Monday, April 19, 2010

Review of Constroversal Golman Sachs Pitch Book

Here's a review of the controversial Goldman Sachs pitch book for the CBO over which Goldman Sachs has been accused of fraud by the SEC.

Sunday, April 18, 2010

SEC's Fraud Accusation Against Goldman Sachs

You can read the SEC allegation here.

It's filled with jargon but essentially, the story goes, Goldman Sachs a) sold a CBO to two European banks, b) without telling them that the investments which the CBO contained were selected by a hedge fund which c) would be paid out by insurance money (credit default swap) should that CBO fail.

A large part of the case revolves around this pitch book concerning the alleged fraudulent investment.

Saturday, April 17, 2010

Tuesday, April 13, 2010

Bill O'Reilly Gets Malmady Massacre All Wrong Twice, and Fox News Tries to Hides It

I know this is a old (2006) but it needs to be shown again.

Keith Olbermann calls Bill O'Reilly out for getting the facts concerning the Malmedy massacre completely backwards and twice (not once, twice) stated with misplaced certainty that Americans had massacred Germans soldiers at Malmedy. (It was the other way around, the Germans massacred 84 American soldiers who had earlier surrendered.)

And then Fox News alters a transcript effectively hiding the second stuff up by Bill O'Reilly. How are we supposed to even trust their transcripts?

O'Keefe/Giles Tapes On ACORN Proven to be Highly Misleading

See here.

Fox News Uses Rumor From Anti-Semitic Website Against President Obama

See here.

Note: this article discusses a website (the anti-semitic one) which is plagued with spyware.

Sunday, April 11, 2010

Obama Did Not Support After Birth Abortion

I wish I read this earlier.

15. Falsehood: Obama opposed protecting "babies that survived late-term abortions"

During the election I read that Obama supported the killing off of aborted babies that had been taken out of the womb because he voted against an Admentment to this act. He did vote against because he believed existing laws already prevented that. And the charge which prompted the introduction of that bill could not be substantiated.

To say Senator Obama thought the supposed incident was a) permissible and b) something that he supported and c) hoped to bring into law is absurd.

Tuesday, April 6, 2010

Introduction

Hello.

Some of you will be familiar with my previous blog, Living Armstrongism, which discusses my former religion, Armstrongism, a Christian based cult that was devised by Herbert W. Armstrong. I have since decided that he was wrong on many things and I don't need his heretical organizations to get close to God. I am now a Christian.

I'm just an ordinary guy. But I've been reading so much stuff lately that I feel I need a less COG oriented blog.

For quite awhile I have been absolutely fascinated with American politics and I feel compelled to speak my mind, for its worth on these matters. (And give myself a way to preserve any fascinating columns or posts that I see on this subject.)