Expect continued firestorms as Andrew Cuomo releases not just the letter but the names of those who received bonuses. The White House-Chris Dodd finger pointing will continue and Rush will schizophrenically echo Larry Summers' quote that we have to honor contracts while trying to pound the administration into oblivion.
Queenie begged for insurrection and here it comes: we'll see continued (organized) outrage around the country tied to The Bonuses. Man those barricades!! We mean, it sounds fun and all (our Culture Minister had a great time down at 2020 K Street yesterday):
BUT what we NEED are real arguments from credible people about what's really wrong with the system. C'mon, people, step up.
Inside the beltway alert! Conservative blue dog Dems decided to join together to fight hope and change -- no climate, no budget, no nothin'.
As hard as the Prez is trying to make food safety an agenda item, we'll only see limited stories about Michelle's victory garden and the restructuring of the FDA. Expect print pieces deep in the interior of the paper. Unless there's another food recall, no room in wall-to-wall AIG outrage for TV or Internet attention.
The Dow keeps coming and going, just like spring. Rain one day, crocuses the next. We predict spring will come (it's, allegedly, here to stay today) and the Dow will go.
It's March Madness and, um... yay? We're not really into this whole bracketing-thing but plenty of other people are. What are your picks? Leave your predictions in the comments and help us sound like we know what the hell we're talking about. (Btw, Queenie was friends with Michael Jordan at Chapel Hill... uh, is he still playing?)
The Week That Was
In all the hysteria and handwringing about that little AIG snafu, it's hard to connect the dots between who knew what and when and how. Does anybody believe that the WH and Geithner didn't know, or that Dodd didn't remember? No matter what the Dem involvement, the left is doing a good job of painting Repubs as the bad guys and counting their votes against tax penalties on the bonuses.
Speaking of hysteria... NO ONE does it better than the cablenets. If you never click on anything else, you HAVE to click on this.
Media really is dead, my darlings! The Obama girls' spring break prevented the Prez from attending the august Gridiron Dinner. Put your white tie away, dear columnists, and start begging sad flacks to pay you to write blog posts.
Other important news you should Google (but probably won't)! The developing world is going under, too! (Like, duh.) MSM isn't telling us about the cascading effect of economic meltdown & debt on third-world economies. You're only gonna read about it on obscure blogs. (Funny, prominent columnists like Tom Friedman covered the crushing burden of third world debt diligently in the '80s -- where are they now?)
Sadly, we don't read legislation either, nor do we fully read all the online activist emails that we forward to our Congressfolk. But this time there's plenty to be alarmed about -- corporate America is taking over the Internet! Imagine. Look, if you're not gonna Google third-world economies, at least find out why we need to keep the Internet free -- so you pretend to Google them later.
You may not see much about this in the MSM, but there's an ambitious move afoot to make government completely transparent. The Ellen Miller Sunlight Foundation received a million quadrillion dollar grant (no, not bailout money), but she would like to know why the legislators didn't READ the bailout legislation. And our friends at TechPresident have launched a new Ask the President site & Twitterstream. This is a convo that will stay online; we won't see much of it above ground.
Obama was on Leno! For 23 whole minutes! The Special Olympics thing was cringeworthy, but the rest wasn't bad. What do you think, though - was this Obama-the-Brilliant-Campaigner trying to distract us, or was this a good move?
Expect confirmation that there is no Web2.0 relationship between corporate Facebook and its users. As revolution mounts against the new FB layout, you'll see NO changes. Just like last time. Don't get duped by anyone saying you'll have to pay for your accounts anytime soon. (If you did already, sorry we couldn't warn you sooner! But you should know better. Really.)
In Memoriam Ad Nauseum
The Seattle P.I. went to digital-only format this week, and the Legal Times bit the dust. Play taps, my dears... yet another legendary newspaper runs into the buzzsaw of the future. We're mourning these losses and, at the same time, wondering even more about the future of journalism, period. Wonder why we used "Google" as a verb, like, four times this issue? No? Here's your answer.
TR central wins EXTREMELY PRESTIGIOUS marketing award! From Seth Godin? From Guy Kawasaki? Alas, dear readers, no: from Constant Contact, in a marketing bid to get us to put their logo on our website. Well, here.
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Enjoy the sun this weekend!