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.
― Aimless, Tuesday, 30 September 2008 02:26 (fifteen years ago) link
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
― Drew Daniel, Tuesday, 30 September 2008 03:06 (fifteen years ago) link
are you saying Obama would rather win an election than save the economy, don?
― gabbneb, Tuesday, 30 September 2008 03:21 (fifteen years ago) link
ok I am doing this as hard as I can http://imagecache2.allposters.com/images/pic/LPG/50014~Finger-Posters.jpg
― TOMBOT, Tuesday, 30 September 2008 03:24 (fifteen years ago) link
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.
― ian, Tuesday, 30 September 2008 03:26 (fifteen years ago) link
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!
― Adam Bruneau, Tuesday, 30 September 2008 03:41 (fifteen years ago) link
http://www.dilbert.com/dyn/str_strip/000000000/00000000/0000000/000000/00000/2000/200/2590/2590.strip.print.gif
― James Mitchell, Tuesday, 30 September 2008 07:06 (fifteen years ago) link
Roubini: The risk of a total systemic meltdown is now as high as ever
― Dandy Don Weiner, Tuesday, 30 September 2008 11:05 (fifteen years ago) link
Mark Steyn invokes Boy George to make a point -- and gets it wrong.
― Ned Raggett, Tuesday, 30 September 2008 12:12 (fifteen years ago) link
I think that's an attempt at humour.
― caek, Tuesday, 30 September 2008 12:14 (fifteen years ago) link
That man is insane though
― Tom D says "...get them fuckin' up here, ya fuckin' walloper!" (Tom D.), Tuesday, 30 September 2008 12:16 (fifteen years ago) link
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..."
― It's 10.00 and I'm Huw Edwards. I don't write this stuff. (Marcello Carlin), Tuesday, 30 September 2008 12:28 (fifteen years ago) link
"...the market didn't fail me, I failed the market because I did not BELIEVE it could work!"
― It's 10.00 and I'm Huw Edwards. I don't write this stuff. (Marcello Carlin), Tuesday, 30 September 2008 12:29 (fifteen years ago) link
http://www.economist.com/finance/displayStory.cfm?source=hptextfeature&story_id=12327393
― Christopher Blix Hammer (Ed), Tuesday, 30 September 2008 12:59 (fifteen years ago) link
Too Victorian, didn't read
― Ned Raggett, Tuesday, 30 September 2008 13:29 (fifteen years ago) link
For real. Took me five attempts to parse the first paragraph.
― caek, Tuesday, 30 September 2008 13:33 (fifteen years ago) link
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
― Christopher Blix Hammer (Ed), Tuesday, 30 September 2008 13:52 (fifteen years ago) link
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"
― Vichitravirya_XI, Tuesday, 30 September 2008 13:52 (fifteen years ago) link
I was puzzling that, interbank, discount?
― Christopher Blix Hammer (Ed), Tuesday, 30 September 2008 13:56 (fifteen years ago) link
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...
― Adam Bruneau, Tuesday, 30 September 2008 14:03 (fifteen years ago) link
ABC/Millionaire
― jane hussein lane (suzy), Tuesday, 30 September 2008 14:08 (fifteen years ago) link
Fortunate son? (or is that just the GWB montage)
― Christopher Blix Hammer (Ed), Tuesday, 30 September 2008 14:09 (fifteen years ago) link
Neil Young, gross...
― jane hussein lane (suzy), Tuesday, 30 September 2008 14:12 (fifteen years ago) link
Credence
― Christopher Blix Hammer (Ed), Tuesday, 30 September 2008 14:13 (fifteen years ago) link
If you've got the money, I've got the timeWe'll go honky tonkin' and we'll have a timeWe'll make all the night spots, dance, drink beer and wineIf you've got the money, honey -- I've got the time
There ain't no use to tarry, so let's start out tonightWe'll spread joy, oh boy oh boy, and we'll spread it rightWe'll have more fun, baby, all way down the lineIf you've got the money, honey -- I've got the time
If you've got the money, I've got the timeWe'll go honky tonkin' and we'll have a timeBring along your Cadillac, leave my old wreck behindIf you've got the money, honey, I've got the time
Yes we'll go honky tonkin', make every club in townWe'll go to the park where it's dark, we won't fool aroundBut if you run short of money, I'll run short of timeCause you with no more money, honey -- I've no more time
― Tracer Hand, Tuesday, 30 September 2008 14:17 (fifteen years ago) link
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?
― Dr Morbius, Tuesday, 30 September 2008 14:17 (fifteen years ago) link
That's 'creedence', actually. xpost
― jane hussein lane (suzy), Tuesday, 30 September 2008 14:19 (fifteen years ago) link
...and I hate them too.
Hank Paulson - what's on your iPod?
― Tracer Hand, Tuesday, 30 September 2008 14:19 (fifteen years ago) link
(Tracer, I wish you were here to go playoff TV honkytonkin')
― Dr Morbius, Tuesday, 30 September 2008 14:20 (fifteen years ago) link
creedence rules haters
― Mr. Que, Tuesday, 30 September 2008 14:22 (fifteen years ago) link
srsly
― \\\\\\\\YES//////// (ice crӕm), Tuesday, 30 September 2008 14:23 (fifteen years ago) link
creedence are invincible
― caek, Tuesday, 30 September 2008 14:23 (fifteen years ago) link
Me too Morbs.. then I wouldn't have to miss all the west coast games, which will start at approx. 2am GMT
― Tracer Hand, Tuesday, 30 September 2008 14:23 (fifteen years ago) link
BST
― caek, Tuesday, 30 September 2008 14:24 (fifteen years ago) link
oh WHATEVER
― Tracer Hand, Tuesday, 30 September 2008 14:25 (fifteen years ago) link
SNAP
― caek, Tuesday, 30 September 2008 14:25 (fifteen years ago) link
if you don't like creedence, you don't like america, this thread is about the US Economy, i.e. America=stfu
― Mr. Que, Tuesday, 30 September 2008 14:26 (fifteen years ago) link
xp p.s. i am coming on your show, you know this, right?
― caek, Tuesday, 30 September 2008 14:26 (fifteen years ago) link
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?
Regardless of whether this plan is the correct answer or not, this reasoning makes no sense. The approval of the American people has no bearing on whether action needs to be taken to avert a financial crisis.
― i am the small cat (HI DERE), Tuesday, 30 September 2008 14:38 (fifteen years ago) link
http://www.becker-posner-blog.com/
― Christopher Blix Hammer (Ed), Tuesday, 30 September 2008 14:38 (fifteen years ago) link
Ooh! "No Money No Honey"!
― Adam Bruneau, Tuesday, 30 September 2008 14:40 (fifteen years ago) link
roubini proposed some alternatives to the bailout plan
http://www.rgemonitor.com/roubini-monitor/253783/is_purchasing_700_billion_of_toxic_assets_the_best_way_to_recapitalize_the_financial_system_no_it_is_rather_a_disgrace_and_rip-off_benefitting_only_the_shareholders_and_unsecured_creditors_of_banks
― sleep, Tuesday, 30 September 2008 14:42 (fifteen years ago) link
One J. Goldberg huffs and puffs and then curiously adds:
I loathe populism.
Guess all the Simpsons talk was just a put-on.
― Ned Raggett, Tuesday, 30 September 2008 14:47 (fifteen years ago) link
The approval of the American people has no bearing on whether action needs to be taken to avert a financial crisis.
Congresspeople represent the American people. If the approval of the American people has no bearing on the decisions of congresspeople, then those congresspeople do not represent the American people. Hence the approval of the American people should bear on the decisions of congresspeople.
― Peter Cetera (Euler), Tuesday, 30 September 2008 14:56 (fifteen years ago) link
Is "Congresspeople" a word?
― Tom D says "...get them fuckin' up here, ya fuckin' walloper!" (Tom D.), Tuesday, 30 September 2008 14:58 (fifteen years ago) link
its got those women-americans in them now
― sturt banton (burt_stanton), Tuesday, 30 September 2008 14:59 (fifteen years ago) link
I understand what you're saying, Dan, but this is dangerously close in sentiment to Dick Cheney's "Who cares what the fuckin' polls say?"
― Oh my god pink flamingoes (Pancakes Hackman), Tuesday, 30 September 2008 15:00 (fifteen years ago) link
caek yes! we still have to decide what story we're going to saddle you with, though. sadly there is not anything else in the lineup with quite the same amount of astrophysics as "pail of air" but we will try.
― Tracer Hand, Tuesday, 30 September 2008 15:02 (fifteen years ago) link
Okay guys: what should we do then, to avert the crisis? Got any ideas?
― Mr. Que, Tuesday, 30 September 2008 15:03 (fifteen years ago) link