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Posts Tagged ‘depression’

GEORGE W. BUSH

Bush Fixes Economy Whines About Congress

Tuesday, April 29th, 2008

Garden gnome.Dorkus W. Dildo had a press conference today, in his garden. He is very rich and has an entire hospital to attend to him and bombs anything that makes him confused and no matter what crime he does, he never gets sent to prison, so he is exactly like ordinary poor Americans like you. Bush Junior has heard about how maybe the “economic” is a problem, so he told those losers who still have to act like he’s important — you know, the White House correspondents — that he “figured out” what was wrong and guess what, it’s Congress, which has Democrats. MORE »


HOUSING

6.5 Million Foreclosures, 18.6 Million Vacant Homes

Monday, April 28th, 2008

Mr. Joad's Wild Ride.Here are some cheery housing numbers, as the bankrupt truckers impotently beep their horns at Congress and the food is rationed and “consumer expectations” hit lows not seen since the early 1970s: More than 6 million homes will go into foreclosure before this housing collapse is finished, and the number of houses now sitting empty in America has reached a staggering 18.6 million — including 2.3 million currently on the market. MORE »


2008

America’s Hot New Political Trend: Hoarding Food

Monday, April 21st, 2008

Well, here's a Christmas dinner For the families on reliefFrom the New York Times to the, uh, New York Sun, newspapers are reporting the hot new American trend: survivalism. The NYT was first to note the fad earlier this month in its Fashion & Style section, but the Sun has the news angle. Want to stock up on sacks of rice and cooking oil and flour and other such staples to survive the Coming Shitstorm? Too late! CostCo is limiting how many sacks of rice you can buy! MORE »


MOVIES

Sunday, April 20th, 2008

FORGET YOUR TROUBLES: New proof of the New Depression: People are going to any old dumb movie again, just to briefly forget the terrible reality of foreclosures, debt, inflation and hobos. [Political Machine]


2008

Ben Bernanke Saves Collapsed U.S. Economy!

Tuesday, January 22nd, 2008

Thanks to Martin Luther King Jr.’s stand for economic justice and his resulting assassination which provided U.S. markets with a holiday from the global economic collapse, Wall Street didn’t get hit again until this morning. And by “Wall Street,” we mean your 401k, 403b, IRA, access to basic business or consumer credit, income, value of your house, and value of your young children’s labor (selling apples down on Main Street by the Starbucks soup kitchen). But don’t worry, because Ben Bernanke and his Federal Reserve superheroes just did an emergency interest rate cut. Head over to the PayDay Loan joint and pick up a case of Cristal! MORE »


GEORGE BUSH

Glorious 1980 Returns As Oil Nears $100

Monday, October 29th, 2007

If you’re freaked out over oil topping $90 a barrel for the first time in history, maybe this will add some depressing historical perspective: Oil topped $100 per barrel at another grim point in U.S. history when George Bush was first running for president and America’s imperial troubles in Iran and Iraq threatened our precious oil supply from the Persian Gulf — in 1980! MORE »


BILL CLINTON

Old Jazzbo Hippie Claims Cheney Just Invaded Iraq For The Oil

Monday, September 17th, 2007

hippie - WonketteSome little hipster clarinet player from NYU is claiming the Iraq invasion and occupation was all about securing oil supplies for America. Oh and what is that sticking out of Jazzbo Al’s tattered raincoat? A worn paperback of Ayn Rand’s “Atlas Shrugged,” which he actually first read when she was writing it, when he was screwing some gal in Rand’s “inner circle” and writing angry letters to the New York Times about how “parasites who persistently avoid either purpose or reason perish as they should.” That’s right, we’re talking about former Federal Reserve chairman Alan Greenspan! MORE »


DEPRESSION

Monday, August 27th, 2007

“Former U.S. Treasury Secretary Larry Summers warned that the United States may be heading into recession.” [Telegraph]


DEPRESSION

Monday, August 20th, 2007

Oh, if you ain't got the do re mi, folks, you ain't got the do re mi, - Wonkette“Service problems disabled ATMs and online accounts at Wells Fargo & Co. for at least 24 hours starting Sunday afternoon, leaving some customers of the nation’s fifth largest bank unable to get cash or use debit cards to pay for goods.” [Washington Post/AP]


DEMOCRATS

Sad, Poor Americans Finally Give Up On Republicans, God

Monday, August 13th, 2007

I'm going where there's no depression, To a better land that's free from care - WonketteA shocking new study by the Pew Research Center proves that Americans overwhelmingly identify themselves as Democrats today — 50% compared to 35% who say they’re Republicans. And they’re increasingly weary of religion, religious conservatives, stagnant and shrinking wages, income inequality and the sad toil of their miserable lives. MORE »


DEMOCRATS

Daily Briefing: Money Pit

Wednesday, February 28th, 2007

* The US will participate in a little regional conference about Iraq that features just about every country the White House hates. [WP, NYT]
* Furrowed brows abound as Democrats continue to contemplate war legislation. [WP, NYT, LAT]
* Black voters continue to be drawn to Barack Obama. Also, old white men still vote for each other. [WP]
* CIA happily gives candy bars to people they’ve disappeared. [WP]
* HUD confirms there are no less than 700K homeless in the US, add, “it could happen to you!” [USAT]
* Of course, in a globalized market where one of the driving economies is beset by investors who think it’s “a slot machine,” it could happen to you. [NYT]
* Lara Croft writes letters. [WP]