Feed on

To read this post, you need to open this link in another tab, but don’t read it yet (I’ll blockquote below anyway for you lazier readers).

Once it’s open, please play this audio track (there’s no animation to watch) while you read.

[A]merica has the stupidest goddamn investors on the planet. For months they sat around cheering on the tea partiers and declaring solemnly that the federal budget was just like a household budget and we needed “real action” on the debt in order to build confidence in the economy. Then, suddenly, when they got it, they realized that what they really wanted wasn’t dumb slogans but actual policies that would help spur the recovery. And that means looser monetary policy and fiscal stimulus.

The Dow plummeted Wednesday, but rallied late in the day. Today the markets shit the bed.

Dow Jones: 11,383.68; -512.76 (-4.31%)

S&P500: 1,200.07; -60.27(-4.78%)

Nasdaq: 2,556.39; -136.68(-5.08%)

I’m writing this at 10:42 EST: three hours ago CNBC posted “Asia Dives as Growth Fears Hurt Risk Appetite”. As atrios likes to say, “Wheeeeeeeee!!!!!!” I suspect the roller coaster that only goes down is not over yet. Checking back at google finance, all global markets are down. Double “Wheeeeeee!!!!!”

Of course, this would be a lot funnier if the butt of the joke was only the wealthy. Instead, we’re all going to take it in the can, and not in the nice consensual way either.

Ah well. At least we will have the bitter, taunting laughter of Nelson Muntz, a cartoon character, to keep us warm in our cardboard boxes under the bridge. Provided we have wi-fi.

Never found a girl

Daryl Hall with Booker T. Jones and Mayer Hawthorne:

Green onions

Booker T. Jones with Daryl Hall and Mayer Hawthorne:

Strange arrangement

Meyer Hawthorne with Daryl Hall:

The Onion’s Obama birthday joke was satire, I guess, in the lamest sense of the word. Here’s how it would read if the Onion writer had acknowledged what happened this week in D.C.

Special comment

This was on Countdown earlier this week, and I was just so busy catching up that I forgot to post it. But here it is now, thanks to a reminder from Avedon:


Wisconsin recall

Here’s a new song called “Scott Walker, Motherfucker”:

Click to see lyrics:
Continue Reading »

Handy chart

8 pro-democrat spending facts

Infographic courtesy of Business Loans

If you live in Philly

Lots of cool stuff to attend in the next few days!

Uh oh

Now we know just how bad the economy is. Comcast just sent me a letter telling my promotion rate would be extended for another year.

I’ve been cancelling it and renewing it for years. Never got a letter like that before!

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