Speaking of Hope, here is a terrific bit of satire:
Clyde and Clark look over the country for our new president
Running on Hope from Douglas Sarine on Vimeo.
Running time 4:45
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
Q: Why do Economists provide estimates of inflation to the nearest tenth of a percent? A: To prove they have a sense of humour.
"The Greek offer is not sufficient and they have to go away to come up with a revised plan," said a spokesman for the German Finance Ministry. The Greeks must first have a plan that satisfies the Germans which this comment states they clearly don't yet and then the Greek Parliament will vote on it this weekend. This said, whatever package gets voted on in Greece is basically an up or down vote on euro membership so we are entering another uncertain weekend for global markets. A failed vote will likely lead to a hard default which may be what...
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February 17th, 2009 at 9:51 am
Pretty good. But I think it’s erroneous to say the special interests exist only between the different branches of Congress. I think they’ve been influencing presidential policy (and by extension the last Geithner plan) for quite sometime.
February 17th, 2009 at 9:59 am
Mark Twain and Will Rogers would be proud. You know we’re in trouble when the “serious” pundits always get it wrong, and the comedians always get it right.
February 17th, 2009 at 10:48 am
“RUNNING ON EMPTY!”
February 17th, 2009 at 11:40 am
SEC accuses Stanford Group of “massive fraud”. Another enormous Ponzi Scheme that many on Wall Street probably knew about but said/did nothing because of their little “code” among thieves. This is getting really ugly.
February 17th, 2009 at 12:27 pm
Another day, another $8B, Jeff. I wonder if this is the one Harry Markopolos mentioned.
You’re right, this is ugly. There will be more of these frauds/scams/Ponzis, especially in the offshore arena.
It’s very, very bleak out there today. I wonder if we are getting set for a counter-trend rally this week?
Quite a few of us flagged those over-priced tech stocks last week and today Steve Barry is raking it in.
The banks continue to bleed, XLF close to its lows again. Surely intervention lurks in the wings?
February 17th, 2009 at 12:37 pm
@lb: I’m also doing quite well with QID (loaded up here recently), SRS, EEV and FAZ today. Of course my longs are getting crushed, so I won’t make as much headway as Mr. Barry (he of the enormous cojones).
I just nibbled at some more DIG and ACI a short time ago.
February 17th, 2009 at 2:34 pm
Funny.
Though the obligatory goofing on churches-in-politics left me feeling cheerless.
I’m hearing more and more announcements in my church asking people to buy food and bring it to the church so it can be delivered to those who feed the homeless or those in need.
Basic staples: spaghetti, peanut butter, macaroni, tuna fish, rice.
I’ll bet stats. show that church attendance has risen dramatically in the past six months…