"Slumdog Trillionaire" Special.
705P ET: Rob Pollock, Russell Adams, Wall Street Journal, with Simon Constable, DowJones Newswire, re the fate of the newspapers in the trillionaire world of debt, collectivism and theft, re editorial changes at the Washington Post aim to survive the ad famine. Bennett to Leave Washington Post.
720P: Larry Kudlow, CNBC, re $1 trillion deficits, $1 trillion stimulus, re the collectivism of banking, insurance, agriculture, re the resignation of Bob Rubin and the breakup of Citi. Obama Employs His Version of Reagan - Larry Kudlow, RealClearMarkets.
735P: Professional Roundtable Jim McTague, Barron's, Mona Charen, NRO, John Fund, Wall Street Journal, re the Obama administration floats a trillionaire stimulus package and announces trillionaire deficits, re the stampede to collectivism and debt, re Congress wants to buy out foreclosures, too.
750P: Continued re the Mr. Franken goes to Washington, re Mr. Burris (right, barred from the Senate, Jan 6) goes to Washington.
805P: Thaddeus McCotter, 11th Michigan (Wayne County, MI) (R), Lou Ann Hammond, carlist.com, with Simon Constable, DowJones Newswire, re the Detroit Auto Show and the missing autos, re the decline and fall of American auto manufacturing as the annual rate falls under ten million vehicles, re the end of dealerships.
820P: Joanna Chung, Financial Times, re the attack on executive salaries and bonuses, re the claw back by shareholders and Congress, Fear of falling Dan Pedrotty can pinpoint the moment he first saw middle America's rising tide of anger against the gargantuan pay packages. Madoff ordered $150m transfer Bernard Madoff ordered his UK company to transfer about $150m to his US firm just weeks before he allegedly confessed to. Prosecutors drop charges against Stockman US prosecutors on Friday dismissed fraud charges against David Stockman, who served as president Ronald Reagan's budget
835: Financial Professionals, with Tom Donlan, Barron's, John Tamny, RealClearMarkets.com, Simon Constable, Dow Jones, Aaron Task, Yahoo Finance, re Unemployment Jumps to 7.2% re the trillionaire bailouts, the trillionaire debts, re if the first TARP didn't work let's try again, re the strange death of Adam Smith. Tim Geithner Is Preparing Overhaul of the Bailout - Washington Post Hank Paulson Bailout Didn't Give Taxpayers Buffett's Terms - Bloomberg
850P: Continued, No, Obama's Recovery Plan Falls Short - Paul Krugman, New York Times, Andrew Mellon vs. Bailout Nation - Bill Gross, Pimco Asset Management.
905P: Malcolm Hoenlein, Conference of Presidents Major Jewish Organizations, re the UN Security Council resolution fails, re the IDF goals, re the U.S. Congress support of Israel, re what will Tehran do? Re the report that the Bush administration nixed an IDF raid on Iran in 2008. Hamas Makes the Foulest Fight.
920P: Max Blumenthal, DailyBeast.com, re the mystery of Rick Warren and his mission to fight AIDS in Africa. Rick Warren's Africa Problem Team Obama likes to cite Warren's work on AIDS in Africa to combat criticism about the controversial pastor.
935P: Maxwell Taylor Kennedy, Part 2, author, "Danger's Hour: The Story of the USS Bunker Hill and the Kamikaze Pilot Who Crippled Her," the story of a single moment of horror in 1945 when a young Japanese student pilot named Kiyoshi Ogawa plunged his Japanese Zero into the center of the flight deck of the Essex Class aircraft carrier Bunker Hill. The kamikazes were directed by Japanese Admiral Matome Ugaki, who called the mass suicide attacks Kikushu, or chrysanthemum water. Japanese poetry associates flowers with death. There were ten Kikushi raids launched between April and June, 1945, and they were increasingly deadly. The American fleet at Okinawa was losing more than a ship a day, and the famous Intrepid, now in anchor as a museum in New York, was hit and driven from battle on April 16. Mr. Kennedy has identified one particular hero of many whom he and many of the veterans today choose as the man who saved Bunker Hill, chief Engineer Joseph
Carmichael. About ten minutes after the explosions, Carmichael heard a rumor spreading that the ship was sinking. He took to the public address system and gave a speech that matches anything of Ceasar's in strength and valor: "This is the chief engineer speaking. This ship is not sinking. It is not in any danger of sinking. And it will not sink. So put your minds at rest on that." Two days later, Bunker Hill made the largest mass burial at sea in Navy history to this day, 352 officers and men were put into the sea about 380 miles southeast of Naha Town.
955P: Exeunt re Bob Zimmerman, author, "Universe in a Mirror," re the most successful Mike Griffin will leave NASA, and was he fired by the Obama team to make way for cuts and retreat?
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KFI-AM 640 Los Angeles, 7-10P Pacific Time.
705P PT: Amity Schlaes, author, "Forgotten Man," with Simon Constable, DowJones Newswire, re the trillionaire economy of debt and stimulus, re re the report from Thailand that the local economy issues scrip and what this means, re The Budget Deficit: Waiting For God-Only-Knows-What - The Economist
720P: Joseph Sternberg, Asia Wall Street Journal, re the Saytam scandal and the now in custody slumdog billionaires, the Raju brothers, (right,
Satyam founder B. Ramalinga Raju's lawyer S. Bharat Kumar, center wearing black, arrives at the magistrate's house in Hyderabad, India, Saturday, Jan. 10, 2009. Indian police detained the chief financial officer of embattled outsourcing giant Satyam Computers on Saturday, the third executive to enter police custody in the wake of a massive fraud scandal.
(AP Photo/Mahesh Kumar A) re the collapse of the Indian boom, the doubts of family owned enterprise, the panicked markets, the missing CFO. In India, Crisis Pairs With Fraud at Satyam. India's Enron: Auditors Go AWOL at Satyam735P: Professional Roundtable with with Diana West, author, Larry Johnson, No Quarter and State (ret), Margaret Hoover, FNC, re the trillion dollar Tim Geithner Is Preparing Overhaul of the Bailout - Washington Post. Dems Stew in Botched Burris Imbroglio - Bresnahan & Raju, Politico.
750P: Continued re Rubber Stamp for Hillary - Diana West, Washington Times.
805P: Professional roundtable with Bill Whalen, John Avlon, Monica Crowley, GOP Revival Will Start in the States - Steve Moore, Wall Street Journal. Can Obama Deliver on His Promises? - Eleanor Clift, Newsweek. Schwarzenegger's Failure - Matt Welch, Reason
820P: Continued re Are Moderates Really Pragmatists? - Josh Patashnik, The Plank.
835P: Adam Michaelson, author, "The Foreclosure of America," re Countrywide and the housing bubble of 2002-2008, the stuff of what dreams are made of before they burn, re the authors five years at Countrywide, re a defense of FOA, Friends of Angelo, in Congress and in Freddie Mac ad Fannie Mae (right, Countrywide boss Angelo Mozilo gets in line).
850P: Olivier Guitta, Middle East Times, re why are Syria and Hizballah sitting ou the Gaza War, what are the Damscus and Hisballah options?
905P: Michael Phillips, Wall Street Journal, re the housing bubble and the predatory practices and willful greed of lenders and homeowners during the bubble. In Arizona, A $103,000 Shack.
920P: Henry Miller, Hoover Institution, re Avian flue death reported outside Bejing, re Steve Jobs mystery of weight loss, re update on FDA administration, who watches the watchers?
935P: Steve Knopper, Appetite for Self-Destruction: The Spectacular Crash of the Record Industry in the Digital Age "...Now, because powerful people like Doug Morris and Tommy Mottola failed to recognize the incredible potential of file-sharing technology, the labels are in danger of becoming completely obsolete. Knopper, who has been writing about the industry for more than ten years, has unparalleled access to those intimately involved in the music world's highs and lows. Based on interviews with more than two hundred music industry sources -- from Warner Music chairman Edgar Bronfman Jr. to renegade Napster creator Shawn Fanning..." "...Time Warner said it will record $25 billion in write-downs for the fourth quarter, with nearly $15 billion of it coming from Time Warner Cable. The news, coupled with Time Warner saying 2008 results won't meet November expectations amid worsening ad weakeness, sent Time Warner shares down 6.2% in premarket trading -- Jan 2009...". Re the greed, stupidity, deafness and futility of the handful of characters who rule the pop music business as it burns like Citi (right, Tommy Mottola weds a pop star).
935P: Exeunt re Gaza update, re Cairo wants Jerualem to finish the job, re Tehran has not decided if it will sit out, re the IDF wasn't another three weeks to decapitate Hamas, re the report that the Bush administration rejected the IDF plan to raid Iran in 2008, instead starting a covert op to disrupt the supply chain for Iran's nuclear fuel cycle.





Rick Warren’s theology is as quintessentially American as Cheez Whiz.