Food Network Uses Subliminal Messaging

Jim Kramer - Bear Stearns Is Fine???

Damn, did he really say this? I guess we can't win them all . . .

Palin Being a Moron Again . . .

Nothing new . . .

FRIDAY HUMOR: McDonald's Racist Commercials!

They should be ashamed of themselves over at Mickey D's! lol

Matt Damon Calls Sarah Palin's Ticket a "Really Bad Disney Movie"

Which, kind of makes sense . . . lol

The Government Bails out AIG

Looks like the United States Government finally realized the financial mayhem that would have been caused if it would have allowed AIG to fail. The government decided to bail out the large insurer by offering them an $85 billion short-term bridge loan.

I guess now most people are wondering why the let Lehman die and not AIG. Well, the answer is obvious. Lehman just doesn't matter. Too many firms worldwide have exposure to AIG and imagine the collapse that would come if it would have failed. Yup, lots of payouts of credit default swaps. Hey, let's not forget that it was the repo market that ultimately put the bullet in Lehman's head.

Well, Uncle Sam, you've saved the world for now . . .

GOD BLESS AMERICA!

AIG is the Next to Blow!

With the fall of Lehman and the recent acquisition of Merrill Lynch it now looks like another firm in the financial services industry is about to go under.

Word on the street was that AIG had about 48 - 72 hours to live if it couldn't raise a few billion dollars within this time frame. Well, they were downgraded and have to raise about $75 billion to survive.

The world is dying . . .

"Damn, I told you we should have cashed that damn check!"