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 [The Prudent Investor - Seeing Too Many Bubbles] The Mogambo Guru Caves In Under The Weight Of... : They turn to each other, looking perplexed, and I could hear them whispering back and forth, asking each other "What in the hell is that Mogambo idiot yammering about now?" In response, I shall take some of my valuable Mogambo time (VMT) and explain that reserves are there to, theoretically, help insulate the banks from losses if some of their loans go bad, and also to provide a cash cushion in case they need to satisfy the demands from depositors who want their money back, if any. In either case, without the reserves, the bank would be, technically, bankrupt.

[RIGHT WING HOWLER] CHICK OF THE WEEK: SUCK MORE MUSLIM ASS, CORRUPTION OR NONCHALANCE AT THE BUREAU OF PRISONS?, CRIMINAL ILLEGAL ACTIVITIES MOLLY-CODDLED AND SUPPORTED, WHY I CAN NOT TRUST MUSLIMS, HERE’S ANOTHER: “VILMAR PREDICTS”, NEW PHOTOS UPLOADED!, HUMP DAY HUMOR, WHERE’S AN ANESTHESIOLOGIST WHEN YOU NEED ONE?, I COULD WATCH THIS OVER AND OVER!!, ON THE PORTS AND THE UAE, TWEAKS">22

[Waynemadsenreport.com] Wayne Madsen Report - Home: On April 10, WMR reported the following: "there is growing chatter from the Pentagon that relations between the uniformed military leadership and the political civilian hierarchy are at an all time low. Many current and retired flag rank officers are criticizing the Iraq war and warning that any attack on Iran will be the last straw."

[Delong.typepad.com] Brad DeLong's Semi-Daily Journal: Back in the old days--when Donald Luskin, Andrew Sullivan, and Mickey Kaus first decided that there were reputations to be made and Republican brownie-points to be earned by attacking Paul Krugman as "shrill," and when you could (well, maybe not you, but one, or some of those one might call "one") using only the suckers of one's tentacles count us few members of the Ancient and Hermetic Order of the Shrill as we gathered in the night psychotically ululating shrill screeds of Bush hatred at the dead, uncaring stars, having been driven into shrill unholy madness by the incompetence, mendacity, malevolence, and sheer disconnection from reality of George W. Bush and his administration--back in those old days, as I was saying, few would ever have thought that we would ever have the privilege of being led in Evensong here at Order of the Shrill headquarters here at Miskatonic University by tonight's fine and harmonious quartet, made up of Newsweek's Howard Fineman, the Wall Street Journal's Peggy Noonan, Meet the Press's Tim Russert, and the New York Times's John Tierney.

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