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Sun October 05, 2008
(AP) Sad After 74 years and tens of thousands of horribly-produced commercials, the very first original Carvel ice cream store has closed its doors (24)
(Wall Street Journal) Asinine Hedge fund managers calling it quits. "What I've learned about the hedge-fund business is that I hate it. I have enough money that I don't have to work, why should I put myself under that much stress?" (28)
(MSNBC) Fail Ford celebrates receiving new 25 billion dollars...by rolling out even more vehicles that they cannot sell (37)
(AP) Stupid I would like a layover in Denver, a near miss in Miami, a meal in Minneapolis, and a cancellation in Toledo. Oh, and can I get my bags lost somewhere over North Dakota? Thanks (66)
(MSNBC) Obvious New homes are selling at the slowest pace in 17 years. You know, that time we were at war with Iraq and Bush's term was almost over (24)
(NYSE) Interesting The New York Stock Exchange installs "circuit breakers" to deal with 3,350-point drops and higher (26)
(Houston Chronicle) Silly Bank bailout plan somehow includes mental health coverage for Texans, which is stupid because everybody knows Texans are proud of their incurable insanity (38)
(London Times) Obvious Dick Fuld, who only netted half a million bucks in stock options this year for running Lehman Brothers into bankruptcy, saved from abject poverty by his wife's keen eye for abstract expressionist art. Whew, that's a relief (18)
(Fox News) Fail Masatuc.. Massatwo.. MA is next state in line to beg Fed for money; just enough to "take the edge off" (30)
(Guardian.com) Scary Wall Street is likely to reject the bailout bill (314)
(AP) Followup Wells Fargpwned (31)
(The Economist) Ironic Japanese companies capitalize on America's financial misery by going on spending spree abroad, hoping to party like it's 1989 (10)

Sat October 04, 2008
(Reuters) Obvious Americans upset that the average CEO makes hundreds of times the average American's salary. You mean pay disparity makes people angry? Who knew? (131)
(Some Guy) Interesting NHL and its tens of fans set to be the sports league that takes the hardest hit from the financial crisis (37)
(AP) Followup FDIC brokers sale of Wachovia for $2.1 billion, and will take losses. Wells Fargo offers $14.8 billion with no government cost. Guess which one the government likes better? I'm sure glad we gave them $700 billion more (139)
(It's an outbreak) Interesting Watch the time-lapse spread of Wal-Mart over the years (78)
(Reuters) Interesting Employees off sick for long periods more likely to die before co-workers. On a positive note, at least they're not spreading their death colds around the office (15)
(Reuters) Asinine Google and Yahoo coming under anti-trust scrutiny. WaMorgan CitiFargchovia laughs and points (12)
(Marketwatch) Cool Why the "Emergency Economic Stabilization Act of 2008" is good for you, the responsible taxpayer (65)
(Reuters) Dumbass After unsubstantiated Steve Jobs heart-attack rumor crosses the wires, Apple fanbots panic and sell AAPL stock en maase (42)

Fri October 03, 2008
(Financial Post) Interesting Canadian dollar heading for worst week in 38 years, but it's still worth more than the Australian dollar, so that's nice (23)
(Yahoo) Scary In spite of the bailout, Dow Jones Industrial Average closes below Monday's lows. Is it time to panic yet? (58)
(CBS News) Scary Biggest single monthly job loss in five years (36)
(The New York Times) Cool Bob Dylan understands the weak economy. Too bad no one can understand Bob Dylan (18)
(Fox Business) Amusing Fox Business pundit actually reads $850 billion bailout legislation. Freak-outlarity ensues (40)
(CBS News) Asinine Studies sponsored by the Corn Refiners Association show that High Fructose Corn Syrup is the same as sugar. Additionally, studies show that Brawndo has the electrolytes that plants crave (253)
(MSNBC) Unlikely The faltering economy is the reason your nipples are somewhere around your knees (88)
(LA Times) News If you had "California" as the next institution to request a bailout in the credit crunch pool, please step forward to collect your prize (235)
(Marketwatch) Obvious Wells Farkovia (56)
(London Times) Fail Nicolas Sarkozy's bailout plan is doomed. Consolation Prize: He still gets to bang Carla Brunei (16)
(Canada.com) Sad Entuire stauff ouf Canadiaun Oxfourd Dictiounary Lauid Ouff amuid decluining saules (21)

Thu October 02, 2008
(Forbes) Stupid Looks like the joke is on us. There really isn't a credit crisis and the bail out was just a scare tactic by Wall Street for us to buy up their bad debt (81)
(CNN) Scary Normally, when the Dow falls 330 points, it's national news. These days, though, it's known as "Thursday" (34)
(Washington Post) Scary Further proof of how hosed the American economy is: Even Mexicans are avoiding us (55)
(Billings Gazette) Misc What recession? Kohl's launched 46 stores yesterday (50)
(Bloomberg) Spiffy Oil prices falling to $50? It's more likely than you think (91)
(The Sun) Asinine So far...both presidential candidates support the bailout...as do Hillary Clinton, Harry Reid, Nancy Pelosi, George Bush, and Vladimir Putin and now British Prime Minister Gordon Brown (162)
(Daily Kos) Scary A well-written, clear and intelligent explanation of why the credit crunch is going to be the end of us all, no matter what the government does (103)
(The Register) Followup It turns out Overstock CEO Patrick Byrne isn't a complete raving lunatic after all, even if he did fire Sabine Ehrenfeld (21)
(CNN) Followup International markets fail to rally when it becomes apparent that the Senate plan isn't actually going to hold anyone accountable for anything (33)
(CNN) Cool The top people who earned the most money for the least amount of work (21)
(National Review) Interesting The bailout bill repeats the same mistakes that Japan made following the burst of their bubble in 1990 (94)
(Toronto Star) Amusing And the latest Chinese product being recalled due to unsafe chemical levels is... pretzels (75)
(Bloomberg) Scary Tensions between France and Germany escalate. This is not a repeat from 1914 or 1939 (51)
(Reuters) Fail Eighteen percent of U.S. car dealerships could fail within a year. Bring in your beat-up old Scary or Obvious tag, and we'll pay off your trade NO MATTER HOW MUCH YOU OWE (102)

Wed October 01, 2008
(Marketwatch) Cool Google unveils $4.4 trillion alternative energy plan (59)
(Marketwatch) Obvious Chrysler sales plummet by 33%. In other news, Chrysler still selling cars (40)
(The Moscow Times) Spiffy Russian stock market turns around after two-hour timeout, juiceboxes (8)
(ClusterStock) Interesting Warren Buffett explains why he just bought $3 Billion worth of GE preferred stock and also why the economy sucks (42)
(Daily Star) Sad Credit crunch hits where it hurts as Hugh Hefner forced to layoff bunnies (15)
(Valleywag) Cool The 15 hottest CEO wives (66)
(Some Guy) Obvious Zimbabwe dollar slips to new low on news that such a thing is even possible (24)
(Yahoo) Obvious GE stock tumbles on concerns of 2009 earnings, NBC fall lineup (18)
(WSRZ) Asinine Congratulations Americans, you were just forced to buy a crappy American car, thanks to that $25 billion loan package to U.S. automakers (353)
(Seattle Times) Asinine WaMu gave their new CEO a signing bonus of $7.5 million just before the bank failed. The poor guy didn't even get to catch a single pass (27)
(NYPost) Obvious New Yorkers giddy they can upgrade from bathroom to walk-in closet, now that the NYC housing market is following Wall Street down the toilet (95)
(Telegraph) Interesting "Why Propping Up Banks Will Not Rescue a Debauched Financial System." Oh, c'mon -- nobody says "debauched" anymore. Yeesh (161)
(Some Guy) Obvious Automaker takes the obvious action when faced with declining auto sales due to tight credit and expensive fuel: It opens a social media website (53)
(Wall Street Journal) Asinine The obscure government agency you have never heard of just told America's banks, "You're not broke, just put down whatever number pops into your head. It's cool" (50)
(The Consumerist) Asinine Videotape an argument between two JetBlue passengers? That's a detainin'. With argument video goodness, shot by the grandmother who was escorted off the flight in cuffs (126)
(AP) Misc Stocks in decline again today. Free market enthusiasts foam at the mouth, insist this is a good thing, recession is good for the economy, slavery is freedom, we have always been at war with Oceania, meep meep, twitch twitch (166)
(Marketwatch) Dumbass Bank repeatedly texts all customers their passwords have been stolen. Hey White House, THAT'S how you cause a bank panic (3)
(Portfolio) Scary The amount the U.S. owes is so large, they can't fit the number on the National Debt Clock. Math is hard (252)
(Yahoo) Scary Senate to amend bailout bill to include a massive tax cut. So we're going to fix the financial problems by increasing our spending and decreasing our revenue. Economics professors slap foreheads, wipe hands on pants (134)
(CNBC) Interesting See if you can pass the FCAT: Financial Crisis Aptitude Test (23)

Tue September 30, 2008
(Marketwatch) Scary Google loses over $18 billion in market value due to an end of the day trading snafu (26)
(National Post) Obvious Bush reassures American taxpayers that bailout will pay for itself: "We expect that this money will eventually be paid back." Merrill Lynch analysts: "Um, not so much. Try 18 cents on the dollar." (82)
(Forbes) Spiffy The word of the day is "schadenfreude" (42)
(Corporate Mofo) Obvious Finally, a sensible explanation of the economic crisis and reasonable bailout plan written by a professional dominatrix (18)
(CSMonitor) Obvious "Executive pay rates and Wall Street in particular have reached extraordinary heights. We may be at the point where the pendulum is beginning to shift." YA THINK? (47)
(The Consumerist) Interesting Ten things to expect from the new post-apocalyptic economy.... besides Mel Gibson chasing roving gangs of Jewish folks in a supercharged black Pursuit Special (133)
(Reuters) Cool FDIC asks for permission to raise insurance to $250,000 per individual account (40)
(Village Voice) Dumbass In the latest round of "pin the tail on the person to blame for the financial crisis," Andrew Cuomo is the current ass (24)
(Ohio State University) Asinine Damn those homeowners for the mortgage cri... what's that? It was commercial borrowers and land speculators? Say it ain't so (46)
(Wall Street Journal) Followup Oil prices level off at $100 per barrel on news that tonight, someone, somewhere, somehow will win the AL Central Pennant (16)
(Reuters) Amusing Retail sector: Santa is still coming to town. No word on coal futures (5)
(Washington Post) Interesting Forget the Dow and the NASDAQ. The real measure of the economy is how well the gold-diggers and strippers are doing (77)
(Houston Chronicle) Interesting Calm down and don't load up your Model-T for a trip to find a job picking fruit and beating up company thugs: There won't be another Depression (116)
(Family Security Matters) Interesting House bailout guru Barney Frank had a long term relationship with a Fannie Mae exec who promoted high risk loans (66)
(Reuters) Obvious Stocks rebound on news that the Financial Markets are full of half-wits who don't have a clue, the government are a bunch of fear-mongering pin heads, and that you signed a mortgage you couldn't possibly afford. Subby refills his scotch (189)
(Reuters) Strange Not all markets are down. Tesco is up 10 percent, still a mess (3)
(CNBC) Followup Markets: Oh my God, the bailout bill failed. The sky is falli -- wait a minute, the sky is right there where it always was. Never mind (47)
(TechCrunch) Amusing September Madness continues. How many banks are still alive in your brackets? Can Citigroup make the Final Four? (83)
(CBS News) Followup Fallout from bailout failure could create "economic 9/11," says economist C. Little. So tonight we're gonna panic like it's 1929 (37)
(Houston Chronicle) Scary Three giants now tower over U.S. banking scene: Gargantua, Pantagruel, and Rosie O'Donnell (15)
(Financial Times) Strange Some corner of a foreign field that is forever England: Quaint English village escapes housing crisis by being in Kurdish Iraq (8)
(Election Geek) Asinine CNN presented a calm informative look at Congress' bailout refute. Just kidding, they melted down even worse than the stock market (75)
(RealClearPolitics) Obvious "If Fannie Mae and Freddie Mac were free market institutions they could not have gotten away with their risky financial practices because no one would have bought their securities without assuming politicians would bail them out" (187)
(Portfolio) Interesting Who Killed The Economy? A fun game for the whole family, at least until they turn the power off (35)
(Comedy Central) Amusing In these times of economic uncertainty, it's good to know you have someone you can rely on. Step to the Wu, Wu Tang Financial. (Not safe for work language) (27)
(New York Sun) Sad New York City newspaper goes out of business. The Sun was there (72)
(Some Guy) Dumbass Consumers are now using 58 percent of their available credit card limits. For those hurting in this economy, take comfort in your plasma television, outdoor furniture and all the other worthless crap you financed at a 32 percent APR (90)
(Examiner) Scary To put the stock market collapse in dollar terms, $1.2 trillion was wiped off the face of the earth (79)
(Globe and Mail) Spiffy Campbell's Soup was the only stock in the S&P 500 to gain in today's bloodbath. Proving, once again, guns, ammo and canned good are your only safe investment options (42)

Mon September 29, 2008
(CNN) Obvious Asian, Pacific markets are plummeting wildly on U.S. bailout failure, promising a really wacky Tuesday on Wall Street (536)
(International Herald Tribune) Interesting Wendy's unveils three-point plan to boosting profitability: (1) target older customers, (2) change up value menu, (3) improve fries. Bye-bye, Mr. Red-Wig Guy (63)
(CNN) Interesting Harvard economist says bankruptcy is better than bailout (83)
(AJC) Sad Creative Loafing files for bankruptcy. They'll have plenty of time to loaf now (27)
(Bloomberg) Asinine Separate from the bailout, the U.S. Federal Reserve is doing everything in its power to ensure the dollar will soon be worth less than Monopoly money (38)
(Washington Post) Cool In an era before the Federal Reserve, the US looked to one man to save them during the economic panic of 1907. It took locking 50 bankers in his library for hours, but here's how J.P. Morgan did it (19)
(Some Guy) Interesting Finally, an easy-to-understand explanation of the financial mess that doesn't resort to name calling and hyperbole (78)
(Yahoo) Scary "Dow Jones industrials down nearly 780 points in their largest one-day point drop ever." Hey, we broke the record. U-S-A! U-S-A! U-S-A! (784)
(The Consumerist) Fail "Congratulations on your new home, Paul. Glad we could make your day" (32)
(MSNBC) Interesting Another sign of the Apocalypse is upon us: Denny's is one of the top 10 healthiest restaurants (59)
(MSNBC) News Well, the bailout was fun while it lasted. Hilarity ensues (2172)
(CJR) Interesting Mississippi hometown newspaper for Obama/McCain debate fielded a flood of questions from respected news organizations, mainly about where they could get a good meal that didn't involve pig's intestines (23)
(The Local (Sweden)) Ironic Swedish debt collection agency soon to start harrassing itself (7)
(Belfast Telegraph) Misc Oil companies unite under Emo brand, thereby depressing the market (5)
(The Register) Dumbass IBM's latest innovation is a sprinkler with an on/off switch. Yes, I know it's unbelievable, but hands off -- this baby's patented (10)
(Bloomberg) Obvious Canada to USA: Your made bed, let me show you it (209)
(Some Guy) NewsFlash Citiovia? WaCiti? (260)
(Marketwatch) Scary UK markets taking U.S. bailout plan about as well as you'd expect (57)

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