This is great news for news

Huffington Post Launches Investigative Journalism Venture

"NEW YORK — The Huffington Post said Sunday that it will bankroll a group of investigative journalists, directing them at first to look at stories about the nation's economy.

The popular Web site is collaborating with The Atlantic Philanthropies and other donors to launch the Huffington Post Investigative Fund with an initial budget of $1.75 million. That should be enough for 10 staff journalists who will primarily coordinate stories with freelancers, said Arianna Huffington, co-founder and editor-in-chief of The Huffington Post.

Work that the journalists produce will be available for any publication or Web site to use at the same time it is posted on The Huffington Post, she said."

This is good stuff.....it will fill the massive void corporate newspapers have left in this country for the last few decades.

Investigate the crooks!

G.O.P = Got 0 Plans

BWAHAHAHA...actually a decent article:

"The Republicans are like an arsonist who complains that the fire department is wasting water. Obama is trying to handle an immediate crisis while also laying the foundation for long-term growth. The Republicans are doing neither. They have no plan to stop the loss of jobs or to get capital markets functioning properly -- and they certainly have no plans for health care, education or energy, which are the keys to both long-term economic growth and long-term deficit reduction.

All the energy -- indeed all debate -- is on the progressive side of the aisle. The Obama administration's only intellectual challengers are on the left, where economist and New York Times columnist Paul Krugman and others are offering a vigorous critique and proposing alternative solutions. But where are the Republicans? Doing nothing but complaining. Unless and until they do offer an alternative, they really have no right to whine about the president. For now at least, GOP stands for "Got 0 Plans."

Newspapers closing up shop....good riddance! Next up...our local "5 o' clock news"

A lot of talk about the destruction of democracy etc etc with all these newspapers closing up shop. I believe BuffaloGeek said it best....

"The problem with newspapers is that we don’t need journalists to report, we need them to investigate. Reporting is a crowdsourced function done by millions of bloggers and TV/Radio reporters. There is little value in waiting for The Buffalo News to show up on my doorstep 18-24 hours after something happened with a basic 5 W rundown of an event or news item. I’ve already read it online, watched the pundits opine on it, heard talk show hosts dissect it and personally synthesized it by the time the ink is dry on the newsprint. Much of what I get in the daily paper are reprints of AP wire stories and articles featuring content I’ve already consumed in various other medium. What’s the added value?

I’m not breaking any new ground here, but I do think I have an idea for how newspapers shall remain relevant.

Stop reporting and start investigating."

As Lawrence would say from Office Space..

Backup plan, contigency plan, disaster recovery, fault tolerance? Que?

Courtesy of TP

This dude's optimism is great and all....but it would be nice to know that the guy who is responsible for bringing us out of this recession had a few backup plans....this guy is scaring the shit out of me

BTW....this BS rally in the market is obvious proof that the "investor class aka top 2%" is in total control and is leaning all over Geithner to please them.

I am glad I have not voted Rep/Dem since 1996.

O'reilly re-mix.....for old times sake.

Thanks to my buddy Joe for pointing this out.....

Bill O'reilly is reading from his novel...the only thing that comes to mind is, gross dude

Bill O'reilly is still on teevee? I guess so.....and advocating murder of people he doesn't like.

I was totally unaware that Sy Hersh was a "muckraker" as opposed to an investigative journo.

Courtesy of TP

" The other day, left-wing muckraker Seymour Hersh went on MSNBC and said he had information, provided by the usual anonymous sources, that Dick Cheney was running an assassination squad out of the White House.

I have but one simple observation: If Cheney really had such a crew, Hersh would have been dead a long time ago, and so would most everybody at MSNBC."

Timothy Geithner Uses Turbo Tax?

BWAHAHAHAHAHA

Change We Can Believe In?

-image from bizzyblog

Can someone please explain how Geithner's plan is any kind of change we can believe in? This bail out plan has gone so horrendously wrong that it's truly hard to see the bottom. The reason why it is now so hard to see bottom is we are so damn deep down the well that sunlight no longer reaches our eyes.

The Obama Admin has incredibly "misunderestimated" the complete and utter collapse of our economic system.

Note: When you play catch up, its because you didn't do your homework.

Obama asking for more oversight on executive pay....finally.

Obama has not accounted for credit debt defaults as well as all the mortgages with ARMs that reset at the end of 2009.

-ARMs reset end of 2009

-Credit Card Defaults Explode