• February 15, 2012

No depressionOh hey look it’s our president, Henry Paulson, finally telling America what he’s going to do to make sure everyone isn’t so poor anymore. We are a little late to the game here since he started talking a few minutes ago but meh, what the hell, let’s give this a look.

10:10 AM — Oh God there are a lot of acronyms in this fellow’s address. More coffee please!
10:11 AM — On MNSBC they are showing the most terrible images next to old Paulson at his podium. Tragic Dow numbers, abandoned stucco mansions with a million foreclosure signs outside, traders wandering aimlessly around Wall Street…Yay, now he’s taking questions!
10:12 AM — Congratulations, taxpayers! You are now the proud owners of HUNDREDS OF BILLIONS OF DOLLARS of bad debt, courtesy of various banks and lenders. Oh Jesus Paulson just RAN off the stage.
10:14 AM — Ha ha, well, that was brief but terrifying! Mika Brzezinski informs us that President Bush will be speaking in half an hour, which we will probably also liveblog, for “fun.”

{ 55 comments }

ManchuCandidate September 19, 2008 at 10:13 am

What is the price of hobo bindle these days?

WaldoJeffersHead September 19, 2008 at 10:15 am

Finally! After years of racking up my own bad debts, I’m able to take on that of countless others.

Elitist Republican Tard September 19, 2008 at 10:16 am

I’m trying to figure out how to short sell McCain shares on Intrade right now.

worrytron September 19, 2008 at 10:17 am

Being afraid of homelessness is so yesterday… haven’t you heard the dow is up 400 already??? BRING OUT THE HOOKERS

Hunter Gathers September 19, 2008 at 10:17 am

Do I have to tell these assholes the same shit I have to tell my old lady: STOP BUYING ME SHIT. I don’t want a bunch of bad mortgages. If I wanted to throw my money down a rat hole, I’d purchase scratch off lottery tickets. Or at least some cronic.

ReelectTilden September 19, 2008 at 10:17 am

[re=101401]ManchuCandidate[/re]: I don’t know, but vittles is mighty dear nowadays.

facehead September 19, 2008 at 10:18 am

“But members of project mayhem have no names.”

“This is a man, and he has a name, and he died because of us. His name was Henry Paulson.”

“I understand. In death, a member of project mayhem has a name. His name was Henry Paulson.”

Serolf Divad September 19, 2008 at 10:18 am

He’s headed down to Paraguay, I believe. I hear he bought a nice property just up the road from Bush.

fuzznuts September 19, 2008 at 10:18 am

I voted for his brother Pat when he was on Laugh in.
Does that make me a viewer of the future or just another
jerk off that watched too much T.V. in the day?

Hunter Gathers September 19, 2008 at 10:19 am

[re=101407]Elitist Republican Tard[/re]: Hate to tell you this, but they suspended short selling this morning. But you are now the proud owner of a bunch of bad debt. Horay!

Cogito Ergo Bibo September 19, 2008 at 10:20 am

It’s really sad that CNN considers Paulson’s “hundreds of billions of dollars are needed to resolve U.S. financial crisis” statement breaking news worthy of a OMG SEND IT!!! email to the universe, while I look at it and basically say, “Right. So it’s Friday. What’s new?” We’re fucked. Plain and simple. Now we’re just describing the billions of irrelevant ways we’re fucked.

Strictly for the Tardcore September 19, 2008 at 10:20 am

Wow, four minutes and it’s over. This must be how Cindy McCain feels.

Hunter Gathers September 19, 2008 at 10:21 am

Brzezinski is still alive? I thought Walnuts killed her with mind bullets on ‘Morning Retard’ the other day.

Serolf Divad September 19, 2008 at 10:22 am

[re=101417]Hunter Gathers[/re]:

Yeah, but debt is like pizza and sex: even bad debt’s pretty good… uh… oh wait… actually, it’s nothing like pizza or sex. Bad debt just plain sucks.

Strictly for the Tardcore September 19, 2008 at 10:22 am

[re=101412]facehead[/re]: WIN

Cogito Ergo Bibo September 19, 2008 at 10:22 am

[re=101421]Strictly for the Tardcore[/re]: He took the George Bush “How to Address the Nation and Retreat in Under 5 Minutes” course.

fuzznuts September 19, 2008 at 10:23 am

[re=101421]Strictly for the Tardcore[/re]:
I’m sure she does, especially since she counts the three minutes
of begging as foreplay.

steve September 19, 2008 at 10:23 am

When the liveblogging of the treasury secretary is about 7 lines long but still manages to include the phrase “just RAN off the stage”… well that’s one of those “unorthodox” economic indicators you right there.

Strictly for the Tardcore September 19, 2008 at 10:23 am

[re=101422]Hunter Gathers[/re]: Can’t use mind bullets if you’re mind is as deteriorated as WALNUTS!’ is.

Nice Tenacious D ref, though.

Walter Sobchak September 19, 2008 at 10:25 am

[re=101412]facehead[/re]: Double Win.

bearbait September 19, 2008 at 10:25 am

[re=101421]Strictly for the Tardcore[/re]: That leaves 3.5 minutes for cuddling!

MrAgro September 19, 2008 at 10:27 am

MSNBC has just stressed to me that borrowers, borrowers, fudging, sneaking borrowers are responsible for it ALL.

Elitist Republican Tard September 19, 2008 at 10:27 am

[re=101417]Hunter Gathers[/re]: Not on Intrade – and it’s not like the uptick rule stopped short selling, it just made people write fancy put option contracts between themselves.

So,

FOR SALE!
1 billion shares of McCain/Palin!
Only $40/share!!!!

agentstinky September 19, 2008 at 10:28 am

Ah man, I was hoping he would dance/shuffle, or maybe be pulled off the stage by a GIGANTIC CANE while tomatoes were thrown at him. VAUDEVILLE!

dano September 19, 2008 at 10:28 am

Ha ha ha! I’ve got nothing to worry about. I’ve always been poor. I feel sorry for those waspy douches that’ll have to start eating ramen noodles and government cheese though. Cheer up! Bad nutrition is character building!

Cape Clod September 19, 2008 at 10:28 am

Can we just tie a bow on this business and call it “The Week Where No One Knew What The Fuck Was Going On?”

Hunter Gathers September 19, 2008 at 10:28 am

[re=101428]Strictly for the Tardcore[/re]: That’s telekenesis, Kyle.

Elitist Republican Tard September 19, 2008 at 10:30 am

BTW, on a totally unrelated note, does anyone have 1 billion shared of McCain/Palin Intrade stock I can borrow? I’ll totally give it back, in like, three or four weeks.

Hunter Gathers September 19, 2008 at 10:30 am

[re=101435]MrAgro[/re]: Larry Kudlow blamed it on poor people yesterday on ‘Morning Retard’. When in doubt, blame the poor. You’re such a class act Larry!

Hairy Reed September 19, 2008 at 10:31 am

[re=101407]Elitist Republican Tard[/re]: I’ve been trying to figure out how to do that all week.

Hunter Gathers September 19, 2008 at 10:31 am

[re=101436]Elitist Republican Tard[/re]: Does Intrade accept internet money? I was the genious behind 2 Girls With A Cup.

2druk2phluq September 19, 2008 at 10:32 am

[re=101413]Serolf Divad[/re]: Time to sell my jungle estate in Paraguay. I just heard the neighborhood’s gone to shit.

Serolf Divad September 19, 2008 at 10:33 am

[re=101422]Hunter Gathers[/re]:

She’s that girl who you sometimes see bringing coffee to Scarborough and Buchannan.

Rush September 19, 2008 at 10:33 am

My 401k is an “evil doer”

Hunter Gathers September 19, 2008 at 10:34 am

[re=101448]Serolf Divad[/re]: I thought her official designation was ‘fluffer’.

Cogito Ergo Bibo September 19, 2008 at 10:35 am

[re=101444]Hunter Gathers[/re]: Well, the poor shouldn’t have bought houses! It’s totally their fault.

Kidding. I saw that too. I did enjoy the fact that Joe kept throwing it back at Kudlow for close to a half an hour.

NoWireHangers September 19, 2008 at 10:39 am

We are SO fucked.

Even if Barry wins, which he will, he has to clean up this shit, and if he fails to make everything perfect, will be blamed for the mess and sacked in 4 years. Then it’ll be back to the idiot leadership that got us in this mess.

Maybe the utter SHIT of this whole situation–you know the government bailing out greedy motherfuckers and idiots with my tax money that could be used to provide me with oh, healthcare–would at least be soothed if SOMEONE would be held accountable for something. Maybe Bush & Co. could be tried and killed? Maybe we could pass some STRICT REGULATION for the financial sector? OR maybe we’ll just throw money at Wall Street and watch the country burn. ASSHOLES. GIVE ME MY MONEY, BITCH!

dano September 19, 2008 at 10:39 am

This is the fault of the poor! After all, they spend all their money on food, rent, and gasoline and none on investments. Fucking assholes.

bago September 19, 2008 at 10:40 am

Goddammit. I have to give a presentation to a VP at 10:30 am and make a bank run before noon. Hopefully I’ll be good and drunk by three.

freakishlystrong September 19, 2008 at 10:42 am

NOW can I get my “we’re fucked” tag, please? If that’s too vulgur, how about “to hell in a hobo handbasket”?

SayItWithWookies September 19, 2008 at 10:42 am

So since we’ve bailed out a bunch of rich bastards, they’re going to stop talking about how they’ve achieved success the old fashioned way — with hard work and independence and no handouts from the government, right? Oh — okay. Well. I certainly hope all that smugness makes them taste better, then.

Cape Clod September 19, 2008 at 10:43 am

[re=101443]Elitist Republican Tard[/re]: I have a better idea. I’ve got a scheme to loan money to poor people who have no possible means of paying me back. Then I’m going to sell the debt in the form of bonds to a bunch of smarty pants douchebags. You want a piece of that?

Strictly for the Tardcore September 19, 2008 at 10:44 am

[re=101455]NoWireHangers[/re]: See, it’s been eight (maybe sixteen) years since this happened, but I fully expect Barry to actually, uh, I dunno, work hard when he’s in office, rather than heading back to his filthy elitist ranch ever other week to mow the lawn and fuck a local schoolgirl. So I think he can start pulling this shit around.

Lazy Media September 19, 2008 at 10:45 am

Sickly Sam, I wish you’d just leave us alone.

http://www.homestarrunner.com/parsnips.html

Strictly for the Tardcore September 19, 2008 at 10:48 am

[re=101464]Strictly for the Tardcore[/re]: Forget it, I fail at using tags. *hangs head in shame*

Elitist Republican Tard September 19, 2008 at 10:55 am

[re=101462]Cape Clod[/re]: I’ve got a futures contract on a bridge in Alaska that I’d like to sell you.

TGY September 19, 2008 at 11:04 am

Fuck the fucking fuckers!

grendel September 19, 2008 at 11:08 am

Today we are all Socialists.

Miller September 19, 2008 at 11:29 am

He didn’t even grease us up before he jammed it in and broke it off. At least these bailouts do one thing: make Iraq seems quaintly cheap by comparison.

http://thesebastards.blogspot.com/

V572625694 September 19, 2008 at 11:32 am

[re=101535]grendel[/re]: That’s what Comrade Paulson says. Welcome to the American Soviet Socialist Republic!

Meaux September 19, 2008 at 11:55 am

[re=101465]Lazy Media[/re]: Right on with the Homestar Runner shout-out! God bless you and yours, sir. Er, I mean, comrade.

TGY September 19, 2008 at 12:26 pm

I prefer Pat Paulson. For President!

Babs Hula September 19, 2008 at 12:31 pm

He needs to go back to bird watching.

OzoneTom September 19, 2008 at 12:41 pm

[re=101432]bearbait[/re]: Silly! Because of his 5-1/2 years, he can’t cuddle and more than a T-Rex could.

Borat September 19, 2008 at 12:52 pm

Well, I’m glad we haven’t spent a Trillion Dollars on some stupid war so we can afford to bail out Wall Street. And I’m glad we got that couple hundred dollar tax rebate bribe because we cut so much wasteful spending from government.

Oops, my mistake.

My god, we’ve been running this country like an 18 year old with a new credit card. It was only a matter of time and now someone’s about to hike up our interest rates to 30%.

I kneel down in honor of our new Chinese and Arab masters.

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