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You Know What Else Bankers Are Like? Hostage Takers!

Jimmie | March 19, 2009 | Comments (2)

The hits just keep on coming, don’t they? LOS ANGELES – President Barack Obama said Thursday evening that he was “stunned” to hear about the $165 million in bonuses that were paid to employees of troubled insurer AIG over the weekend, promising to do everything he could to “get these bonuses back.” “These financial industries [...]

So When Do They Start Calling for Chris Dodd’s Head?

Jimmie | March 18, 2009 | Comments (4)

Liar, liar, pants on fire. Senate Banking committee Chairman Christopher Dodd told CNN’s Dana Bash and Wolf Blitzer Wednesday that he was responsible for adding the bonus loophole into the stimulus package that permitted AIG and other companies that received bailout funds to pay bonuses. Here’s the video of Dodd tap-dancing his way toward the [...]

The Administration’s Response to the AIG Bonuses Smell Like Desperation

Jimmie | March 16, 2009 | Comments (1)

The administration has found a new villain on which to focus the public’s attention while it rummages around to see if there’s some other hoary economic policy from the 1930s it can dust off and slap onto our recession. Today’s bogeyman is AIG, which decided to honor the contracts it has with its employees and [...]

They Always Travel in Pairs.

Jimmie | March 14, 2009 | Comments (0)

It is said about the Lords of the Snark that where there is one, the other must surely be nearby. So it is today in the blogosphere. First, the apprentice, Frank J. Could Obama have a flaw? Could he be, in fact, too awesome? Before you grab the pitchforks and label me an apostate, hear [...]

Hey, He Did Try to Destroy California, Which is Cool, Right?

Jimmie | March 11, 2009 | Comments (2)

We’ve definitely hit hard times when even the super villains need bailout money. By the way, if you don’t immediately recognize the actor under the bald pate, that’s John Hamm, from Mad Men. I haven’t watched the show but I should because Christina Hendricks is in it (and invoking her name in a blog is [...]

VP Biden, So Tough He Doesn’t Need URLs (and Neither Do You)!

Jimmie | February 25, 2009 | Comments (0)

Who can blame Vice President Biden for getting confused. Those web site numbers are so darned difficult to remember, aren’t they? That’s why the rest of the web-surfing world switched over to those easy to remember names like “recovery.gov” But not Joe Biden. You want to access his web site? You’ll do it Joe’s way, [...]

Barack’s Magic Bailout Pool

Jimmie | February 19, 2009 | Comments (3)

Remember yesterday when the President unveiled his $75 billion mortgage bailout plan? Yeah, turns out the price tag is actually $275 billion. And some of that money is coming from what was originally supposed to be used to bail out failing banks. Do you remember the when our elected officials were wailing and rending their [...]

The President’s “Screw Your, Renters!” Bailout Unveiled

Jimmie | February 18, 2009 | Comments (0)

Today, my President unveiled a plan to use my money to make it much more difficult for me to buy a house. He released his mortgage bailout program today, designed to help 9 millions homeowners. The plan has two major goals: to keep housing prices high by bribing companies to renegotiate mortgages that aren’t in [...]