Congress FInancial Services

From The Room: The Vast Right Wing Conspiracy: Joltin' Joe Gaffes Again

September 26, 2008 - Congress is like a slick Vegas magician. While our attention is on its fiddling with the Wall Street mess they slip a quick 25 billion in welfare to the auto industry and hope nobody was noticing. That means this month's bailouts are already over a hundred billion with a...

From The Room: Masters of Debt (with apologies to Bob Dylan)

September 26, 2008 - Come you masters of debt You that owe the big bucks You that sell off your shares To some other rich fucks You that mismanage funds You that mishandle loans I just want you know I see through your Dow Jones You that never done not...

Citizens of Main Street, get your slice of the bailout pie!

September 23, 2008 - Looks like the Wall Street bailout isn't going to glide through as easily as hoped. Democrats are balking. They refuse to give Wall Street a $700 billion "blank check," and Barack Obama says the bailout...

Bank CEOs- should they be drawn, quartered, hung, shot or forced to fire the night nanny? You decide

September 22, 2008 - According to Politico, one of the main sticking points in the bailout bill is the issue of limits on executive compensation -- maybe because this is one of the few parts of the bill anybody can understand. The Democrats think the executives shouldn't be rewarded for screwing up, to which...

Our intelligence plummets on opening bell

September 22, 2008 - We're not economists, but according to our calculation, Wall Street is about to be swallowed up by a sinkhole. What can you do to protect your investments? Wait, you have investments? You're our most elite reader! Normally, in times of such confusi...