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Posts Tagged ‘subprime’

NO SHIT SHERLOCK

John McCain Admits He Was Not Clairvoyant About The Subprimes

Friday, September 19th, 2008

What is a subprime?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 grumpy or confused or ghoulish in… ever. The six-minute segment is sort of interminable for those of you watching at work so here is a sad/lovely quote: MORE »


IRAQ

Everyone’s A Whore

Friday, March 21st, 2008

Are you tired of looking at pictures of prostitutes? Ha ha, liar! America’s political cartoonists have determined that hookers are an “In” visual icon these days, and, being shameless, have no shame about transforming many aspects of our beloved nation into whores for polemical purposes. Find out which abstract concepts you’d pay to fuck, after the jump. MORE »


HENRY WAXMAN

Republican Rep. Tom Davis So Satisfied By Virgin Sacrifices

Friday, March 7th, 2008

No sex on the beachYou know how the entire U.S. and maybe Global Economy is collapsing, right now? That’s all because people like Countrywide CEO Angelo Mozilo came up with the brilliant idea of giving huge mortgages to people with no down payment and no income and no credit, and then he immediately sold the mortgages to investment banks and hedge funds that chopped up the loans and sold them again and again, so that basically the entire financial system was propped up on trillions of dollars worth of doomed loans that Countrywide knew were worthless, and this whole shell game caused a real-estate bubble that has since popped, wiping out half the house equity in the nation, and meanwhile these same chief executives were taking home hundreds of millions in bonuses for pulling off this fraud operation.

That’s why Virginia Congressman Tom Davis wants to make sure these subprime CEOs are treated very well during this difficult time. MORE »


WHITE HOUSE

Bush Just Taking Orders From Space Alien At White House

Friday, September 7th, 2007


So, um, there’s this CNN video of Bush talking about the subprime mortgage meltdown. And there’s a frickin’ SPACE ALIEN standing over his right shoulder, presumably giving him his lines. Go ahead, watch the video. WHAT IS THAT OMG WHAT IS GOING ON?

Help for homeowners in trouble [CNN Video]