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Entries by Arianna Huffington from 02/2009

Stimulus Package: If You Jump Halfway Across a Chasm You Fall Into the Abyss

| Posted 02.02.2009 | Politics

If we are going to spend two trillion dollars (and most likely more) trying to deal with the economic crisis, shouldn't we do it right?

CNBC's Clueless Mark Haines Calls Me "Clueless" on Morning Joe: I Respond

| Posted 02.04.2009 | Business

Haines, clearly still wearing his Wall Street blinders -- and still speaking out for the Marie Antoinettes of the Meltdown -- was apoplectic over my suggestion that taxpayers should stop subsidizing equity holders in insolvent banks.

Gabbing with Gates: We Talk Meltdown, Malaria, Mosquitoes, and How Not Getting Enough Sleep Lowers His IQ

| Posted 02.06.2009 | Business

Notes from the TED conference, and my conversation with the world's most maniacal polymath, Bill Gates, in which we discuss the economy, his charitable giving, and what happens if he doesn't get enough sleep. READ MORE CNBC's Clueless Mark Haines Calls Me "Clueless" on Morning Joe: I Respond Only people like Mark Haines, their vision limited by Wall Street blinders, don't see the lunacy of allowing stockholders to reap rewards at taxpayers' expense. READ MORE Stimulus Package: If You Jump Halfway Across a Chasm You Fall Into the Abyss If we are going to spend two trillion dollars (and most likely more) trying to deal with the economic crisis, shouldn't we do it right? READ MORE Watch: Arianna On MSNBC, Discussing Obama Admitting His Mistakes: "A Teachable Moment"

Sunday Roundup

| Posted 02.07.2009 | Politics
Read More: Politics News

This week offered some tough calls. What was the scariest audio tape: Christian Bale's f-bomb-filled Terminator tirade or Dick Cheney's bone-chilling mutterings on the "high probability" of a coming nuclear 9/11 and preemptive finger-pointing? Who showed the worst parental judgment: 14-is-not-enough single mother Nadya Suleman or the father who thought it was a good idea to post video of his drugged up 7-year old on YouTube (paging child protective services)? And who is most in need of a racial sensitivity class: Miley Cyrus, Bishop Richard "What Holocaust?" Williamson, or Florida Republican Carol Carter, who sent around an email questioning how "2,000,000 blacks get into Washington, D.C. in 1 day in sub zero temps when 200,000 couldn't get out of New Orleans in 85 degree temps with four days notice"? Discuss.

Bipartisanship Fetishism vs. What's Best for America: Obama Needs to Choose

| Posted 02.09.2009 | Politics

When Galileo became convinced of the truth about how the solar system works, he didn't decide to just split the difference with the Pope so he could get a few nice editorials about "common ground" and "working together." Obama needs to stop trying to appease the bipartisanship fetishists. READ MORE Why is Obama Reluctant to Kill the Zombie Banks Threatening Our Economy? The plan laid out -- or, more accurately, sketched out -- by Tim Geithner makes it very clear that he is on the wrong side of the issue, more worried about the banking industry than the American people. Like Hank Paulson before him, Geithner appears more concerned about saving particular banks than saving the banking system. READ MORE

Why is Obama Reluctant to Kill the Zombie Banks Threatening Our Economy?

| Posted 02.12.2009 | Business

The plan laid out -- or, more accurately, sketched out -- by Tim Geithner makes it very clear that he is on the wrong side of the issue, more worried about the banking industry than the American people.

Sunday Roundup

| Posted 02.14.2009 | Politics

The Academy Awards aren't until next Sunday, but this week provided some Oscar-worthy performances. There was A-Roid acting remorseful about using steroids (although, admittedly, this was nowhere near as convincing as when he denied having used them); Joaquin acting weirder than weird on Letterman; Nadya Suleman acting like there was a rational explanation for a single mom having 14 children via in vitro fertilization; eight banking CEOs unconvincingly acting contrite in front of Congress; peanut butter tycoon Stew Parnell acting like a Mafia don, repeatedly taking the 5th Amendment in front of Congress; and Sen. Judd Gregg acting schizophrenic, withdrawing as Commerce Secretary nominee over policy disagreements after previously lobbying for the post and promising that policy disagreements would not keep him from backing Obama's agenda.

It's Time to Treat America's Homeowners as Well as We've Been Treating Wall Street's Bankers

| Posted 02.16.2009 | Business

"The banks are too big to fail" has been the mantra we've been hearing since September. But when you consider the millions of American homeowners facing foreclosure, aren't they also too big to fail?

Political Oscars 2009: And the Winners Are...

| Posted 02.19.2009 | Entertainment

With the Oscars coming up on Sunday, I thought it would be a good time to salute -- and mashup -- some of the year's noteworthy achievements in the worlds of politics and entertainment... which, these days, aren't always easy to tell apart.

The Political Oscars: Your Winners (and Losers)

| Posted 02.21.2009 | Politics

Earlier this week, I offered my take on this year's Political Oscars - mashing up the best and worst from the worlds of politics and entertainment -- and asked for your suggestions. You responded with an Oscar-worthy collection of winners (and losers). Here are our favorites... Best Picture: Slumdog Millionaire; Worst: Bailout Billionaire. Best Sound Effects: Wall-E's singing; Worst: Wall Street's begging. Read the rest here. Watch: Arianna with Jay Leno, Discussing Foreclosures, Bank Bailouts, and How Obama is Handling The Crises Political Oscars 2009: And the Winners Are... It's Time to Treat America's Homeowners as Well as We've Been Treating Wall Street's Bankers

Sunday Roundup

| Posted 02.21.2009 | Politics

In times as uncertain as ours, yesterday's heretical view can rapidly turn into today's conventional wisdom. Take the question of nationalizing America's insolvent banks. Just six months ago, raising the idea would have immediately branded you as an old school Marxist. Now, it's being suggested by none other than Alan Greenspan. Last Sunday, Lindsey Graham said he wouldn't take nationalizing the banks off the table. On Wednesday, Greenspan, the high priest of laissez-faire capitalism, said it "may be necessary." And on Friday, Chuck Schumer, who just five days earlier had said he "would not be for nationalizing," told HuffPost he was actually in favor of "good nationalization," wherein the government takes over zombie banks, cleans house, then resells them to the private sector. Who knows, by next week Ayn Rand might pop up from the grave and start speaking Swedish.

The Credit Card Debt Crisis: The Next Economic Domino

| Posted 02.24.2009 | Business

Hot on the heels of the banking crisis, the employment crisis, and the mortgage/foreclosure crisis, the country is on the verge of experiencing a credit card crisis.

Financial Follies: Is the Fed Encouraging Credit Card Company Foot-Dragging?

| Posted 02.26.2009 | Business

In December, the Federal Reserve approved new rules curtailing some -- but by no means all -- of the more egregious practices of the credit card industry. But, surprisingly, the rules are not scheduled to go into effect until July 2010. Why this 18-month long delay before making the banks clean up their acts? READ MORE The Credit Card Debt Crisis: The Next Economic Domino Hot on the heels of the banking crisis, the employment crisis, and the mortgage/foreclosure crisis, the country is on the verge of experiencing a credit card crisis. Yet the same banks that have been bailed out with billions of taxpayer dollars, have been turning around and gouging their most vulnerable customers. READ MORE Watch: Arianna on Countdown Discussing Obama's Approach to National Security Watch: Arianna Discusses Obama's Trip to Canada on CTV's Question Period

Sunday Roundup

| Posted 02.28.2009 | Politics

When given the choice between having Barack Obama reach across the aisle to work with the GOP or pursue the policies he advanced during his campaign, a significant majority of Americans want him to stick to his guns (56 percent to 39 percent). And 79 percent of the public wants Republicans to drop the partisanship and work with Obama. No wonder Obama seems to be driving Republicans over the edge, with Tom DeLay calling the president's address to Congress "insane," John Bolton cracking jokes about the nuclear annihilation of Chicago, and Bobby Jindal using his time in the spotlight to rave -- inaccurately -- about wasteful "volcano monitoring" programs. You know times are tough for Republicans when the highlight of CPAC is a two-minute speech delivered by a 13-year old.