Congrats to Barack Obama…  At the turn of the last century, President Teddy Roosevelt invited  Booker T. Washington to the White House for dinner.  The next day editorialists across America were howling with rage that a black man was seated at the President’s table and Teddy never did it again… One hundred years ago….

Praise the little people, NOT: Michael Tomasky reminds us in a New York Review of Books (June 12) review that John McCain "is famous throughout his home state as someone who studiously avoids mixing with the little people," (quoting Matt Welch, McCain: The Myth of a Maverick).

Heeeeeeeeere’s Johnnie!  and 14 other rooms, all for sale via the foreclosure of Ed McMahon’s Beverly Hills home.  Mortgage is in default for the former Tonight Show sidekick. 

Fox in the defaulting hen house… Settlements rumored for the three major bond-rating companies that did their part to dump subprime mortgages on the investing public…  They placed stamps of approval on the shaky deals, all the while getting paid by the very entities being rated!  Sweet! One bond-rater, Moody’s, is owned 20% by Omaha Oracle Warren Buffett and his Berkeshire Hathaway juggernaut…  Buffett could not be reached for comment; according to NYTimes, he’s been shopping for companies to buy in Europe…. 

Mark it down: September 23, NYC’s Radio City Music Hall:   Rudy Giuliani headlines an all-star cast in the epic hit "World Business Forum" – "global icons debate the most pressing issues in business and politics" .. He got the homeless off the streets of NY; now he just needs to clear the two billion others scrambling amidst rising food prices, structural unemployment, destructive farm subsidies and government corruption….

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