• February 13, 2012

wall street

Great news, everybody: After deliberately failing to help millions of American families stuck in vulture mortgages, the U.S. government is now giving those foreclosed homes to Wall Street for pennies on the dollar so that Wall Street can then rent the now-vacant foreclosures back to the same people pushed out during the Wall Street-caused housing [...]

It’s always good to talk about edumacation, right? Is our children learning, and such? Well Barack Obama certainly did all that last night — but he actually went so far as to blame dumb American children for the global economic collapse, which was actually designed and directed by the red right hands of Wall Street, [...]

In a desperate bid to prove he worships Wall Street enough to be allowed to remain president, Barack Obama has appointed General Electric CEO Jeffrey Immelt to the new White House group that will decide if CEOs are being treated well enough. (Obama is also shutting down the economic recovery panel led by Paul Volcker.) [...]

The general populace, according to pollsters, does not like the fact that Barack Obama made a big blue TARP that bailed out the Wall Street banks a couple years back, under the administration of George W. Bush. But it turns out the federal government has seen an 8.2% return on its investment, so suck on [...]

Remember when George W. Bush invited the leaders of Planned Parenthood and NARAL to the signing of his anti-abortion law? He did this because he was in the business of building bridges to his political opponents. But now the important objective newspaper The Washington Post (an offshore tax shelter run by the Kaplan Test Prep [...]

The cloture vote, it has happened! It passed with 60 votes and those 60 votes included Former Teabagger Hero/New Ted Kennedy Scott Brown. And that means the Senate will vote “for reals” on the Financial Regulation legislation, today. Is Scott Brown turning out to be kind of awesome? Compared to alleged Democrats like Ben Nelson [...]

The financial reform bill passed the Senate! So exciting. “FinReg” is what people called it, on Wall Street and also on Capitol Hill. Both Chris Dodd and Barack Obama are very happy/proud. So what did they do, anyway? It’s about 175,000 pages of legislation, so who knows? Wait, actually we do know: The financial regulation [...]

By the Comics CurmudgeonNormally this feature only brings you terrifying visions of nightmare horror, like rivers of blood and naked Dick Cheney and such. Editorial cartoons are full of these things, because editorial cartoonists think that they’re “edgy,” and much darker and realer than the people who draw, like, Blondie, man. But with so much [...]

The first explanation for last week’s 15-minute collapse of the entire global economy was that some Citigroup trader pressed “b” instead of “m.” That was too comical to be true. Then people assumed it was some big Wall Street hedge fund screwing around with high-frequency trading. That was too predictably evil to be true. Now [...]

GOOD LORD, THESE PEOPLE COULD NOT BE ANY MORE ANNOYING: “May 10 (Bloomberg) — In early 2007, with subprime-mortgage defaults soaring, Wing F. Chau teamed with Merrill Lynch & Co. to create a $300 million pool of assets that shared a name with the main character in The Matrix movies who discovers reality isn’t what [...]

Ha ha, no one will be buying credit-taker extraordinaire Jim Cramer a steak tonight after all, and Fat Fingers McGee will… who knows, get a bonus? The entire economy is fraud and comical nonsense: “Nasdaq Operations said it will cancel all trades executed between 2:40 p.m. to 3 p.m. showing a rise or fall of [...]

And now you know the dirty thoughts of an old Mormon senator from Nevada. [CNN via Wonkette sex researcher Monsieur Grumpe]

Once General Secretary Obama and Chief Commissar Pelosi have banned all capitalist activity more advanced that barter and turned Lower Manhattan into a giant open-air market for selling organic produce and hemp blankets, what will become of the tightly wound young men who made all that money for you and me, right up until the [...]

It’s the third vote on whether to allow discussion of financial/Wall Street reform legislation in the U.S. Senate! WHO WILL WIN? We are looking at C-SPAN because why not. John Kerry’s lurching around, deals being made, under-desk handjobs given, it is truly Democracy In Action. We will liveblog it for the next two minutes.

As we wait to see whether all 41 Republicans will hold their pledge to vote against even debating a bill to at least monitor some of Wall Street’s saddest practices, we must consider this new NRSC video, which says, “the Democrats get money from Wall Street.” Why aren’t people listening to the Republicans, who have [...]