Day September 25, 2008

Words of wisdom from the Moron-in-Chief

“If money isn’t loosened up, this sucker could go down.” — President Bush providing his usual clarity of thought and intelligent plan of action at the White House meeting today. In other exciting news from the clueless today, Sarah Palin…

Voltaire, Batman and the precipice

Because some men aren’t looking for anything logical, like money. They can’t be bought, bullied, reasoned or negotiated with. Some men just want to watch the world burn. — Dark Knight (2008) Take your third deep breath in ten days.…

Bailout Nation

Barry Ritholtz of The Big Picture financial blog discusses his soon-to-be-published new book, Bailout Nation. Prediction: The dreaded bailout will pass, the markets will rally, then that pesky reality will intrude again, causing another big downdraft. The credit markets are…