Latest Posts
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Bailout! The Musical
Having as hard a time as everyone else in the world at figuring out what the hell is going on with our economic crisis so that you can figure out who to blame?New Yorker editor Ben Greenman's piece of economic musical theater (that might be the first time those three words were ever used together) might help you out. And give you something to sing while you're nailing boards up on your shanty's windows…
HENRY PAULSON:
Come now, travel with me
Back to 2001
Remember the big boom?
That was an awful lot of fun
Alan Greenspan warned
About the bursting bubble
He lowered all the interest rates
To try to forestall trouble
That led in turn to a big run
On purchases of real estate
Offset falling stock prices
With property? It all seemed great
But then the subprime borrowers
Started to default
And our proud economy
Began to grind to a haltThe DOLLAR BILL snores.
CREDIT CARD:
What the hell?
The dollar's snoringDOLLAR:
Sorry, guys
This movie's boringRead the whole thing.
Tags: Economy, Henry Paulson, New Yorker -
The Fundamentals of This Screen Grab Are Strong
Here's a screen grab one of our friends took of Secretary of the Treasury Hank Paulson and Federal Reserve Chairman Ben Bernanke emergency hearing to the Senate Banking Committee this afternoon…

Kinda says it all, doesn't it?
* Goddamit! I hardley wrote anithing yestarday, and I had too go and speel "Fundementals" incorectly. I suke.
Tags: Ben Bernanke, Economy, Henry Paulson, Senate