It's about gd time!

you need to get that autoworker clip from KO. I don't want a h/t. Just put it up or give it to someone to put up The people confronted McKeatingFive to his face. It needs to be on C&L

BTW, that was going to happen anyway. why the hell are dems so desperate. Obama has proven himself. just do your part. make it happen.

Barrett D @ 5:

everytime there is an indicator that the economy is in bad shape, republicans claim everyone is overreacting,and lo and behold in a couple weeks it rebounds a bit. but then a cuple weeks later something screws up even worse, but the republicans get away with saying everyone is overreacting again.

does it look like that now? really?

GOPnot4me @ 9:

I have a question for Sarah.

"What have you to Hide?"

A. Lot.

MsJoanne @ 10:

GOPnot4me @ 9:

I have a question for Sarah.

"What have you to Hide?"

A. Lot.

I love your blog.

GOPnot4me @ 11:

Don Davis @ 3:

Heebie-Jeebies all around.

Definite brain bleach territory. :D

GOPnot4me @ 12:

MsJoanne @ 10:

GOPnot4me @ 9:

I have a question for Sarah.

"What have you to Hide?"

A. Lot.

I love your blog.

Thank you so much!!! BTW...which one? Think Left. Live Right. or TheZoo? :D

off topic (yes, that is a joke, thanks for asking) how many times have you asked yourself, i wonder what it would be like if the scissor sister, paul mccartney, george michael and aretha franklin collaborated?

well, skippy has the answer!

Palin's Yahoo! Account Hacked

Rubber Dodo award for governor

deang @ 17:

It's still so close that the Republicans could steal it again. That's all they want: for it to remain close enough to steal without it being obvious. They're already engaging in data-mining and vote-caging to block likely Democrat voters. There's probably already an army of volunteer right-wing precinct workers who'll intimidate and attempt to misinform people at the polls (happened to me), not to mention the brownshirts that'll be there challenging and threatening minority voters. But Americans haven't been interested enough in all this to do anything about it these past eight years.

From digby...one hell of a fantastic blogger.

Election Protection

by digby

With the election looking like it's going to be fairly close, keeping track of Republican vote suppression efforts is going to be more important then ever.

Election Protection has a great web site devoted to doing just that. All of us should familiarize ourselves with these processes and issues, but especially those of us who live in swing states or any place where a close race is possible.

This could be important. I saw today that in one poll, Florida(!)is tied. Chads, chads, chads ...

Since this market "correction" was inevitable anyway, I am relieved that it happened on Boosh's watch. He was desperately trying to "kick the can" down the road so that it would be the next president's problem - most likely Obama's. Could you imagine the dishonest bloviating, blame-throwing, name-calling and eager finger-pointing that the reThugs would be engaged in then??? Now that the sh*t has hit the fan with Bubble Boy Boosh at the wheel, all is eerily quiet while the country is engulfed in a financial inferno. Timing is a beeyatch!!

fil @ 19:

Don Davis @ 3:

More from the Attila from Wasilla: Palin Invites McCain Into Her Tanning Bed

nice ploy by Palin for forcing McCain to age his skin even more......... she really wants to be President, the easy way

Melanoma is a VERY bad way to go. Happens fast at the end. Two friends went that that way. SWarah is a ghoul.

It’s sad that the stock market has to plunge with Wall Street burning before people start realizing that conservatism is bad for their health.

It's even sadder so many people can't distinguish between thieves and conservatives.

lets not play the poll game :( maybe when a candidate breaks 50 its news worthy....

Nyc Labrets @ 23:

What are people talking about?

The Dow Jones closed UP today, up a full 23 points from where it closed on Bill Clinton's last day in office as President of the United States of America, in January of 2001.

It only took 7 and a half years to do that.

And the WTC is still a hole in the ground, 7 years on.

~Nyc

KILLER perspective! Thank you!!

I am not convinced that Americans have tied the economy to conservatism being bad for their health. I'm pretty sure the majority of Americans are idiots and they would vote for Mccain and the Republicans no matter what.

Norman Whitfield, legendary Motown writer/ producer is dead:

http://www.boston.com/bigpicture/2008/09/the_short_but_eventful_life_of....

"War", "Papa Was a Rolling Stone", "Cloud Nine", "Ball of Confusion" --need I say more?

This sucks.

RIP.

fastfeat @ 36:

Norman Whitfield, legendary Motown writer/ producer is dead:

http://www.boston.com/bigpicture/2008/09/the_short_but_eventful_life_of....

"War", "Papa Was a Rolling Stone", "Cloud Nine", "Ball of Confusion" --need I say more?

This sucks.

RIP.

Wrong link; try this:

http://www.freep.com/apps/pbcs.dll/article?AID=/20080917/ENT04/80917056/...

true conservatives are not bad for the health

but this country hasnt seen a true conservative since goldwater kicked it

the people in power are reagan conservatives and neocons

goldwater ended up not liking reagan very much...and for alot of good reasons

well, their ultimate goal was to totally destroy the new deal....and they got their way

kudos to them

oh, and here is another article regarding the shadow gov of alaska...todd palin

http://www.thestar.com/News/USElection/article/499832

note the one letter that is upset that the paper published todds email

can someone please explain to the ignorant repugs, that when you have a public email, on a public server...it aint really private, and can be easily found...especially if you register with your real name

thats how the gov's account got hacked

someone shoulda told them to use gmail....much better security than yahoo

Tequila @ 39:

Brad Pitt takes a stand against Prop. 8.

e
prop 8 is dead in the water

we californians are not known for liking anything that changes our constitution

its going down to defeat...and that is where it will end up

Kerplunk @ 34:

I am not convinced that Americans have tied the economy to conservatism being bad for their health. I'm pretty sure the majority of Americans are idiots and they would vote for Mccain and the Republicans no matter what.

... but Mr. Obama is definitely trying to set the framework for this (attacking the fundamentals of "Republican economics", in other words, trickle-down economics... Mr. Obama has some brilliant strategists working for him and has intelligently avoided attacking McCain specifically for this economic downturn and instead put the entire philosophy on trial... the weak sauce retaliation by Republicans saying that the Democrats are "pointing fingers" doesn't stick when you are attacking an entire philosophy... Go Obama!

Tequila @ 39:

Brad Pitt takes a stand against Prop. 8.

On a side note, he stole the show in Burn After Reading. I always forget he's a good actor, then I see him in movies, remember, then forget. He's far too good looking.

On topic - I still am in complete awe that the MSM is actually displaying some opposition to Republicans. I still can't believe the success that conservatives get calling the MSM the liberal media. If it weren't so sad and untrue, it would be hilarious.

And a delightfully good evening to you, too, x!

Only in America could this woman move so high up the ranks, and yet not be taken as a complete joke by the entire country.

From the perspective of people living outside the US, Obama and Biden are more qualified, smarter, and more in touch. Hell, people who don't follow the polls would figure Obama's lead should be 20-30% judging from the news alone. In reality, the election is somehow close, and nobody understands why, or how it could happen.

State by state polling makes more sense. Since the US does have the Electoral College and points are counted up per state. If it was popular vote, then these national polls would matter more, but they don't.

Last time I checked state by state electoral polling, Obama was waayyyy ahead.

O'Really @ 52:

State by state polling makes more sense. Since the US does have the Electoral College and points are counted up per state. If it was popular vote, then these national polls would matter more, but they don't.

Last time I checked state by state electoral polling, Obama was waayyyy ahead.

Where do you get this info?

MsJoanne @ 45:

xoites defends Constitution @ 43:

Good evening MsJoanne :)

I left a comment on your blog.

Snape?

Isn't he a character from Harry Potter?

No, its me, xoites! LOL :)

Rasputin @ 55:

MsJoanne @ 33:

IdiotShrub @ 24:

Calling that a market correction or part of a business cycle is like calling the atom bomb a firecracker...

Perfect anology!!

x, I LOVED YOUR COMMENTS!! You are most awesome!!

MsJoanne #57
I saw where the chimp said that but some of us have been saying it long before that.

Ron @ 60, I doubt that there is anyone in Washington who did not know or say this...they just didn't say it publicly.

xoites defends Constitution @ 59:

My question is this:

Where did all the money go?

The economy (us) lost THREE TRILLION DOLLARS this week!

Wow, didn't I tell you to electronically transfer the money to my secret account? Damn did I forget?

CoIntelPro for Pronktastic Victory Over SCLM, DIEBOLD, ESS and SEQUOIA! @ 4:

you need to get that autoworker clip from KO. I don't want a h/t. Just put it up or give it to someone to put up The people confronted McKeatingFive to his face. It needs to be on C&L

Woohoo!!!!!

MsJoanne @ 62:

Ron @ 60, I doubt that there is anyone in Washington who did not know or say this...they just didn't say it publicly.

You mean we are not smarter than them? Why did they keep investing in the markets? They have to know that it's just a large ponzi scheme. Someone has to lose.

And yet, good people like my father are still beholden to these thugs like it owes them his life. When I told him "well, this is what deregulation gets you" you could see the political gears rotating in his head, trying to find out a comeback. He is so manipulated by fox news it is sickening. Everyday, I could count on what he is going to come home spewing about, based on what O'Reilly said the night before.

He once said he would vote for Biden if he were the democratic nominee. Now that he is the VP pick, he claims to have never said it. He used to be a tree hugging hippie, now he is a mean spirited old man, who goes on racist tirades against Africa, Obama, the poor. It's very disheartening. He even told me if he wants his money when he dies I'd better pray McCain gets elected. He grew up poor and made himself a success, so he figures that everyone, no matter what, can do it.

Good god. The Rove strategy of split the country, and hope for the 51 percent is disgusting. Though he's been like this since somewhere in the 90's.

MsJoanne @ 65:

Rockwell, yup, we just nationalized (or socialized, if you will) AIG. But healthcare? Nah, that's for the little people.

So fuck us.

Nationalizing things is what commies and socialists do. The GOP do things the American way; when it suits them they call it "stabilizing" the economy.

Kind of like enhanced interrogations...

By the way, we don't torture.

xoites defends Constitution @ 71:

MsJoanne @ 69:

Well, my favorite evening companions, after a too long day of travel, I am finally at home and in my own bed...and I am going to go off and stare at the inside of my eyelids.

Good night all and sweet dreams all around!!

What movie are they playing?

My favorite fantasies! (wink)

Night!!

k1ngothwld @ 54:

O'Really @ 52:

State by state polling makes more sense. Since the US does have the Electoral College and points are counted up per state. If it was popular vote, then these national polls would matter more, but they don't.

Last time I checked state by state electoral polling, Obama was waayyyy ahead.

Where do you get this info?

Here:
http://www.pollster.com/

Why does anyone still give even one damn about the polls? They are so amazingly inaccurate, it should have occurred to *someone* here by now that they are entirely unscientific. I like Shane Killian's explanation:

http://www.youtube.com/watch?v=7Y8cfhQx48U

Bottom line: stop worrying that Obama's lead is so small. The polls are completely worthless anyway.

MountainMan23 @ 20:

Palin's Yahoo! Account Hacked

Rubber Dodo award for governor

Thanks for posting those... re: the first one... when I think of how many people's privacy has been compromised by the republicans and those idiots in "power" in the whitehouse... fuck you, Rick Davis! It's great that Sarah's privacy was impacted... someone who can refuse to answer questions will answer them one way or another. THE PEOPLE have spoken...

Bush has been hiding out lately. We've had a major hurricane hit the gulf coast and another hit Wall st, and not much to say. A normal president would have had some sort of address on teevee or something. I guess he's too busy helping out his successor.

FU-Obumma
FU-McCrank

http://www.youtube.com/watch?v=b3mi-bKtDGA&feature=related

Billy @ 28:

It’s sad that the stock market has to plunge with Wall Street burning before people start realizing that conservatism is bad for their health.

It's even sadder so many people can't distinguish between thieves and conservatives.

Aren't they the same thing?

someguy @ 31:

47% to 45%

This isn't shit.

In the next poll I expect Obama to be ahead by double digits.

something like Obama 90% and prickface McSame 10%...

O'Really @ 76:

k1ngothwld @ 54:

O'Really @ 52:

State by state polling makes more sense. Since the US does have the Electoral College and points are counted up per state. If it was popular vote, then these national polls would matter more, but they don't.

Last time I checked state by state electoral polling, Obama was waayyyy ahead.

Where do you get this info?

Here:
http://www.pollster.com/

Looking at these polls by state, it looks like McCain has the edge... He's winning in every "Battleground" state except Michigan... Mr. Obama has more states locked in but he needs to do better in those states.... I wouldn't say he is wayyyy ahead...

Arnie doesn't want to play ball.

This dude I know @ 70:

And yet, good people like my father are still beholden to these thugs like it owes them his life. When I told him "well, this is what deregulation gets you" you could see the political gears rotating in his head, trying to find out a comeback. He is so manipulated by fox news it is sickening. Everyday, I could count on what he is going to come home spewing about, based on what O'Reilly said the night before.

He once said he would vote for Biden if he were the democratic nominee. Now that he is the VP pick, he claims to have never said it. He used to be a tree hugging hippie, now he is a mean spirited old man, who goes on racist tirades against Africa, Obama, the poor. It's very disheartening. He even told me if he wants his money when he dies I'd better pray McCain gets elected. He grew up poor and made himself a success, so he figures that everyone, no matter what, can do it.

Good god. The Rove strategy of split the country, and hope for the 51 percent is disgusting. Though he's been like this since somewhere in the 90's.

Man. I like stories like that. May the best luck be with you. Lots of Love.

Vincent Bugliosi ("The Prosecution of George W Bush for Murder") has set up a website:

http://www.prosecutegeorgebush.com/

IanK @ 50:

Only in America could this woman move so high up the ranks, and yet not be taken as a complete joke by the entire country.

From the perspective of people living outside the US, Obama and Biden are more qualified, smarter, and more in touch. Hell, people who don't follow the polls would figure Obama's lead should be 20-30% judging from the news alone. In reality, the election is somehow close, and nobody understands why, or how it could happen.

Exactly! These polls are bull$hit! They don't take into account ALL the voters by a long shot and are just posturing, plain and simple. And, having said that, I still think everyone who wants Obama and Biden to win this election has to work toward that...

xoites defends Constitution @ 96:

Ron @ 85:

StirFry @ 82:

Bush has been hiding out lately. We've had a major hurricane hit the gulf coast and another hit Wall st, and not much to say. A normal president would have had some sort of address on teevee or something. I guess he's too busy helping out his successor.

Remember, he's not normal.

Waddaya mean?

He has an IQ of 91!

I have relatives with less education that I think would have higher IQs.

Orangutan. @ 93:

This dude I know @ 70:

And yet, good people like my father are still beholden to these thugs like it owes them his life. When I told him "well, this is what deregulation gets you" you could see the political gears rotating in his head, trying to find out a comeback. He is so manipulated by fox news it is sickening. Everyday, I could count on what he is going to come home spewing about, based on what O'Reilly said the night before.

He once said he would vote for Biden if he were the democratic nominee. Now that he is the VP pick, he claims to have never said it. He used to be a tree hugging hippie, now he is a mean spirited old man, who goes on racist tirades against Africa, Obama, the poor. It's very disheartening. He even told me if he wants his money when he dies I'd better pray McCain gets elected. He grew up poor and made himself a success, so he figures that everyone, no matter what, can do it.

Good god. The Rove strategy of split the country, and hope for the 51 percent is disgusting. Though he's been like this since somewhere in the 90's.

Man. I like stories like that. May the best luck be with you. Lots of Love.

My dad was the same way. He believed what he heard on the TV news when Rather, Cronkite, etc gave it to people pretty much straight. As he grew older and comfortable, he "assumed" that the TV was still his friend, his supplier of news, his supplier of "truth." He didn't keep up on shit like the rollback of the Fairness Doctrine, etc. By that time, he was wowed by all the new channels, satellite, etc. So what if Cronkite was gone--he had Wolfie AND Fux. The transformation was complete.

I believe that many in my parents' generation have had similar experiences. Hard to turn back the clock for them.

researcher predicted this decline during the Reagan years.

no one listened

now we pay the price total economic decline ie bankruptcy

took longer than expected but bush was very good at putting it on steroids :-)

no one asked me then they laughed at me

please note no one blames Reagan still loved by americans

the one person that sold middle America the trickle down theory

he put it to middle America good and they loved it

in a dumbed down society the trickle down theory sells like hot cakes

ask t he repubs

StirFry @ 82:

Bush has been hiding out lately. We've had a major hurricane hit the gulf coast and another hit Wall st, and not much to say. A normal president would have had some sort of address on teevee or something. I guess he's too busy helping out his successor.

He's at the bar drinking beers with his buddies... meaning all by himself!

The best quote I've heard yet out of this meltdown was "We have privatized profits and nationalized losses". Thought it fit perfectly.

right on! @ 105:

StirFry @ 82:

Bush has been hiding out lately. We've had a major hurricane hit the gulf coast and another hit Wall st, and not much to say. A normal president would have had some sort of address on teevee or something. I guess he's too busy helping out his successor.

He's at the bar drinking beers with his buddies... meaning all by himself!

Who the hell watches football by himself and chokes on a pretzel?

bush must be somewhere in florida
sitting alone in some elementary classroom
reading to himself.......since he sure as hell
is not addressing the nation in during this
financial disaster.....

oops, another reichwingneocon who doen't
understand economics or sympathy.

dadams @ 111:

bush must be somewhere in florida
sitting alone in some elementary classroom
reading to himself.......since he sure as hell
is not addressing the nation in during this
financial disaster.....

oops, another reichwingneocon who doen't
understand economics or sympathy.

He still hasn't finished My Pet Goat? Slow reader.

EZ @ 104:

I think the CBS poll got it wrong. They had to since the Dems are attacking Palin recklessly, so now they can hush up.

ez

arent you in the least bit concerned that your prez candidate picked someone who thought she was safe sending state biz emails onto public servers, through yahoo (the worst spam protection and the worst security)

oh wait, thats right....mcalzheimers has never used a computer and only understands email as a concept

constituent @ 116:

capitalize......the profits

socialize.......the loses

thanks bush

I think you mean:

privatize......the profits

socialize.......the loses

xoites defends Constitution @ 117:

constituent @ 116:

capitalize......the profits

socialize.......the loses

thanks bush

I think you mean:

privatize......the profits

socialize.......the loses

yeah your i'm running on empty

StirFry @ 120:

Ohhh! I know what Bush is doing. He's going cave to cave in Pakistan and Afghanistan trying to smoke out the October surprise. He's cramming for his legacy.

No, he is going from cave to cave to find out which one he likes the best.

EZ @ 104:

I think the CBS poll got it wrong. They had to since the Dems are attacking Palin recklessly, so now they can hush up.

She's a lying sack of mooseshit. mcCain will send her ass back to the frozen crystal meth wasteland of Wasilla in Nov. McCain will wither and die like the Nazi sympathizer in the end of Indiana Jones and the Last Crusade. He chose poorly.

Change is an attitude?

Are you selling the steak or the sizzle?

This is not a mess we can clean up by finding and electing people with good intentions. This mess was created over almost 30 years of manipulation and rape. We have not seen rock bottom yet. In fact rock bottom is a long way down, but i think it may be coming.

Platitudes are nice but this is too far gone already. Hang onto your hat because we are about to lose our ass.

constituent @ 119:

xoites defends Constitution @ 117:

constituent @ 116:

capitalize......the profits

socialize.......the loses

thanks bush

I think you mean:

privatize......the profits

socialize.......the loses

yeah your i'm running on empty

Here is the part of this mess that chaps ma hide!

After researching this stuff I finally got past the subprime bundling and securitization stuff and arbitrage opportunities and the domino effect and so on. Okay, I could follow all that stuff about how this house of cards came down.

Then I heard one of the financial editors at Forbes today rolling his eyes and saying he couldn't even follow all of the games that these "Wallstreet highrollers" were doing and he has a graduate degree in economics and finance and researching this stuff is his full time job!

The latest is called the "swaps game"

Worst Crisis Since '30s, With No End Yet in Sight

Excerpt:

Swaps Game

The latest trouble spot is an area called credit-default swaps, which are private contracts that let firms trade bets on whether a borrower is going to default. When a default occurs, one party pays off the other. The value of the swaps rise and fall as market reassesses the risk that a company won't be able to honor its obligations. Firms use these instruments both as insurance -- to hedge their exposures to risk -- and to wager on the health of other companies. There are now credit-default swaps on more than $62 trillion in debt, up from about $144 billion a decade ago.

One of the big new players in the swaps game was AIG, the world's largest insurer and a major seller of credit-default swaps to financial institutions and companies. When the credit markets were booming, many firms bought these instruments from AIG, believing the insurance giant's strong credit ratings and large balance sheet could provide a shield against bond and loan defaults. AIG believed the risk of default was low on many securities it insured.

As of June 30, an AIG unit had written credit-default swaps on more than $446 billion in credit assets, including mortgage securities, corporate loans and complex structured products. Last year, when rising subprime-mortgage delinquencies damaged the value of many securities AIG had insured, the firm was forced to book large write-downs on its derivative positions. That spooked investors, who reacted by dumping its shares, making it harder for AIG to raise the capital it increasingly needed.

Credit default swaps "didn't cause the problem, but they certainly exacerbated the financial crisis," says Leslie Rahl, president of Capital Market Risk Advisors, a consulting firm in New York. The sheer volumes of outstanding CDS contracts -- and the fact that they trade directly between institutions, without centralized clearing -- intertwined the fates of many large banks and brokerages.

Few financial crises have been sorted out in modern times without massive government intervention. Increasingly, officials are coming to the conclusion that even more might be needed. A big problem: The Fed can and has provided short-term money to sound, but struggling, institutions that are out of favor. It can, and has, reduced the interest rates it influences to attempt to reduce borrowing costs through the economy and encourage investment and spending.

But it is ill-equipped to provide the capital that financial institutions now desperately need to shore up their finances and expand lending.

http://finance.yahoo.com/banking-budgeting/article/105785/Worst-Crisis-S...

First they are taking bets that companies will default??? WTF??? And now when the bets go wrong they come to Uncle Sugar to bail them out with our tax dollars???

Wallstreet is the biggest high stakes crap game in the world... and this time a whole lot of people bet wrong!

everybody is looking for bottom in this market. they're
thinking a U or V curve off the bottom. people often
forget we could be looking at a L shape bottom. meaning
we could find the 'bottom' and stay along the bottom.they
want us to spend money in a bad way. the problem is people
don't have disposable income and they're in debt.

Rasputin @ 127

We're fucked.

xoites defends Constitution @ 131:

Rasputin @ 127

We're fucked.

And we didn't even get kissed!

Rasputin @ 132:

constituent @ 129:

everybody is looking for bottom in this market. they're
thinking a U or V curve off the bottom. people often
forget we could be looking at a L shape bottom. meaning
we could find the 'bottom' and stay along the bottom.they
want us to spend money in a bad way. the problem is people
don't have disposable income and they're in debt.

Professor Roubini has for a very long time maintained that it is going to be a hard L... deeper and nastier than anything that we have seen since the Great Depression and so far he has been right.

More bank runs coming... Mutual Funds unable to maintain the dollar in dollar out sacred trust... FDIC unable to cover the losses... all holy hell is about to break lose and we haven't seen the really bad stuff yet according to him!

I am pulling most of our money out of Washington Mutual in the morning.

Am I the only one who has a crush on the Snorg Tees girls?

xoites defends Constitution @ 135:

Rasputin @ 132:

constituent @ 129:

everybody is looking for bottom in this market. they're
thinking a U or V curve off the bottom. people often
forget we could be looking at a L shape bottom. meaning
we could find the 'bottom' and stay along the bottom.they
want us to spend money in a bad way. the problem is people
don't have disposable income and they're in debt.

Professor Roubini has for a very long time maintained that it is going to be a hard L... deeper and nastier than anything that we have seen since the Great Depression and so far he has been right.

More bank runs coming... Mutual Funds unable to maintain the dollar in dollar out sacred trust... FDIC unable to cover the losses... all holy hell is about to break lose and we haven't seen the really bad stuff yet according to him!

I am pulling most of our money out of Washington Mutual in the morning.

wells fargo......a choice to consider

.

The ONLY poll that matters is the one on November 11, 2008.

.

Why the hell isn't it a 20 point lead by now?

John Armstrong @ 143:

Why the hell isn't it a 20 point lead by now?

Because polls are complete nonsense. They are utterly unscientific, and, in this specific case, they are being produced by people who have an interest in keeping the horse race narrative going.

constituent @ 136:

Rasputin @ 132:

constituent @ 129:

everybody is looking for bottom in this market. they're
thinking a U or V curve off the bottom. people often
forget we could be looking at a L shape bottom. meaning
we could find the 'bottom' and stay along the bottom.they
want us to spend money in a bad way. the problem is people
don't have disposable income and they're in debt.

Professor Roubini has for a very long time maintained that it is going to be a hard L... deeper and nastier than anything that we have seen since the Great Depression and so far he has been right.

More bank runs coming... Mutual Funds unable to maintain the dollar in dollar out sacred trust... FDIC unable to cover the losses... all holy hell is about to break lose and we haven't seen the really bad stuff yet according to him!

naked short sellers were killing morgan stanley today. i think
wells fargo is going to get wamu for what seems to be pennies.

I don't think Wells Fargo can do it. They're in too much trouble of their own. Business Investors Daily today said it would be J. P. Morgan. That might not be such a bad thing for WaMu, which has seen its stock drop 26%, I believe, in the last couple of days.

(If I'm wrong about that figure, what I really meant to say was that Alaska produces 20% of the total energy in the United States. In gas and oil, I mean. I think. No, wait, I mean only in oil. Want to see me dressed up like a moose?)

Rasputin @ 146:

constituent @ 139:

xoites defends Constitution @ 135:

Rasputin @ 132:

I am pulling most of our money out of Washington Mutual in the morning.

wells fargo......a choice to consider

I see we have been doing the same home work. The question I have is Bank of America... they keep sucking up bad debt like it is worth something. Everyone says they are too big to fail, but they said the same kind of crap about Lehman's, AIG, and the rest of them.

my understanding bofa has very good management. these
other financial institutions took big risk unbelievable risk....
and it accumalated beyond management. now we have a chain
reaction.