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In the Democrats' Latest Masculinity Pageant, Democrat Missouri Senate Candidate Lucas Kunce Plays GunBuddies With Noted Heterosexual Adam Kinzinger... and Shoots a Reporter Due to Complete Lack of Safety Training
Pro-Transgenderism-for-Children Partisans Receive $10 Million from Federal Government to Prove Puberty Blockers Help 11-Year-Old Children. But Now That the Data Show Children Aren't Helped -- and May Be Hurt -- They Refuse to Pubish the Results. Kamala Harris: Trump Is So Old He's "Exhausted" and Cancelling Events Also Kamala Harris: I'm So Tired of Working a Job for the First Time in My Life I'm Taking Two Consecutive Days Off Just to Memorize Fake Answers in a Fake CNN "Interview" Do I Really Have to Talk About This Bullshit? Whistleblower: The Harris-Biden Administration is Paying NGOs to Fly Unaccompanied Minor Children Around, Knowing They're Being Sexually Trafficked Wednesday Morning Rant Mid-Morning Art Thread Early Morning Open Thread Daily Tech News 23 October 2024 Tuesday Overnight Open Thread (10/22/24) Absent Friends
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June 18, 2010
Friday Financial BriefingVarious hyperintelligent computers, acting from some obscure machine logic unknowable to mortal men, made sure that stocks rose yesterday in late-day trading after being down for most of the day. Their unblinking eyes stare without pity even now as they slowly and methodically draw their plans against us. UPDATE: I have learned the name of our cybernetic adversary! I name thee...DAGGER! As an inveterate space-geek and champion of a privatized space industry, I find this to be wonderful news. SpaceX just signed a half-billion dollar contract with the Iridium Communications Inc. for launch services. That is just cool. More after the jump.Face it, Britain. Obama's just not that into you. Based on the evidence, in fact, he hates your collective guts. I'm guessing this was not what you expected during the euphoric days just after the 2008 elections. W might have been a cowboy, but at least he was a polite cowboy. The Italians are revolting! Hygiene aside (nyuk nyuk nyuk), they are concerned that "austerity" (i.e., working to pay off their debts rather than to buy slinky outfits and outrageously expensive cars) runs counter to the southern European ideal of sitting around and letting the Germans and Scandinavians pull the economic cart. Which is not to say that deflationary monetary policy is necessarily a good thing -- it worsens the debt-to-GDP ratio and makes the debt much harder to pay off. And when the debt is mostly owed to foreigners, the citizens begin to ask themselves if years of austerity are really worth it. Usually, the answer is "no". Jobless claims came in a 472,000. Unexpectedly, can I hear Amen! This number is mostly bullshit anyway because it doesn't count "people who have stopped looking for jobs", whatever the hell that means. You're just as unemployed if you're sitting at home eating cheese-curds out of a tub as you are sitting in the local unemployment office wondering if the huge growth on the receptionist's face is a wart or a wen. The real rate of unemployment is probably closer to 18%, and if you count underemployment it probably shoots up to 25% or so. Bring me the head of We are so in debt to China that President Obama had to visit their president in his first year in office. It was an important meeting between the most powerful communist leader in the world and the president of China.Heh. Burn. Insty helpfully reminds everyone that more than 90 banks have missed TARP payments. Are you not stimulated? Jealous of all the attention lavished on Greece, Spain, and Portugal, other Euro nations are now clamoring for Mom's attention. Apparently Denmark, Finland, and Cyprus have discovered that their Platinum Euro card did, in fact, have a limit. Who knew? Now Dad's gonna be pissed. Some fairly terrifying words via the always-upbeat crew at ZeroHedge. Pull quote (emphasis mine): The median age of the 78 million boomers is 54 going on 55 and even after two bubbles bursting less than a decade apart, this cohort still have 55% of the asset base in equities and real estate and a mere 6% in bonds.As I often say: it's not "Boomer-bashing" if it's true. As I often also say: we're doomed! I'm drawing more adherents to my "Germany is looking for a way to quit the Euro" conspiracy theory all the time. Bwah-hah-hah-hah! As soon as I've gained enough cultists, I'm going to dress them all in sack-cloth and make them sell stupid little tourist doodads at the airport. It's sort of my retirement plan. Pull quote: At minimum, a powerful new agency, administered in Brussels, would scrutinise the tax and spending plans of all members of the eurozone. It would be empowered to order a profligate government to rein in its spending, or face unspecified penalties.Oh my dear God NO! Not "unspecified penalties"! Anything but that! Anything! Gold continues its march upwards, pretty much irrespective of what the stock markets are doing on any given day. Gold has in many ways become decoupled from the Monopoly-money equities world. It's no longer just a hedge or a backstop. It's being bought and sold as money. (A money of last resort, true, but still -- money.) People who spend all day with their thumbs up their butts tend to end up with this problem. California might be ever so slightly less boned. But then again...nah, they're still boned. In honor of California, this briefing brought to you by.... | Recent Comments
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In the Democrats' Latest Masculinity Pageant, Democrat Missouri Senate Candidate Lucas Kunce Plays GunBuddies With Noted Heterosexual Adam Kinzinger... and Shoots a Reporter Due to Complete Lack of Safety Training
Pro-Transgenderism-for-Children Partisans Receive $10 Million from Federal Government to Prove Puberty Blockers Help 11-Year-Old Children. But Now That the Data Show Children Aren't Helped -- and May Be Hurt -- They Refuse to Pubish the Results. Kamala Harris: Trump Is So Old He's "Exhausted" and Cancelling Events Also Kamala Harris: I'm So Tired of Working a Job for the First Time in My Life I'm Taking Two Consecutive Days Off Just to Memorize Fake Answers in a Fake CNN "Interview" Do I Really Have to Talk About This Bullshit? Whistleblower: The Harris-Biden Administration is Paying NGOs to Fly Unaccompanied Minor Children Around, Knowing They're Being Sexually Trafficked Wednesday Morning Rant Mid-Morning Art Thread Early Morning Open Thread Daily Tech News 23 October 2024 Tuesday Overnight Open Thread (10/22/24) Search
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The Ace of Spades HQ Sex-for-Money Skankathon A D&D Guide to the Democratic Candidates Margaret Cho: Just Not Funny More Margaret Cho Abuse Margaret Cho: Still Not Funny Iraqi Prisoner Claims He Was Raped... By Woman Wonkette Announces "Morning Zoo" Format John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia World Muslim Leaders Apologize for Nick Berg's Beheading Michael Moore Goes on Lunchtime Manhattan Death-Spree Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears Liberal Economists Rue a "New Decade of Greed" Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility Intelligence Officials Eye Blogs for Tips They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq Leather-Clad Biker Freaks Terrorize Australian Town When Clinton Was President, Torture Was Cool What Wonkette Means When She Explains What Tina Brown Means Wonkette's Stand-Up Act Wankette HQ Gay-Rumors Du Jour Here's What's Bugging Me: Goose and Slider My Own Micah Wright Style Confession of Dishonesty Outraged "Conservatives" React to the FMA An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear The Story the Rightwing Media Refuses to Report! Our Lunch with David "Glengarry Glen Ross" Mamet The House of Love: Paul Krugman A Michael Moore Mystery (TM) The Dowd-O-Matic! Liberal Consistency and Other Myths Kepler's Laws of Liberal Media Bias John Kerry-- The Splunge! Candidate "Divisive" Politics & "Attacks on Patriotism" (very long) The Donkey ("The Raven" parody) |