Ignatieff will Support Tory Budget

@thecbc – “Ignatieff puts Tories ‘on probation’ with budget demand” http://bit.ly/NdO2C

New coalition is Harper & Ignatieff. NDP and Bloc Q. are left standing at altar by new Liberal leader.

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Torys Fate in Hands of Ignatieff

@torontostar – “Government’s fate now rests with Ignatieff who says he is concerned the Harper government has underestimated the economic crisis” http://bit.ly/1tvX5i

PETA Ad Too Hot For Super Bowl

 “PETA’s ad— beauties who r powerless to resist the temptation of veggie love—was deemed too hot for the Super Bowl. ” http://bit.ly/nF11

WMG, Be Afraid, Be Very Afraid

It hard to imagine what genius at WMG decided to mess with YouTube; but it has incurred the wrath of millions and created an army of avenging angels. Here is their leader:

Progressive New York

“we will support a progressive challenger for the Democratic nomination in the 2010 Senate primary in New York State”

http://bit.ly/10U7e

Bruno Faces Mail and Wire Fraud Charges

Breaking News Alert
The New York Times
Friday, January 23, 2009 — 1:48 PM ET
—–

A federal grand jury has indicted Joseph L. Bruno, the former
New York Senate majority leader, on eight counts, including
mail and wire fraud.

Read More:
http://www.nytimes.com/?emc=na

NY Times (Carter Dougherty): Sweden’s Fix for Banks: Nationalize Them

NY Times (Carter Dougherty): Sweden’s Fix for Banks: Nationalize Them

The Swedes have a simple message to the Americans: Bite the bullet and nationalize. Officials in Washington are trying to figure out how to shore up American banks that once ruled the financial world but now seem to weaken by the day, despite receiving hundreds of billions of dollars in government aid. With Sweden’s banks effectively bankrupt in the early 1990s, a center-right government pulled off a rapid recovery that led to taxpayers making money in the long run. Former government officials in Sweden, many of whom come from the market-oriented end of the political spectrum, say the only way to solve the crisis in the United States is for the government to be prepared to temporarily take full ownership of the banks. Sweden placed its banks with troubled assets into a so-called bad bank, where they could be held and then sold over time when market and economic conditions improved. In the meantime, it used taxpayer money to provide enough capital to allow banks to resume normal lending. In the process, Sweden wiped out existing shareholders.