America’s Next TARP Model
A Bloomberg report reveals that the U.S. government loaned banks $7.7 trillion in secret bailout funds at no interest and then borrowed the money back at interest.
Tag: TMC Meta
Dec 04 2011
Rant of the Week: Jon Stewart
Nov 23 2011
What’s Cooking: Don’t Throw That Turkey Carcass Out
Republished and edited from November 25, 2010 for obvious timely reasons.
I know by tomorrow tonight you will be sick if looking at the remnants of dinner, especially that turkey carcass but you aren’t done with it yet. I’m going to walk you through making turkey stock.
First you will need a big pot, I mean big like the one you use to cook spaghetti big, at least big enough to hold the turkey carcass and cover it wiht water. Mmmm, say about 8 quarts big. I know you have one somewhere.
Next your going to peel an onion, slicing off the top but leaving the stem part intact. Cut it in half through the stem. Gather some whole carrots and a few celery stalks (don’t cut off the leaves that’s where the most flavor is). Peel some garlic, as much as you’d like (we like a lot) but at least two cloves, leaving it whole. Take some of the herbs that you used to season the turkey with and three or four bay leaves and set it aside in a bowl for a minute.
Now, put the turkey in the empty pot to make sure it fits. If it doesn’t you have a couple of choices the easiest of which is to cut the carcass into sections so it fits into the pot you have. Now that it fits, put it on the stove and fill it with cold water using a pitcher (this gets heavy that’s why you’re doing it this way), covering the turkey . Add all the veggies, cover and bring to a full boil. Turn down the heat and let it simmer for about 3 or 4 hours, stirring occasionally and scraping the loose meat off the bones.
With most of the meat off the bones, remove the bones with a large slotted spoon or scoop and discard the bones. If it’s cold enough out side where you are, put the pot outside to cool. If it’s cold enough the fat which will float to the top will solidify and can be easily removed with a spatula.
Now strain the stock through a sieve lined with cheese cloth. Discard all those vegetables, the flavor is now all in the stock. Add new vegetables; chopped carrots, cubed potatoes, thinly sliced celery, soup greens such as kale, collards, chopped savoy cabbage or escarole, sliced onions, fresh herbs, and last but not least, pasta.
If you have a lot of stock, it can be frozen. I save the pint and quart plastic containers from the Chinese take out. They are also useful to put chicken and meat bones so my talented cats can’t get into them. Bones are not good for kitties.
The stock is also great for making Risotto with Wild Mushrooms. You’ll need
* about 8 cups of stock. If you don’t have enough turkey from your stock, College Inn makes a very good Turkey broth but it won’t be as good as yours.
* 2 cups of Risotto or Arborio Rice
* about 3 tbsp of Olive Oil
* 3 tablespoons of butter, unsalted
* 1 pound of fresh wild mushrooms such as portobella, crimini (baby portabella) or shiitake. I like shiitake best but usually use half and half. The mushrooms should be cleaned with a soft paper towel or soft brush.
(I have a soft brush just for mushrooms. I also have a truffle slicer. 😉 )
* 2 tablespoons fresh tarragon leaves, chopped, or 1 tbsp dried
* 2 tablespoons fresh flat leaf (Italian) parsley, the other parsley, curly, is very rarely used in cooking. Its mostly a garnish.
* 2 large shallots chopped or a small onion
* 2 cloves of garlic, chopped.
* 1/2 cup dry white wine, something you would drink with the risotto.
* 2 tablespoons of fresh grated Parmesan cheese
Heat the broth in a sauce pan and keep it warm over low heat.
Heat two tablespoons olive oil in a large skillet and add the garlic. Fry until it just begins to color, then add the mushrooms and tarragon. Season to taste with salt and pepper and cook, stirring frequently, for about 20 minutes.
Meanwhile, heat two tablespoons butter in a separate skillet. Soften the shallots in the butter. Add the rice and saute for a couple of minutes, stirring, so the rice becomes coated with the butter. Add the wine and bring to a boil. When it has evaporated, add one-half cup of the hot chicken stock.
Keep adding the hot broth, one-half cup at a time, to the rice. Continue until the rice has absorbed nearly all the liquid. The rice is done when it is creamy, but al dente.
Stir in the remaining butter, the mushrooms and the Parmigiano Reggiano. Mix gently, garnish with a few leaves of tarragon and serve.
Bon Appétit!
Nov 22 2011
What’s Cooking: What to Drink with the Turkey
Republished from November 24, 2010 for obvious timely reasons.
Now that we are done with cooking directions for the big day, time to pick the beverage that will not just accompany this spectacular meal but compliment the main course, the sides and deserts.
My usual choices for the wine is to have choices, serving both reds and whites. Cabernets and Sauvignon Blanc can be respectively too heavy and too acidic while the Chardonnays can be too oaky.
Don’t be afraid to ask the your wine merchant for suggestions. There are many very fine wines for those on a budget. Here are some of my suggestions:
Beaujolais Nouveau is the “first wine of the harvest” and the 2010 has just been released, This is a very “young” wine that spends little time in the cask between picking and bottling. It is traditionally released on November 21 with great fan fare among wine around the world. It is light and fruity, should be served chilled. It goes well with not just the turkey but everything from the appetizer cheese course to sweet potatoes and dressing to that pesky once a year veggie, Brussel Sprouts, not an easy feat. It is also inexpensive at less than $10 a bottle, the magnum is usually even more economical.
Pinot Noir is another good choice but not easy to find one that has some flavor and can be a little “pricey”, although there good ones in the $10 range.
For the whites there are two that I choose from Pinot Grigio or a slightly sweeter Riesling.
Pinot Grigio or Pinto Gris is a young fruity wine and depending on the region can be full bodied and “floral” to lighter, “spritszy” and a little acidic. I suggest the former and fond that the Pinot from Barefoot Cellars fits the bill and the pocketbook.
Riesling can be found in the German section and look for a Gewurztraminer or a slightly sweeter Spätlese.
The there is beer for those who prefer some foam and fizz. These are the suggestions from the Brewers Association:
* Traditional Turkey – Amber ale or a lager like Oktoberfest, brown ale or a strong golden ale like triple
* Smoked Turkey – a hoppy brown ale, Scotch ale or porter
* Pumpkin pie – Spiced ale, winter warmer or old ale
Nov 20 2011
Rant of the Week: Keith Olbermann
In a Special Comment, Keith contextualizes Mayor Bloomberg’s actions against Occupy Wall Street at Zuccotti Park and how they have – unintentionally – vaulted the movement from a local nuisance to a global platform for the disenfranchised.
Nov 20 2011
What’s Cooking: Autumn Succotash, Not Your Usual Suspect
OK. We have covered the Main Event, The Turkey, and two ways you can cook him (or her, if you get a hen), baked or fried so that he’s not just very pretty but very tasty. And we have written about two of the favorite side dishes, dressing , the unstuffed, and sweet potatoes with a new kick, as well as a couple of twists on traditional desserts, pumpkin and meatless mince.
It’s now time to discuss the least, popular dish on the table, vegetables. At our house, my son-in-law has his favorite green been casserole with those crunchy onion crumbles on top, which is not on the top of my list for flavor. This year a Trader Joe’s opened near us and the s-i-l has found a new variation on his favorite dish, which he promises, I’ll like. I will let you know.
My aunt loves succotash but nobody else like the tasteless, gritty, mushy lima beans. When I was a kid that would be the only thing left on my plate. Last year, when she came up for a surprise visit, my daughter, her favorite great niece (and her only one), found a variation on the old standard that our dear aunt loved and I ate.
The recipe calls for edamame. For those of you who aren’t familiar with edamame (the web site is cute) is an immature soy bean that has been harvested before it starts to harden:
The word Edamame means “Beans on Branches,” and it grows in clusters on bushy branches. To retain the freshness and its natural flavor, it is parboiled and quick-frozen. In East Asia, the soybean has been used for over two thousand years as a major source of protein. Edamame is consumed as a snack, a vegetable dish, used in soups or processed into sweets. As a snack, the pods are lightly boiled in salted water, and then the seeds are squeezed directly from the pods into the mouth with the fingers.
Like all soy beans, edamame are a nutritional power house containing carbohydrates, protein, dietary fiber, omega-3 fatty acids and micronutrients, particularly folic acid, manganese and vitamin K. The edamame beans contain higher levels of abscisic acid (a plant hormone), sucrose, and protein than other types of soybean, and may contain carotenoids, which acts as an anti-oxident.
All right enough with the educational blather. You can find edamame in the frozen section of most large supermarkets, like Stop ‘n Shop, ShopRite, etc. The s-i-l found then in Trader Joe’s frozen section already pealed. Woo-hoo! Less work.
Ingredients:
2 slices thick-cut bacon (about 2 ounces), chopped
1 shallot, finely chopped
2 cups fresh edamame or thawed frozen edamame or one 10-ounce package frozen baby lima beans, thawed
1 pound frozen corn kernels, thawed
1/4 cup water
1/4 cup chopped fresh Italian parsleyPreparation:
Heat heavy large skillet over medium-high heat. Add bacon and sauté until fat begins to render, about 1 minute. Add shallot and sauté until bacon and shallot begin to brown, about 3 minutes. Add edamame, corn, and 1/4 cup water and cook until vegetables are tender, about 5 minutes. Transfer to bowl and sprinkle with parsley.
Nov 18 2011
What’s Cooking: Turkey Technology
Republished from November 20, 2010 for obvious timely reasons.
I never went to cooking school or took home economics in high school, I was too busy blowing up the attic with my chemistry set. I did like to eat and eat stuff that tasted good and looked pretty, plus my mother couldn’t cook to save her life let alone mine and Pop’s, that was her mother’s venue. So I watched learned and innovated. I also read cook books and found that cooking and baking where like chemistry and physics. I know, this is Translator’s territory, but I do have a degree in biochemistry.
Cooking a turkey is not as easy as the directions on the Butterball wrapping looks. My daughter, who is the other cook in the house (makes the greatest breads, soups and stews) is in charge of the Turkey for the big day. Since we have a house full of family and friends, there are four, yeah that many, 13 to 15 pound gobblers that get cooked in the one of the two ovens of the Viking in the kitchen and outside on the covered grill that doubles as an oven on these occasions. Her guru is Alton Brown, he of Good Eats on the Food Network. This is the method she has used with rave reviews. Alton’s Roast Turkey recipe follows below the fold. You don’t have to brine, the daughter doesn’t and you can vary the herbs, the results are the same, perfection. My daughter rubs very soft butter under the skin and places whole sage leaves under the skin in a decorative pattern, wraps the other herbs in cheese cloth and tucks it in the cavity. If you prefer, or are kosher, canola oil works, too.
Bon Appetite and Happy Thanksgiving
Nov 17 2011
What’s Cooking: Fried Turkey
Republished from November 23, 2010 for obvious timely reasons.
By now you should have defrosted that frozen turkey and it should be resting comfortably in the back of you refrigerator. If you haven’t, getteth your butt to the grocery store and buy a fresh one because even if you start defrosting today, your bird might not be defrosted in time. I discussed the how to cook your bird to perfection in a conventional oven, now for a method that’s a little daring, deep frying.
Alton Brown, is one of my favorite TV cooks. Good Eats funny and informative, plus, his recipes are easy and edible. I’ve done fried turkey and while I don’t recommend it for health reasons, once a year probably wont hurt. Alton’s “how to” videos are a must watch on safety tips, how to choose a turkey fryer, equipment and, finally, cooking directions. If you decide to try this, please follow all directions carefully and take all the safety precautions.
Below the fold are recipes and more safety tips.
Nov 13 2011
What’s Cooking: Sweet Potato Mash
Republished from April 24, 2011 for obvious timely reasons.
I love sweet potatoes and not just at Thanksgiving. I like them baked, boiled and mashed and dipped in tempura batter and fried. They are great in breads and baked desserts. They are very nutritional, an excellent source of vitamin A and a good source of potassium and vitamin C, B6, riboflavin, copper, pantothetic acid and folic acid. Sweet potatoes are native to Central America, grown in the Southern US states since the 16th century and are in the same family of plants as Morning Glories. The plant is a trailing vine with a large tuberous root.
Sweet Potatoes are often confused with yams which are native to Africa and relate to lilies and grasses. Even though they are both flowering plants, botanically they are different.
The U.S. Department of Agriculture requires labels with the term ‘yam’ to be accompanied by the term ‘sweet potato.’ Unless you specifically search for yams, which are usually found in an international market, you are probably eating sweet potatoes!
A couple of Thanksgivings ago, my daughter decided to ditch the “traditional” candied version topped with marshmallow that would put a normal person into a diabetic coma and went “surfing” for something different. The recipe she found now makes it to our table more often than once a year. It is still sweet but not overwhelming. It’s great served as a side with pork or ham, as well as turkey. Nummy as a midnight snack with a little whipped cream, too.
Ingredients:
4 pounds red-skinned sweet potatoes1/2 cup whipping cream
6 tablespoons (3/4 cup) butter
1/4 cup pure maple syrup
2 tablespoons bourbon
1 1/2 teaspoons ground cinnamon
1 teaspoon ground allspice
3/4 teaspoon ground nutmeg
1 cup walnuts, toasted, choppedPreparaton:
Preheat oven to 350°F. Roast potatoes on rimmed baking sheet until tender, 1 to 1 1/2 hours. Cool slightly. Scoop flesh into large bowl; discard skins. Mash hot potatoes until coarse puree forms.
Heat cream and butter in heavy small saucepan over low heat until butter melts, stirring occasionally. Gradually stir hot cream mixture into hot potatoes. Stir in syrup, bourbon, and all spices. Season with salt and pepper.
DO AHEAD: Can be prepared 1 day ahead. Cover and chill. Rewarm in microwave. Sprinkle nuts over and serve.
Nov 11 2011
29 Bells
It’s been 36 years on Thursday since the ore boat Edmund Fitzgerald sank in a violent storm in eastern Lake Superior taking all 29 crew members with her.
The storm of November 9-10, 1975, ranks among the most powerful to strike the Lake Superior region. Various shoreline reporting stations recorded sustained winds of more than 60 mph, with gusts reaching 85 mph. Conditions on the afternoon of Nov. 9 were peaceful and the lake surface was glassy as the Fitzgerald finished loading taconite pellets at the Burlington Northern docks in Superior, Wis.
Forecasters were predicting a quick change as a storm system approached from the west. Captain Ernest McSorley chose a northeasterly course as he headed the ship to the US Steel plant in Zug Island, Mich., outside of Detroit. This course allowed the ship to hug the northern shoreline of Lake Superior and avoid the full force of the northwest winds.
The Fitzgerald was joined by the ore carrier Arthur M. Anderson, which had departed Two Harbors, Minn. The two ships would brave the trip together.
The Edmund Fitzgerald now lies under 530 feet of water, broken in two sections. On July 4, 1995, the ship’s bell was recovered from the wreck, and a replica, engraved with the names of the crew members who perished in this tragedy, was left in its place. The original bell is on display at the Great Lakes Shipwreck Museum at Whitefish Point in Michigan.
They are the largest bodies of fresh water on Earth: Huron, Superior, Erie, Ontario, Michigan, the Great Lakes. Like the mighty oceans, their floors are tombs, littered with the silent hulks of once proud ships, awaiting someone to tell their stories. While these sleeping giants await the return of the November Witch.
Nov 06 2011
Thoroughly Modern Meatless Mince Pie
Mince pie is a old holiday tradition that can be traced back to 13th century when European crusaders returned from the Middle East with recipes for meats, fruits and spices. Mincing was a way of preserving meats without salting or smoking. The pie has been served at royal tables and, at one time, was banned by the Puritans since it was a symbol of the Pagan Christmas celebration.
Traditional mincemeat pie contains shredded meat and suet along with fruits and spices and cooks for hours. Mostly made with beef, there is a record of a recipe that used whale meat. Today, most cooks buy mince in a jar, like Cross & Blackwell or None-Such, to make pies and small tarts. I use to do that as well, adding chopped apples, walnuts and extra brandy.
Several years ago, I came across recipe for a meatless mince full of apples, dried fruits and lots of spices. It cooks over low heat for about ninety minutes filling the house and the neighborhood with its spicy aroma. This recipe calls for pippin apples but MacIntosh, Granny Smith or any pie variety of apple is a fine substitute. I use a combination. It can be made a week or so ahead of time and kept refrigerated in an airtight container. The recipe will make one pie or about a dozen medium tarts. I like the tarts even though it’s more work making the crusts. For the top crust, I make decorative cutouts with small cookie cutters, shaped like leaves and acorns. I’ve also just made a few cutouts in the top crust and surrounded the pie edge with the dough cutouts.
Ingredients:
3 1/2 pounds small pippin apples (about 7), peeled, cored, chopped
1/2 cup chopped pitted prunes
1/2 cup golden raisins
1/2 cup dried currants
1/2 cup firmly packed dark brown sugar
1/4 cup unsulfured (light) molasses
1/4 cup brandy
1/4 cup orange juice
1/4 cup (1/2 stick) unsalted butter, cut into pieces
2 tablespoons dark rum
1 tablespoon grated orange peel
1 teaspoon grated lemon peel
1 teaspoon ground cinnamon
1/4 teaspoon ground cloves
1/4 teaspoon ground allspice
1/4 teaspoon ground nutmeg
Pinch of saltPreparation:
Combine first 17 ingredients in heavy large saucepan or Dutch oven. Cook over low heat until apples are very tender and mixture is thick, stirring occasionally, about 1 1/2 hours. Cool filling completely. (Can be prepared up to 1 week ahead. Cover and refrigerate.)
Position rack in lowest third of oven and preheat to 400°F. Roll out 1 pie crust disk on lightly floured surface to 13-inch-diameter round (about 1/8 inch thick). Roll up dough on rolling pin and transfer to 9-inch-diameter glass pie plate. Gently press into place. Trim edges of crust, leaving 3/4-inch overhang. Fold overhang under crust so that crust is flush with edge of pie pan. Crimp edges with fork to make decorative border. Spoon filling into crustlined pan, gently pressing flat.
Roll out second disk on lightly floured surface to 13-inch round. Cut out about 28 three-inch leaves using cookie cutter. Press leaves lightly with tines of fork to form vein pattern. Brush bottom of 1 leaf with milk. Place leaf atop mince, overlapping crust slightly and pressing to adhere to crust. Continue placing leaves atop pie in concentric circles, overlapping edges slightly until top of pie is covered. Brush crust with milk. Bake until crust is golden brown and mince bubbles, about 40 minutes. Cool completely. Serve pie with rum raisin ice cream if desired.
(To make this recipe vegan substitute light olive oil for the butter.
Bon appétit!
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