Bang the Drum

rants and ramblings of a political junkie

Entries Tagged ‘avarice’

Fannie Mae’s Rise and Fall

Oct.06, 2008 in Congress, Domestic Policy

Interesting history of the pressures and difficulties of being Fannie Mae from the New York Times.
Shortly after he became chief executive, Mr. Mudd traveled to the California offices of Angelo R. Mozilo, the head of Countrywide Financial, then the nation’s largest mortgage lender. Fannie had a longstanding and lucrative relationship with Countrywide, which sold more [...]

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ExxonMobil, Shell, Chevron et al Claim Victors’ Spoils

Jun.19, 2008 in Bush Administration, Election 2008, Foreign Policy, Iraq

The horsemen of the apocalypse are on the hunt. Here’s the latest news on the pale horses of death: ExxonMobil, Total, Chevron, Shell, et al who have been given preferential treatment and no-bid contract opportunities to service Iraq’s oil fields. (Remember this?)
The NY Times reports:
The deals, expected to be announced on June 30, [...]

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Letters From the Middle Class - Intro

Jun.07, 2008 in Domestic Policy, Election 2008

On Thursday’s NewsGang Live, Rob LaGesse made the rather sweeping pronouncement that we were “much better off today than we were 30 years ago.” I disagreed. I also thought he had a rather arrogant idea of what people could and could not do when it came to picking up and moving from an economically [...]

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This is where I keep my politics separate from the polite company on my personal blog. Follow me on Twitter, identi.ca or Pownce. I'm also a regular loudmouth over on Steve Gillmor's daily NewsGang Live podcast. Join those discussions from 1-2pm daily on the Ustream channel.