Rolling US Economy Into The Shitbin Thread

(sorry Tom)

nine figures tomorrow!!

haha Shakey, NICE. It hurts a lot worse than my vasectomy did.

and in the interest of the thread, the national debt is racing towards $10 trillion.

http://calculatedrisk.blogspot.com/2008/09/national-debt-race-to-ten-trillion.html

hey gabbneb, does it ever get hard toeing the party line?

Does it ever get hard repeating GOP talking points?

Dragging up Gingrich stuff is a height of desperation that I honestly didn't think you could muster.

not really. he seems to be the 'intellect' behind the GOP young guns.

Meanwhile, after Pelosi finally gets a bill passed, don't cry too hard when it doesn't push Congress' approval ratings above Bush.

why would I care about Congress' approval rating? oh right, you were doing the Congress=Democrats conflation thing again.

I'm still unconvinced that Congress needs to do something about this. And why is there such a rush to do something? If Americans aren't soundly behind this, as I gather from polls and from what congresspeople are saying (Dems and Republicans), then doesn't this favor inaction while a better case is made for intervention?

i think thats a reasonable concern, but id think that docs would be able to lobby for debt forgiveness in exchange for indentured servitude gbx.

xpost

(geez - are these boards really in need of such "moderation" now that one isn't even allowed to digress?? not that these particular digressions would be productive but..when did this hyper-vigilance start?

ilx3 will never = the old ilx again!)

I am just being thread police because there are already lots of politics threads like "What's A Democratic Congress Going To Do?" for example

and old ILX was just as bad or worse we all know this

like a Democratic Congress!

spendocrats

point taken

oh man we are stuck watching o'reilly in here tonight for some reason and this cheryl casone bitch is losing her shit!! WALL STREET IS MAIN STREET WAKE UP PEOPLE YOU'RE NOT BAILING OUT FAT CATS YOU'RE BAILING OUT YOURSELVES!!! so I guess it isn't just socialism for the rich, it's socialism for the whole country! way to go lady

"in soviet union, gasoline pays for YOU."

bad news for the market is good news for Obama

Funny, the thrust of the info at the other end of your link is that McCain booted himself in the arse, by his own foolish actions in regard to the bailout bill. Why not say McCain acting stupid, self-important and erratic while economy tanks is good news for Obama. This would be more accurate.

to hear him tell it, they used to call him "the sheriff", you know . . . sounds like i's flaming arrows time for the old sheriff

are you saying Obama would rather win an election than save the economy, don?

ok I am doing this as hard as I can
http://imagecache2.allposters.com/images/pic/LPG/50014~Finger-Posters.jpg

I wish the suggest ban link took you to a form so that you could specify WHY exactly you think the user should be banned. It would be therapeutic.

If my wife was the heiress of a world-wide corporation that sells booze I would be certain that even if things went to absolute shit, we would still be zillionaires. Probably even more so!

Cos you know, if you're broke and you're unemployed and you're feeling shitty about your country damn straight you want a beer!

http://www.dilbert.com/dyn/str_strip/000000000/00000000/0000000/000000/00000/2000/200/2590/2590.strip.print.gif

Roubini: The risk of a total systemic meltdown is now as high as ever

Mark Steyn invokes Boy George to make a point -- and gets it wrong.

I think that's an attempt at humour.

That man is insane though

A stunned Mr Steyn, squatting on the sidewalk as his saleable goods were taken out of his home and loaded onto the pick-up truck, mouthed: "I'm playing with words you see...is funny..."

"...the market didn't fail me, I failed the market because I did not BELIEVE it could work!"

http://www.economist.com/finance/displayStory.cfm?source=hptextfeature&story_id=12327393

Too Victorian, didn't read

For real. Took me five attempts to parse the first paragraph.

I'm glad he is starting to look haggard, till now he's been looking like he's been getting 10 hours a night through all this.

http://newsimg.bbc.co.uk/media/images/45065000/jpg/_45065272_bush_30_9.jpg

So what do the people on this thread - like Tombot i guess in particular and i forget whoever else - virulently oppose the "bailout" (or a "rescue" eh?) ...what do they propose as an alternative solution for the credit markets? Or do you espouse no activity at all Tom, now that you think "the worst is over," due to the bank mergers being near complete, etc? just curious

in that 1929 article i am supposing that "bank rate" = "interest rate"

I was puzzling that, interbank, discount?

It's Karma, Mr Steyn, which is far more appropriate than what you came up with!

Can anyone think of a good song to do a Wall Street-is-collapsing montage to? I really want to do one and youtube it but I'm having trouble thinking of the perfect song. Not "Bad Moon Rising", not "Instant Karma", I wonder...

ABC/Millionaire

Fortunate son? (or is that just the GWB montage)

Neil Young, gross...

Credence

If you've got the money, I've got the time
We'll go honky tonkin' and we'll have a time
We'll make all the night spots, dance, drink beer and wine
If you've got the money, honey -- I've got the time

There ain't no use to tarry, so let's start out tonight
We'll spread joy, oh boy oh boy, and we'll spread it right
We'll have more fun, baby, all way down the line
If you've got the money, honey -- I've got the time

If you've got the money, I've got the time
We'll go honky tonkin' and we'll have a time
Bring along your Cadillac, leave my old wreck behind
If you've got the money, honey, I've got the time

Yes we'll go honky tonkin', make every club in town
We'll go to the park where it's dark, we won't fool around
But if you run short of money, I'll run short of time
Cause you with no more money, honey -- I've no more time

I still remember the day in the '80s when Reagan told an audience ('84 reelection stumping?), "Today the Dow Jones hit THE MAGIC 1,000 MARK." (Crowd: "Oooooh!")

CAN IT HAPPEN AGAIN?

That's 'creedence', actually. xpost

...and I hate them too.

Hank Paulson - what's on your iPod?

(Tracer, I wish you were here to go playoff TV honkytonkin')

creedence rules haters

srsly

creedence are invincible

Me too Morbs.. then I wouldn't have to miss all the west coast games, which will start at approx. 2am GMT

BST

oh WHATEVER