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AIG Wants Another Bailout – Where’s Rick Santelli When You Need Him?

The insurance giant AIG is back with its hands out, asking for yet another government bailout, the New York Times reports. At TPM, Josh Marshall raises an interesting question. Where does the bailout money for AIG  — at $150 billion and counting — really go?


Frank Vows to Put an End to Fannie and Freddie Waivers

Elana Schor at Talking Points Memo has a great inauguration interview with Rep. Barney Frank (D-Mass.). She asked him about TWI’s story last week revealing that homeowners have to sign away their rights to sue lenders, if they want to get a loan modification under Fannie and Freddie’s streamlined loan modification program.
Frank said he had [...]


Leak re Obama’s Aunt Endangers Her and Her Family

By now, most people have heard about The Associated Press report that Sen. Barack Obama has a distant aunt –- his deceased father’s half-sister -– living in Boston who is an undocumented alien. They may also know that Zeituni Onyango, from Kenya, was denied political asylum by an immigration judge four years ago.
As Josh [...]


McCain Didn’t Go to the Bench for RNC Speech

A reader over at TPM speculates:
Whatever you think of the [Alaska Gov. Sarah] Palin speech, whether it was cynical or alienating to anyone outside the base, it was solidly written. I’d even say well written. [Sen. John] McCain’s wasn’t. It was decidedly second rate, not just badly delivered but clumsily written (except for the part [...]