Navy Pilots Dip $33M Helicopters In Lake Tahoe (VIDEO)

The pilots have been grounded.  Details inside.

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Ron Paul Bashes John Boehner, Calls For Cuts To Military Industrial Complex, Drops Hint On 2012 Run (VIDEO)

Outstanding new clip.  Quotes transcribed inside.

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Nassim Taleb: How To Make Goldman Sachs Obsolete

Short Taleb speech at James Madison University delivered last week.  Inisde I've also included links to the best Taleb clips of all time, with Roubini, Hugh Hendry, kicking Bob Rubin's ass and several more.

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Cartoon: The Wall Street Bailout

This is not the cartoon in question.  It's inside along with several more.

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Brand New $35 Billion Bailout For Criminally Irresponsible Wholesale Credit Unions (Wait 'Till You See This One)

Another failed regulator -- Debbie Matz, chairman of the National Credit Union Administration, during a Senate Banking subcommittee hearing in October, 2009.

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Convenient for the Feds that this story was released late Friday afternoon.

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Latest Keiser Report: Max Interviews Edward Harrison Of Credit Writedowns (Topics: Paulson, Geithner, AIG & Lehman, Deflation-Inflation, Gold & Silver)

Aired Saturday.  Excellent discussion.  Max is only mildly hyperbolic in this one versus last week with Yves Smith:

• Keiser: "Geithner Is Smelling The Vapors Of His Own Delusions. This Man Is Psychotic!" (VIDEO)

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UAW BUSTED: Bailed-Out Chrysler Auto Workers Caught Chugging Beers, Smoking Pot On Shift Break For 10 Straight Days (Undercover Video)

We'll get back to bailouts, corruption and Bernanke's QE carpet-bombing tomorrow.  Entertaining video but extremely embarrassing for the UAW.

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Christine O'Donnell: "Evolution Is A Myth" -- Georgia Candidate For Governor Neal Horsley: "I've Had Sex With Mules" (VIDEO)

Both clips are inside.  The O'Donnell video runs 25 seconds and is newly released by Bill Maher -- from his HBO show last night.

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Jon Stewart Vs. Bill O'Reilly: The Unedited Version (VIDEO)

Does Jon Stewart have Obama remorse.  Part ideological discussion part comedy.  Aired Tuesday night.  Don't skip this one.

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Stephen Colbert Goes To Washington -- Best Moments From Congressional Testimony (Video Collection)

Video:  Colbert explains his true motives -- More video inside

This is the only clip in which Colbert breaks character and talks as himself.

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Whatever Happened To Limits On Leverage -- Dylan Ratigan Destroys Christina Romer (Must See Video)

Awesome short clip.  Runs 2 minutes.

Make sure to read this story from the NY Times on Henry Paulson's role in the SEC rule change (2004) that allowed leverage to expand from 12:1 to 100:1 for only the 5 largest investment banks.

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Penn & Teller Explain Obamanomics -- Video: Spreading The Pie

Funny skit.

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"When You Try To Please Everybody, You're Going To Lose your Ass!"

It's Friday, relax.  A series of life lessons from Coach Bobby Knight.  Give him a chance.  Excellent speech.  Great Michael Jordan story from when Knight coached him in the '84 Olympics.

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Obama's Latest Stealth Bailout -- $30 Billion For Community Banks -- Disguised As Help For Small Business

Subterfuge and sleight of hand.  It's a bailout of smaller, regional banks who made ridiculous loans on strip malls and assorted commercial real estate garbage.

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