Find Out Where Your Money Goes! | An Occasional Series

I hear nonstop bitching from Democrats and Republicans and Independents about where all the bailout (or stimulus) money is going. This is one of those times in life where the more educated about reality you are, the better.

Click here to be taken to a map that shows which banks received TARP money. This is from the government website http://www.financialstability.gov. At whim or random, we will keep putting information from this site out because it’s important stuff. But really, you should become familiar with it so you at least know what the facts are (or ‘facts’ are, depending 0n your political affiliation).

You know how to tell when a politician is lying, right?

Joe the Plumber Acknowledges His Role as Tool | The Hill’s Blog Briefing Room

“McCain was trying to use me,” Wurzelbacher said, according to public radio correspondent Scott Detrow. “I happened to be the face of middle Americans. It was a ploy.”

“I don’t owe him s—,”

What a Loser.

The comments are hysterical. One commenter notes: “As Bugs Bunny would say: ‘What a maroon!’ It took this caveman almost TWO YEARS to figure out he was being used by John McCain and Sarah Palin to portray middle America?Du-uh!He’s so dumb he shouldn’t be let out of his own house onto the street without permission!

Euro Area Headed for Break-Up, SocGen’s Edwards Says (Update2) – BusinessWeek

More fallout from the Greece situation:

Tommaso Padoa-Schioppa, a former European Central Bank executive board member and Italian finance minister, said today there was no possibility of a partition of the euro-zone.

“I don’t think there is any prospect for such an event and I don’t think it makes much sense to talk about it,” he said in an interview on Bloomberg Television.

Read Article.

Adult Swim | All the Dirty Details on BigLaw Life | Sweet Hot Justice

I was an accidental fan of ‘Sex in the City’. I would frequently fly to client locations on Sunday so I could be present on Monday morning. For years it seemed like I would arrive in my hotel room around the starting time for the show. I would unpack with it on and after a while it grew on me.

‘Sweet Hot Justice’ is a blog about being an associate lawyer in a high power, top tier law firm. It’s ‘Sex in the City’ on steroids. It has some amazing stories, some sad stories and a whole lot of truth about what it’s like to work in a big partnership firm. It’s pretty cynical and maybe not safe for work, but it’s funnier than hell and the real deal.

MUST READING FOR ALL THOSE WHO WANT TO BE BIG CITY LAWYERS.

Check It Out.

Europe Risks Another Global Depression | The Baseline Scenario

You may or may not be aware, but Greece is on the edge of a complete economic collapse. The problem is that the more prosperous European Union countries don’t want to ride to the rescue of their unfortunate neighbors:

But the Europeans are not being careful – and it’s not just about Greece any more. Worries about government debt and associated public sector liabilities (e.g., because banking systems are in deep trouble) have spread through the eurozone to Spain and Portugal. Ireland and Italy are next up for hostile reconsideration by the markets, and the UK may not be far behind.

Read Post.