• May 27, 2012

financial crisis

by Jim Newell  6:28 pm September 24, 2008

IMPORTANT NEW AP REPORT: “UNITED NATIONS – Michael Douglas had to field questions Wednesday about the financial turmoil shaking world markets from reporters recalling his role in the 1987 film ‘Wall Street.’” Numerous young I-bankers were seen masturbating to his responses. Wait. Why the hell is Michael Douglas at the United Nations? [AP]

Boy howdy, you could tell after seeing that new Washington Post/ABC News poll this morning that McCain would need one helluva muppet stunt to get himself a farthingworth’s of non-horrendous attention. So now he is being a Maverick and suspending the debate, so that he can fly back to Washington to get in the way [...]

It’s not really a factor, but then again OK, it is a HUGE factor, to keep in mind the type of horrific douchecocks that this bailout would keep in business most immediately. Your associate editor recently graduated with an English degree from a college known mostly for its business school and watched many of his… [...]

Here’s your blogging conventional wisdom update, which in this case sounds VERY LIKELY: Democrats will go out of their way to support a bailout bill by Friday, and then all of the Democrats will support it if it’s a somewhat good one — like the friendly Dodd proposal from yesterday — and then, just you [...]

Jesus, a weekend or two ago George Will was on one of them Sunday talk shows defending McCain’s “Obama wants to teach your babies how to have sex” ad. He was possibly the one American pundit who actually thought it was a good, true ad. And now even that guy wonders if John McCain is [...]

by Jim Newell  3:54 pm September 22, 2008

THE BLACKS DID IT: Speaking of Neil Cavuto, here he is blaming the entire financial crisis on Fannie & Freddie loaning to “minorities and risky folks.” Why did Michael Steele Barack Obama lock into mortgages he couldn’t afford? [Media Matters]

Congressional Democrats will save the economy this Friday by letting Henry Paulson, the new president, do whatever he wants about anything, policy-wise. Mostly this will involve giving a trillion dollars to his friends on Wall Street in exchange for some junk mortgages which Paulson will re-sell, to no one, because they’re junk mortgages. On the [...]

This dingus running for president thinks there is such a thing as a “mid-growth” stock, and that you should diversify your risk when you invest. But as one brave YouTube genius points out … Shit, what is this person talking about? The point is, this COMMUNITY ORGANIZER shouldn’t be trusted with managing the money of [...]

Poor George Bush, he has had to Address the Nation two days in a row, that is how awful this financial crisis has gotten. He is walking out onto his nice patio surrounded by all the people who John McCain will fire once he’s president: the chairman of the SEC, our old pal Henry Paulson, [...]

Hmm, here is an interesting video clip sent to us by a Wonkette New Hampshire Primary Operative. It shows John McCain last November talking with some nice New Hampshire newspaper editors about economic things and good christ, maybe everything he said was rubbish, but this was possibly the first time we saw him looking not [...]

Oh 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.

Here is that ad we talked about in the Daily Briefing! The best part is it rhymes at the end. Also, this is one of them ads released so that MEDIA ELITES will talk them up, so give yourself a pat on the back, you are now part of the media elite that Normal Americans [...]

America’s president, George W. Bush, was supposed to go to a fundraiser today but he had to stay home and send Dick Cheney in his stead to stand around the buffet table and shovel shrimp cocktail into his pockets. Why? Because of the economy, which George Bush is “concerned” about! He even talked about it, [...]

Oh flippeter floppeter! Remember how Barack Obama made so much fun of John McCain for wanting to form a “9/11 Commission” to investigate the terrorist financial bomb that hit Wall Street this weekend so that the commission could, in a year or two, make a bunch of recommendations for everyone to ignore? Well it turns [...]