Author: Stable Genius

I am the very model of a Stable Genius Liberal.

Goldman Sachs Finally Admits it Defrauded Investors During the Financial Crisis

Goldman Sachs Finally Admits it Defrauded Investors During the Financial Crisis

This resolution holds Goldman Sachs accountable for its serious misconduct in falsely assuring investors that securities it sold were backed by sound mortgages, when it knew that they were full of mortgages that were likely to fail

The real story here is that Goldman can no longer get away with paying a fine while admitting to no wrong doing.

Was it wrong to hack and leak the Panama Papers? – Marginal REVOLUTION

Was it wrong to hack and leak the Panama Papers? – Marginal REVOLUTION

I normally like Tyler Cowen, even when I disagree with him, but this is the worst argument I’ve seen in a while. The outrage about the Panama Papers is about the hypocrisy and not the money. It’s being covered exactly the same way a sex scandal by a family values candidate would be covered.

Urban poor are parasites who need personal responsibility, Trump fans are victims of economic forces.

Journalists found that in the counties where Trump is most dominant, there are large numbers of white high school dropouts, and unemployed people no longer looking for work. An alliance with the incoherent personality cult of Donald Trump’s candidacy correlates strongly with failure to obtain a high school diploma, and withdrawal from the labor force.… Continue reading Urban poor are parasites who need personal responsibility, Trump fans are victims of economic forces.

Kansas Republicans Finally Admit That Their Tax Cuts For The Wealthy Have Failed

We hoped they would just be a magic lantern and everybody would react to it. But, eh, it’s hard to get a company to uproot their business when they’re established and move to another place just because of this difference in tax policy. (via Kansas Republicans Finally Admit That Their Tax Cuts For The Wealthy… Continue reading Kansas Republicans Finally Admit That Their Tax Cuts For The Wealthy Have Failed

President Obama’s brutal assessment of the rise of Donald Trump

What is happening in this primary is just a distillation of what’s been happening inside their party for more than a decade. I mean, the reason that many of their voters are responding is because this is what’s been fed through the messages they’ve been sending for a long time — that you just make… Continue reading President Obama’s brutal assessment of the rise of Donald Trump

Breitbart spokesman quits over Trump incident

Breitbart spokesman quits over Trump incident

“My own personal observation is that there is a cycle of behavior that is escalating and it’s happening exclusively at Donald Trump events,” he said in the statement. “It is wrong, disgusting and indicative of an ugliness that is contaminating the public and political discourse in our country. Life is too short to invest your time in things you don’t believe and aren’t passionate about. That is why I made the decision to resign from representing Breitbart.“