Friday, October 10, 2008

The Troopergate Bomb Drops

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Sarah Palin has been found to have " violated the public trust" of Alaska . Republican vice presidential nominee Sarah Palin abuse...
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History Says We're Fine

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The Republicans are clinging to today's John Steele Gordon piece in the WSJ like it was the last lifeboat on the Titanic. The theme? T...

The Nationalization Of US Banks Begins

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I'm watching Hank Paulson on TV right now officially announce his plan to purchase stock in US banks to shore them up. U.S. Treasury Se...

Don't Make Me Pull This Global Financial System Over

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With the promise of unprecedented global financial action resulting from the G7 meeting today giving a last hour boost to the Dow and basi...

The Dragon Eats Its Own Tail

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John McSame made it a point to announce "his mortgage plan" at the debate on Tuesday. Since then, the wingnuts have completely tu...

Last Stand At The Alamo

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When Paul Krugman sounds like Nouriel Roubini , you know the fecal matter has impacted the oscillator here on a day where the Dow is down 50...

Chaos Erupts, And You Are There

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Dow hovering around the 8,200 mark at noon or so. It was down below 8,000 before bargain hunting began, but it's still waffling. Grain ...

Wells Fargo Wins Wachovia

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Citigroup has pulled out of talks for Wachovia, paving the way for Wells Fargo to become the third largest bank in the country . Banking gia...

Welcome To Global Death Spiral, Inc

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We're starting to see the organs in the global financial "body" fail in real time. Nikkei dropped 10 percent last night, Euro...

StupidiNews!

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The Troopergate report on whether or not Sarah Palin abused her power in office as Alaska Governor is to be released today . Global "pa...
Thursday, October 9, 2008

Global No Confidence Vote: Bush Boom Kaboom

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October 9 is a very important date in the recent history of the Bush Economy. On October 9, 2002 , the Dow hit its lowest point so far ...

The Wingnut Obsession With Patrick Swayze

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Behold the glory that is Jonah Goldberg on Red Dawn . My old friend Dave Plotz's piece on Red Dawn (Kathryn linked below) is close to a...

Vegeta, What Does Your Stock Ticker Show?

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..."IT'S UNDER NINE THOUSAAAAAAAAAAAAAAAND !!!" Stocks tanked Thursday afternoon - with the Dow falling nearly 700 points duri...

One Good Thing About The Financial Crisis

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...it may do what Washington politicians refused to do: cut defense spending . In the fiscal year that just ended, the U.S. spent $694.2 bi...

Throwing More Money At The Problem

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Hank Paulson's next plan? Use the UberBailout to directly recapitalize banks. The U.S. Treasury Department plans to start directly inje...