U.S. unemployment hits 15 percent

March 12, 2009

The rarely reported U6 unemployment rate recently hit 15 percent. A lot of smart economists think it paints a better picture of the job market than the more commonly reported U3.

Cheney’s “assasination ring”

March 11, 2009

I knew it. I fucking knew it. This dick is a terrorist.

Seymour Hersh:

“Under President Bush’s authority, they’ve been going into countries, not talking to the ambassador or the CIA station chief, and finding people on a list and executing them and leaving. That’s been going on, in the name of all of us.”

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From us to AIG to…Goldman?

March 8, 2009

We are bailing out AIG because it has to pay 25 banks – including Goldman  and Bank of America – for credit default swaps it sold when this whole scam should have been illegal. The only solution is to nationalize what’s left of AIG and tell those banks tough luck on any more payouts. Obviously, we should have never bailed out AIG in the first place, and those swaps should have been regulated like insurance. Too late for that. But an AIG bankruptcy and a domino effect of bank failures couldn’t be any worse than the economic purgatory we now occupy. Now all we’re doing is financing the New York elite’s status quo, rather than putting all of those crooks in jail.

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Another sign

March 4, 2009

From Politico.com:

“Limbaugh’s overall ratings were even lower than the Rev. Jeremiah Wright, Obama’s controversial former pastor, and William Ayers, the domestic terrorist and Chicago resident who Republicans sought to tie to Obama during the campaign.”

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P.S. Now I think I like Limbaughcalypse better.

Sign of the Limbaughpocalypse?

March 4, 2009

Random Tuesday pic

March 3, 2009

Chosen at random from the archives:

im000090

Dead Corp. Walking

March 2, 2009

Right now, AIG, the bloated company that specializes in selling insurance and losing money (although not in that order), has a market capitalization of just over $1 billion.

The U.S. government has already poured in $162.5 billion, with more to come.

Why don’t we just nationalize this zombie company, buying shares at a premium of $2 billion or so? Then we can decapitate the morons that were running the show from the rest of the business (and possibly prosecute them) and clean AIG up, split it into functional several companies, and resell it, rather than just trying to put out a fire with cash and more cash.

Word Clouds

February 25, 2009

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One of my favorite websites of all time

February 24, 2009

Facemorph:

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Big news in weed

February 23, 2009

In a time of fiscal crisis, California does the logical thing and moves towards legalization of marijuana.

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