Wall Street is waiting for their trillion dollar Christmas present from Washington, and the markets are showing how anxious they are: On top of that oil is skyrocketing today. At least Wall Street might get Christmas, since the rest of us won’t.
He is either lying or just plain dumb, but today John McCain said he didn’t know about Carly Fiorina’s $40 million payout when she was fired from her job as CEO of Hewlett Packard. It has amazes me how the Republicans hold up Fiorina as some hero of business management, despite her performance and ultimate […]
So we have this bailout that is needed for Wall Street to survive. The only problem is that Wall Street wants the plan carved their way or no way. From the WSJ: House Republican staffers met with roughly 15 lobbyists Friday afternoon, whose message to lawmakers was clear: Don’t load the legislation up with provisions […]
Oh yeah – we have become a socialist nation. Not being online gave me more time to surf the channels and catch all the economic gurus talking about this collapse. It’s funny how everyone is now saying “oh I predicted it would happen”. I remember last summer when Jim Cramer was talking about it and […]
Pretty bad when a Murdoch company is now going after the right’s golden child: An informal adviser who has counseled Gov. Sarah Palin on ethics issues urged her in July to apologize for her handling of the dismissal of the state’s public safety commissioner and warned that the matter could snowball into a bigger scandal. […]
Dow closes down nearly 300 points with concerns about the future of Lehman Brothers. But the fundamentals of our economy are still strong and the people on Wall Street are just whiners. Just ask the McCain campaign.
Basically every media outlet has called out the McCain campaign on Palin’s lies about the Bridge to Nowhere, but they still push those lies. John McCain and Sarah Palin must think Americans are some really stupid, uninformed idiots to not realize they are lying. Will America vote for a ticket that insults them so much? […]
The Wall Street Journal published this little gem: The Logan Act makes it a felony and provides for a prison sentence of up to three years for any American, “without authority of the United States,” to communicate with a foreign government in an effort to influence that government’s behavior on any “disputes or controversies with […]
Everything Murdoch touches turns to crap, and the Wall Street Journal is the latest piece of media turned tabloid by the media mogul. The latest example, an article asking if Barack Obama is too fit (as in athletic) to be President.
Yup Americans are still losing their houses, no matter how hard the idiots on Wall Street try to tell you that the economy isn’t that bad.