oh shit
Not that you’d notice from the 40 million unemployed “workers” in this country, or the way all the houses in your neighborhood are being abandoned by night, or the miles of empty strip malls on the edge of every doomed American town, but experts in New York and Washington (the only two thriving cities in [...]
Despite the complete recovery of the American Economy — what, did you miss it? — a record 14% of households with mortgages are currently delinquent. That’s more than 7 million households. Another survey says 10% of all mortgages are in default, the highest percentage on record. Don’t worry, it gets worse.
Just as Stephen Hawking’s dire warning about the Space Aliens made the news three weeks ago, engineers at NASA’s Jet Propulsion Laboratory discovered a puzzling development in the datastream sent by Voyager 2, the space probe launched in 1977 that is currently 8.5 billion miles from Earth and 5 billion miles beyond the orbit of [...]
Remember the Housing Bubble and the gazillion bullshit mortgages that caused the entire global economy to collapse and send us into a terrible World Depression? It’s still going down! The housing crash, that is — one in eight homeowners is now either in default or in foreclosure, a new record!
Bob Dylan’s got a new record coming out next month, and you should be terrified. Yes, the dude continues to make great music, but his past two studio albums were also Harbingers of Doom. Love and Theft was about America in flames, and then under water, and it was recorded in 2001 and released on [...]
OCTOBER SURPRISE? Uh, the U.S. just attacked Syria. [AFP]
In good news, oil is back to September 2007 prices. (In bad news, gas was still $3 a gallon then, so, uhh …) WHAT DOES IT MEAN. It means the numbers are finally coming in to back up the gloom. Nobody in the stores, no demand for gasoline as people have no jobs, no money, [...]
Happy Monday, America! Wall Street is doing great, so far, this morning. The Dow Jones index is down 400 500 points at the moment, bringing the DJIA below 10,000 for the first time since … well, let’s check the chart. October 22, 2004 — right about the time everybody figured George W. Bush would somehow [...]
DOW DROPS 348 TO THREE-YEAR LOW: Whoops. All the big indexes are down another 3%-4%. Even oil and gold lost big. Joblessness, manufacturing declines, basically everything is horrible, forever. [Bloomberg]
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 [...]
So you know how the Fed “bailed out” AIG with $80+ billion and now everything is okay? Right, it’s not okay at all. The $80+ billion allows the failed insurance giant an “orderly liquidation” of its assets. AIG is done. That is just one of the reasons why the markets continue to collapse today — [...]
Here is a fun domestic terror tactic to use against people protesting a political convention: Fire a ray gun at a crowd of these ingrates and then laugh as they all convulse and then shit themselves and then disperse, to die, because their bowels have just been microwaved. Fox News says such weaponry will be [...]
