Friday Open Thread

Filed in National by on April 16, 2010

It’s time for a TGIF open thread. Share your thoughts, both deep and shallow with your fellow addicts posters right here.

Washington Mutual Bank was the biggest Savings & Loan bank failure in the history of the U.S., with $307B in assets when in failed in September 2008. The Senate is investigating the failure of WaMu, among other banks and found that WaMu liked to party, as well as pat itself on the back while doing it.

But a 2006 WaMu retreat produced one of the more cringe-worthy moments of the mortgage meltdown: Lenders, on the eve of their industry’s collapse, singing “I Like Big Bucks” to the tune of Sir Mix-a-Lot’s 1992 hip-hop hit “Baby Got Back.”

“I like big bucks and I cannot lie/You mortgage brothers can’t deny,” sang the WaMu rappers.

The presentation, which included cheerleaders moving in time to the music, and choreographed moves by the singers, continued:

“That when the dough roles in like you’re printin’ your own cash/
And you gotta make a splash/
You just spends/
Like it never ends/
Cuz you gotta have that big new Benz/
All of that bling you’re wearin’/
Shining so bright peoples starin’/
It’s crazy, I gotta ski Aspen/
That’s all I’m askin’”

Oh please let someone find the video of this.

The Democrats’ plan to force Republicans to either stand with Wall Street banks or stand with the people may be working. Mitch McConnell does not have a unified caucus to block the financial regulatory reform:

Senate Republican Leader Mitch McConnell (Ky.) does not have enough solid commitments from GOP lawmakers to block consideration of a Democratic Wall Street reform bill.

McConnell has circulated a letter within the GOP conference that would have Republicans pledge to block a motion to proceed to a financial regulatory reform bill unless Democrats agree to reopen it for bipartisan negotiations.

The hold-out that we know of right now is Maine’s Susan Collins. The Democrats plan on introducing the bill to the floor next week. Hopefully we’ll get more footage of Mitch McConnell being called a liar as he reads almost word-for-word from a Luntz memo.

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Opinionated chemist, troublemaker, blogger on national and Delaware politics.

Comments (15)

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  1. liberalgeek says:

    That when the dough roles in like you’re printin’ your own cash

    Even the bankers use crappy English. It’s rolls.

  2. anon says:

    How sick is it that Carper backs unemployment extension is news.

  3. MJ says:

    Supposedly Scott Brown is also on-board with Collins. I’ve heard reports that there are as many as 8 GOP Senators who may support the bill.

  4. Some weeks ago, there was a big controversy about the draft social studies standards passed by the State Board of Education down here in Texas. I promised you folks that I would provide links to the standards when they were published for public comment before final revision and adoption.

    The new standards were posted yesterday, and I’ve supplied a link to them and to the public comment email address for any interested parties. I’m quite serious — any sincere and constructive recommendations anyone wants to make may be quite helpful for every student in this state and many others.

  5. P.Schwartz says:

    I admire their endurance!

    “On April 9, 2010, the DC Chapter of Free Republic recorded Five (5) years and 260 consecutive Friday nights at the Front Gate of Walter Reed supporting and honoring our wounded warriors and their families.

    Five years ago, the DC Chapter countered Code Pink’ s hateful and vile anti-war and anti-military protest at the front gates of Walter Reed. It was a confrontative period until the DC Chapter obtained a DC Permit to hold all four corners at the front gate.

    Since then we have manned all four corners with flag waving, sign holding supporters of the wounded warriors and their families.

    We have met and talked with many wounded warriors who come out to talk, and we have enjoyed meeting many Americans from all over the country who have stopped by on Friday night. ”

    Thanks for keeping the smelly hippies away from our brave wounded warriors!

  6. SRC says:

    “smelly hippies”? go after those rat bastard Westboro Baptists.

  7. Code Pink is the moral equivalent of the Phred Phelps Phuckers, only on the Left.

  8. P.Schwartz says:

    Phelps is a Democrat

    Westboro and Code Pink are just different shades of Democrat Crazey

  9. anon says:

    If Phelps is, so is Dick Cheney I suppose. Who else? Judas Iscariot? Hitler? Johnny Lawrence? All Democrats.

  10. anon says:

    Hans Gruber?

  11. anon says:

    Skelator?

  12. Jason330 says:

    Kudos on the poll question.

  13. Tom Degan says:

    If a tree falls in the forest….

    ….does it make a sound if Mitch McConnell is not there to deny that a sound was made?

    http://www.tomdegan.blogspot.com

    Tom Degan

  14. P.Schwartz says:

    anon, google is your friend.