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DAILY BRIEFING

Pirates, Sheiks, And Robber Barons

  • Those crazy Somali pirates who took over a Ukranian ship four months ago are ready to let it go now that a ransom has reportedly been paid. Pirates! [CNN]
  • A new provision in the stimulus bill gives homebuyers a big fat tax credit, which is great, but they still can’t buy a house unless the banks agree to LEND to them, which they won’t. [New York Times]
  • Experts say that one of the “unintended consequences” of Obama’s new salary caps at bailed-out firms is that salaries across the financial industry may sink. Uh, experts? That is an intended consequence. On the other hand, the bit where all the real smarties end up going to small boutique investment firms, safe from the restrictions of the bailout, does seem like an actual downside. [USA Today]
  • Oh Jesus of course the AP is coming after Shepard Fairey for copyright infringement. [AP]
  • The sheiks who led the US-backed Sunni Awakening in Anbar province say that Sunni politicians committed election fraud. The sheiks are ready to take over the province by force. [Washington Post]
  • Congresspeople yukked it up and made jokes about Barney Frank’s many ex-boyfriends at the fancy Washington Press Club Foundation’s Annual Congressional Dinner last night. [The Hill]


8:46 AM on Thu February 5 2009
By Sara K. Smith
741 Views

  1. MarieDeGournay says at 9:00 am, February 5th, 2009

    We should hire the pirates to fix our economy, or at least shakedown some of these banks that are buying absurd shit with our money.

  2. I wanna be a pirate. Beats being a hobo any day.

    These are the career options for the 21st century.

  3. ManchuCandidate says at 9:11 am, February 5th, 2009

    It seems soooo unfair and wrong that fianze guys should suffer the indignity of changing jobs or getting limited payouts for sending the world into the worst finanze crisis since 1929.

    I prefer the dignity of a baseball bat and the fairness of a taser, but that’s just me.

  4. Darehead says at 9:15 am, February 5th, 2009

    Smartly named daily briefing me lass, SKS. Hang ‘im dey fraudulent privateers from the yardarm!

  5. Do these “experts” think it’s trickle-down economics, or just plain old shit running downhill?

  6. CrunchyKnee says at 9:20 am, February 5th, 2009

    Yaaaaarrrrrr, it’s driving me nutz! TuckNutz, that is.

  7. Advocatus_Diaboli says at 9:21 am, February 5th, 2009

    I heard that the salary cap would cause a brain drain on Wall Street. If that was the smart people running Merrill, AIG, Lehman, etc., I’d say we’re pretty well fucked.

  8. PineyWoodster says at 9:25 am, February 5th, 2009

    Whenever I strip and oil my SKS, I’ll think of you, Sara.

  9. If corporate leaders had any good leadership talent, they wouldn’t need a government bail-out. Duh!

  10. The creator of the iconic image of three John McCain heads licking each other better be rooting hard for Shepard Fairey on this one.

  11. Shepard Fairey is a great artist but a terrible pirate.
    He’d be the pirate who walked into the British fort and said “Arrr. Look at all me dubloons. I totally stole them from that guy sittin’ over yar.”

  12. freakishlystrong says at 9:44 am, February 5th, 2009

    First post of today, “Captain Jack Sorrow”..FTW.

  13. Monsieur Grumpe says at 9:48 am, February 5th, 2009

    Advocatus_Diaboli:
    Yeah. I saw some mouth on the TeeVee whining about how they’re going to lose their talent. This is the kind of talent we see in the first rounds of American idol. Let them leave. Who’s going to hire them when their resume reads “I ran a multi billion dollar company into the ground and got paid millions despite my stupidity”?

  14. Most pirates don’t look like Johnny Depp.

    Haha! Poor financial industry. Best and brightest going elsewhere, eh? Given what happened, I don’t think the ‘best and brightest’ were in the financial industry to begin with.

  15. The sheiks who led the..

    The sheiks are rattled and they’re about to roll.

  16. bitchincamaro says at 10:04 am, February 5th, 2009

    “We have reached out to Mr. Fairey’s attorney and are in discussions. We hope for an amicable solution.”

    Anytime I hear the term “reach out”, I check my wallet. Fuck AP, or FAP!

  17. Mr Blifil says at 10:12 am, February 5th, 2009

    The Wall Street titans had about 8 years during which to drain their balls. After which, I have found, a brain drain is pretty much inevitable.

  18. lorne: Heh heh, good one.

  19. loquaciousmusic says at 10:33 am, February 5th, 2009

    TGY: Yeah, well, the sharif don’t like it.

  20. Come here a minute says at 10:44 am, February 5th, 2009

    “The sheiks who led the US-backed Sunni Awakening … are ready to take over the province by force.”

    This only means it may take a teensy bit longer for that democracy to flower and George Bush to be proven Greatest Preznit Of All Times. We’ll all be dead &c….

  21. Joshua Norton says at 10:44 am, February 5th, 2009

    “Congresspeople yukked it up and made jokes about Barney Frank’s many ex-boyfriends at the fancy Washington Press Club Foundation’s Annual Congressional Dinner last night.”

    I imagine that a lot of Republican Congresscritters are catching up with him, though.

    Not that there’s anything wrong with that…..

  22. masterdebater says at 10:49 am, February 5th, 2009

    “The sheiks who led the US-backed Sunni Awakening in Anbar province say that Sunni politicians committed election fraud.”

    Katherine Harris has a new consulting job in Iraq?

  23. Lascauxcaveman says at 11:30 am, February 5th, 2009

    TGY: Ha! That’s the stuff.

  24. Red Zeppelin says at 11:57 am, February 5th, 2009

    Are these the “pirates” of the epic porn production of the same name? Just askin’

  25. freeradical says at 12:52 pm, February 5th, 2009

    My little brother and Shepard Fairey were friends when they were about 8 years old, growing up in downtown Charleston, SC. They used to set things on fire.

  26. Speaking of pirates, has lawless Iceland raised its sails and made preparations to start reaving the coastline again, the prows of their longships carved in the likeness of their new Sapphic Valkyrie President?

  27. Red Zeppelin says at 1:03 pm, February 5th, 2009

    Zadig: Not as far as I know, but it’s a nice thought.

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