Detroit’s PR problem

Justin Fox over at Time offers up a comparison between the failures of Wall Street and Detroit:
“Imagine there was this industry–Industry A–that had been flying high for years. It benefited from major regulatory shifts, and changes in the tax code. Its employees were the highest paid of any industry. Then it landed in a crisis [...]

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Anthropomorphic Brontosaurus

From the Washington Post’s Tom Toles:

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Financial fail fallout

The Washington, DC Metro system is the only public transit system in America without a dedicated funding source.  Consequently, Metro goes ’round hat-in-hand trying to find contributions from the DC, Maryland, Virginia, and federal governments.  This please sir may I have another? approach has left the system short approximately $1 billion per year needed for [...]

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Disjointed linkage

Alan Greenspan discovers that banks can’t regulate themselves. In other news, gambling has been discovered in Casablanca.

Former leader of the lunatic-right Austrian Freedom Party Jorg Haider died in a car accident on October 11.  Today, the new party leader confirmed in a radio interview that he and Haider had been lovers.  Sadly, Bruno could not [...]

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Salvation Republican Army

With Wall Street wavering and populists left and right decrying corporate greed, we may be losing sight of the real victims in the current financial crisis:  The Irish Republican Army.
As per the British and Irish press, the IRA may have lost a substantial amount of money in the banking collapse.  Sources say [...]

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My friends, the wheels are coming off (updated)

Earlier today, Elizabeth Bumiller of the evil New York Times reported:
“Senator John McCain said Wednesday that he would temporarily suspend his presidential campaign on Thursday to return to Washington to deal with the financial crisis and the $700 billion bailout package now before Congress.”
Mavericky stuff there, lookin’ all post-partisan. But wait, there’s more!
“Mr. McCain [...]

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Tuesday tidbits

Kos catches this winner in the 2008 Republican Party convention platform:
“We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself.”
GOP is splintering.  Guess only some Republicans are socialists above $100 billion.
And this letter to the [...]

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