it's alive...The Daily Bail Soft Launch
The public bailouts of private failure must stop. We just launched and our first goal is to document it. We'll find it, read it, sort it and then publish it in one place every day. There will be bad attitude. We know we might get sued for what we say about these scumbag, public-dole CEOs. But we own these companies now, and we recommend the CEOs begin to behave accordingly. Otherwise, we'll be happy to profile these riptards all over our pages. Incessantly. Watch and see how far over the edge we'll go now that we're getting seriously pissed off. For example, see the thoughts of this calm taxpayer. Warning: contains excessive profanity.
And since nobody obsesses in quite the way we do, we expect to remain the only news aggregation source for all stories related to the institutionally dysfunctional, painfully inept and completely counter-productive taxpayer bailout of failed people, ideas, businesses, pensions, municipalities, states and ultimately, we fear, of our federal government.
Tell your friends about our site and what's going on in Washington. Help us spread the word about the immoral transfer of debt from failed, private banks directly onto the backs of your chldren. And to young people directly, seriously wake the f up, and realize that it's mostly your cash that's headed out the door.
DailyBail
Jan 15, 2009 at 9:04 PM
Reader Comments (5)
Hi -
Great site - thanks -
MissMarketcrash reports from london today on The Bank Thing -
missmarketcrash.blogspot.com/2009/01/reframing-probability-dimension.html
missmarketcrash.blogspot.com
Kind Regards,
Missmarketcrash
I just wasn't firsty enough.
SPODE
spode you are slackin...
it's tough for me to watch these boards while the market is moving...
trading has my attention today
I really like your site. It has a clean look that is different. Please keep up the work. It is very important that we make the politicians know how we feel about these bailouts...
Who woulod have ever thought banks as large as citigroup and bank of america were so worthless. I had no idea they were in this much trouble. Doesn't it seem strange that none of them have lost their jobs. How is that possible?
I just found your site through TechCrunch. Someone mentioned it in the comments section of an iphone story. I like it. I like that you have no advertising. lol
I am a single mother with 2 young sons and I work in the tech industry in california. Our state is facing a large budget shortfall this year and we have been asking Washington to bail us out and I think it's wrong. The politicians in our state would rather look to Washington to cover our budget shortfall than actually look at the reasons for our shortfall. Yes, revenues are down this year becaue of the slowdown, but the true issue is bloated stae budgets, and health care and pension benefits that have been promised to public workers.
In vallejo which filed for bakruptcy in 2008, there were 42 police and firefighters earning in excess of $200k per year. Are you kidding me? For public employees, this is unreal. And these employees will receive 90% of their salary in the form of a pension for every year for the rest of their lives. And we, the taxpayers of california have to pay for their excesssice packages.
And if Washington just bails out all these states that are in trouble, then these states will never be forced to cutback their spending. And these bloated state salaries and pensions well never be corrected.
It makes me very upset when I think about.
update: i am posting my thoughts about the state bailouts in all the comment's section.
Cartoons are cool.
maui maui