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Sun June 01, 2008
(Newsweek) Unlikely Is Wal-Mart Too Liberal? In other news, flying pigs spotted over La Guardia and the sky seen falling over Missoula (7)
(Reuters) Interesting Surest sign of inflation yet: General Motors' share price could triple in the next few years (10)
(Telegraph) Scary How today's credit & banking crisis looks a lot like one the one that happened in '29. Happy Sunday (48)
(Bloomberg) Strange Now wait just a cotton-picking minute here. Commodity regulators are investigating the most unusual swings in cotton prices in 150 years (33)
(Palm Beach Post) Interesting Amtrak ridership up as fuel prices hit new highs. In related news, Amtrak is still around (131)
(Telegraph) Hero Nymex and their London counterpart devise ingenius plan to pop the oil bubble: triple margin calls to drive out the speculators. "The move ... has coincided with a fall in the price of oil by around $7 so far" (37)
(Chicago Sun-Times) Scary Forget high gas prices; according to one analyst, congestion in Chicago's 150 year old railroad network could end up raising prices on, well, uh, basically everything (12)

Sat May 31, 2008
(Wall Street Journal) Amusing The latest undesirable side effect of outrageous gas prices: the Ford Fiesta is coming back to North America. Hecho en Mexico (27)
(The Consumerist) Amusing Starbucks' corporate office on a customer who threw a drink at a rude manager: "Providing great customer service is part of (the company's) commitment and if a drink isn't perfect, we want customers to let us know" (34)
(Reuters) Interesting Overstock.com is overstocked with lawsuits, offering free shipping and 20% off to state of New York (13)
(MSNBC) Obvious Price of oil expected to rise on news that busy hurricane season in Gulf of Mexico will push cost of barrels to $150 (53)

Fri May 30, 2008
(USA Today) Sad Motorists new frustration: Gas stations' $75 credit card transaction limits for fraud protection. Because not that long ago, a $75 fill-up charge was so ridiculous it had to be a scam (378)
(Quad City Times) Dumbass Caterpillar Inc: We're banning smoking on our US properties. UAW: UNFAIR LABOR PRACTICE, WAH (84)
(Schenectady Gazette) Sad Callaway shuts golf ball plant, leaves hole in one upstate NY city (23)
(The Industry Standard) Interesting Where are they now? Dot-coms from the 1990s (55)
(Houston Chronicle) Obvious To everyone's complete surprise, stimulus checks fail to spark consumer spending (412)
(Marketwatch) Unlikely 8 reasons $8/gallon gas is a good thing. Flying monkeys, submitter's butt, you get the picture (82)
(CNN) Asinine CNN Money uncovers the biggest story of 1997: online coupon codes (60)
(SFGate) Spiffy The Original Kazoo Company keeps it real (6)
(NYPost) Silly 20% of New Yorkers say they won't park their gas guzzlers until gas hits $5 a gallon, otherwise known as next week (33)
(USA Today) Interesting Wireless carriers added 23 percent less customers last year, which means consumers may start to see some exciting "rape lite" plans offered in addition to the current "rape" and "rape extreme" (17)
(Sky.com) Interesting Credit crunch is causing a downturn in the purchase of organic food. Please, won't some bankers think of the hippies? (27)

Thu May 29, 2008
(Utica Observer Dispatch) Sad Massive toxic fire burns at FX Matt brewery in upstate New York; brewers say the toxins are giving Utica Club just that extra piquancy they were looking for (11)
(Reuters) Obvious Costco 1Q profits soar 32 percent on strapped consumers' desire to hoard fuel, food, and mayonnaise (46)
(Reuters) Stupid Latest debt-creation invention: 401k credit cards. You'll laugh, you'll cry, you'll kiss your retirement good-bye (61)
(BBC) Interesting Yahoo "listening" to Microsoft. Microsoft "telling" Yahoo to fark off (3)
(USA Today) Stupid US Airways will no longer offer free peanuts on its domestic flights. Unlucky passengers will also face additional screening for the compulsory role of baggage-handler for a day (23)
(News.com.au) Interesting You can now add "printed plane tickets" to the list of things you used to have when you tell those damn kids to get off your lawn (17)
(Fox Business) Interesting Oil is at $130 a barrel. And in case you were wondering, this is good news (29)
(Some Guy) Obvious Federal Reserve officer: We are truly well farked (80)
(AP) Interesting Heinz profits slowly rose one percent, but then sped up another 6.2 percent after poking it with a knife as prices ketchup with higher commodity costs (20)
(Guardian.com) Obvious Farm crops are now more valuable as fuel than as food. What could possibly go wrong? (22)
(Reason Magazine) Obvious Once we had expensive gasoline. Then the market responded, and gas became cheap. Have faith, it will happen yet again (59)
(CNN) Obvious Twenty-five reasons why you're not getting the job you want. List can be summed up with "don't be a moran" (25)
(Some Oily Guy) Obvious Exxon shareholders reject reform proposals and alternative energy research, fearing it would hinder their ability to light their cigars with $100 bills (35)
(Marketwatch) Interesting Wanted: One economic brainiac who can keep his fool mouth shut about regulating asset bubbles. Experience outside academia helpful. Applicants may reply to B. Bernanke (7)
(CNN) Obvious Exxon Mobil tells the Rockefellers to go suck their milkshake somewhere else. Filthy hippies (10)
(Some Exxon-Mobil Gnomes) Interesting Phase 1: Collect 2.367 billion shares of Exxon-Mobil stock for $113 billion, which are now worth $237 billion. Phase 2: ??? Phase 3: Profit (29)
(CNBC) Amusing Nikkei jumps three percent on hopes that Kim Jong-Il will eventually become Kim Jong-Dead (9)

Wed May 28, 2008
(Wall Street Journal) Strange Warren Buffett, second largest shareholder in Anheuser-Busch, may support selling A-B to foreign brewery. Or not (17)
(Wall Street Journal) Amusing Hedge funds say chocolate price increase is short term, and should come down in a few years after farmers get a chance to plant more cocoa trees (22)
(The Earth Times) Interesting BMW plans on installing solar panels on car roofs to help cut fuel costs (45)
(The Virginian Pilot) Interesting Recessions aren't bad for every business. Dollar stores are doing well as more people can only afford $1 items (14)
(The Consumerist) Obvious Coca-Cola is trying to understand why people buy aren't 20 oz. Coke anymore (169)
(Yahoo) Sad Horizon Air has bad news for people that like it in the Butte (15)
(Kansas City) Asinine Think realtors are nothing more than overpaid used house salesmen? According to the Deputy Assistant Attorney General, there are 93 billion reasons you are right (84)
(CNN) Obvious CNN: Stagflation is back because... shakes magic 8-ball... "in 2008, like the 70s, Cheney is close to power" (26)
(Houston Chronicle) Obvious Headline: "Orders for big-ticket items show unexpected strength." Article: "Orders for big-ticket items didn't fall as much as we thought they would" (10)
(Reuters) Obvious Ford management's foresight and solid execution ensures their return to profitability is on target. Just kidding -- they didn't anticipate an economic slowdown and have to layoff 12 percent of their workforce (37)
(247wallstreet) Obvious DOW Chemicals is raising the cost of ALL products by 20 percent on June 1st. Inflation unavailable for comment, as it is currently under control according to the Ministry of Plenty (25)
(CNBC) Hero Saudi Arabia has boosted supply to help meet the world's need for fuel and may further increase output later if needed. Time to fill up the SUV (60)
(The News & Observer) Interesting Old and busted: Trading baseball cards. New hotness: Trading houses (10)
(Forbes) Scary UBS, if you invested with us for your future, you're screwed. We have no idea what we are doing. Invest with confidence (13)

Tue May 27, 2008
(Some Guy) Interesting The long, slow, memory-hogging fall of Microsoft Office has begun (78)
(Reuters) Interesting "Honda's CEO gears up for next hybrid race." A very slow, annoying, tailgating, endlessly lecturing race (21)
(Forbes) Scary Oil over $133 a barrel, up 40% from January due to news that...*takes hallucinogenic drugs and stares into campfire*... somebody shot up a pipeline in Africa (46)
(Marketwatch) Interesting Vodafone CEO hangs up career (4)
(Marketwatch) Cool Oil prices rise to over...wait, nevermind. Oil closes at $128.85 a barrel on news that I've got to be at the gym in 26 minutes (46)
(ClusterStock) Interesting As oil prices tank, analyst at Goldman who thinks oil going to $200 a barrel says he's not a crackpot (21)
(NPR) Ironic Make a hippie's head asplode: help the planet by buying a Hummer (45)
(Reuters) Obvious April new home sales down 42% year-over-year, a 27-year record. March numbers were revised down by 17,000. Guess what the headline says? (229)
(Bloomberg) Interesting Old and busted: Outsourcing U.S. manufacturing jobs to China for cheap labor. New hotness: Outsourcing Chinese manufacturing jobs to Vietnam and India (15)
(MSNBC) Obvious Consumer confidence falls to a near 16-year low. In other news, expect another round of nearsighted quick fix discussions from your politicians. Economic Stimulus Part II anybody? (47)
(Reuters) Misc Target picks up line of furnishings designed by Sami Hayek, brother of Selma. Article contains picture of Selma Hayek for some reason, though I'm not complaining (33)
(CNBC) Scary Home prices plunged at record pace in first quarter. Realtors soon to agree that "a milk and three crayons for your house" is a good deal (52)
(CNBC) Interesting HSBC's chief is calling on central banks to raise interest rates to tame inflation. Reportedly also wants to give away more of that fee interest with their interweb savings accounts (11)
(Telegraph) Interesting George Soros: "We face the most serious recession of our lifetime." (27)
(Silicon Alley Insider) Unlikely Newsflash: web surfers no longer interested in naked ladies (149)
(Congressional Budget Office) Interesting Richest 20 percent of Americans paid 68 percent of all income tax collected in 2005, 3 percent higher than when Bush took office. For comparison, the same group only paid 57 percent in 1979 (469)
(DFW Star-Telegram) Obvious Airports offering music, cots and snacks to irate passengers in hopes that they'll ignore the fact that airports aren't addressing issues causing passengers to be irate in the first place (54)
(Bloomberg) Dumbass The Libor, a benchmark for $350 trillion in assets, might not be a reliable financial indicator as they were giving massive discounts to banks that lost hundreds of billions on subprime loans and not reporting it. Oops (12)
(Engadget) Asinine If you didn't already think Monster Cables were worthless pieces of marketing hype, now they're suing a mini-golf company for diluting Monster Cable's brand. Oops, too late (29)
(CNBC) Cool SEC prepares for painful penetration without prior lubrication; Probe into how Moody's, Standard & Poor's and Fitch rated junk bonds as AAA securities commences (17)
(St. Petersburg Times) Silly Adidas wins $305 million in lawsuit against Payless Shoe Source for selling sneakers with two and four stripes, instead of three (23)

Mon May 26, 2008
(Telegraph) Scary George Soros weighs in on the rising oil prices is merely speculation and that US and Great Britian will have the worst recession since the 1930s (53)
(London Times) Interesting Recession Warning Sign #283: Fuel suppliers cut off credit, demand airlines pay cash in advance. Passengers who always had to pay in advance point, laugh "Ha ha" loudly (43)
(Denver Post) Obvious Miller beer leaving Wisconsin? "That's bad for Milwaukee," say beer drinkers. "We've seen Blatz, Pabst and Schlitz go away. We can't take another hit." Because we all remember the Blatz riots when they left (88)
(Washington Post) Asinine While retail prices of gas soar, Exxon makes sure to keep the price they charge franchise holders as high as possible, so their profit margins are vanishing. Meanwhile, back at headquarters, Exxon execs seen having money fight (48)
(News.com.au) Amusing The 10 most annoying office habits. How many of them do you work with? (106)

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