Meg Whitman still way ahead of Poizner in Cali Gov primary race…
Another one who may not be as red as the right may like, but who can beat the Dem. And Jerry Brown needs to be beaten like a rug on a clothesline.
Even Axelrasputin has embraced Rahm’s policy of recruiting conservaDems to try and hold seats, the GOP needs to win the battle so we can fight the war and restore the economy from 2010 to 2012, or at least hold the line on the destruction the Democratic spending tsunami has wrought.
A new Public Policy Polling survey in California shows Meg Whitman (R) with a big lead over over Steve Poizner (R) in the Republican primary for governor, 51% to 26%.
One poll showed the race tightening a couple weeks ago, but it appears to have been an outlier.
FINREG: Scott Brown had it right, Barney Frank is already gutting the derivatives regs…
Knew this was coming, and so did Scott Brown, thus his cloture vote to end debate. The GOP pundits (I mean you AllahPundit!) who were bashing him will owe him an apology when the Cmte releases the final bill and it has no teeth on derivatives..
Anywho, Scott Brown voted for cloture b/c Reid and Frank TOLD HIM the derivatives killing language would be stripped, and it will.
House Financial Services Committee Chairman Barney Frank (D., Mass.) on Tuesday said the White House’s proposal to stop banks from certain risky trading practices would “very likely” be in the final financial overhaul, but he said a separate provision to force banks to spin off their derivatives businesses “goes too far.”..
…Mr. Frank’s opposition to the derivatives spin-off proposal, which has been championed by Senate Agriculture Committee Chairman Blanche Lincoln (D., Ark.), raises the chances that this provision will likely be altered or stripped out completely because Mr. Frank’s comments on it were pointed.
“Banks ought to be able to hedge their own risks,” Mr. Frank said. He said banks would be prohibited from overly risky derivatives activities by the Volcker Rule and that the separate provision wouldn’t be necessary.
“I don’t see the need for a separate rule regarding derivatives because the restriction on banks engaging in proprietary activities would apply to derivatives as well as everything else,” Mr. Frank said.
He said banks would be able to do derivatives under the rules established by the bill “for their own commercial risk or their customers, but they will not be able to run separate profit centers where they trade them.”…
As oil gushes, NOKO sinks ships, Iran ignores us and Euro zone economies collapse, Dems keep spending and Obama approval index hits new lows…
…and that’s a feature, not a bug…everyone can see the EPIC fail..
Rasmussen:
…Most Americans have “come to believe that the political system is broken, that most politicians are corrupt, and that neither major political party has the answers,” observes Scott Rasmussen. Just 27% believe Congress knows what it’s doing when it comes to the economy and 41% say that a group of people randomly selected from the phone book would do a better job than the current Congress. In his new book, Scott adds, “Some of us are ready to give up and some of us are ready to scream a little louder. But all of us believe we can do better.”…
Market: Shaken not stirred- DOW opens down 280
Update: Market miraculously* came back to close down a mere 25. this was only a test of the emergency Plunge Protection Team, -for now- who knows when TPTB will let the markets fall? the Shadow Inventory knows, Muuhuuuuhaaaaaaa!
Shellacked, that’s what’s happenin’ to folks still in, gettin shellacked..CNBC cohosts want us to know it has ‘stabilized;’ ROTFLMAO and is now down a mere 205, nincompoops! Sell in May, go away, far, far, away!
52 mins to the close of Euro markets. FHFA claims home prices are up, take that with a load of salt before the Feds confiscate it, Consumer Confidence is up, lol, and we are selling off anyway. No data is believable anymore.I don’t care anymore if TPTB are trying to scare Critters in FINREG conference or if Euro markets are taking us down, we retail investors are allllready gone!
Gee maybe some of us think the Critters and their proposed 165B bailout of union pensions and 200b bailout of teachers and states is DRAGGING US OFF A DAMN CLIFF!!
PS Gold is back at 1200….Oil back under 69 and 10 yr is all the way down to the 08 yield at crisis levels – 3.15%
Hang on Sloopy.
True Blood – hidden Sookie and Eric clip from last night’s LOST…
yay!
Courtesy of HBO and MTV:
The new “True Blood” trailer that aired during last night’s epic “Lost” finale wasn’t just badass because of how much action we saw, there was also a special QR code hidden in it that linked to a new clip. The code flashed on the screen so fast, we had to go back and pause and play in slow motion for a good five minutes to get our phone to accurately take a photo (not a problem when Joe Manganiello‘s face is involved), but in the end, it was TOTALLY WORTH SEEING….
Jimmy Kimmel: LOST Alternate Endings…
h/t THR Live Feed
Carlton Cuse and Damon Lindeloff have earned my loyalty with the ending they gave us last night. BSG writers OTOH can see from the fail that is Caprica that they left us fans twisting and we returned the favor.
Economy: Hillary stresses importance of US Exports in Shanghai
Update: Politico has a headline piece up on what they call the Gates-Clinton Axis:
ginaswo
