William K. Wolfrum's picture

    British Petroleum Lobbied for Lockerbie Bomber release - oil for terrorists

    One must wonder if Republicans will be standing up for British Petroleum and their profits after this latest headline: “BP lobbied U.K. ahead of Lockerbie bomber release.”

    LONDON — BP confirmed Thursday that it had lobbied the British government over a prisoner transfer agreement with Libya in late 2007 before the release of Lockerbie bomber Abdel Baset al-Megrahi.

    William K. Wolfrum's picture

    Sea Turtles: Crazed Death Machines That Should Be Burned Alive

    If a Sea Turtle could, it would murder you with its bare hands. And liberal environmentalists would like nothing more than to allow this ancient species to gain the power they’ve always slowly plotted.

    Sea Turtles are often portrayed as wise, harmless keepers of the deep. But such a description couldn’t be further from the truth. The fact is this – Sea Turtles are monstrous man-eaters that make Great White Sharks look like otters.

    William K. Wolfrum's picture

    Jack Welch – a $700-million populist spokesman

    Jack Welch – former CEO of General Electric, Net worth, $720 million – had this to Tweet recently:

    I wish the President would stop dividing us..Every day he has a new villain..bank execs, insurance companies, doctors, hedgefund managersetc

    Doctor Cleveland's picture

    Libertarian Wonderland Is Not So Great

    It is a truth universally acknowledged that lower taxes and smaller government lead to economic growth, while higher taxes and bigger government hold the economy back. And like many truths that are universally acknowledged, it is frequently contradicted by easily observable facts and that makes no difference. Economics especially seems to be full of these ironclad universal rules that only hold true some of the time, in elegantly controlled micro-economic examples.

    William K. Wolfrum's picture

    InterOil (IOC): A (unreported) family affair?

    Not long ago, actor Shia LaBeouf, star of the upcoming “Wall Street II,” delved into the world of advising investors, as he had these kind words to say about InterOil:

    “IOC’s momentum is major, and it will surprise to the upside,” texted LeBeouf to a GQ writer.

    Doctor Cleveland's picture

    The Ivy League/Wall Street Connection

    Ezra Klein recently tried to answer the question "Why is Goldman Sachs full of Ivy Leaguers?" by interviewing a Harvard/Goldman alum. (h/t to a righteously repulsed DougJ).

    William K. Wolfrum's picture

    Gizmodo vs. Goldman Sachs

    If there’s one thing we can say for sure, it’s this: Those Gizmodo guys will get a much worse punishment for having that iPhone than anyone at Goldman Sachs will get for bilking their investors.



    Crossposted at William K. Wolfrum Chronicles

    Doctor Cleveland's picture

    The One-Two Punch of Wall Street Reform

    Some conservatives have accused President Obama of timing the Goldman Sachs lawsuit to make it easier to pass Wall Street Reform. It's not true, but the conservatives' anger at the alleged tactic is a sign of what a good idea that tactic is. It's the right general thing to do, and Obama should do a lot more of it.

    William K. Wolfrum's picture

    Pope Benedict XVI takes over at Goldman Sachs

    NEW YORK/ROME — Catholic Pope Benedict XVI has taken over all responsibilities at troubled Goldman Sachs, today. His new title will be Chief Holy Authority (CFA) or just “Pope.”

    The Pope will keep his duties with the Catholic Church while working simultaneously at Goldman Sachs. The Pope stated he saw no problems for the giant financial firm that is currently in trouble with the SEC.

    acanuck's picture

    I bought a toaster today

    I know, I know. Daglog is not Twitter. And as Joe Biden would say, big F-ing deal. It's just that I'm over 60 years old (there, I said it) and to the best of my recollection I have never before bought a toaster.

    William K. Wolfrum's picture

    Shia LaBeouf: Sage investor or InterOil dupe?

    So who do you get your stock tips from, these days? How about 23-year-old actor Shia Labeouf? Yes, in studying for his role in the upcoming film “Wall Street 2,” Labeouf spent time at John Thomas Financial. At John Thomas, InterOil (IOC) is their “favorite energy stock.”

    So guess which stock LaBeouf is praising?

    William K. Wolfrum's picture

    Atheist promises to stick with Catholic Church during these ticklish times

    BRAZIL – Atheist blogger William K. Wolfrum – known primarily for posting pictures of his dogs – has come out in support of the Catholic Church today. A life-long Catholic, Wolfrum said it seemed that now was the time for him to “have the back” of his old faith.

    Even though I don’t believe in anything they preach and think they’re evil is no reason for me to abandon them now,” said Wolfrum, who has attended one Catholic Mass in the last two decades. “I’m no hater.”

    William K. Wolfrum's picture

    Prison isn’t even hiring

    How bad is the economy? Well, it’s getting harder to get your three hots and a cot for the first time in almost 40 years.

    Spurred by budget crises, California and Michigan together reduced their prison populations by more than 7,500 last year, contributing to what a new report says is the first nationwide decline in the number of state inmates since 1972.

    Doctor Cleveland's picture

    The Business of Universities

    A lot of people who talk about reforming American universities like to say that they should be "run like a business." Those people seldom explain what they mean by that, because they take their "like a business" phrase as self-evident and self-explanatory. But American universities, even if they're non-profits, already run like businesses. In fact, they are businesses. The only question is what kind of businesses they should be.

    William K. Wolfrum's picture

    Got Torts? William K. Wolfrum’s Tort Reformation is here to help

    Do you have Torts? Do you wake up each morning to see a Tort-infested life that is destroying everything you hold dear?

    If that’s the case, then William K. Wolfrum’s Tort Reformation* is here for you.

    acanuck's picture

    The Decline, Fall, Plunge and Demise of Journalism

    If you go to the Drudge Report right now, you'll see the teaser:

    PAPER: Soros 'at center of hedge funds plot to cash in on demise of the euro'...

    If you click on the link, you'll see the Mail Online headline:

    Man who broke the Bank of England, George Soros, 'at centre of hedge funds plot to cash in on fall of the euro'

    If you read the lead paragraph, you'll see:

    A secretive group of Wall Street hedge fund bosses are said to be behind a plot to cash in on the decline of the euro.

    William K. Wolfrum's picture

    Bring back slavery (or build more prisons)

    While the U.S. economy continues to operate, the unemployment situation in the nation is still a giant area of concern. When unemployment hits 10 percent, economic heads explode. When it stays that way, it could be disastrous.

    So while the recently passed “Jobs Bill” may seem like a nice addition to the battle for employment, U.S. politicos have yet to propose the only plan that could conceivably put the U.S. back on top.

    It’s time to bring back slavery.


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