A little travelin’ music from down Texas way
We went to see Jeff Bridges in the movie “Crazy Heart” a few weeks ago, and it was excellent. And all the time I was watching it, I was thinking of the late Townes Van Zandt. The Bridges’ character, known as Bad Blake, had a lot of Townes in him, as did his music.
But of course, since this was Hollywood, Bad Blake by the end became Good Blake and survived his sins and excesses. Townes did not.
The truth is, Townes was a great picker and songwriter but not that great a singer. At best he could often make a virtue of his limitations. So here’s an interesting version of his most famous song, performed by a couple of other pickers who also reap virtue from their limitations.
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788 comments Add your comment
RW-(the original)
March 27th, 2010
2:43 pm
The Friday data dump is a joke. No wonder they waited til everyone was headed out of town to dump it.
Dusty
March 27th, 2010
3:13 pm
RW,
I’ve been a bit out of touch here for a few days. What data dump? Who did it?
Scout
March 27th, 2010
3:21 pm
Matilda:
Well, I’m afraid you’ll just have to get used to it as there are rude, crass, disrespectful people on both sides. Free speech is not always pretty but it is protected. Even Jesus called the religious rulers of His day ……….. vipers ! Sometimes the truth hurts.
BTW, conservatives have dealt with that type of rudeness from the liberal side for at least since the hyppie dyppie days …………….. Personally, I like to see civil debate but strong satire and hyperbole is fair game and I will continue to use it verbally (just like Luckovich does with his cartoons).
“Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue.”
Barry Goldwater
“Marines – standby to repel boarders !”
Scout
March 27th, 2010
3:23 pm
P.S. to Matilda:
I am so glad you are now “armed”. I hope it’s a large enough caliber and that you practice often and carry always. Remember, if you carry it everyday of you life except the day you need it, you carried it for nothing !!
getalife
March 27th, 2010
4:00 pm
“A Nevada asphalt contractor who is running under the Tea Party of Nevada banner to unseat Senate Majority Leader Harry Reid has been hit with felony theft and bad check charges in Las Vegas.”
Geez.
getalife
March 27th, 2010
4:12 pm
“Obama Recess Appoints 15 Top Officials, End-Running GOP Obstruction.”
Spine.
Rahm is winning the arguments.
The gop will continue to say stupid things to bow down to the tea party and Obama will continue to mock them.
TaxPayer
March 27th, 2010
4:13 pm
“The United States Senate has the responsibility to approve or disapprove of my nominees. But if, in the interest of scoring political points, Republicans in the Senate refuse to exercise that responsibility, I must act in the interest of the American people and exercise my authority to fill these positions on an interim basis,” Obama said in a statement.
“Most of the men and women whose appointments I am announcing today were approved by Senate committees months ago, yet still await a vote of the Senate. At a time of economic emergency, two top appointees to the Department of Treasury have been held up for nearly six months. I simply cannot allow partisan politics to stand in the way of the basic functioning of government.”
Good show. It is way past time to start putting the Republican obstructionists in their proper place — at the children’s table.
TaxPayer
March 27th, 2010
4:19 pm
In the early 1970s, President Richard Nixon favored a mandate that employers provide insurance. In the 1990s, the Heritage Foundation, a conservative think tank, embraced an individual requirement. Not anymore
What is this! Even the Heritage Foundation wanted a mandate requiring individuals to have health insurance. The fainting couch is going to need a lot of pillows for this one. The shock. The awe. The horror of it all!
RW-(the original)
March 27th, 2010
4:45 pm
Dusty,
Sorry, I was heading out when I posted that. This time it was the Justice Department.
josef nix
March 27th, 2010
5:04 pm
Looks like a slow day on the blog. I got out and rejoiced in the day and was happy and glad in it…
Jackie
March 27th, 2010
5:21 pm
Repubs are not examples of profiles in political courage.
They obstruct and cause more harm to the country than is imagined because they know they have support from their constituents.
How many believe Senators DeMint (R-SC) or Coburn (R-OK) are stellar examples of American values?
Sadly, the above examples are just two of the many Senators with the same affliction.
jt
March 27th, 2010
5:50 pm
Yep,
If more Americans were just like Charlie Rangel, it would be better.
Or Barney “brothel in the basement” Franks.
jt
March 27th, 2010
5:52 pm
” About 35 Reid supporters had lined Highway 95 in front of the Nugget Casino in Searchlight where they were attempting a counter-demonstration the tens of thousands of tea party supporters who are gathering for the “Showdown in Searchlight.””
35 Reid supporters?
I wonder how much that pays?
jt
March 27th, 2010
5:57 pm
If only we ALL had these values of Democrats.
http://afrocityblog.files.wordpress.com/2009/04/code_pink_murder.jpg
jt
March 27th, 2010
5:57 pm
Another Democrat
http://bunkerville.files.wordpress.com/2009/10/codepink_fat_lady.jpg
Normal
March 27th, 2010
6:04 pm
Josef,
We went out and celebrated the day too. Went, as I believe you say, rag saling…I found a Rebel and Yankee salt and pepper shaker set, but I can’t figure out which one to puit the pepper in…:)
DoggoneGA
March 27th, 2010
6:07 pm
I was outside most of today too. Spent $500 getting my van fixed up, which meant I had to take advantage of the nice day and put everything back in it!
Midori
March 27th, 2010
6:08 pm
and JT – for every democrat you portray in an unflattering light, there are 10 republicans who do so equally.
just thought I’d throw that out there.
jt
March 27th, 2010
6:13 pm
Midori
You are correct ma’am.
Just pointing out the foolishness of partisonship. Blind party faithfulness to the R & D party is not good for our country.
I’m out.
jt
March 27th, 2010
6:14 pm
And I don’t agree with your 10-1 ratio. I believe 1-1.5 in favor of the repubs.
Scout
March 27th, 2010
6:20 pm
Normal:
That’s easy:
Yankee – Salt
Rebel – Pepper
I Report (-: You Whine )-: Impeach Drunken Fool obozo! Just sayin...
March 27th, 2010
6:27 pm
About 7,000 people streamed into tiny Searchlight, a former mining town 60 miles south of Las Vegas, bringing American flags, “Don’t Tread on Me” signs and outspoken anger toward Reid, President Barack Obama and the health care overhaul.
Palin told them the big-government, big-debt spending spree of the Senate majority leader, Obama and House Speaker Nancy Pelosi is over.
“You’re fired!” Palin said.
Yeah, go back to Russia where you came from, you socialist whackjobs.
I Report (-: You Whine )-: Impeach Drunken Fool obozo! Just sayin...
March 27th, 2010
6:39 pm
Approval/disapproval gap starting to widen again on health spending bill…
http://www.pollster.com/polls/us/healthplan.php
The more they know, the more they hate it, just sayin….
Scout
March 27th, 2010
6:39 pm
“Life Saving of the Year Award”
This will bring a tear to your eye. Where do we find the kind of people with this bravery ?
http://cbs3.com/topstories/Police.Drunk.Pennsylvania.2.1592202.html
josef nix
March 27th, 2010
6:40 pm
“Yeah, go back to Russia where you came from, you socialist whackjobs.”
So Sarah can keep an eye on you from the front porch…
NORMAL–
I do trust you’re not gonna put ‘em on the same table…
AND
What does it matter which party the miscreant belongs to? I don’t think either one has any more or less of such than the other since as far as I’m concerned, it’s pretty much to the percentile saturation in both. It’s Paracelsus’ two wh*res discussing chastity…
Midori
March 27th, 2010
6:40 pm
Great Statement from Reid about Teabagger Rally in his Hometown:
CNN just reported Reid made a statement saying he was grateful to all those who came to Searchlight to spend their money cause the economy there needs it but the election will be decided by locals and not those who parachute in for a day.
guess those tea sagging idiots are good for **something**
Out of 500 slaveowners polled
March 27th, 2010
6:44 pm
Yankee – Salt
Rebel – Pepper
Scout
March 27th, 2010
6:50 pm
Out of 500 slaveowners polled:
The only “slaveowners” out there now are politicians in the federal government.
Scout
March 27th, 2010
6:52 pm
Matilda:
Headline: “‘WE’RE NOT GOING TO SIT DOWN AND SHUT UP”
http://apnews.myway.com/article/20100327/D9EN6SB80.html
The genie is out of the bottle ………………………
AmVet
March 27th, 2010
6:52 pm
josef, did you see my quote yesterday?
“Fighting for peace is like screwing for virginity.” ~George Carlin
As for whether the Tweedle Dee or the Tweedle Dum Party is “more corrupt”, even an avid baseball statistics junkie would be hard pressed to figure that one. But, but if there ever was a political equivalent of the 1962 Mets, it would have to be the 2006 GOP…
I Report (-: You Whine )-: Impeach Drunken Fool obozo! Just sayin...
March 27th, 2010
6:54 pm
What a topsy turvy world we live in, when governed by a third world savage-
Mr. Allawi galvanized the votes of millions of Sunnis — who boycotted the last parliamentary elections in 2005 — to build his edge of 91 to 89 seats over his nearest rival, Mr. Maliki.
The Iraqis reject Iran and our “president” becomes Iran’s stooge, aahhh, what more do you need to know?
getalife
March 27th, 2010
6:56 pm
“US Set To Make $8 Billion Profit From Citigroup Bailout”
Somebody is on a roll.
Scout
March 27th, 2010
6:58 pm
Headline: “Judge Napolitano: Supreme Court to Strike Down Obamacare”
” …………… The president who had the least fidelity to the Constitution was Abraham Lincoln, who waged war on half the country, even though there’s obviously no authority for that, a war that killed nearly 700,000 people. President Obama is close to that end of lacking fidelity to the Constitution. He wants to outdo his hero FDR.”
http://newsmax.com/Headline/Andrew-Napolitano-barack-obama/2010/03/26/id/354008
I Report (-: You Whine )-: Impeach Drunken Fool obozo! Just sayin...
March 27th, 2010
7:02 pm
Perhaps that explains why the Administration is now so touchy. Commerce Secretary Gary Locke took to the White House blog to write that while ObamaCare is great for business, “In the last few days, though, we have seen a couple of companies imply that reform will raise costs for them.” In a Thursday interview on CNBC, Mr. Locke said “for them to come out, I think is premature and irresponsible.”
Look dude, this is pretty simple to understand, you are a communist wanna be that has never run a successful business in your entire career, and the people that have run businesses laugh in your face and write their profits by the Billions.
So, the question remains, are you socialists deeply stupid people or are you purposefully trying to destroy the United States?
I’ll hang up and wait for my answer.
Hillbilly Deluxe
March 27th, 2010
7:03 pm
Enter your comments here
Hillbilly Deluxe
March 27th, 2010
7:05 pm
Oops.
I spent the day outside. Sure was nice. Just me and the sunshine, not a wingnut or a moonbat in sight.
I Report (-: You Whine )-: Impeach Drunken Fool obozo! Just sayin...
March 27th, 2010
7:05 pm
gitmo- um, that 8 Billion and several hundreds of Billions more were taken from the taxpayer’s/ productive class of the United States, and you may have missed it, but the economy had a total meltdown and lost Trillions of wealth.
Do tell us, how much did the socialists earn?
josef nix
March 27th, 2010
7:05 pm
AmVet–
I had never heard that one! I’m now 100% behind virginity…
There’s your cue card, IR/YW
POLLED–
Uh, how many of that 500 wore blue? How many in gray wouldn’t fit your sampling…your poll’s a bit skewed…
AmVet
March 27th, 2010
7:07 pm
HD, I got out some today but was pretty much being a good little capitalist indoors. (One of the “joys” of being self-employed.)
Speaking of those unlovable Mets, doncha just love the name of that ballpark they play in?
Citi Field.
WOO HOO!
Can you imagine walking into a place of worship, a baseball stadium, and being repulsed at the fact that it is named after one of the very most scandal-ridden, “toxic” companies in the entire history of the Unites States of America?
What a bunch of new-age bums…
josef nix
March 27th, 2010
7:10 pm
Scout.. @ 6:39
Brought a tear to my eye… !
Hillbilly–
Didn’t see or hear any on my day out…come to think of it, no possums either…
josef nix
March 27th, 2010
7:13 pm
AmVet
Our Lady of General Motors?
Beth AIG?
Hillbilly Deluxe
March 27th, 2010
7:19 pm
AmVet
I just can’t get used to the corporate names on ballparks. I guess it holds down ticket prices but it just doesn’t seem to fit the spirit of the game to me.
Josef, Scout
In my view, anybody who gives mouth-to-mouth to a possum, living or deceased, has got more prroblems than just alcohol………….
Which reminds me, an ‘ol boy I used to work with, got stopped somewhere out in the middle of nowhere, in the wee hours once. The officer asked if he’d been drinking. “No sir, I’m drunk” was his reply. On the bright side, he didn’t have to hunt a place to spend the night.
josef nix
March 27th, 2010
7:24 pm
Hillbilly
Red Skelton used to tell one about the patrolman who followed this fellow for several miles watching in amazement as he complied with all the traffic rules. He was so impressed he stopped him to compliment him. “Well, ossifer,” the driver replied, “when you’re as drunk as I am, you have to drive careful.”
getalife
March 27th, 2010
7:26 pm
Andy,
Well, they could hold that stock and tell Citi to go back to business as usual and then sell it.
But they want Citi to be free of government help.
TaxPayer
March 27th, 2010
7:27 pm
Obama is expected to sign the education bill into law Tuesday.
“This reform of the federal student loan programs will save taxpayers $68 billion over the next decade,” Obama said in his weekly Internet and radio address Saturday. “And with this legislation, we’re putting that money to use achieving a goal I set for America: By the end of this decade, we will once again have the highest proportion of college graduates in the world.”
So much for those prospects of increasing the Republican/conservative base. Another GOP dream trickled down the drain. The GOP will have to be content with tea partiers as their loyal base. Grumpy Old Poohs… salty dawgs.
You been drankin'
March 27th, 2010
7:30 pm
No Sir, Ossifer! It’s aginst the law to drank and drive. I always pulls over and comes to a complete stop first.
josef nix
March 27th, 2010
7:32 pm
So, we’ll have the highest proportion of college graduates. What about plumbers, carpenters, mechanics and such assorted other skilled trades? How much of that is going to training them? I’m more concerned about this being an elitist measure which, unless we do something and do something post-haste about creating jobs simply means that instead of BA to sling burgers, it’ll soon require at least an MBA…
getalife
March 27th, 2010
7:35 pm
They cut out the middle man (Banks) on that deal.
AmVet
March 27th, 2010
7:39 pm
Hillbilly, amen brother. Pretty soon the World Series trophy will have a Coca-Cola logo on it…
getalife, that reminds me of a motto I always wanted to have, “We screw you, so the middle man doesn’t have to!”
I Report (-: You Whine )-: Impeach Drunken Fool obozo! Just sayin...
March 27th, 2010
7:40 pm
It stirs in my heart once again, as it always does, the renewal of the Promise, the undeniable love my Savior has for me, for I do not have faith in the piddling things of this world, I do not covet nor do I lavish myself in greed, no, I shall forever do His Will, for the rewards and bounties are more then any silly socialist can ever even imagine-
http://www.youtube.com/watch?v=zYE3sISvbOQ
Holy Week is upon us!
Yes!
TaxPayer
March 27th, 2010
7:40 pm
And here I was focusing on all those taxpayer dollars being saved, regardless of the form of education being sought. Silly me.
Pied Pauper
March 27th, 2010
7:42 pm
It stirs in my heart once again, as it always does, the renewal of the Promise, the undeniable love my Savior has for me, for I do not have faith in the piddling things of this world, I do not covet nor do I lavish myself in greed, no, I shall forever do His Will, for the rewards and bounties are more then any silly socialist can ever even imagine
Now give me my tax break so I can set about doing the lord’s work.
josef nix
March 27th, 2010
7:44 pm
IR/YW
And a Happy Easter to you and yours. Enjoy. I’ll be over there in the corner gnawing on an old nasty matzoh.
getalife
March 27th, 2010
7:46 pm
Speaking of Holy.
Deaf kids.
Come on.
getalife
March 27th, 2010
7:53 pm
Is the Pope going to resign?
I Report (-: You Whine )-: Impeach Drunken Fool obozo! Just sayin...
March 27th, 2010
7:53 pm
Up from the grave He arose
With a might triumph o’er His foes!
We always win, just sayin….
I Report (-: You Whine )-: Impeach Drunken Fool obozo! Just sayin...
March 27th, 2010
7:55 pm
gitmo- Catholics vote overwhelmingly in favor of the dummycrats, same as the Jews do, just sayin…
You know what I mean?
getalife
March 27th, 2010
7:57 pm
Andy,
The Catholics I know are drunk cons.
Just sayin.
Mark Sanford
March 27th, 2010
8:05 pm
Those no good cheating Catholics. They could stand to learn a thing or two.
God
March 27th, 2010
8:06 pm
Andy is a Christian and I’m, well, you know.
getalife
March 27th, 2010
8:08 pm
That exorcist might be right.
The devil is at play.
Pray harder Andy.
josef nix
March 27th, 2010
8:09 pm
Most of the Catholics I know are fine people. So are most of the Jews, Protestants, Buddhists, Muslims, Sikhs, Hindus, Jains, Bahai’i…and what have you…
I Report (-: You Whine )-: Impeach Drunken Fool obozo! Just sayin...
March 27th, 2010
8:24 pm
Oh yeah, Catholics vote for democrats and molest children, gitmo calls them “Cons,” hahahahahaha, what ever.
Passin' Time
March 27th, 2010
8:24 pm
Breath! Darn you! Breath! I say!
josef nix
March 27th, 2010
8:34 pm
Scout, Hillbilly, Passin’ Time, et al…
That one has struck the funny bone for real…it’s already been sent me three times on e-mail…
Hillbilly Deluxe
March 27th, 2010
8:44 pm
Josef
I’m not going to go out of my way to hurt a possum but if he’s dependin’ on me for mouth to mouth he better be……..
http://www.youtube.com/watch?v=Lhpz2H7AUoQ&feature=related
josef nix
March 27th, 2010
8:53 pm
Hillbilly
great link! Thought of this one for, well, not the possum!
http://www.youtube.com/watch?v=6DGuG5O8X6A&feature=related
Hillbilly Deluxe
March 27th, 2010
8:56 pm
Josef
Good song and good message to.
josef nix
March 27th, 2010
9:04 pm
Hillbilly–
It’s always been one of mine when dealing with those who claim to have a patent on the truth. I do tend to get a bit too introspective this time of year. Historically speaking, it’s not always been a time of peace and brotherhood from those who would pervert the words of the Christ.
Hillbilly Deluxe
March 27th, 2010
9:05 pm
For the possum in question,
http://www.youtube.com/watch?v=X_EPEOKDlfo&feature=related
Hillbilly Deluxe
March 27th, 2010
9:09 pm
Josef
As we’ve discussed before, it’s not for us to judge each other. We all have a tendency to lean that way sometimes but we have no say in who goes and who don’t, only ourselves. And when each person stands in judgement, money, fame, whatever, none of that stuff can help and nobody else can either. I’m sure you’ve heard the old saying, “You can’t pray nobody into Heaven”. They have to get there on their own in my view.
Scout
March 27th, 2010
9:13 pm
getalife:
No, the Pope won’t resign ……… never ………. but he can be “impreaced”. Get it? Impreaced!
Note: As a “Pro-tes-tant”, I have very little patience with the Roman Catholic Church on one end or the “snake handling/poison drinking” penecostals on the other end.
I think both are failing the cause of Christ miserably.
josef nix
March 27th, 2010
9:13 pm
Hillbilly–
I really like that Vince Gill
As for our possum friend, he can at least be grateful he wasn’t a…
http://www.youtube.com/watch?v=yuY44PHC0wI
Del
March 27th, 2010
9:14 pm
Been just enjoying the day. We bought our little girl a play ground set for the back yard and she’s really excited. Hope everyone is having a great day too. Well a block buster movie and then Taps. Gnight y’all.
I Report (-: You Whine )-: Impeach Drunken Fool obozo! Just sayin...
March 27th, 2010
9:17 pm
Our “president” needs to repent, that’s for damn sure.
I pray for his stupid socialist soul, yes, it is a futile exercise, I know.
Hillbilly Deluxe
March 27th, 2010
9:19 pm
Been a long time since I heard Dead Skunk. Always like that song cause it strayed from the norm.
Scout
March 27th, 2010
9:24 pm
Hillbilly:
Check this old one out and just watch Patty’s eyes …………. what do you see ? I guess Vince was already “taken” then.
http://www.youtube.com/watch?v=GPcTzwdWeeA
josef nix
March 27th, 2010
9:26 pm
“I pray for his stupid socialist soul, yes, it is a futile exercise, I know.”
If my faith were no stronger than that, I’d question either my religion or my dedication thereto…
I Report (-: You Whine )-: Impeach Drunken Fool obozo! Just sayin...
March 27th, 2010
9:30 pm
yosef- obozo is evil incarnate, just sayin..
Even Satan challenged the Lord, hah, but he lost.
Sure as obozo will….
Hillbilly Deluxe
March 27th, 2010
9:36 pm
Scout
That’s one of my favorite songs by Vince. I don’t remember for sure but I think they were both married at that time. I’d never try to guess what anybody is thinking but it could be pretty innocent. They seldom performed that song live together, so could be she was watching him to make sure she came in right. Harmony singers often do that. The only people I can think of off the top of my head, who could sing perfect harmonies and never look at each other were Buck Owens and Don Rich.
Midori
March 27th, 2010
9:39 pm
Andy,
I, as do I’m quite sure President Obama, am thrilled and quite satisfied that you consider him an evil, stupid socialist.
Praise from Caesar?
Scout
March 27th, 2010
9:44 pm
Hillbilly:
I hear you but ………………. those eyes ………….
TnGelding
March 27th, 2010
9:48 pm
Pray for world peace while you’re at it. And don’t forget your soul.
I Report (-: You Whine )-: Impeach Drunken Fool obozo! Just sayin...
March 27th, 2010
9:48 pm
diMee- Say what?
Hillbilly Deluxe
March 27th, 2010
9:51 pm
Scout
The next time I know what a woman is thinking, will be the first time.
I Report (-: You Whine )-: Impeach Drunken Fool obozo! Just sayin...
March 27th, 2010
9:52 pm
I don’t even know what that means, “world peace,” you savage little socialists seem to have started “world war,” just sayin…
Scout
March 27th, 2010
10:01 pm
Seven lies in just two minutes. This has got to be some kind of Presidential record ………….
http://www.theospark.net/2009/09/video-7-lies-in-under-2-minutes.html
Scout
March 27th, 2010
10:05 pm
Hillybilly:
The eyes don’t lie.
I even attended a law enforcement training course on that at one time in my career ……… I kid you not.
Bascially it has to do with eye positions (looking up/down and right/left) and the parts of the brain you are using as your eye positons move and as you are thinking/responding to the question(s).
It was very useful in investigative interviews and really did work.
josef nix
March 27th, 2010
10:09 pm
Scout–
Not that I think Ole Janus is any different than any of the rest of them, but that was a rather interesting little slice of reality…
IR/YW
Correct me if I’m wrong, it’s not my religion, but isn’t one of your Messiah’s names, The Prince of Peace…?
josef nix
March 27th, 2010
10:12 pm
Scout–
Eyes are the window to the soul or so I was taught. One of the things an interpreter is trained to do is to follow the eyes of the speaker in order to know better just how to translate what the speaker is “saying” from one language to another where there are subtle shades of meaning in word choices…
josef nix
March 27th, 2010
10:15 pm
Call him what you will and I’m no fan, but he is neither stupid nor a socialist…a charlatan and a Jacobin, perhaps…
Southern Comfort
March 27th, 2010
10:24 pm
Evening all. I see the religious talk is going on this evening. Hopefully everyone enjoyed today as well since it was a beautiful day.
josef
I didn’t get to answer you the other day because I hit the road and got the hell outta dodge. I was being called a liberal pompous or some crap by our blog lemonhead mike. I still don’t know why he got his panties in a bunch when I asked a simple question. But, to answer your question, you’re damned right about us going head to head on immigration if Jay ever opens the flood gates.
Hillbilly Deluxe
March 27th, 2010
10:25 pm
Scout
I don’t doubt what you’re saying but I’ve known some very accomplished liars. I live in a small community, so I know all the people who’ve spent time in the state and federal pen. Some of them can lie like you wouldn’t believe. I also knew a man who spent a lot of time off and on in mental hospitals. I also knew a nurse at one of the places where he was. She said anytime he decided he wanted to go home, it was like flipping a switch and he could convince any professional in the place of anything he wanted them to believe. She said when he decided he wanted out, he’d be out in a week’s time.
TnGelding
March 27th, 2010
10:26 pm
I Report (-: You Whine )-: Impeach Drunken Fool obozo! Just sayin…
March 27th, 2010
9:52 pm
We didn’t start it. Just mopping up.
Have another big orange!
AmVet
March 27th, 2010
10:27 pm
And the beat goes on…
March 26 (Bloomberg) — JPMorgan Chase & Co., Lehman Brothers Holdings Inc. and UBS AG were among more than a dozen Wall Street firms involved in a conspiracy to pay below-market interest rates to U.S. state and local governments on investments, according to documents filed in a U.S. Justice Department criminal antitrust case.
A government list of previously unidentified “co- conspirators” contains more than two dozen bankers at firms also including Bank of America Corp., Bear Stearns Cos., Societe Generale, two of General Electric Co.’s financial businesses and Salomon Smith Barney, the former unit of Citigroup Inc., according to documents filed in U.S. District Court in Manhattan on March 24.
The papers were filed by attorneys for a former employee of CDR Financial Products Inc., an advisory firm indicted in October. The attorneys, as part of their legal filing, identified the roster as being provided by the government. The document is labeled “list of co-conspirators.”
None of the firms or individuals named on the list has been charged with wrongdoing. The court records mark the first time these companies have been identified as co-conspirators. They provide the broadest look yet at alleged collusion in the $2.8 trillion municipal securities market that the government says delivered profits to Wall Street at taxpayers’ expense.
http://www.bloomberg.com/apps/news?pid=20601087&sid=anW3hAG0Zw5k
Southern Comfort
March 27th, 2010
10:33 pm
AmV
Wanna start a pool on how many get prison time for that?
Hillbilly Deluxe
March 27th, 2010
10:40 pm
To those of you who work in law enforcement, could the people in AmVet’s 10:27 be prosecuted under RICO?
AmVet
March 27th, 2010
10:40 pm
I hear ya loud and clear, SoCo.
But the tiniest ray of hope, form that same article:
Banks may choose to cooperate with prosecutors because in light of the government bailout funds they’ve received “a guilty plea would just be an absolute disaster for some of these companies,” said Nathan Muyskens, a partner at Shook, Hardy & Bacon in Washington and former trial attorney with the Federal Trade Commission’s Bureau of Competition.
“There have been antitrust investigations where there have been companies involved that were just never indicted,” he said in a phone interview.
At the same time, the government will probably focus on seeking to convict individual bankers, he said.
“When someone goes to jail for five years, that resonates,” he said. “When a company pays $200 million, it’s simply a balance sheet issue. Jail time is what captures corporate America’s attention.”
Great songs about varmints in the road, josef.
Another song with a road theme…
http://www.youtube.com/watch?v=OyhgUcAcTOw
josef nix
March 27th, 2010
10:44 pm
SoCo–
Hey! Doubt Jay will open up on illegal settlements in the American Southwest, he’s more concerned with the ones on the West Bank…and, well, those two memos might be in conflict, eh?
“We didn’t start it. Just mopping up.”
http://www.youtube.com/watch?v=eFTLKWw542g
Southern Comfort
March 27th, 2010
10:46 pm
AmV
The banks may choose to cooperate. Nothing says they will. Even if they do, I’m willing to bet they will throw some bottom-of-the-totem-pole schmuck out to placate investigators. I seriously doubt any of the major players will even break a sweat. I hope I’m wrong, but you’re talking about a government that can’t even decide how or when to try people that want to kill us all.