Financial advice of the day.

Given recent stimulus news, I think it’s evident that there is no better time than now to buy shares of Old Glory Insurance.

Easiest money in the history of financial markets.

…and can I have it in twenties, please?

This is hilarious, and I wouldn’t be surprised if these guys end up as Darwin Award recipients.

Two Japanese travelers trying to enter Switzerland were caught carrying $134 billion — yes, billion — in fake US Treasury bonds in a briefcase. The forgeries contained 249 securities with a face value of $500 million, several “worth” more than $1 billion, and several “Kennedy” bonds, which, um, are just totally made up to begin with

Now, what were these guys thinking. Did they realize just how much money $134 billion is?

Had the notes been genuine, the pair would have been the U.S. government’s fourth-biggest creditor, ahead of the U.K. with $128 billion of U.S. debt and just behind Russia, which is owed $138 billion.

They should’ve at least arrived with a fake Bill Gates ID. There’s some cool graphics on the post in The Atlantic.

Don’t let it ever be said…

That McCain is not the candidate of change.

I mean, some may have trouble seeing how propposing to make the disastrous GWB’s tax cuts permanent may be a departure from the current administration’s economic policy. But they are not thinking outside the non-maverick box.

I mean think about it, right now the sensible thing would be to roll back policies that have contributed to the really shitty shape our country is in (economically speaking, for those few of us in the lower 90% of income distribution), McCain wants change from that.

I’m not sure this embrace of a kind of postmodern rationale will play well with the base, but at least we can all agree that promising to stick to the policies of the administration he voted with 90% of the time is a pretty mavericky move.

Earmarkpalooza!

Via Ezra Klein’s earmarks post I came across this handy link to take a look at your local pork.

The 5 closest projects to me are:

  1. $100,00 To: Veterans of Foreign Wars Post #4927, in Centereach, New York ; For: building renovation and build out.
  2. $75,000 To: Selden/Centereach Youth Association for an after school program.
  3. $200,000 To: St. Catherine of Siena Hospital for facilities and equipment.
  4. $100,00 To: Sayville, New York American Legion Post; For: renovation and build out of a historic building.
  5. $200,00 To: Dowling College for development of curricula and a training program in the field of unmanned aerial vehicles

Now, I don’t mind arguing over whether or not these amounts could be looked at closely and see if the price tag is fair or not. One thing that I cannot say is that these are ridiculous projects like studies of bigfoot’s DNA or the Bridge to the Island from whence Russia can be seen. I can see most of these projects (number four being shaky since I have no clue what specifically it’s about) being a worthwhile thing to do by the government.

Again, I’m all for making sure we’re not inflating budgets, but I fail to see the merit in cutting earmarks as a virtue in itself.

What’s in your (local) pork?

Two cc’s of smelling salts, stat!

Had I been one of the men and women who had to witness such a vulgar, vicious, offensive speech, I too would have ignored the fact that I thought the bill that was about to be put up for vote was absolutely necessary to save the country’s economy, and would have voted no because, frankly, what else can you do after hearing the crass vituperations of this madwoman?

I probably would have retreated to the nearest bar and got severely inebriated as soon as I could, hoping that the brutal memories would be washed away in ethilic stupor. No doubt I would have called my mother or wife, on the verge of tears, asking for their reassurance that all will be well.

What matters is that the poor congress(wo)men get better ASAP. One can only imagine the mental distress and anguish they’re in, after hearing that evil woman’s speech.

I mean sure, putting country first is all well and nice but… did you hear what she said?

And then that insensitive ass Rep. Barney Frank (D-MA) goes and makes fun of them. Can’t you see they are still shaken? Have you no honor? Have you no sense of decency, sir, at long last?

Good thing he was a PoW

otherwise people might be saying McCain’s lied about his aide’s ties to Freddie Mac.

(Hint: He said there were no ties.)

(SPOILER (inviso-text!): There are.)

Our eight year old Treasury Secretary didn’t take that missing cookie from the cookie jar. Pay no mind to the cookie crumbs on his hand.

What Krugman (and others) said.

This is the guy who’s asking for our trust in handling ludicrous amounts of money? I sense a potential “Heckuva job, Brownie!” moment.

Democrats, don’t fuck this up.

Fail pic (which I expect to be plastered all over the tubes soon), via Atrios.