a last hurrah for the cowboy mafia

by twit

as if we didn’t see it coming

Who wanted to hear from dismal economists warning that the whole thing was, in effect, a giant Ponzi scheme?

so do we really have to give away $100 billion to the folks sitting at the top of the pyramid?

The federal government theoretically will be repaid what it’s loaned except for $100 billion in losses incurred from buying some assets above market value.

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Hugo Chavez declares war on Alaska

by twit

by again offering donations of oil to rural parts of the state:

With heating oil prices approaching $10 a gallon in rural Alaska and reports of neighbors stealing fuel from neighbors to warm their homes, a Venezuela-owned oil company plans to supply free fuel to villages again this winter.  […]

Citgo has provided roughly 15,000 Alaska village households 100 gallons of heating oil each for the past two winters. If the company donates the same amount this year, some families will save as much as $1,000 on their fuel bills. It’s part of a program providing assistance to low-income communities in 23 states.

which means war!

The fact that the heating assistance is coming from Chavez led some eligible Alaska communities — such as St. Paul — to reject Citgo’s gift in the past.

It would have been unpatriotic to participate, said Steve Senisch, a local councilman who voted against the gift in 2007.

He predicted the council will vote the same way this time.

well, maybe less war this year…
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these should be everywhere

by twit

thank you, Consumerist.