The Hollywood Liberal

Clinton’s Convention Role Negotiated
Sen. Hillary Clinton “won a hefty 1,600 convention delegates in six months of primaries. A big question now is whether to let them vote at the Democratic convention,” according to the Wall Street Journal.

“High on the list of matters that Sen. Clinton and likely Democratic presidential nominee Barack Obama are negotiating as her campaign closes down is whether and how her name is put into nomination at the August convention in Denver.”

Could McCain Pick Fiorina as His Running Mate?
Dana Milbank looks at the potential of former Hewlett Packard CEO Carly Fiorina as Sen. John McCain’s running mate.

“Fiorina’s brazen breakfast talk demonstrated why she’d be such a risky running mate for McCain — and yet also, potentially, the most rewarding of his options. She’s the most prominent and visible of the women believed to be under consideration for the vice presidency, and her attributes are many: a woman who could appeal to disaffected Hillary Clinton supporters… At the same time, she’s unvetted and untested, as her breakfast conversation demonstrated anew (religious conservatives frown on Viagra-and-contraceptives talk) that she’s new to the game.”

Fed: Responsibility Still For Little People
It’s a hard job. But someone has to keep the money spigots open and ensure executives and hedge fund operators keep raking in huge bonuses for driving their companies into insolvency and crashing the economy.

Seems the Fed may not be ending those temporary loan facilities yet.

Translated Fed:

What, you were stupid enough to think there was even the smallest chance that we wouldn’t extend the lending facility where we take in securities so worthless that no one in the private sector would buy them, and lend back grade-A securities worth 99 cents of the face value Wall Street can’t get from anyone else?

We here at the Fed exist to make sure that when Wall Street and the Banks are given as much money as they need. In good times they get all the profits from the free money. In bad times, when the stupid loans they’ve made, the lousy securities they’ve issued and the bad trades they’ve engaged in come back to haunt them, you can count on us to make sure that bonuses keep flowing and as few rich people get hurt as possible.

The truest principle of capitalism is that the rich should make the profits in the good times, and in the bad times, ordinary people should pay for their losses. Heads Wall Street wins, tails taxpayers lose.

It’s a hard job. But someone has to keep the money spigots open and ensure executives and hedge fund operators keep raking in huge bonuses for driving their companies into insolvency and crashing the economy.

Responsibility, just like bankruptcy, is for little people.

Big people have personal bankers like Helicopter Ben Bernanke and Alan “Bubbles” Greenspan to make sure that the buck never, ever, stops at the top.

Librarian Booted From McCain Event in Denver

Via Progress Now, which captured the video, Carole Kreck, a 61 year librarian was waiting in line this morning at the Denver Center for Performing Arts to attend the John McCain town hall meeting. She held a sign that said “McCain = Bush.”

McCain's security detail told her to leave. The police were called. They issued her a ticket for trespassing and escorted her out.

The event was open to the public. They advised people to arrive a few hours early. How can you trespass on public property if you’ve been invited to the event being held on that property?

Timetable
According to the Associated Press-Wankers, Iraq’s national security adviser sez no security deal unless there’s a timetable for withdrawal. The White House does not want.

The sweet smell of sovereignty.

Late Night

Here’s a cat because Coeruleus took a picture.

A Lesson From the ‘04 Election in Ohio: How Latinos Were Disenfranchised
An excerpt from a new book describes how Ohio’s voting system failed Latino voters.

Late Night: Jessie’s Girl and Open Thread
In case you weren't one of the 7 million people who watched the Bachelorette finale last night, Deanna picked my favorite, Colorado Snowboarder Jesse Csincsak. As I predicted, more than 1,000 fans signed up on Jesse's MySpace page today (which overnight became a joint page for him and Deanna). But, more than 2,000 fans signed onto Jason's page today. I was on the media conference call with them today — two segments, one with Deanna and Jesse and the other with Jason.
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LeftWord: The Best Liberal Blog Posts

Today’s Must Read
It’s not just FISA and warrantless wiretapping. There’s a whole web of government domestic surveillance that goes unnoticed and largely unregulated….

Cheney reportedly wanted cuts in climate testimony
Cheney reportedly wanted cuts in climate testimony

Obama denies shifting to reach ‘center’
Obama denies shifting to reach ‘center’