
This week's show includes a podcast I hunted down from Congressman Roy Canunkabunk, the only Blue Dog Democrat in Massachussetts. He's acquired many accolades and been called many things while in Washington, the most recent of which is "a real piece of work." Check it out.
Also on this week's show: Sierra Club's Josh Dorner speaking about a real energy bill that's going to come out of the House, Tom Pappalardo with a very funny and nostalgic piece about 1980s computers, Dianne Bilyak with an interesting take on "Facebook" lists and WHMP's Glenn Johnson reporting from Northampton's Gay Pride day.
The show is broadcast on WHMP every Saturday at 10 a.m., and you can listen, download, or horde it at these links: (iTunes / XML feed / MP3).
March 11, 2009
Not Counting Losses, Citigroup Shows Record Profit
Wall Street Rejoices
Aside from the billions it lost, Citigroup made millions of dollars in profit, wowing battered investors and sending the stock market skyrocketing all the way back up to to last week's horrific low. "It's a miracle!" said one trader, "We're back on track!"
"When we examined our books, we found that the months where the government gave us money showed us taking in absolutely whopping amounts of cash," said Citigroup executive Neil Patsy. "We were raking it in. Seriously. The government drove dump trucks to our headquarters and we gathered everything they gave us with rakes."
Investors hungry for good news pounced on what some called "interesting accounting practices" to push the market skyward, "or at least to prop it up like a crude box trap held up by a stick tied to a string," said another trader.
Economics Professor Urtigan Azkawari, whose ministering to sick companies has earned him the nickname "Dr. Money," said that he was pleased with Citigroup's progress. "Look at the patient," he said. "He's lost his arms, his legs, his kidneys and he's half blind -- but other than that that, he's doing quite well."
Posted by Tom Burka at
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