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.

Read more of this post

Advertisements

postcards from the internets

by twit

when he’s right he’s right: “I have some news for John McCain,” Obama said, according to The Politico. “There was no Al Qaeda in Iraq until George Bush and John McCain” started their war… John McCain may like to say he wants to follow Osama bin Laden to the gates of Hell, but so far all he’s done is follow George Bush into a misguided war…”

when she’s right she’s right twice: “It’s a hard sell for Hillary to say that she is the only one capable of leading this country in a war when she helped in leading the country into that war.” aaaand: “It is only because of the utter open-mindedness of the press that Hillary can lose 11 contests in a row and still be treated as a contender.”

through the looking glass: “First came Harold Ickes, who gave a presentation about Hillary Rodham Clinton’s prospects that severed all ties with reality.”

and back again: “A new CBS News/New York Times poll finds Barack Obama with a 16-point lead over rival Hillary Clinton among Democratic primary voters nationwide…

When all registered voters were asked who they favored in a head-to-head general election match up between Obama and McCain, Obama led by 12 percentage points, 50 to 38 percent. In a Clinton-McCain match up, registered voters were evenly split, with 46 percent backing each candidate.”

when the kitteh’z right…

https://i1.wp.com/yeswecanhas.com/wp-content/uploads/2008/02/republicat.jpg

more postcards after the jump…

Read more of this post