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DAILY BRIEFING

Stress Tests Determine Which Banks Are Healthy Enough To Withstand Swine Flu

  • FEMA is taking back its temporary housing trailers from Hurricane Katrina victims even though it doesn’t need the trailers and permanent housing construction projects aren’t complete yet. [New York Times]
  • President Obama did not hold any prayer services at the White House during yesterday’s National Day of Prayer, and as a result GOD SMOTE US ALL. [Los Angeles Times]
  • This swine flu virus is cookin’ around the world, with 2300 cases logged and counting. [New York Times]
  • Big-time Hillary Clinton donor Norman Hsu, like many other high-profile financiers, got rich from running a ponzi scheme. [Wall Street Journal]
  • Toyota lost a mere $4.4 billion last year, which means they have a long way to go before they can compete with American companies losing easily that amount every quarter. [AFP]
  • Ken Lewis seemed to blame Bank of America’s relatively poor showing on overly pessimistic “stress test” parameters, which is funny because many analysts found those same parameters rather on the optimistic side. [Bloomberg]


8:50 AM on Fri May 8 2009
By Sara K. Smith
636 Views

  1. Canmon (the Inadequate) says at 9:01 am, May 8th, 2009

    Barack Obama doesn’t care about black people.

  2. Rush says at 9:03 am, May 8th, 2009

    In Sesame Street fashion, the word of the day is “smote”.

  3. Johnny Zhivago says at 9:03 am, May 8th, 2009

    Only $4.4 BILLION????? Stupid Japs. What LOOSERS! Go USA!!!

  4. tehbenton says at 9:04 am, May 8th, 2009

    Banks are the new cell phone companies: There are no good ones; there’s just a sliding scale of suckage, and we can only hope we choose the one that sucks less than the others.

  5. ManchuCandidate says at 9:06 am, May 8th, 2009

    I think it’s rather amusing that banks didn’t like getting all probed and prodded in the gubbiment’s stress tests. It’s not like the gentle, considerate and unintrusive process I went through with my mortgage provider to get my NON sub prime mortgage.

  6. ChernobylSoup says at 9:07 am, May 8th, 2009

    You know where they store those FEMA trailers when they’re not in use? Arkansas.

    You know what Arkansas doesn’t need more of? Trailers.

  7. Advocatus_Diaboli says at 9:12 am, May 8th, 2009

    $34 billion here, $34 billion there; pretty soon you’re talking real money.

  8. Woodwards Friend says at 9:18 am, May 8th, 2009

    FEMA doesn’t need those trailers? Excuse me, Sarah, but those trailers are being re-purposed for their concentration camps. Watch Glen Beck once in a while and you’ll learn something. God!

  9. 2300 cases around the world. Haha! The good-old, regular flu kills hundreds of thousands of people annually. Worst. Pandemic. Evah.

    No National Day of Prayer? All I can say is, thank God I’m an atheist.

  10. TimesUp says at 9:21 am, May 8th, 2009

    National Day of Prayer Task Force? What’s next, a revival tent on the White House lawn? Come quickly Four Horsemen of the Apocalypse!

  11. WadISay says at 9:24 am, May 8th, 2009

    Did I miss the part where George Bush knelt in prayer with the Wiccans?

  12. Internally valid says at 9:25 am, May 8th, 2009

    God damn God and his God-smite. Why won’t he just let James Dobson run the world, as we all know he should?

  13. Monsieur Grumpe says at 9:26 am, May 8th, 2009

    Why must everything to do with the auto industry be a race to the bottom or am I confusing that with the gay agenda the conservative are always ranting about?

  14. Come here a minute says at 9:34 am, May 8th, 2009

    I like my swine flu cooked over low heat with Dijon mustard and chopped gherkins.

  15. queeraselvis v 2.0 says at 9:40 am, May 8th, 2009

    Obama avoided the National Day of Prayer because he couldn’t decide to which deity to pray: G*d, Allah, Vishnu, the Flying Spaghetti Monster, or Corky the Flatulent Cat.

    GOD DAMN AMERICA. Also.

  16. Mustang says at 9:51 am, May 8th, 2009

    All the Katrina refugees getting thrown out of their trailers are having a National Prayer Day of their own and praying that the Swine flu thing really is a Democrat plot started by Hillary Clinton to take peoples’ attention away from the Norman Hsu scandal. But if they’re patient, the government will give them free Toyotas, assuming that the bank stress tests just “sound” horrifying.

  17. WadISay says at 10:03 am, May 8th, 2009

    My wife is all up in my face this morning because her bank did better on the stress test than mine.

  18. hobospacejunkie says at 10:29 am, May 8th, 2009

    queeraselvis v 2.0: Corky the Flatulent Cat is flatulent.

  19. WadISay: Tell her the lamest bank gets the biggest bailout.

  20. SayItWithWookies says at 11:07 am, May 8th, 2009

    The assholes bitching about President Obama not doing anything for the D. of P. weren’t going to let him speak at their ceremony anyway because he’s all for the baby-killing. Guess what, assholes — if a black man in America wanted to be treated like a second-class citizen he wouldn’t have gotten himself elected your president. So fuck off and take your Jesus abortion with you.

  21. Lascauxcaveman says at 11:08 am, May 8th, 2009

    ChernobylSoup: Seriously, let the folks down in Nawlins keep the damn trailers, it’s going to cost exactly what they’re worth to move them anyway. If you want a shitload of trailers stockpiled in Arkansas, then build some more, right there. The unemployed construction workers there will appreciate the stimulus.

  22. Carrie_Okie says at 11:09 am, May 8th, 2009

    Wow, that smiting kind of tickled. You suck at smote jebus.

  23. cranky says at 11:58 am, May 8th, 2009

    WadISay: if you had any sense you stop complaining and start begging for pity sex.

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