I Approve This Message

Flickr user Paul Keleher: Vote No sign

No. Blank. Checks. For. Crooks.

Thers at Eschaton:

I think everyone who reads this blog who's American, first thing on Monday morning, needs to call their Representatives and Senators and say: No. Blank. Checks. For. Crooks.

Be as polite as you can be and don't use bad words. Personally, this injunction may limit the duration of my calls to under a thirtieth of a second, or shorter.

TO CLARIFY. Look, right now the choice is, Bush's Plan, or Something Else. Kill Bush's Plan now, worry about Something Else later.

Never Forget

Congratulations, America, your government's going to buy BIG SHITPILE for what is estimated to be the bargain price of $3, or 5, or 7 trillion dollars!(they really have no idea of the actual number) Because the thieves of Wall Street had built businesses that were TOO BIG TO FAIL!

So next time your government tells you that we can't afford universal healthcare, social security, medicare, paid family leave, childcare, Head Start, all those programs that benefit ordinary Americans who earn less than six figures, remember this day.

We can afford anything. Republicans and conservatives just CHOOSE to give their money to their rich pals on Wall Street.

Do you think the CEO of AIG knows how many houses he owns? Of course not. Like John McCain he is awash in wealth and is completely divorced from the problems of ordinary Americans. Yet we just lavished $85 billion dollars on his empty shell of a company, which paid him to pretend the sham mortgages were worth something.

Wall Street just ran a giant Ponzi scheme and the US government let it happen, then rushed in to pick up the tab.

And John McCain's response? The fundamentals of our economy are strong.

Every Democratic surrogate who appears on TV for the next six weeks must repeat that statement at least once.

The fundamentals of our economy are strong.
The fundamentals of our economy are strong.
The fundamentals of our economy are strong.

A man who would say that in the middle of the greatest destruction of financial wealth that the world has ever seen isn't fit to be President.

The Stupid, It Burns

OMG

Just watching Campbell Brown's terrible CNN "show" with her very knowledgeable guests.

Ali Velshi just said that ultimately, a taxpayer bailout like the one we had during the S&L bailout of the 1980s won't cost taxpayers any money, because the market will rebound and regain all its value. (So that 1.4 trillion we taxpayers spent propping up the empty shells the S&L thiefs like John McCain's big buddy Charles Keating and George W. Bush's brother Neil (Silverado S&L) left in their wake? Nothing. Nothing!)

What was that song they used to play on MTV? Money for nothing, and chicks for free.

At that point anything seemed more honest and plausible, so I'm watching Colin Farrell flounce through Alexander.

They think you're stupid. Prove you're not. Vote Obama '08.

Chris Matthews Tears Into Eric Cantor (R-Va)

Even Tweety can see that this dog won't hunt.

New Obama Ad

Finally. This is what I want to see. This isn't negative, or reactive, or wimpy. It's timely, and defines the opponent by his own words.

More like this, please!

Heckuva Job, Jebbie

Let's meet at the country club for drinks and laugh about the economy.

Former Florida Gov. Jeb Bush, right, and others, applaud as Republican presidential candidate Sen. John McCain, R-Ariz. speaks at a town hall meeting in Orlando, Fla., Monday, Sept. 15, 2008.
(AP Photo/John Raoux)


Yesterday 158-year-old Wall Street firm Lehman Bros., which survived the Great Depression, went bankrupt.

John McCain said in a town hall meeting "The fundamentals of our economy are strong". (The breathtaking stupidity of John McCain on display.)

Maybe he was talking about his supporter Jeb Bush, who like the rest of the Bush Crime Family makes money fleecing others. Bush was hired by Lehman a year ago. Coincidence that Florida pension are going to take a hit because of their investments in Lehman stock and bonds? I doubt it. Bush isn't going to give back his Lehman paycheck. Country club economics at its finest. The rich get richer, and the taxpayers get screwed.


Reuters (August 30, 2007): Lehman hires Jeb Bush as private equity advisor

Miami Herald: Florida pension fund, Citizens [Property insurer] hold Lehman securities

The bankruptcy of Lehman Brothers, a prestigious Wall Street firm, will touch Florida's pension funds and the state-run insurer because both hold its securities.

The State Board of Administration holds $322 million in Lehman stock and bonds. The SBA manages the state's employee fund and more than two dozen other funds, including assets for the Florida Hurricane Catastrophe Fund and the Florida Prepaid College Plan.

Dennis MacKee, a spokesman for the SBA, said the agency has an $84 million unrealized loss on its holdings.

About two-thirds of the securities are held by the Florida Retirement System, which includes the pension funds for local counties such as Miami-Dade and Broward. The rest is spread out in the catastrophe fund and the Lawton Chiles Endowment Fund, which helps fund Medicare.

Olbermann: Economic Meltdown, McCain/Gramm, Paul Krugman

Krugman in Part 1 calls John McCain the next coming of Herbert Hoover.

Part 1:



Part 2:

Lehman Bros. Implodes. McCain: "The Fundamentals of our Economy are Strong"

McCain is out of touch. Maybe the country club economy is strong -- all those Lehman Bros. bigwigs will keep their 2007 bonuses -- but the rest of us are paying through the nose for the Republican mismanagement of the economy.