The John Batchelor Show

Podcasts

Sunday March 29, 2009 NY, DC, SF, LA

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POTUS Goes to the G20.     

705P ET:  Alan Murray, Wall Street Journal, with Simon Constable, DowJones Newswire, re  Gordon Brown's remarks in NY in expectation of the G20 meeting in London, re Tim Geithner's  remarks on the new TARP protocol with regard the most troubled US banks.  Treasury Maps New Regulatory Era

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720P:  Ann Marlowe, Wall Street Journal, Tunku Varadarajan, Hoover, with Simon Constable, DowJones Newswire, re the new plan from the Obama administration in Afghanistan.  Text: Obama's Remarks  Obama Defines New Afghan Strategy Obama unveiled a strategy that devotes more resources to combat Afghan narcotics and boost development in Pakistan.  Holbrooke holds back

735P: Professional Roundtable Jodi Schneider, CQ, Mona Charen, NRO, John Fund, Wall Street Journal, re Tim Geithner's peculiar week, re POTUS meets the bankers: List of CEOs at Meeting Re the POTUS goes to Europe.  Obama to Woo Public on Europe Trip

750P:  Continued re the AIG flap goes away, or does it?  Re Cap and Trade, or Healthcare for all?  Senate Panel Clears $3.6 Trillion Budget Obama's fiscal agenda gained steam, as a Senate panel embraced a $3.6 trillion budget that Republicans complained would pile up a huge federal debt

805P: Caroline Salas,  Bloomberg, with Simon Constable, DowJones Newswire, re Eat-What-You-Kill Bond Traders Rise From Wall Street Wreckage: Eat-What-You-Kill Bond Traders Rise From Wreckage (Update2) March ...

OB-DJ538_0327ce_D_20090327123037.jpg820P:  Gordon Chang, Forbes.com, re North Korea threatens to launch the missile, re Japan will shoot down missile parts, re Tom Geithner misspeaks re the dollar, re China wants a new world currency, why?  Japan to Shoot Down Missile Debris  

835: Financial Professionals, with Tom Donlan, Barron's, John Tamny, RealClearMarkets.com, Simon Constable, Dow Jones,  Aaron TaskBlame the Dollar For Worldwide Pain - Daniel Ben-Ami, Fund Strategy  Is Geithner's Plan Too Big To Succeed? - Scott Jagow, Scratch Pad

850P: Continued, The Dangerous Banking-Witch Hunt - Camilla Cavendish, Times of London  Treasury Is Mum Over TARP Funds

905P:  Aaron Klein, WND, re the reports of the IAF air raid on a weapons convoy in the Sudan bound for Hamas in Gaza in January, re where and when the strike, and what response from Hamas, from Sudan, from Iran?   Israel Disputes Soldiers' Accounts of Gaza Abuses

920P: Malcolm Hoenlein, Conference of Presidents Major Jewish Organizations, re Netanyahu forms a government with Barak's Labor?  Re Iran's elections already decided, re the Obama administration and Hamas.

935P: Tom Jones and Ellen Stofan, authors "Planetology: Unlocking the Secrets of the Solar System," re the stunning growth in planetology, not only in the rocky and wet inner planets of Earth and Mars and Venus, but also in the gas giant Saturn and the moons of Saturn and Jupiter, especially Titan, Europa and Enceladus, re extremophiles, re the evidence of planetary bombardment on Earth.

955P: Exeunt re  Bob Zimmerman, author, "Universe in a Mirror, re Discovery mission to ISS, re Jonah at Canaveral when a wrench falls on tiles of the prepping Atlantis for the Hubble rescue mission in May.  Re 

Thumbnail image for capt.5f2e662f6fe14b9bb3681119ea4f27aa.alaska_volcano_akag106.jpgMount Redoubt. The volcano on the west side of Cook Inlet erupted Thursday morning sending ash clouds an estimated 65,000 feet into the air dusting the towns on the Kenai Peninsula including the towns of Kenai, Ninilchik and Homer.

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KFI-AM 640 Los Angeles, 7-10P Pacific Time.

705P PT: .  David Reilly, Bloomberg, Banks' Hidden Junk Menaces $1 Trillion Purge: David Reilly March ...  The Dangerous Banking-Witch Hunt - Camilla Cavendish, Times of London

Banks' Hidden Junk Menaces $1 Trillion Purge: David Reilly March 25 (Bloomberg) --

The US government wants to clear as much as $1 trillion in soured loans ... 


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720P:  Jamil Anderlini, Financial Times, Beijing, China urges switch from dollar as reserve currency China's central bank yesterday proposed replacing the US dollar as the international reserve currency with a new global regime...  Beijing scuppers $2.4bn Coke move  China yesterday rejected a $2.4bn Coca-Cola deal that would have been the country's biggest foreign take-over, stoking fears

735P:  Professional Roundtable with with Diana West, author, Larry Johnson, No Quarter and State (ret), Margaret Hoover, FNC, re Obama administration vs the bankers Bank CEOs Meet at White House.

750P: Continued re Timothy Geithner and the China regime, re the AIG flap, week 2.  Big Three anchors heading to London

805P: Professional roundtable with Bill Whalen, Hoover, Craig Unger, Vanity Fair, John Avlon, DailyBeast.com, re California unemployment headed to 12%  Bad blood: GOP infighting on budget.  Reid: Roberts 'didn't tell us the truth'

820P:  Continued re New York Times Will Cut Salaries.   Bad news week for newspapers    Obama's TV Tour Still Boosts Ratings

835P:  Rick Doble and Tom Philbin, authors, "Cheaper: Insider Tips for Saving on Everything,"   Rick Doble is the king of haggling and has been teaching people how to save money on his website, in his newsletter, and in magazines for fifteen years. He lives in Smyrna, North Carolina. Tom Philbin writes both fiction and nonfiction. He is the author of How to Hire a Home Improvement Contractor Without Getting Chiseled and other books on saving money. He lives in Centerport, New York. 

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850P: Melik Kaylan, Forbes.com, the POTUS goes to Europe, headed to the semi-Islamic state of Turkey, and why?   Why Turkey Matters To The U.S. Obama will need all of his diplomatic skills in Ankara.

905P:  Douglas E.  Schoen, co-author with Michael Rowan, "The Threat Closer to Home: Hugo Chavez and the War Against America," re the intelligentm savvy, sophisticated and determined Hugo Chavez who see his success against American interests as a success for his revolution.

920P: Mary Kissel, Asia Wall Street Journal, Hong Kong, re China and one-world currency,  re China rejects Coke bid on juice-maker, re  ICBC secures Goldman pledge Industrial and Commercial Bank of China yesterday secured a promise from Goldman Sachs that the US bank would hold the, re 

935P: Peter Singer, author, "The Life You Can Save: Acting Now to End World Poverty,"  "Singer uses ethical arguments, provocative thought experiments, illuminating examples and case studies of charitable giving to show that it is within our reach to eradicate world poverty and the suffering it brings.  At a time when Americans are justifiably anxious about the economy, we need to remember that virtually all those living in rich nations remain far better off than those living in extreme poverty."  ebook.

955P:  Exeunt Lou Ann Hammond, carlist.com, re Volvo for sale in China, re car insurance fraud on the rise as the economy sinks.  Signs of Stress, Fraud on Roadside Authorities report a growing number of cars burned or ditched, as sinking home values and rising unemployment spur desperate owners to chase insurance payouts.

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Sunday March 22, 2009 NY, DC, SF, LA

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Hoover Institution Special, Stanford University, Palo Alto, California  

705P Eastern Time: Victor Davis Hanson, Hoover Institution, re Yes, We Can If They Did It and We Are Liked Now 

720PGordon Chang, Forbes.com, Thomas Henriksen, Hoover Institution, re 

ap_journalists_n_korea_090319_mn.jpgNorth Korea detains two US journalists.  (right)

735P: Professional Roundtable,  Mona Charen, NRO, Tunku Varadarajan, Hoover Institution, James Taranto, Wall Street Journal, Dodd draws fire for tortured tale  House approves 90 percent AIG tax

750P:  Continued  Obama apologizes for remark  Palin slams 'Special Olympics' remark

805P:  Detroit Roundtable, Thaddeus McCotter, 11th Michigan, John Stoll, Wall Street Journal, John Fund, Wall Street Journal, re U.S. Throws Aid to Auto Suppliers

820P:  Continued Detroit Roundtable:  The federal government will announce as soon as Monday a three-pronged plan to rid the financial system of toxic assets, betting that investors will be attracted to the combination of discount prices and government assistance. The framework, designed to expand existing programs and create new mechanisms, relies heavily on participation from private-sector investors.  

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835: Financial Roundtable, Jodi Schneider, CQ,   Simon Constable, Dow Jones,  Aaron Task, Yahoo Finance,  John McCain has out-mavericked himself again, telling the Financial Times that critics (including his colleague Johnny Isakson, R-Ga.) should give Geithner some time to do his job.  Off With the (AIG) Bankers' Heads - Simon Johnson & James Kwak, NYT

850P: Continued   Let's Put Down The Pitchforks - Steven Pearlstein, Washington Post


905P:  Henry Miller, Hoover Institution, Golden Rice is a two decade old breakthrough GM product that offers Vitamin A to the deprived and starving of the Earth, yet it is restricted from the continents that need it most by political savvy cultists.  Why?

920P:  John Taylor, Hoover Institution, "Getting Off Track: How Government Actions and Interventions Caused, Prolonged and Worsened the Financial Crisis."

935P:  Jeff Jarvis, author, "What Would Google Do?"  "Jarvis, proprietor of the influential media blog BuzzMachine, gleans maxims from Google's successful strategies that occasionally sound like doublespeak (Free is a business model! Abundance is the new scarcity! Correcting yourself enhances credibility!). But they boil down to practical suggestions." (Time magazine )

955P: Exeunt re a walk in Palo Alto and San Francisco after the fall of the houses of cards.  Got Gold? You're Right on the Money - Bill Fleckenstein, MSN Money  David Enrich, Wall Street Journal, re Wall Street Pursues Pay Loopholes

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KFI-AM 640 Los Angeles, 7-10P Pacific Time.

705P Pacific Time:  John GapperFinancial Times, re AIG Reinvents The Trader's Option, re how the AIG Bonus Villains are necessary afterall, because only they know how to unwind the brain-twisting trades that have so far cost the US $180 billion.  Greenberg attacks US over AIG  Now, the ever-ingenious AIG traders have come up with a derivative of the trader's option. Call it the trader's option squared.

720P: John Hughes, Bloomberg,  re GM and Chrysler and the Obama administration.  

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735P:  Professional Roundtable with Diana West, DianaWest.com, Larry Johnson, No Quarter and State (ret), Jim McTagueBarrons  Palin slams 'Special Olympics' remark  Really, Congress, Leave the Bonuses Alone - Donald Luskin, SmartMoney

750P: Continued  re Systemic Risk Regulator, re  House approves 90 percent AIG tax

805P: Professional roundtable with Craig Unger, Vanity Fair, Bill Whalen, Hoover, John Avlon, DailyBeast.com,   AIG and 'Political Risk' - Ian Bremmer & Sean West, Wall Street Journal  My Vote: Jamie Dimon for Treasury Secretary - David Reilly, Bloomberg

820P:  Continued with  Ben Bernanke's $1.2 Trillion Bet - Editorial , Investor's Business Daily  From the LA Times: California unemployment hits 10.5% in February

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835P:  Steve Cohen, NYU, re Russia rearms, re  Kremlin Signals a Harder Line 

850P:  Continued  No Lifeline Promise for Russian Tycoons  A top Kremlin official warned that Russia's debt-burdened tycoons might have to part with their assets amid the deepening global crisis.

905P:  Tom Jones, Ellen Stofan, authors, "Planetology: Unlocking the Secrets of the Solar System."

920P:  Parris Chang, frmr Taiwan National Security Agency  Taiwan Defense Plan Risks China Ties  

935P: Julia Angwin, "Stealing MySpace: The Battle to Control the Most Popular Website in America," re the 2005 sale of a social media start-up website to Rupert Murdoch of News Corps:.

955P: Joseph Sternberg, Asia Wall Street Journal, re the protectionist legislation, by a Connecticut congresswoman who is pals with Rahm Emanuel, against Chinese food products that could trigger retaliation.

Sunday March 15, 2009 NY, DC, SF, LA

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705P ET:  Martin Wolf, Financial Times, John Gapper, Financial Times, with Simon Constable, Dow Jones, re "The Future of Capitalism,"  re a continuing series in the Financial Times, re preparing for G20, re the finance ministers gather in London, re What Is To Be Done?  Analysis: A need to reconnect  The Future of Capitalism: With lavish executive pay, inadequate boardroom expertise and a short-term shareholder focus all blamed for bringing about the crisis, Anglo-Saxon business approaches are likely to face wrenching changes - Mar 12 2009  ( Picture: London World Economic Conference June 1933, 2009, or The Ides of March?)   CAESAR: 
What say'st thou to me now? speak once again.  Soothsayer: Beware the ides of March.  CAESAR:  He is a dreamer; let us leave him: pass.

720P: Continued with Wolf, Gapper, Constable, re the Chinese Premier Wen quibbles with the US policy, re Whitehall quibbles with the empty Treasury: The surest sign of impending disappointment came when word surfaced in London that Downing Street was finding it "difficult" to work with Washington on summit preparations. The reason? In effect, because nobody's home at Tim Geithner's Treasury Department, according to remarks leaked to the British press and attributed to Cabinet Secretary Sir Gus O'Donnell, Britain's most senior civil servant. "There is nobody there," he reportedly told a conference on Monday. "You cannot believe how difficult it is."  China's Leader Says He Is 'Worried' Over U.S. Treasuries.

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735P: Amir Erati, Wall Street Journal, with Simon Constable, Down Jones, re Bernie Madoff Goes to the Big House, re the setencing of Madoff, re Where's the Money, re the "claa back" begins, re the rich people hide the silver and gold.  Is Bernie Satan?

750P:  Professional Roundtable,  John Fund, Wall Street Journal, Jim McTague, BarronsNRO, Jodi Schneider, CQ, re Are Michael Steele's Days at the RNC Numbered? - Rick Moran, PJM  More Treasury staffing woes   Signs of Confusion from Obama, Geithner - Byron York, D.C. Examiner

805P: Continued re  Obama to skip Gridiron for Camp David

820P:  Dawn Wotapka, Dow Jones, Foreclosed Houses Haunt Home Builders Home builders face competition from foreclosures. Small builders are dying by the dozens, while some large ones are staying afloat by cutting expenses.

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835: Financial Roundtable, Barron's John Tamny, RealClearMarkets.com, Simon Constable, Dow Jones,  Aaron Task, Yahoo Finance, Tom Donlon, Barrons, re the It Seems Not All Recessions Are Created Equal - Samuel Brittan, FT  Unemployment Picks Up As Bailout Slows - Douglas McIntyre, 24/7 Wall St.

850P: Continued, re Ben Bernanke turns to Sixty Minutes to explain himself: why?  China Needs Another $2 Trillion of Treasuries - William Pesek, Bloomberg  What Would Smith, Keynes, Marx & Schumpeter Say? - Paul Kennedy, FT


905P:  Daveed Gartenstein-Ross, Foundation Defense Democracies, re what we know now re the September 6, 2007 IAF air assualt on the secret Syrian site(s) in Eastern Syria, re what we knew then and what we know now, re  "The Attack on Syria's Al-Kibar Nuclear Facility."   If Washington does attempt to engage Syria, it cannot simply ignore al-Kibar. Syria's apparent nuclear development and subsequent deception reinforce pre-existing concerns about the country's interest in regional peace and stability. Pretending that the al-Kibar incident did not occur would send the wrong signal to Syria and other potentially dangerous proliferators in the Middle East.

920P:  Roy S. Neuberger, author, "2020 Vision, a novel," re the dystopian future when a terrorist attack disorients New York City and sends a mystical J ewish citizen on a quest to reach his children in New Jersey and Israel, re the The Problem with 'Blaming the Jews' - Wesley Pruden, Washington Times  The Israel Lobby Claims Another Victim - Amitabh Pal, The Progressive

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935P: Bill German, author, "Under Their Thumb: How A Nice Boy From Brooklyn Git Mixed Up with the Rolling Stones (And Lived to Tell About It), re the long strange fanzine pursuit of the Rolling Stones characters (cartoon figures who were sentenced to organic life by an amused creator) by a soft-spoken, pleasant, earnest teenager in the late 1970s.  Thirty years later, the stories are mild and odd.  Mick Jagger is a cheapskate with charm and not much to say: the others are stoned too much to summarize.  Meanwhile the pop music remains rebellious.

955P: Exeunt re Gordon Chang, Forbes.com, re Kim Jong Il and the DPRK antics of missiles, borders, and mobilization.

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KFI-AM 640 Los Angeles, 7-10P Pacific Time.

705P PT:  Tennille Tracy, Dow Jones, re the most dangerous game, trading the VIX in a bear market, re brokerage firms make it difficult, re the allure of risk in a financial crisis, Siren Call for Risky Options Trade

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720P: Jess Bravin, Wall Street Journal re Khalid Sheik Mohammed and his 9-11 conspirators write a letter to America claiming they are "terrorists to the bone," re the strange case of KSM, self-confessed mass-murderer, re the Obama administration removes the "enemy combatant" label from the Guantanomo prisoners.

735P:  Professional Roundtable with Diana West, DianaWest.com, Larry Johnson, No Quarter and State (ret), re Signs of Confusion from Obama, Geithner - Byron York, D.C. Examiner  Summers: Recovery Timing Unclear

750P: Continued  with Margaret Hoover, re Are Michael Steele's Days at the RNC Numbered? - Rick Moran, PJM, 

805P: Professional roundtable with Craig Unger, Vanity Fair, Bill Whalen, Hoover, John Avlon, DailyBeast.com, re Poll Numbers Are Falling Back to Earth - Schoen and Rasmussen, WSJ

820P:  Continued with Calif. Faces Growing Budget ShortfallPlaying the Economic Blame Game - Joel Stein, Los Angeles Times

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835P:  Rebecca Christie, Bloomberg, with Simon Constable, Dow Jones, re the G2o finance minister meeting in London as preparation for the big meeting on April 2, re the disputes and the disappointments, re gaming the Global New Deal.  G20 Cooperation Will Solve the Crisis - Alistair Darling, Wall Street Journal

850P:  Bob Zimmerman, author, "Universe in a Mirror," re the delayed shuttle Discovery launch, re operator error, re is this Jonah at NASA, re water on Mars?

905P:  Dawn Wotapka, Dow Jones, re Foreclosed Houses Haunt Home Builders  Home builders face competition from foreclosures. Small builders are dying by the dozens, while some large ones are staying afloat by cutting expenses.

920P: Mary Kissel, Asia Wall Street Journal,  U.S.: China Debt Fears Unfounded  China Needs Another $2 Trillion of Treasuries - William Pesek, Bloomberg
kepler go.jpg935P: Alan Boss, author, "The Crowded Universe: The Search for Living Planets," re with the successful launch of the Kepler robot (left, launch from Cape Canaveral 3/6/09), the search for exoplanets now fixes upon finding how many Edens in a tiny piece of the Milky Way near the constellation Cygnus, and from that number (estimated 50-110) we can speculate that there are 100 million Earth like planets in the habitable zone around a G-Type star. 

955P: Exeunt, Politics as Usual? - Ignatius  9 So the affair began, and those who were not privy to the plot were filled with consternation and horror at what was going on; they dared not fly, nor go to Caesar's help, nay, nor even utter a word. 10 But those who had prepared themselves for the murder bared each of them his dagger, and Caesar, hemmed in on all sides, whichever way he turned confronting blows of weapons aimed at his face and eyes, driven hither and thither like a wild beast, was entangled in the hands of all; 11 for all had to take part in the sacrifice and taste of the slaughter. Therefore Brutus also gave him one blow in the groin. 12 And it is said by some writers that although Caesar defended himself against the rest and darted this way and that and cried aloud, when he saw that Brutus had drawn his dagger, he pulled his toga down over his head and sank, either by chance or because pushed there by his murderers, against the pedestal on which the statue of Pompey stood. 13 And the pedestal was drenched with his blood, so that one might have thought that Pompey himself was presiding over this vengeance upon his enemy, who now lay prostrate at his feet, quivering from a multitude of wounds. 14 For it is said that he received twenty-three; and many of the conspirators were wounded by one another, as they struggled to plant all those blows in one body. -- Plutarch

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Sunday March 8, 2009 NY, DC, SF, LA

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"Detroit Nation" Special  GM warns it may be forced into bankruptcyWashington Post   At Novi job fair: 1400 engineers, no Detroit automakers Detroit Free Press  

705P ET:  Mary Anastasia O'Grady, Wall Street Journal, with Simon Constable, Dow Jones, re Hugo Chavez consolidates dictatorial power in a socialist oligarchy, consolidating oil-service contracts, reawakening gold mining, seizing food companies, re oil rich Venezuela anics in the worldwide finacial crisis, re hard times for an anarchist. Chavez wins vote to scrap Venezuela term limits Chávez steps up nationalisation drive with seizure of Cargill mill  Chávez hopes for Midas touch

720P:  Nirmala Menon, Wall Street Journal, re Canada's crashed economy, re Canada output shrank like denim in the final quarter 2008, re the commodities crash in Canada and the collapse of automobile manufacturing and industrial growth, re more cars are manufactured in Ottawa than in Michigan, re What NAFTA?

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735P: Professional Roundtable,  John Fund, Wall Street Journal, Mona Charen, NRO, Jodi Schneider,CQ, re the "horrendous" job loss numbers, re the Obama budget goes to Congress and runs into the GOP Senate veterans.

750P:  Continued re controlled grief and rage of the high-end employed toward the job losses, the foreclosures, the plunging markets, the worldwide malaise, the strange detachment of the White House and the certainty of higher taxes.  Horrendous! There can be no other word to describe this employment report. Adding in the revisions to December and January, there are more than 800,000 fewer jobs in February than were previously reported for January, while the unemployment rate is higher than at any time since December 1983. Unfortunately, the weekly jobless claims data suggest more of the same is coming for March.

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805P:  Kevin Kingsbury, Dow Jones, with Simon Constable, Dow Jones, re the slow motion torture of Ford and Detroit (right, unemployment lines Detroit, 1980):  Ford Aims to Restructure Debt Ford announced plans to retire up to $10.4 billion in debt, or 40% of the car maker's total, by paying debt holders cash and stock.  Moody's, S&P Cut Ford Credit Ratings  Ford Reports Bleak FebruarFord posted a 48% drop in U.S. light-vehicle sales for February. Other auto makers will report later in the day. GM's European Operations Low on Cash 

820P:  Malcolm Hoenlein, Conference of Presidents, re the HRC visit to Jerusalem and Ramallah, Clinton on European charm offensive, re the HRC invitation to Iran to join in Afghanistan talks, Clinton to open negotiations with Syria, re the strange offer of quid pro quo on Iran nukes to Moscow.

835: Financial Roundtable, Barron's John Tamny, RealClearMarkets.com, Simon Constable, Dow Jones,  Aaron Task, Yahoo Finance, re the stress test that is not a stress test, re the markets tell Treasury that Citigroup and Bank of America are nationalized, and does Treasury hear?

850P: Continued, re the Fed and the dollar, defending what?  Re Kansas City Fed President Thomas Hoenig points to the fact that the market has already nationalized.


905P:  Robert WrightFinancial Times, with Simon Constable, Dow Jones, re Piracy brings rich booty to Somalia  After the ransom for the Sirius Star, the highest-profile victim of Somali piracy, was delivered in January, an impromptu beach party started near Hobyu, the southern Somali town where it had been moored.

920P:  Aaron Klein, WND, re the HRC visit to the region, re the conversations with Bibi Netanyahu vs the conversations with M. Abbas, re the pledge of aid to Gaza despite the Hamas gangsters, re the bulldozer terror attack by yet another East Jerusalem resident, shot dead at the scene.

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935P:  Daniel Mark Epstein, author, "Lincoln's Men: The President and His Private Secretaries," re John Nicolay and John Hay, who lived in the White House, across the hall from the president's office, and also William Stoddard, who all spent more time with Lincoln than anyone else outside his immediate family.

955P: Exeunt re "Detroit Nation," with Thaddeus McCotter, 11th Michigan (Livonia) (right, Detroit riots 1967), White House Holds Autos Meeting  Geithner and Summers plan to hold an auto task force meeting Friday at the White House to discuss restructuring efforts at GM and Chrysler.  GM More Open to Bankruptcy

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KFI-AM 640 Los Angeles, 7-10P Pacific Time.

705P PT:  Alan Murray, Wall Street Journal, with Simon Constable, Dow Jones, with Thaddeus McCotter, 11th Michigan (Livonia), re the the middle managers who are swept aside in the layoffs and left adrift, neither wealthy nor highly employable, re is this a deep recession or a depression and does it signify, re the story so far of the sharpest plunge in employment perhaps since 1948 (right, jobless in North Miami) -- a generational sell-off?

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720P:  Michael Ramsey, Bloomberg, with Simon Constable, Dow Jones, with Thaddeus McCotter, 11th Michigan (Livonia), Chrysler Talks Stall as Banks Balk at Trading Loans for Equity:  Chrysler must reduce its debt by $5 billion by getting creditors such as JPMorgan Chase & Co. to trade debt for an ownership stake or by changing loan terms in order to be viable.  Banks have little incentive to trade their loans, and the only other creditors Chrysler lists that could take more equity for debt are the U.S. government and the United Auto Workers union, which already has agreed in principle to reduce its obligation by 50 percent.  US admits rising automaker uncertainty

735P:  Professional Roundtable with, Larry Johnson, No Quarter and State (ret), Ann Marlowe, Wall Street Journal, Tunku Varadarajan, Forbes.com, re Afghanistan and Pakistan policy from the new Obama administration, re the semi-surge, re the deterioration of Pakistan, re the Lahore attack on the Sri Lanka cricket team. Miliband warns of 'mortal threat' to Pakistan  Foreign Secretary calls on the troubled country's political leaders to unite against homegrown extremists

750P: Continued  with Thaddeus McCotter, 11th Michigan (Livonia), re the HRC invitation to Iran in the upcoming Afghanistan conference.   No withdrawal date for US troops in Afghanistan - Missile rethink would leave Polish and Czech leaders twisting in the wind - Obama urged to take tough Iran sanctions   Obama woos Putin

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805P: Professional roundtable with Jim McTague, Barrons, Bill Whalen, Hoover, John Avlon, DailyBeast.com, re the "horrendous" jobs report for February, re the Obama budget goes to Congress and runs into the GOP Senate veterans. US unemployment

820P:  Continued with Thaddeus McCotter, 11th Michigan (Livonia), re the extreme spike in unemployment, extreme spike in foreclosures and houses underwater in California, Nevada, Arizona, re the patience of the public with the new administration.  Obama says health reform cannot wait

835P: Dennis Berman, Wall Street Journal, with Simon Constable, Dow Jones, re the weird parallels between the Great Depression and today, re the confusion and despair in the 1930s as the economy sagged, rose and then sagged deeper several times, 1933, 1935, 1937, re the difficulty of historical parallels.  History Tugs Back Recovery Hopes 

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850P:  Bob Zimmerman, author, "Universe in a Mirror," re the Kepler launch on Friday 3/6/09 and the Kepler mission to find 50-100 Edens in the Northern Hemisphere sky (right the Kepler mirror), re the continuing evidence of Jonah at NASA with regard phony parts in the Kepler mission, re does the Obama administration disdain space?

905P:  Jim Rogers, Rogers Holdings, from Singapore,  re the "horrendous jobs number in the US, re the brewing trouble with the report that the Treasury bail-out if AIG has included at least $50 billion passed through to foreign based banks:  Top U.S., European Banks Got AIG Aid  At least two dozen financial firms, including Goldman and Deutsche Bank, have been paid about $50 billion since the Fed extended aid to AIG.

920P: Gordon Fairclough, Wall Street Journal,  from Shanghai, re protectionism and China, re China Tightens Food-Safety Laws   China deflates Asian share market hopes.

935P:  Edward Humes, autor, "Eco Barons: The Dreamers, Schemers, and Millionaires Who Are Saving Our Planet," re the ecology and environmental opportunities for entreprenurs and  crusaders.

955P: Exeunt, Lou Ann Hammond, re the fate of GM, Chrysler and Ford: Will the Ford family divest?  (Below, the National Recovery Administration, 1933-35, and the claim of 4 million jobs created.)