* Comedian Sara Schaefer is responsible for the financial crisis.
* Speaking of Sara Schaefer, be sure to catch the premiere of Nikki & Sara Live tonight on MTV at 11pm ET. (Unless you hate being happy.)
* Perhaps the greatest gif in history.
* Get excited for this Rob Corddry spy show.
* Florida, you never fail to make us laugh.
* Kumail Nanjiani finds a vegan strip club in Portland, OR.
* A group of UFO believers in Colorado get industrious.
* Andy Richter must be pretty flexible if he can outsource himself.
* The Super Bowl is coming! You should learn how to talk about the Super Bowl.
* Dave Brubeck fought communism with jazz, like the great American he was.
Tags: Anderson Cooper, Andy Richter, China, Colorado, Communism, Conan O'Brien, Daily Links, Financial Reform, Florida, Funny or Die, Kumail Nanjiani, Portland, Rob Corddry, Sara Schaefer, Sports, The Onion, UFO
President Obama Courageously Signs Financial Reform into Law Despite Possibility That Conservative Blogs Might Say Mean Things About It
Somewhat less sexy than seeing to the ruination of a woman's career in an effort to placate right-wing bloggers, but still somewhat significant, Barack Obama signed financial reform into law today…
The law subjects more financial companies to federal oversight, regulates many derivatives contracts and creates a panel to detect risks as well as a consumer protection regulator. A number of the details have been left for regulators to work out, inevitably setting off complicated tangles down the road that could last for years.
But "because of this law, the American people will never again be asked to foot the bill for Wall Street’s mistakes," Mr. Obama said before signing the legislation. "There will be no more taxpayer-funded bailouts. Period."
Sounds good, but I don't know. I heard a rumor that a certain financial reform bill was going around town talking about how it didn't like white people. Don't know if it's the same financial reform bill or not. Maybe they should just go ahead and repeal this one now. Just in case.
Tags: Barack Obama, Financial Reform, House of Representatives, Senate
Once again, it's time to take some words and mix up all their letters and then put them back together again to create new words, but in a totally fun and hip way.
But first, here's a few from last week's challenge: F.C.C. Indecency Policy Rejected on Appeal…
Accept penciled F*** once in "Jeopardy" cycle. (Dharam)
Project Nipple Decadence: Fancy Ice Cloy. (sucka99)
E. coli left in Jay; crapped decency once. (Elizabeth)
Here's this week's headline…
Leave your anagrams in the comments.
Tags: Anagrams, Barack Obama, Financial Reform, Games and Challenges
Big news! Financial reform has somehow passed the Senate despite the fact that the Democrats' lack of a super-ultra-quantum-majority…
The vote was 60 to 38, with just three centrist Republicans from the Northeast joining with the Democrats in voting to advance the legislation. One Democrat, Senator Russ Feingold of Wisconsin, voted against the bill, saying it was still not tough enough. Senator Michael D. Crapo, Republican of Idaho, did not vote, and one seat — which was held by Senator Robert C. Byrd, who died last month — is vacant…
The bill would create a council of high-level federal officials, led by the Treasury secretary, to try to detect, and perhaps prevent, systemic dangers to the financial system, and it would give the government new authority to seize and shut down failing financial institutions, by liquidating assets and forcing shareholders and creditors to take losses.
Sounds promising, I think, based upon the minutes and minutes I've spent kind of thinking about it. But will it work?
"We won’t know the full results of what we have done until the very institutions we have created, the regulations we have suggested and provided for are actually tested," [Sen. Chris Dodd, banking committee chair and main author of the bill] said in a floor speech. "We can’t legislate wisdom or passion. We can't legislate competency. All we can do is create the structures and hope that good people will be appointed who will attract other good people — people who will make careers and listen and see to it that never again do we go through what we have gone through."
So, won't know if this bill is even worth anything until after we get hit with another huge financial crisis that threatens the very fabric of our national cohesion? I'm simply on pins and needles waiting to find out!
Tags: Banks, Chris Dodd, Economy, Financial Reform, Robert Byrd, Russ Feingold, Senate, Wall Street
As mentioned on last night's Daily Show, Jon Stewart's interview with White House adviser David Axelrod went long, but you can watch the complete segment here right now. You'll notice that in addition to being extended, the interview is also uncensored, which means there's absolutely no pixelation on Axelrod's mustache. So, you know, keep the kids out of the room.
Parts two and three can be found below.
The Daily Show airs Monday through Thursday at 11pm / 10c.
Tags: Barack Obama, David Axelrod, Economy, Financial Reform, Health Care, Jon Stewart, The Daily Show, Unemployment, Video