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DAILY BRIEFING

Tonight We Shall All Learn Our Economical Fates

  • President Obama will give a sober, but optimistic, but realistic, but not too realistic, assessment of the economy tonight in his address to Congress. [CNN]
  • “Stress tests” of the banks begin tomorrow; these are designed to expose which banks actually have enough liquidity to withstand more economic strain. Those without the needed capital will just get more from the government. [Bloomberg]
  • Huzzah, peace reigns in Pakistan’s Swat region, now that power has been turned over to the Taliban leader who likes to burn girls’ schools and hold public executions. [International Herald-Tribune]
  • The District of Columbia may finally get its single House vote. [Washington Post]
  • Greedy banks, insurers, and auto makers want more money from the government, but it is very unclear whether dumping more hundreds of billions into these failing companies will have any effect whatsoever on their health. Then again, the alternative is just to let them fail outright, leading to a further erosion of confidence in the market, etc. We are all doomed. [New York Times]
  • How can Barack Obama run the nation when everybody already hates him? [Los Angeles Times]


8:59 AM on Tue February 24 2009
By Sara K. Smith
884 Views

  1. Sussemilch says at 9:06 am, February 24th, 2009

    You had me at sober.

  2. honkeyman says at 9:06 am, February 24th, 2009

    Sorry, can’t comment now. My pulse is pounding too hard. Worrying about the new bacteria destroying the oil supply….. among other things….

  3. Serolf Divad says at 9:09 am, February 24th, 2009

    The only question about tonight’s State of the Union is this: do I prepare a bowl of popcorn or a bowl of broken glass. Come on Hopey… give me some hope!

  4. Scott-san says at 9:10 am, February 24th, 2009

    I think I missed the memo, but . . . is tonight the “State of the Union”? All media is referring to it as “Obama’s address to a joint session of Congress,” which I understand; that’s what the SOTU is. Are we not bringing that up because the state of the Union is . . . shitty? Do we not want to make the Union feel bad?

  5. EnBuenOra says at 9:11 am, February 24th, 2009

    Crispy, but not too crispy?

  6. rubybuckaroo says at 9:15 am, February 24th, 2009

    SKS:
    Will this be ‘live-blogged’?

  7. V572625694 says at 9:16 am, February 24th, 2009

    Scott-san: I think Chimpy gave a SOTU in his Final Days. Isn’t it wonderful to forget?

  8. Editor SK Smith says at 9:16 am, February 24th, 2009

    Scott-san: I believe that it’s only called SOTU when the speech is comprehensive, covering a full range of topics. Because this is basically a single-issue speech it’s not called SOTU. rubybuckaroo: But of course!

  9. rubybuckaroo says at 9:18 am, February 24th, 2009

    ahhhh….excellent!

  10. ManchuCandidate says at 9:18 am, February 24th, 2009

    The problem isn’t the organizations themselves, but their management.

    If anyone deserves to be shitcanned with no golden handshakes or termination packages, it’s the top leadershit (sic) layers of AIG, Chrysler, GM, BoA, etc etc ad nauseum.

    The little French corporal, Nappy Napoleon, said it best: “There are no bad regiments, only bad colonels.”

  11. PsycGirl says at 9:25 am, February 24th, 2009

    An article yesterday at cnn,com about Jindal’s rebuttal response to Obama’s speech quoted the head of Lousiana State’s political science department saying that Jindal is a “textbook Republican” who is “scary smart”.
    So, a young, ethnic minority, brilliant, educated politician is a textbook Republican?
    HA HA HA HA !!!

  12. Mr Blifil says at 9:35 am, February 24th, 2009

    People usually register disapproval for the President when they are planning to go down personally to the bank and withdraw their entire holdings in cash, along with the contents of their safety deposit box.

  13. Zipperupus says at 9:35 am, February 24th, 2009

    PsycGirl: Jindal is getting pretty princess blowjobs from the media. Everyone knows that scary smart textbooks don’t exist except to scare little academics at night around the fire.

  14. PsycGirl: “Textbook Republican” who is “scary smart”? I always thought your “textbook Republican” would more likely be described as “special.”

  15. Mr Blifil says at 9:42 am, February 24th, 2009

    Scott-san: I think the new guy gets a pass on the “State of the Union,” because he’s supposed to be too busy updating his Blackberry and learning the football codes and shit. He is still required to yammer on at length in front of both houses of Congress, but it’s just a formality. Then he can get back to the business of “drinking in the history of the White House” as Limbaugh advised him to do recently, high-fiving Rahm while they tag team coochies, in the motherfucking Lincoln bedroom with pr0n on the 60-inch and a replica of the Phelps bong. Or they might just pull out some historically significant Native American artifact designed to get you seriously fucked up.

  16. PsycGirl: Jinal is going to come out tonight in front of everyone. I’m so proud of him!

  17. gurukalehuru says at 9:44 am, February 24th, 2009

    …if by “scary smart” you mean “fucking stupid.”

    This is the man who, in college, turned down a piece of pussy because he thought the girl was possessed by the devil. I’ve done some stupid shit in my life, but that beats all.

  18. hockeymom says at 9:44 am, February 24th, 2009

    PsycGirl: Is he “scary smart” because he’s a republican who uses words with more than one syllable?
    Or because he’s brownish?

  19. PsycGirl says at 9:44 am, February 24th, 2009

    FMA: So how would one describe a “Republican textbook”? Full of all-caps and misspellings?

    Zipperupus: We have statistic textbooks that scare little academics 24/7.

  20. PsycGirl says at 9:46 am, February 24th, 2009

    wheelie: ah, that would be the textbook part. Usually the public aspect is involuntary, though.

  21. Mr Blifil says at 9:46 am, February 24th, 2009

    PsycGirl: “Scary” I’ll go with.

    BTW I’m all for Jindal being trotted out as part of a GOP media diversity initiative, but only as long as we eventually get to hear the fat-ass white guys moan about reverse discrimination within the party of Lincoln.

  22. Capitol Hillbilly says at 9:49 am, February 24th, 2009

    Am I the only one who’s starbursting about Fred Thompson’s new radio show?

  23. PsycGirl: Yep. And lots of pictures. Sort of like “My Pet Goat.”

  24. Chad San Marino says at 9:54 am, February 24th, 2009

    But it’s a peace with honor. Or iron-fisted oppression. I always get the two confused.

  25. slavojzizek says at 10:11 am, February 24th, 2009

    I think Obama should just cut his losses and clarify that when, in the near future, the US ceases to exist, it will not be all his fault, contra Alan Keyes.

  26. HuddledMass says at 10:12 am, February 24th, 2009

    hockeymom: “Is he ’scary smart’ because he’s a republican who uses words with more than one syllable?
    Or because he’s brownish?”

    Smart because of the words, scary because brownish

  27. DoctorCulturae says at 10:43 am, February 24th, 2009

    gurukalehuru: Clearly this identifies him as a “tool”… of others of course.

  28. hobospacejungle says at 10:48 am, February 24th, 2009

    Scary because he thought it was a good idea to name himself after a Brady. Somehow I doubt that story will become part of his stump speech when he runs for president.

    Smart because that has proven so far to obscure his unamerican, non-christian, frightening-because-it’s-different real name, Piyush.

    The professor actually meant to say “scary smart and totally ashamed of who he is and where he comes from.” Kind of like the stereotype of the teh gheyz he most surely hates, a requirement for his demographically-shrinking, mouth-breathing regional party of hate.

  29. Scott-san says at 10:55 am, February 24th, 2009

    Mr Blifil: A Native American artifact like Dubya’s discussion of “tribal sovereignty”?

  30. D.C. gets some representation to go with with their taxation? What next, 2 Senate seats for El Borinquen?!? Actually, just give them Kentucky’s.

  31. hobospacejungle: According to Wikipedia, he was born in Lousiana but do we really know that? I say we demand a copy of his birth certificate and when it is produced, claim that it is Photoshopped and swamp every politically based blog with claims that he was actually born in Mumbai before his parents immigrated. Repeat as necessary.
    Also, if he infers that people may view him with caution because he doesn’t look like the other presidents and has a funny-sounding name, we throw a fit about “playing the race card”.
    Fair is fair, people!

  32. Breakfast Bourbon says at 10:56 am, February 24th, 2009

    wheelie: Well, it IS Mardi Gras, after all. As long as he atones for it tomorrow, it’s all good.

  33. hobospacejungle says at 11:03 am, February 24th, 2009

    PsycGirl: Great suggestion. Unfortunately Democrats don’t have the stones to play politics. They are too accustomed to rolling over every time a Republican says “boo.”

    Nancy & Harry would disapprove because that’s not a nice thing to do and they’d probably send you a very strongly-worded letter saying so.

  34. sati demise says at 11:09 am, February 24th, 2009

    gurukalehuru: good point. w.i.n.

  35. Who thought stress testing the banks was a good idea? Because it’s the market that will have an aneurism.

  36. masterdebater says at 11:24 am, February 24th, 2009

    “President Obama will give a sober…”

    But the real question is, will we be sober when we listen. I’m only going to answer for myself here. No.

  37. hobospacejungle: Even better.

  38. populucious says at 1:04 pm, February 24th, 2009

    I fail to see what hooking the banks up to a heart monitor and forcing them to run 30 minutes on a treadmill will accomplish.

  39. wreckingball says at 1:28 pm, February 24th, 2009

    Funny-

    EXCLUSIVE: Obama Notes for Tonight’s Address Leaked! - http://www.wreckingballreport.com/?p=225

  40. Pakistan’s Swat region

    Where is the Sultan of Swat when you need him?

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