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Hillary Clinton was taken apart when she falsely claimed to have been under sniper fire at a Bosnian landing. Joe Biden has largely gotten a pass for falsely claiming to have been shot at in Iraq. Continue Reading »
Wachovia was the last bank to not fail according to the FDIC. Of course, Wachovia’s banking operations are being sold to Citigroup, wihch isn’t usually signs of success. While this deal sounds great to anyone that owned stock option PUTS in Wachovia, it’s not really a stellar thing for the United States economy.
The problem is that Citigroup will absorb a $42 billion loss from Wachovia’s $312 billion loan portfolio, with the FDIC covering any remaining losses. This means that you, me, and the non-illegal immigrants (who don’t pay taxes) are going to be paying for losses for a not-failed bank. Continue Reading »
One of sixteen candidates running for governor in Bangkok was in the middle of a publicity stunt when tragedy struck. Thirasak Sitanont a staffer for the candidate drown with journalists watching on as he attempted to take a bath in a polluted canal. Continue Reading »
JP Morgan has been saving its money and within the last few months has decided it’s time to strike. And by striking, JP Morgan has consumed Bear Stearns and now Washington Mutual, it’s just a matter of guessing what JPM will be buying next. Continue Reading »
China’s official news agency Xinhua published articles detailing a successful launch of China’s Shenzhou 7 mission including mission details, dialogue between astronauts all several hours before the Thursday launch. Continue Reading »
62 year old singer Bette Midler has announced she will quit touring in an effort to save the planet. Her tour requires 14 trucks and she claims that is wasting too much gas. Instead she will do shows in Vegas that every member of the audience not living in Las Vegas will have to drive across the country to see. Continue Reading »
PETA, People for the Ethical Treatment of Animals has urged Ben & Jerry’s ice cream to switch to human milk. PETA says the move would lessen the suffering of dairy cows and their babies. Continue Reading »