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Joseph A. Palermo: Goldman Sachs' $500 Million Mea Culpa

It's truly touching that Goldman Sachs' CEO Lloyd Blankfein, who recently said that his too-big-to-fail, Fed-backed holding company is doing "God's work," has offered a mea culpa (of sorts) for his firm's past sins. Our beneficent overlords at Goldman ...

From JOSEPH A. PALERMO, Huffington Post,  20 Nov 2009

Related Topics: Goldman Sachs,  Lloyd Blankfein,  Henry Paulson,  Warren Buffett

Joseph A. Palermo: Arnold Schwarzenegger in Iraq

"Two hundred seventy-seven U.S. soldiers have now died in Iraq, which means that statistically speaking U.S. soldiers have less of a chance of dying from all causes in Iraq than citizens have of being murdered in California, which is roughly the same ...

From JOSEPH A. PALERMO, Huffington Post,  17 Nov 2009

Related Topics: Arnold Schwarzenegger,  Nouri al-Maliki,  U.S. Republican Party,  The Pentagon,  New York Times Company

Joseph A. Palermo: The "Goldilocks Principle" and Afghan War Options

"I have always marveled at the way ingenious men can, when they wish, turn logic upside down, and I was not surprised when my colleagues interpreted the crumbling of the South Vietnamese government, the Viet Cong's increasing success, and a series of ...

From JOSEPH A. PALERMO, Huffington Post,  9 Nov 2009

Related Topics: Barack Obama,  George Ball,  New York Times Company,  Robert Gates,  Lyndon B. Johnson

Joseph A. Palermo: The Wrath of Suburbanites and Independents

Suburbanites and independent voters in Virginia and New Jersey broke Republican in yesterday's election. Last night I saw CNN's John King tell his viewers that this phenomenon could only mean that people are sending a signal to President Barack Obama ...

From JOSEPH A. PALERMO, Huffington Post,  4 Nov 2009

Related Topics: U.S. Republican Party,  Barack Obama,  U.S. Congress,  U.S. Democratic Party,  FOX Broadcasting Company

Joseph A. Palermo: For Wall Street and Goldman Sachs the Party Continues

Time magazine's cover story this week titled "What's Still Wrong with Wall Street," by Allan Sloan, is a remarkable indicator of where the public stands on the recent obliteration of the economy by a gang crooked financiers and speculators. It shows ...

From JOSEPH A. PALERMO, Huffington Post,  2 Nov 2009

Related Topics: Goldman Sachs,  Barack Obama,  U.S. Congress,  Time Magazine,  FOX Broadcasting Company

Joseph A. Palermo: Who Wants to Be Governor of the Failed State of California?

"Pulling over a billion dollars out of colleges and universities across California, has real implications, and we're now just starting to see the unrest that accompanies such drastic cuts. I believe in fully funding the University of California, ...

From JOSEPH A. PALERMO, Huffington Post,  22 Oct 2009

Related Topics: U.S. Republican Party,  Ronald Reagan,  Jerry Brown,  Steve Poizner,  Arthur Laffer

Joseph A. Palermo: Wall Street is More of a Threat to Obama's Domestic Agenda than Afghanistan

"Deficits don't matter." When Vice President Dick Cheney uttered this famous line he was making a political judgment, not an economic one. In 2001, when the newly selected President George W. Bush and his posse rode into Washington they immediately ...

From JOSEPH A. PALERMO, Huffington Post,  20 Oct 2009

Related Topics: George W. Bush,  U.S. Republican Party,  Alan Greenspan,  U.S. Congress,  Barack Obama

Joseph A. Palermo: Reaction to President Obama's Nobel Peace Prize Another "Teaching Moment"

During the initial 24-hour news cycle following the announcement that the President of the United States had won the Nobel Peace Prize we heard all manner of demeaning, diminishing, and ridiculing of the President and the prize. Beltway pundits David ...

From JOSEPH A. PALERMO, Huffington Post,  10 Oct 2009

Related Topics: Barack Obama,  George W. Bush,  David Brooks,  U.S. Republican Party,  Jim Lehrer

Joseph A. Palermo: To "Americans for Prosperity" Capitalism Is a Love Story

The Americans for Prosperity Foundation's "National Defending the American Dream Summit" held last weekend at the Marriott Crystal Gateway Hotel in Arlington, Virginia was an assemblage whose only distinguishing feature was its astonishing homogeneity ...

From JOSEPH A. PALERMO, Huffington Post,  7 Oct 2009

Related Topics: Barack Obama,  C-SPAN,  Ann Coulter,  Laura Ingraham,  Newt Gingrich

Joseph A. Palermo: Sam Tanenhaus, The Death of Conservatism (Review)

Sam Tanenhaus, a senior editor for the New York Times, has written a useful book about modern conservatism and its discontents. It is a short intellectual history tracing the pedigree of ideas that have informed conservative (and liberal) thought over ...

From JOSEPH A. PALERMO, Huffington Post,  5 Oct 2009

Related Topics: Sam Tanenhaus,  Martin Luther King, Jr.,  Ronald Reagan,  Edmund Burke,  Robert F. Kennedy

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