BREAKING: Bush Is Stupid

It's always nice to know that during the economic fuck fest "of the century", your president's -- president's! -- former treasury secretary thinks the president doesn't know shit, and actually says it publicly. Actually, if Paul O'Neill had said "he doesn't know shit," that would have put me more at ease than what he really did say: "I don't think he understands or knows much about any of this and it shows." [ABC News]

Afternoon Armageddon

• McCain suspends his campaign for the good of being elected president.
  
• McCain is too much of a vagina to debate in the middle of an economic wet shit storm.
  
• McCain has learned that you don't deal with American crises by slathering cake all over the father of your illegitimate black baby's face.
  
• Bush, still president -- president! -- points out the obvious in a boring speech tonight, that is sure to send the DOW down another 300 points.
  
• Obama to McCain: Thanks for returning my call, but the debate is still on, you old bumbling fuck.
  
• Al Gore: Still insane.

Alex Jones and Ben Stein Impress the Cretins...What?

We want a second opinion on the economic fuck-fest America is currently experiencing. So we went to Info Wars, as promised. (Emphasis mine, for comedic/informational purposes)

Most do not realize there is a crash right around the corner and it is part of the New International Economic Order — synonymous with the phrase New World Order — proposed by the Trilateral Commission, a coterie of bankers and directors of transnational corporations headed up by the chairman of Chase Manhattan Bank and a central figure in the Council on Foreign Relations, David Rockefeller.

He continues:

In other words, if passed by Congress, Paulson and Bernanke will have the authority to intervene in the markets as they — as minions of the global elite — deem necessary. It is not a stretch to imagine the outcome: a cornering of the gold, silver, or platinum markets, the snatching up of prime real estate and corporations, running the competition out of business. In essence, this represents the sovietization of the U.S. economy. It is central planning as envisioned by the global elite. It is a triumph for the New International Economic Order. It is a fait accompli for the globalists.

Now, the really fucked up thing: Besides all the New World Order crap, this article makes a ton of sense.

And here's what Ben Stein had to say today:

The profit can be wildly out of proportion to the real amount of defaults, because speculators can push down the price of instruments tied to the subprime mortgages far beyond what the real rates of loss have been. As I said, the profits here can be beyond imagining. (In fact, they can be so large that one might well wonder if the whole subprime fiasco was not set up just to allow speculators to profit wildly on its collapse...)

Think Progress: Democrats, Remember Your History

There's a good post on Think Progress relating Bush's bullshit $700 billion bailout (BB7BB for short) to history, and explaining that despite his calls to mimick Roosevelt's bi-partisan rhetoric, Roosevelt never would have bailed out the private sector for the good of big business CEOs and their bad behavior. Neither would have Jefferson. In actuality, says writer John Halpin, the Fed and public ownership of money was a Republican idea, pushed by Hamilton and later Senator Nelson Aldrich, a close friend of Reptilian Humanoid JP Morgan. [Think Progress]

At least Everyone Knows We're Fucked

19 percent of Americans approve of the job Bush is doing. 51 percent believe in ghosts. 12 percent think Barack Obama is a secret Muslim. 0 percent think the economy is getting better. 0 percent. [American Research Group]