Tuesday
Sep292009
Financial Comedy Break: Elephant In The Room
Watch what happens to Sir Alan Greenspan and British PM Gordon Brown in this spoof of the BBC program 'Question Time.' Bloody freaking brilliant.
Warning: Some profanity and adult themes
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Sep 29, 2009 at 7:10 AM
Reader Comments (20)
http://www.politico.com/news/stories/0809/26236.html
http://www.bloomberg.com/apps/news?pid=20601087&sid=ajnBClVe3IrM
http://www.cbsnews.com/stories/2009/09/25/60minutes/main5339719_page2.shtml?tag=contentMain;contentBody
Have some personal respect...take care in the comments you leave...short and to the point and as on-topic as you can make them...
Thank you.
WASHINGTON (Reuters) - The U.S. Federal Reserve on Tuesday proposed tough new credit card rules to protect consumers from potentially costly practices by lenders and moved to implement legislation enacted in May.
"This proposal is another step forward in the Federal Reserve's efforts to ensure that consumers who rely on credit cards are treated fairly," said Fed Board Governor Elizabeth Duke said in a statement.
Edited for consumption by DB.
Newly Discovered: Community Organizers Appear to ‘Pray’ to President-Elect Obama
Have a look at this religious service. Augustus, raised to godhood by the Romans, got nuthin' on our boy!
http://www.youtube.com/watch?v=aMJgwPenhpY&feature=player_embedded#t=173
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Edited for your consumption by DB
Glad that someone else appreciates the humor...i thought it was a riot...
Edited...note from DB...Ken, please don't start with messages about Iran...this is not the site or audience for that...seriously, it dilutes the value of everyone's contributions for there to be such off-topic comments...and especially since they tend to be rambling...
Have some personal respect...take care in the comments you leave...short and to the point and as on-topic as you can make them...
Thank you.
What dailybail agenda?
I can only ........LOL
We are all free to discuss other issues besides the Fed and bailouts of course but you don't engage in discussion, you simply spam with long, copied, hard-to-read messages...
Discussion is encouraged,,,spam is not...
Jeezus Ken...we cover the bailouts...you spam about everything political and we try to remain non-political because the anti-bailout coalition is made up of great folks from both sides...what part of this is difficult to understand...?...
What is Political and what is non political?
How can issues be non political?
It is Poli-tics from both parties and that Makes up Government?lol
Are bailouts non political?
And I am all spam?lol
Wow
Since members of both parties are guilty we slam both sides...we don't play partisan games...you essentially pollute the boards with super long posts, your pushhamburger nonsense...it's annoying as hell...you are welcome to stay and discuss things...just stop spamming...if i have to edit or remove one more disorganized set of quotes from andrew jackson, i might lose my mind...and i love andrew jackson...
And 2 foot long posts about iran or israel or H1N1 and school children have no place...and again, you are welcome to discuss these issues here in a rational way...
Please just chill out...when you have a link to want to post...just put in the title and the link...that's all that is needed...or maybe a paragraph from teh article...but the 'My Fellow American' crap that you spam all over the internet apparently is extremely annoying and just prevents real discussion from taking place...and it clogs up the boards...i spend 45 minutes a day cleaning your spam up around here...i'm tired of it...you're the only one who does it and i'm asking you to stop...
The alternative is that i will ban your IP and delete everything you put up...
Why not start your own blog and post all the stuff you're interested in? They're free, you know. Is it really that hard to stay on topic and respect that other people may find your posts distracting from the reason we visit dailybail?
I think they call that type of bad internet behavior "quote mining".
Just thought you'd wanna know. :)
And I call it my own personal hell.
Just a quick FYI...as teh first baby step in site redesign, we added a Feedback Tab to all our pages...
You will see it always on the upper right side...use that button to tell us about any problems you're having, unless you are Gobias.
That was a joke, Gobias, you may also use the button to excoriate me for not blaming the collapse of Western civilization on Obama as often as you'd like...go ahead and make my day...
Use the button, it's not just there to look pretty.
Now you may return to your previous activities...the mgmt.
We are now at a point where supply greatly exceeds demand, and it will likely be that way for years, not a few months or quarters of gimmicky "clunkernomics".
Who is buying overpriced HDTVs? Most on display are 3-4 year old technology, priced at ridiculus levels. Are they counting on brain-deads who just want to watch 'American idol' and know nothing about LCD, "no sir this is LED...the newest thing!"
Millions are unemployed and more every day, are the fools going to pay $100+ a month for an HD cable signal? Maybe a new government program, cash for your old T.V...just take it to your nearest store and drop it into a tank of acid, then send the melted parts in for a rebate.
bulls think the stimulus will save them...no way, we are never going back to the good 'ol days. At least 1/3 of all retail stores will be gone after the X-Mas selling disaster. Where will people work? All our factories are gone...move to Asia? Look at our West Coast ports, millions of tons of crap from China is piling up, and no buyers..store it all for next X-Mas?? Americans reckless 'lend and spend' days are long over. Most people are buying ONLY what they need, and it ain't electronics and more toys. Short retail...then housing...IMO.
Most of the non-performing CRE is rolling over. Banks want to delay as long as possible until forced to call it in. Bank fraud is still in play, getting worse as borrowers get desperate.
CRE values are dropping, and we'll start seeing foreclosures accelerating by end of year.
The Federal Reserve is appealing a judge’s order requiring the central bank to identify the financial institutions that benefited from its emergency loans, according to a lawyer representing Bloomberg LP.
The central bank refused to divulge details about the companies participating in its 10 remaining lending programs, saying that doing so might set off a run by depositors. The Fed had until today to seek a reversal of the Aug. 24 decision by Manhattan Chief U.S. District Judge Loretta Preska, who ruled the Fed must release the identities, as well as disclose loan amounts and the assets put up as collateral.
And as the second circuit already showed its true colors in the Chrysler fiasco some months ago, it is likely that this case will once again reach the Supreme Court, probably about a month from now. October will thus likely be a very critical month for the Chairman, who will be besieged on two front - the legislative and the judicial, as Congress will be pushing for passage of HR 1207 at about the same time that the Supreme Court does it best to pretend that it is the last bastion of non-corrupted, Wall Street uninfiltrated interests, yet, as is always the case, only to show its true colors at the end of the day, once again confirming just which firms run the United States of America.