debt
One of the great pleasures of last year’s campaign season was seeing the consulting firm of Mark Penn, history’s greatest monster, end up millions of dollars in the hole for all the great work they did on behalf of losing candidate Hillary Clinton. How was Penn going to afford his lavish subterranean cave and the [...]
Michelle Obama is the spokeswoman for the new and groovy United We Serve initiative. But consider this: first we were asked to “stand” united and now the government wants us to “serve” united? That’s a big leap there, going from just standing around to “cleaning up a neighborhood park”, united. Baby steps Michelle, baby steps. [...]
Here is the known dingus, Governor Mark Sanford, saying some thing about why he doesn’t want to spend the stimulus money on stimulation. Instead he would like to use it to pay off some loans. President Obama told him no dice, so now Sanford is literally taking food out of the mouths of poor South [...]
Eliot Spitzer has a great idea for making college more affordable! Ha, not really. But he has an idea about how we can make it possible for people to pay back their $160,000 loans from undergrad without ending up in debtor’s prison.
No one is investing in anything now — even in newspapers or crappy cars! — so it’ll be hard for every state in the country to lure short-term debt investors, since they’re all expected to become insolvent at some point(s) within the next few years. (Ha ha, sucks not being able to print money, doesn’t [...]
Good work, America! And all it took was 750 trillion mortgage/credit card/auto loan defaults, ruining everyone’s ability to take on new, “responsible” debt in the future, but that’s probably a good thing. Now: GET JOBS. [CNN]
For veritable days we have been racking our brains, trying to figure out why Hillary Clinton would be interested in a Secretary of State position. It ain’t exactly a stepping stone to the presidency, and in her beloved Senate she can be her own boss and work on all those domestic things she loves so [...]
HERE’S A LITTLE EXTRA, BUY SOMETHING NICE FOR MRS. AIG: The government will give terrible insurance whore AIG another $37.8 billion loan in addition to the $85 billion one it received last month. (Ken mentioned this too!) All you have to do is ask politely and put on a sad puppy face! WOULD ANYONE ELSE [...]
Morgan Stanley and Goldman Sachs, the two largest independent investment banks to not have been brutally murdered yet, are… moderately fucked? Both companies’ stock prices have been dropping a solid 10-20% each of the last few days, but supposedly that will curtail when people calm the fuck down. WHICH WILL NEVER HAPPEN, which is why [...]
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 — [...]
Bill Clinton e-mailed us today and guess what he wants, that’s right, more money. He writes that you can purchase a DVD of Hillary & Bill’s convention speeches for $50 dollars, today! And if you pay $250, you get the same thing but SIGNED BY HILLARY. It is called the “Signature” Edition! Oh man, these [...]
The other day we mentioned Hillary Clinton’s latest attempt to win back $11 million of her $109 million fortune, the “Have Dinner With Hillary” contest. Today, Bill Clinton sent out another e-mail about the contest, and it’s gross. He writes, “Of all the people I’ve had the privilege to break bread with, the person I [...]
