RNC Chairman Michael Steele truly is the gift that keeps on giving for the Democrats.

Does anyone believe for a nanosecond that his succession of “gaffes” (which to be fair, sometimes just consisted of telling the truth or not being an extremist whackaloon) were all just clever ploys to reconnoiter the “chessboard” or whatever? I guess that’s why he felt it necessary to make groveling apologies and pathetic clarifications after each one, huh.

RMR: Where’s Iggy?

“I can’t help but wonder… Does he have any opinions on anything, because I haven’t really heard them. In fact, Tory backbenchers have more to say about public policy and most of them have had their tongues removed.”

I’m sure Ignatieff fans will be quick to rebut Mercer’s assertion that “the only thing we really know about Iggy is his resumé” but I have to admit that when I watched this last night, it did seem to ring somewhat true. Perhaps it could be argued that he’s being deliberately reserved so as not to prematurely (and unnecessarily) expose himself to the Conservative’s sleazy attack machine, but even so, that seems like rather a lame excuse, doesn’t it?

Passion of the Levant

Ezra Levant spends an entire hour (minus short breaks for oxygen — and commercials) righteously fulminating on The Michael Coren Show. More at his fundraising and self-promotion website.

It’s hard to take issue with much of what Levant has to say here and although I haven’t read the book, I’m fairly certain that I’d concur with his vehement loathing of the HRCs — in practice, if not entirely in principle.

One minor quibble regarding the interview… Levant repeatedly moans about the onerous, unrecoverable legal expenses that he incurred exonerating himself as publisher of the Western Standard, which strikes me as a bit odd considering that he’s a lawyer and could therefore have quite adequately represented himself (with the usual caveat of having fool for a client, of course). Moreover, as he observed when regarding the Byfields case, “What was the point of having lawyers? There were no laws being followed.”

Too Big to Fail… Or Just Too Big?

“It’s over — we’re officially, royally fucked. No empire can survive being rendered a permanent laughingstock, which is what happened as of a few weeks ago, when the buffoons who have been running things in this country finally went one step too far…”

“The Big Takeover” is Matt Taibbi’s lengthy, righteously furious and necessarily profane article in Rolling Stone; a must read that lays bare the perfidies of Wall Street and the antics of its corrupt malefactors in Washington. Depressingly, it also explains why almost no one responsible is getting what they deserve.

Here’s some gems from the piece. First, the game that the insurance giant AIG was playing.

“Liddy conveniently forgot to mention that when AIG finally got up from its seat at the Wall Street casino, broke and busted in the after dawn light, it owed money all over town. Or that this was a casino where middle-class taxpayers cover the bets of billionaires.”

Next, here’s Matt Taibbi on the consequences of letting Hank Paulson, the man who once led Goldman Sachs, dictate the terms for preventing economic meltdown.

“The reality is that the worldwide economic meltdown and the bailout that followed were together a kind of revolution, a coup d’état… the gradual takeover of the government by a small class of connected insiders, who used money to control elections, buy influence and systematically weaken financial regulations.”

And finally, here’s the worst rub of the story…

“But wait a minute,” you (the taxpayer) say to the Wall Street types… “Why are we even giving taxpayer money to you people? Why are we not throwing your ass in jail instead?” Yet these are the people in whose hands our entire political future now rests.”

Update: While many people have seen their investments, retirement funds or entire life savings obliterated in the economic meltdown, according to Alpha Magazine, the world’s 25 top-earning hedge fund managers raked in a staggering $11.6 billion last year — the third-best haul on record since the industry magazine began compiling its rankings eight years ago.

Teabaggers Meet-Up

Video of a meet-up group in connection with Glenn Beck’s kooky “9/12 Project” (aka “We Surround Them” or as one wag put it “Criagslist for Republicans”) which is a mad-as-hell, quasi-libertarian, anti-government grassroots movement that’s helped to revive the lachrymose demagogue’s career on Fox News (more about that here and here.)

I can’t help but wonder if Beck’s career track will follow that of another (fictional) “Angry Man of the Airwaves” once he too runs out of bullshit.