or Powell's or me• • •
"Mike and Jon, Jon and Mike—I've known them both for years, and, clearly, one of them is very funny. As for the other: truly one of the great hangers-on of our time."—Steve Bodow, head writer, The Daily Show
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"Who can really judge what's funny? If humor is a subjective medium, then can there be something that is really and truly hilarious? Me. This book."—Daniel Handler, author, Adverbs, and personal representative of Lemony Snicket
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"The good news: I thought Our Kampf was consistently hilarious. The bad news: I’m the guy who wrote Monkeybone."—Sam Hamm, screenwriter, Batman, Batman Returns, and Homecoming
March 11, 2008
Dean Baker On Fed Bank Bailout
In a must-read, Dean Baker explains here how the Federal Reserve may have just handed over hundreds of billions of government money to America's richest banks. He also examines the reasons this is a bad idea, both the obvious and the non-obvious.
I realize this isn't as fascinating as Eliot Spitzer's wang, but it's actually kind of important. It would be nice to live in a country where we were capable of paying attention to important things.
—Jonathan Schwarz
Posted at March 11, 2008 07:23 PMGeorge is just emptying the Treasury for US. 9 months to go.
Posted by: Mike Meyer at March 11, 2008 09:06 PMwell, I think the bailout is ill considered, but your loser buddie's explanation is painfully simplistic. again, I beg you people, stick to things of which you know something, like nazi teacups. and leave things like energy, banking, economics, history, public policy to people like me, who do actually possess expertise in these areas.
on another note, my little firecracker here continues to astonish me. every girl considers me the best, but this little girl basically has one huge rolling orgasm from start to finish, two or three times a night. oh, and Georgian food is a treat that you clowns will never experience.
Posted by: xyz at March 12, 2008 07:34 AMOne thing that occurred to me around the time of the S&L scandals was that, for the rich, being able to borrow someone else's money is really just as good as having money of your own. For the rich, "loan" and "gift" are really equivalent terms, because the rules that apply to us working-class folks don't apply to them.
I'd be terrified to borrow a million dollars, for example, because I have no idea how I could pay the money back. But the rich would say, "Pay it back? What do you mean, 'pay it back'?"
Posted by: SteveB at March 12, 2008 08:39 AMseems to me the only topics in which 'xyz' possesses any special knowledge or expertise is how to stroke his dick all shiny...and that's useless to anyone but himself...
Posted by: konopelli/wgg at March 12, 2008 09:25 AMHey xyz go Cheney yourself you fucking weasel
Posted by: PR at March 12, 2008 11:46 AMseems to me the only topics in which 'xyz' possesses any special knowledge or expertise is how to stroke his dick all shiny...and that's useless to anyone but himself...
Hey xyz go Cheney yourself you fucking weasel
Honestly, what's the point of responding? Isn't it clear by now that this guy desperately craves our attention? PLEASE stop giving him what he wants. And this will be my last word on this sad subject.
Posted by: SteveB at March 12, 2008 12:27 PMFor fast, fast relief from the anxiety brought on by the Federal Reserve proposal to lend $200 billion to the banks using pocket lint as collateral, I recommend reading "Making Money" by Terry Pratchett, available at fine bookstores and local libraries everywhere.
Posted by: Monkay at March 12, 2008 04:59 PMGold hits $1000 per ounce and Carlyle Capital hits insolvency.
Posted by: Mike Meyer at March 13, 2008 11:19 AM
