Why Treasury’s Paulson Wants Absolute Power

As ye sew, so shall ye reap… A list of what this latest, inevitable crash of Wall Street has cost some of its leading enablers (from yesterday’s NY Times). Surprising how, in the case of former Goldman Sachs CEO Henry Paulson, a $300 million loss to his portfolio would lead him to demand absolute, non-reviewable power to spend $700 billion …

Seven Easy Steps To A USA Coup

1: Steal 2000 and 2004 elections. 2. Appoint proven corporatist attorneys like John Roberts to the Supreme Court. 3. Appoint morons like Michael D. “Brownie” Brown to run critical government agencies like FEMA  to prove Reagan’s mantram that government is the problem, not the solution. 4: Start two expensive wars while simultaneously cutting taxes. 5. Deregulate Wall Street. 6. Bail …

McTerminator

The Maverick 2000 McCain Succumbs To The New T-5 Model In Florida Friday, Barak Obama commented on John McCain‘s schizophrenic responses to the Wall Street meltdown this week, saying McCain was.. “…in a panic. At this point he seems to be willing to say anything or do anything.” A brief summary of McCain’s erratic statements was reported in yesterday’s LA …

I Lived In A Box.

Guess who took this picture. John McCain still thinks someone wants to put him in a box. “When you’ve lived in a box,  you “only have time for right,” says a deep cowboy voice oozing authenticity, while the orgasmically large flat screen shows the aged maverick returning to his Vietnam prison cell and “forgiving” his captors— and their nation— for, …

McHoover On Wall Street Meltdown: We’ll Study It

Sarah Palin holding Trig, while Willow and Piper keep mom upright. First, a little context. When our self-proclaimed CEO president, George W. Bush took office the week of January 22, 2001, the Dow Jones Industrial average was 10,659. Yesterday, it closed 50 points under that. Bill Clinton left a budget surplus of over $250 billion. Bush will leave office with …

Fish Love Oil Rigs

“The fish love to be around those rigs.”  This means they think off-shore drilling is not only safe but necessary. But will they love to be around China’s oil rigs off Cuba?  You need to ask?? More than 600,000 Americans have lost their jobs since January. Home foreclosures are skyrocketing, and home values are plunging. Wall Street is hemorrhaging like …

Blame It On Black Monday

The Obama folks once again understate the obvious. Black Monday rolls into town today with a distinctively oily hue and cry, and that fulminating hoard of rats you see running along the bulwark are not rushing out to see the latest Pirates of the Caribbean folderal, but are enjoying a bout of panic brought on by another classic Film Noir: …