Amidst reports that Ben Bernanke could be the “second coming of Greenspan”, the Federal Reserve Chairman was seen yesterday desperately attempting to shit gold. “It’s the only way,” he was heard to murmer from behind the Fed powder room bathroom stall. Congressional aides representing Ron Paul were able to capture a cameo photo of Bernanke [...]
Browsing Humor™
Please Add the Following Tagline to Every Financial News Soundbite
“–signaling an end to the worst financial crisis since the Great Depression. “ If I read this just one more time, I cannot be expected to control my gag reflex. According to Bloomberg, negative bond returns are the latest signal. Forget that bond yields are inverse to stock performance (which performance is currently the most ludicrous fools [...]
Why Geithner should share a cell with Madoff (and Paulson)
We reported in June upon the 52,000 American bank accounts held at UBS Switzerland suspected of tax evasion and other forms of financial fraud – you know, those accounts that belong to the “top 1% of earners” in America that all our nation’s wealth is shifting to? But Geithner wanted wealthy tax cheats to be left alone (takes [...]
Top Failure Czar: Herb Allison – Crowned Prince of Failure & TARP Coverup Czar
While there are many wealthy speculators who certainly love Herb Allison, especially if they bet the farm shorting Merrill Lynch last year, the recent perpetual bail-outs of Fannie Mae and Freddie Mac only lend far more creedence to the criminal fraud perpetrated at Fannie Mae while under Kashkari’s watch. He might fudge his way out of the Merrill disaster, [...]
UGLY MONDAY
The media appears to have universally seized upon the case of the 3-timing Wisconsin adulterer as it’s Monday morning puff piece. Frankly, I usually get my weekly dose of ugly during our local CBS (WCTV) affiliate’s “Monday Morning Makeover” which features a viewer-submitted letter, read by Tristan Sanders, extolling the virtues of some poor, downtrodden martyr [...]
