henry paulson
Yikes! The markets are closed and so are you. The Dow ended down 373 — more than 3% — and the S&P 500 dropped nearly 4%. But there’s good news if you are, say, a Saudi Prince: Oil shot the hell up by $16 a barrel, the biggest single-day climb since the Van Halen album [...]
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 [...]
Well, that was a fun week in finance news. So what did the markets get, after the U.S. government decided to end market capitalism and become the Soviet Bank of Soviet America? Stocks ended the week flat, that’s what. Monday morning, the Dow opened at 11,421. Today, after this unprecedented nationalization of AIG and promises [...]
Turns out we didn’t need “stealth socialist” Barack Obama to pervert capitalist America into a crumbling nationalized economy run in private by a dome-skulled kleptocracy as our nation’s battered military wastes away in the forgotten bummer of a civil war in Afghanistan. WAIT A MINUTE that is exactly what happened in the Soviet Union! And [...]
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.
