Letters posted here are associated with the following Salon Premium Member:
Published Letters: 259
Editor's Choice: 23
· PALIN evades a question by mentioning state rights.
· BIDEN says he takes the train home every day.
· PALIN fills time by listing all her kids, by their ridiculous names.
· BIDEN talks about Scranton.
· PALIN blames Iraq for 9/11.
· BIDEN blames McCain for 9/11.
· PALIN says “like” as a White Trash discourse particle or interjection.
· BIDEN audibly laughs at Palin.
· PALIN stares blankly when she can’t answer a question.
· BIDEN makes a sarcastic joke that goes right over Palin’s head, along with about half the viewers.
· PALIN says anything comically retarded about Russia or Canada.
LIGHTNING BONUS ROUND:
The following situations call for One (1) Shot of Liquor:
· PALIN doesn’t know what FDIC or SEC stand for.
· BIDEN admits to plagiarizing the Constitution.
· PALIN admits to dealing meth.
· BIDEN references Palin’s stump speech insult — where she claims she’s been hearing about Biden’s Senate speeches since she was in second grade — by saying there’s no evidence Sarah Palin ever made it second grade.
· GWEN IFILL asks Sarah Palin about incestuous rape.
· PALIN insults Biden for having hair plugs.
· BIDEN calls her “another tanning booth whore, and I’ve know a few.”
· PALIN says “lipstick” in any context.
Finally: Three shots and throw the glass at the teevee if:
· BIDEN calls her a “hockey pig.”
· PALIN pulls off her pantsuit to reveal a confederate-flag one-piece bathing suit, and she looks fat, and the audience boos.
http://www.wonkette.com
The Bail-Out Bill did not address the core problem, which is that no one is disclosing how much of this financial junk is on the books of each and every bank. To the contrary, the Bail Out bill made matters worse, by allowing banks to pull valuations out of their asses. Until that kind of transparency is demanded by governments around the world or until the financial systems reach a zero, ground state, the problem will exist.
What is going on is crazy and shows blatant corruption and ignorance at every level. If government does not bring sanity and the rule of law back into the financial industry, I think that individuals will initiate real vigilante justice, in the form of kidnapping and murder of the perps responsible, or perceived to be responsible for this. Welcome to Nigeria!
and it shows. McLame is rambling on and on about stuff he does not believe or understand. Brokow has cut Obama off on several occasions. Its not even subtle.
They have posted a You Tube clip of McCain/Palin supporters in Ohio. It will make you want to wash out your eyes and ears with soap. McCain/Palin are going after the stupid and clueless. How many of them will vote? We will find out in less than a month.
If the sewage of McCain/Palin and their supporters win, the United States will experience a diaspora of the best and the brightest. The out-migration will be something the US has never experienced before.
is how one blogger described the return on his 401K, and that was before the losses today. Trading is not automatically stopped until losses exceed something like 1200 points. This set point should be revised because of the much smaller size of the Dow.
A first step in solving the problem, in my opinion, is to take all of the CEO's, CFO's , regulators, stock and bond raters who contributed to this mess, into the woods and set them on fire. It is the appropriate counter to the outrageous compensation they have rewarded themselves with. Do a good job--obtain the wealth of a king. Screw up and get burned alive.
The blog, Naked Capitalism, has a very unsettling report that banks are refusing letters of credit are being refused by banks. If this practice is widespread, it is only a matter of time before gas stations will close, and grocery store shelves will start to look bare.
Instead of wasting time on the stupid "bail-out", the government should have forced the banks to open up their books to government auditors so that the magnitude of the problem could have been quantified and real problem banks identified and shut down.
The Lehman Brothers dissolution is apparently going to force this issue on a significant scale today by basically requiring its derivatives to be marked to market. The ripple effect could make yesterday look like a good day.
A lot of innocent people have been and are now being hurt by the greed and lawlessness of a few. These people need to be punished severely.
According the the Lehman Brothers dissolution sale conducted today, it is 90.25 cents on the dollar.
The following has been reported by Bloomberg:
"-Sellers of credit-default protection on bankrupt Lehman Brothers Holdings Inc. would be forced to pay holders 90.25 cents on the dollar under initial results of an auction today, setting up the biggest-ever payout in the $55 trillion market.
Preliminary results of the auction to determine the size of the settlement on Lehman credit-default swaps set an initial value of 9.75 cents on the dollar for the debt, according to Creditfixings.com, a Web site run by auction administrators Creditex Group Inc. and Markit Group Ltd. A final price is scheduled to be announced at 2 p.m. New York time."
Gyrations in the market may, in part, be hedge funds having this liability, selling their assets to cover the losses.
This toxic waste has to be flushed out of the banking sytem FAST. They jackasses who created this problem are not my friends so I say take over the banks with federal marshalls, if necessary. Arrest anyone resisting assistance. Bring in "clean" federal auditors to audit all of their books. Shut down the banks too far gone. Arrest all of the perps engaging in this fraud.