"Africa is, indeed, coming into fashion." - Horace Walpole (1774)


apocalypse now

So the Republicans are imploding on one another, Obama may just be debating himself tomorrow night (newsflash: McCain just might make it after all and Mississippi's Republican governor says they're having the debate, oh, yes, sir, they are), Palin doesn't know what she's talking about, we still don't have a deal on the financial crisis, and it appears that the banks are not failing. Except for WaMu.

Oh, and there was a screaming brawl in the White House this afternoon, and Treasury Secretary Hank Paulson actually got on his knees to beg some Nancy Pelosi to do something. She pointed out that it's the Republicans who are blocking the deal, not her; he agreed. David Letterman is one of the few voices of reason, mostly because he's mad at McCain for standing him up and lying about it.

It's like a particularly awful Aaron Sorkin melodrama.

(Yes, I thought the West Wing was stupid. What of it?)

I'm going to sit in the sun for the next three days and not think about it. Somebody text me if the Fed catches fire or Palin dresses a moose on the floor of the House.


Anonymous Anonymous said...

And unless I have lost count that marks 12 bank failures this year. And these are big ones, not the random internet bank or small industrial bank. Not good. Not good at all.

Thursday, September 25, 2008 11:09:00 PM

Blogger texasinafrica said...


Thursday, September 25, 2008 11:31:00 PM

Blogger CharlieMac said...

It is so amazing to me that the current administration is being blamed for rule changes which allowed the current money crisis to happen. Liberals in congress pushed to lower and remove restrictions put on borrowing money after the "Great Depression".

This was under the guise of making housing more affordable for minorities and poor workers. Bill Clinton joyfully signed the bill into law.

Several efforts have been made to reinstate the old controls in recent years, but have been rebuffed by liberals in the house and senate.

Quite naturally the greedy side of human nature took complete advantage of the rule changes. Agents on commission sold the most expensive properties possible to everyone they could. While mortgage companies began to compete for buyers who were not qualified for a loan period, and especially one for the amount they applied for. Bad credit history, no problem, we can work around that. No job or spotty employment record, well we can work around that too. Bankrupcy in the last couple of years, no problem, we want ask or tell.

Gee! I wonder why we are facing this financial crisis right now? OH yeah, now I remember, it is "W's" fault. So
let's bail out the companies who made the mess, not the poor individual who was the victim of unscrupulous dealings. Oh and since this is a sudden crisis we did not see coming, we have to get this done in the next couple of days. (Before the American people catch on to what we are doing!)

Boy, I am going to show them, I ain't going to vote this year! NOT!
Charlie Mac

Friday, September 26, 2008 6:52:00 AM


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