Archive for September, 2008

Newhart/St. Elsewhere/Dallas Watch in Effect

Filed in National by on September 17, 2008 20 Comments

Jason made a prediction a while back that at some point the Dow would hit 10,659 (where it was when GWB took office) and suddenly we would all wake up and realize that it was all a dream and Al Gore had actually been elected.  We are well within striking range of that Dow level.  […]

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The Failure of Deregulation

Filed in National by on September 17, 2008 27 Comments

Jesse Eisinger (who writes for Portfolio Magazine) provides a cogent discussion of how deregulation is at the root of our current meltdown. This video is about 5 minutes long and he makes a good case for the failure of the current attitude towards deregulation:

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Instant Karma, Indeed!

Filed in National by on September 17, 2008 18 Comments

First step — watch the video! You must watch the video first! I’m not kidding. Second step — put down any drinks in your hand. Third step — read the Wonkette’s post. OK, click here now! This is a metaphor for something, but which I can probably deal with once I stop laughing….

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I am for deregulation! Just before I am in favor of it first!

Filed in National by on September 17, 2008 21 Comments

A decade ago, Sen. John McCain embraced legislation to broadly deregulate the banking and insurance industries, helping to sweep aside a thicket of rules established over decades in favor of a less restricted financial marketplace that proponents said would result in greater economic growth. Now, as the Bush administration scrambles to prevent the collapse of […]

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Weeeeeeeeeeeee, it’s only money

Filed in National by on September 17, 2008 2 Comments

Invoking extraordinary powers granted after the 1929 stock market crash, the government seized control of the insurance giant American International Group to preserve a crucial bulwark of the global financial system. The move to lend the Wall Street giant up to $85 billion in exchange for nearly 80 percent of its stock effectively nationalizes one […]

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Honor

Filed in National by on September 16, 2008 16 Comments

[youtube]http://www.youtube.com/watch?v=CK3Y1KPzW9k[/youtube]

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Watch this…OMG HILARIOUS

Filed in National by on September 16, 2008 15 Comments

[youtube]http://www.youtube.com/watch?v=txDWRR5WRFQ[/youtube] around the 45 second mark till the 1 minute mark, watch the background!

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The fundamentals are fine

Filed in National by on September 16, 2008 10 Comments

Did you know that Lehman brother’s paid out 8.7 billion in bonuses in 2006? [The CEO] Fuld, 62, was paid $40 million last year when New York-based Lehman posted record earnings, and about 98 percent of his compensation was in a bonus. Man, I really hope his family can make it through these tough times. […]

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Gotta Love Developers

Filed in National by on September 16, 2008 10 Comments

I am currently sitting at the New Castle County Council meeting.  They are currently discussing the LaGrange development.  This is Nancy Willing’s big interest and she has been fighting Pam Scott over it for years. Here’s my favorite part, the developer is going to name the streets after Revolutionary War Generals.  I laughed at this […]

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QOTE

Filed in National by on September 16, 2008 8 Comments

If Muslim men get 72 virgins when they blow themselves up, what do muslim women get?

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Irony or just a coinkydink?

Filed in National by on September 16, 2008 27 Comments

Cookie Jill over at Skippy’s place reminds us that the global head of Lehman Brothers’ investment management division is…. George Herbert Walker, Bubble Boy’s cousin. Guess it runs in the family! h/t suburbanguerrilla

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Beau on Leno?

Filed in National by on September 16, 2008 7 Comments

Tune in to NBC’s Tonight Show with Jay Leno tonight to catch special guest Delaware Attorney General Beau Biden.   Beau is scheduled to appear between actor Shia LaBeouf and rapper Nelly.  

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Fiorina Torpedoes the Talking Point

Filed in National by on September 16, 2008 20 Comments

Priceless: [youtube]http://www.youtube.com/watch?v=CnBXXssj0KY[/youtube] How many times have you listened to repubs drone on about how business experience specifically prepares you to run a government?  And now you have it — here is a business leader (even one run out of their corporations on a rail, like Fiorina) who pulls open the curtain to note that running […]

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