Who Will Be Obama’s Treasury Secretary?
Wednesday, November 5th, 2008
Money and numbers dorks are all excited this morning, speculating about who Barack Obama might select for the most thankless job in America. Will it be Larry Summers, again? Your editor would kind of like to see the very competent FDIC chairman and level-headed Kansan Sheila Bair get the post, but that’s mostly because Bair was so great on Charlie Rose that one time and Warren Buffett likes her. [Bloomberg]











Did you know that some Christian dingbat has dubbed today the “Day of Prayer for the World’s Economies?” Well here they are, at the Wall Street bull statue thing, praying to Jesus for money. The dingbat has explained, “We are going to intercede at the site of the statue of the bull on Wall Street to ask God to begin a shift from the bull and bear markets to what we feel will be the ‘Lion’s Market,’ or God’s control over the economic systems.” Don’t they know that God taking over the economic systems would be SOCIALISM from SPACE? Also: God will be very mad that they are worshiping a bronze idol here, since his second commandment PROHIBITS THAT, duh? Thank you Wonkette operative “Dan the Man” for the sexy photo. [
This New Depression has gotten off to a swimming start! Now that nobody has any homes or monies or televisions and the election is almost over, there will be no news anymore, so ABC News is instituting some DRACONIAN cost-cutting measures. No holiday parties, no more “paying for meals for impoverished tech crews on location” type nonsense, and freelancers are seeing their hours cut cut cut.
Since Barack Obama has a full 137.99% of the entire world’s supply of dollars, John McCain now finds himself at a financial disadvantage! He’s stuck with a pauper’s sum of $84 million in [*aristocratic shudder*] “public” funds, which is what Joe the Plumber makes in one hour. In other words, John McCain now knows what it’s like to be a Welfare Queen, and it’s not as fun as Ronald Reagan made it out to be. What’s a broke presidential nominee to do when he can’t legally raise funds for his campaign, accept private donations above $2,300, or accept donations from foreigners? Answer: raise funds for his campaign by asking Russians to privately donate $5,000 sums which he will accept. Do loopholes justify this? Eh, maybe, but when you get caught doing this sort of thing it’s safer to just call it a mistake.
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
Now that American Capitalism has completely failed and the U.S. currency is even more worthless, the folks at the U.S. Mint are having some fun by releasing this
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, on the teevee.
Here is some terribly offensive bit of non-circulating Liberian currency. It’s a $20 “Silver Leaf Coin-Certificate,” but nine plus eleven equals twenty, so that’s what they have on the back of the bill. You do the math: as we all suspected, the September 11th attacks were perpetrated by Liberian Masons, backed by Rudy 9iu11iani and a renegade band of numismatists, so that Sean Hannity could have his
Wonkette Fundraising Operative “Neville” sends us this sad screencap from CNN.com that reveals the true state of Barack Obama’s finances. He has officially raised enough money to buy one gallon of gas and a pack of Old Golds.
In today’s edition of Wonkette Economic Newz(TM), the economy grew by 1% in Q1 2008!!!! The original estimate was still an awesome 0.9%, which was awesomer than Q4 2007’s 0.6%, which was awesome too because HOW CAN A PERFECT ECONOMY EVEN GROW AT ALL? Also, the Dow is down like 300 points and Oil is over $140/barrel and Congress has renamed our economy “Jesus’ Money Thing” because why not. [