- Remember Stanford Financial Group, the latest Ponzi scheme offender to rob investors of their billions? Its CFO refuses to cooperate with prosecutors and instead pled the Fifth. [Reuters]
- Republicans can complain a whole lot about President Obama’s proposed budget, but they can’t really block it because the Senate suspends the 60-vote cloture rule for budgets. [Wall Street Journal]
- Snow day! Finally all you goobers whose work IPs block the YouTubes can enjoy your full Wonkette from the comfort of your freezing couch, for verily all the Northeast is covered in assloads of beautiful winter snow. [Washington Post]
- UK bank stocks are hosed, and American stocks of all sorts are sure to follow today. [Bloomberg]
- Once again AIG gets more money from the government because they hemorrhaged nearly $62 billion in the last quarter. [AP]
- Smaller Eastern members of the EU who don’t use the euro as currency are having an extra hard time in our new global depression, and all Germany can say is, “Tough.” [New York Times]
Angela Merkel Is The Meanest Lady In Europe
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“Assloads of Snow” is the tentative title of Rush’s autobiography.
Europe’s difficulties are in sharp contrast to the American response. President Obama has just announced a budget that will send the United States more deeply into debt but that also makes an effort to redistribute income and overhaul health care, improve education and combat environmental problems.
But in Europe we already redistribute income, and we already have the universal healthcares, education, etc.
That is why European policy right now is solely concentrated on plunging ourselves very deeply into debt.
Sorry, but with no filter today I’m going full bore on the snowbilly porn. My Wonkette can wait the extra 45 seconds.
The only bank failure I’m kinda happy about is the Royal Bank of Scotland. After years of those annoying commercials featuring that way too smug way too handsome dickwad saving choking diners and interrupting boring lectures, I sorta feel they deserved this fate. Just hope the guy has to sell his Bentley and divorce his trophy wife. Hey “make it happen,” asshole.
AIG… hmm… remind me why we keep giving them money again? Oh, that’s right, because they forgot what insurance is all about: covering your client’s risk while minimizing yours. These credit-default swaps are a hoot, aren’t they?
Obama stopped Global Warming 5 weeks into his first term.
[re=255828]wheelie[/re]: Yeah, I thought that line was pretty silly too. Plus, our impoverished small states beg the federal government to not give them money. Maybe Merkel can send Bobby Jindal on a tour of Eastern Europe to explain economics to them.
Everyone is out of work except the guh’ment on this snow day, kind of like a metaphor for the reality of every other day.
I still laugh about the “retention” bonuses the bankers want to give themselves. Considering the EPIC FAIL that is modern Finanze (looks like ENRON wasn’t a isolated incident and/or bad apple) why do they want to retain these fucking LOSERS who lost so much?
I say the banks should do what they’ve told the rest of us to do for the last three decades: Cut their costs, outsource jobs to MBA assholes in India/China/Africa, improve their margins and improve their productivity while the laid off workers should retrain for the future while begging for Gubbiment Cheez.
Can you imagine the panic at “Sixty Minutes” after Jindal’s unintentionally hilarious national debut last week? “Holy shit–we’ve got fifteen minutes Jindal as genius, and he just stepped on his schwanz in front of the whole country!” Ha ha…
And all you east coasters can now choke on your California schadenfreude. There’s a reason we put up with the difficulties and expense of living here, and you’re shoveling it today.
It’s not even that much snow, and all of my coworkers are bitching about having to be here today. I have nothing but contempt for snow wimps.
I’m not even out of bed and my stomach’s churning. Why all the shitty news? I liked it better when I thought it was all hope and shit. Please post some good news, even if it’s untrue, like “Larry Kudlow mugged by starving hobos after they smell Taco Bell on his tie.” Or, how about, “Rush Limbaugh finally reads the Constitution.” I could go on, but I got to get up, I’m out of Sterno…
Bah, it’s merely a decorous white, here in Atlanta. Barring small ice patches, that is.
Snow day!
Typical DC slackers. Here in New York’s finance industry, we’re still all at work, destroying ur wealth, for America.
Angela Merkel: “Sie alle bitten bald um unsere Deutsch-Markierungen! Mwaa-haa-haa-haa!”
[re=255830]Serolf Divad[/re]: Speaking of ads, you know who had fucking awesome advertising? AIG. For instance:
http://tinyurl.com/d4ed5h
Merkel? Just give her a back rub. It’s very relaxing supposedly.
[re=255853]jagorev[/re]: Wow. That AIG ad works ten times better when you run it backwards.
[re=255864]Mr Blifil[/re]: And even better set to the Benny Hill theme, but that goes without saying.
I came in to work today despite the more than one foot of snow on the roads and the subpar plowing we’ve seen thus far. The only other person who braved the elements was my boss, who lives just up the road, a five-minute drive in good weather.
I’m from western Pennsylvania, where we get snow like this all the time. Even in August, when it’s 90 degrees out. The snow usually comes as rain on such days, but we still get it. These Bostonians are a bunch of wusses for staying home today. Wusses. Only I am tough.
One of my neighbors at last night’s condominium society meeting asked half in jest if he could start planting potatoes on the property. No one laughed.
Latvia is so fucked. Plenty of hookers and cheap skag though, lemonade out of lemons!
Nobody here can rightfully bitch about snow unless you live in the dreaded “Lake Effect” region here in Upstate New York.
[re=255878]Larry McAwful[/re]:
The Pittsburgh area hasn’t had any considerable amount of snow since the blizzard of ’93.
Fif!
[re=255832]Squiggyfm[/re]: Yes, but it’s going to be in the 70′s all week here in Denver. And we haven’t had a snow storm all winter. I’m a tad worried.
[re=255853]jagorev[/re]: AIG: The only thing riskier is pretending they’ll protect you from it.
assloads of beautiful winter snow
Now is the winter of our discontent or discountenance or dysentery or something.
[re=255830]Serolf Divad[/re]: Royal Bank of Scotland? Someone savaged the Royal Sporran? In which case, pop goes the haggis.
[re=255853]jagorev[/re]:
LOL! play that ad in reverse and you have the history of AIG.
[re=255925]Serolf Divad[/re]: Truly that ad is worthy of the Wonkette front page. Too bad the editors don’t read the comments area.
[re=255919]TGY[/re]: Now is the winter of our incontinence.
[i]Within the larger European Union, fissures are growing between older members and newer ones, especially those that lived under the yoke of Soviet socialism[/i]
The NYT dusts off the style book from the 1950s–the Soviet yoke is a real antique
[re=255970]donner_froh[/re]: Moo. Workers of the world untie.
[re=255924]TGY[/re]: The Royal Bank of Scotland pisses me off deeply because they shatter the time-honored stereotype of the thrifty scot. I hate anyone who screws with quaint stereotypes.
[re=255845]Mitchbailey[/re]: Because I don’t know shit, I was unaware that the budget debate isn’t subject to a cloture vote. So suck on it, Repubtards. How many ersatz blue dogs will hide behind this and vote against the budget if they know it’s going to pass, anyway? Liberals are back, baby! Like it or not you CPAC freaks.
Good news for me, and I need it. I was making my morning tea (Scottish Breakfast blend, in honor of UBS) and still had the fucking eye patch over my eye, not because I was a doing a cool pirate look but because I have to tape my eye shut at night because I am still cursed with Bell’s Palsy (what? have I mentioned that before?) and my depth perception is fucked and I scalded my left hand with boiling water. Lovely way to wake up.
Sing along with me:
There’s no business
‘Cause snow business
Means no business, you know.
Everything about it is appalling.
The traffic stops except behind a plow,
Schedules and incomes take a mauling,
You’re sliding– falling– just like the Dow.
There’s no people ’cause snow, people,
Makes folks all just lay low.
Yesterday they told you you would not get far.
Last night it iced up so here you are.
Next day in your driveway you will curse the car.
Let’s all shovel the snow.
Let’s all shovel the snow.
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