Naomi Klein hits the nail squarely on the head: the Bush gang is looting the US treasury on their way out of power, and we are helping them do it. http://www.naomiklein.org/articles/2008/10/bailout-bush-s-final-pillage One quote: The banks are free to spend the new money as they wish. At Morgan Stanley, it looks like much of the windfall […]
I find it ironic that people aren’t more upset about the bailout package that was supposed to fix our economic woes. So far, it looks more like an early Christmas present for the banks and investment houses before the Bush administration leaves office, while simultaneously making our economy worse instead of better — by wasting […]
This is one of those “hell freezes over” moments that I never thought would happen. Former Chairman of the Fed from 1987 to 2006 Alan Greenspan is testifying before Congress, and has admitted that he was “partially” wrong to oppose regulation of derivatives. But he still blamed the financial meltdown on a “once-in-a-century credit tsunami”. […]
See more Natalie Portman videos at Funny or Die
Andrew Lahde, of Lahde Capital Management, writes a goodbye letter. He is shutting down his $300 million hedge fund, not because he didn’t make lots of money, but because he did. In this interesting letter, he talks about the idiots who helped make him rich, the meaninglessness of money, how the US Government is broken, […]
I’m very interested in reader’s reactions to this comic. Regardless, it is intensely ironic. © Ruben Bolling
Here at Political Irony, I love it when comedians hit the nail on the head better than the pundits or other experts. Here are two British comedians — back in 2007 — who exactly describe what was about to happen in the financial markets. Plus it is extremely funny (in a scary kind of way).
Wall Street and the stock market crashed in October 1929. What a difference an economic meltdown makes. In 1928 Herbert Hoover received 444 electoral votes, four years later he was only able to scrape up 59: Maps from 270 to Win
As goes the economy, so goes McCain — down: From Arjun Modi From Steve Lombardo in Pollster.com: The past 14 days have transformed this election. The financial crisis has catapulted Obama into the lead both nationally and in key states. We have been saying for six months that the political environment has favored the Democrats […]
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