Maine: Nancy Pelosi

May 18, 2009 - 07:04 am
NEWS FEED: Turn Maine Blue

Open Thread

Good morning.

This might be optimistic, but the Hill has this analysis that the Pelosi CIA flap may lead to a truth commission on torture:

House Speaker Nancy Pelosi's fight with the CIA has put her in one of the toughest spots she's been in since she became speaker.

But it may also have advanced her goal of creating a "truth commission" to investigate the Bush administration's interrogation techniques and whether they amounted to illegal torture.

If nothing else, Pelosi's hard-to-prove assertion that the CIA lied to her in a briefing has renewed interest among Republicans and Democrats in what the Bush administration was doing with detainees six years ago and what it told Congress and other officials.

March 7, 2009 - 06:51 am
NEWS FEED: Turn Maine Blue

Open Thread

Good morning. I'm on the road much of the day.

The bank bailout continues apace in the UK too, but with a difference; from the Guardian:

The government today confirmed it will take majority control of Lloyds Banking Group, with the taxpayer owning 65% of the voting shares in return for insuring ?260bn of the group's toxic assets.

After days of detailed negotiations the terms of the takeover were announced by the Treasury, with Lloyds making a commitment to lend at least ?28bn over the next few years.

The government is to insure the bank's riskiest loans and in return the taxpayer will up its ownership of the bank from 43% to 65% - rising to 77% when non-voting shares are included.