Posts Tagged ‘meltdown’

World Ponzi


Let’s play the World Ponzi Game!!! Since 1997, satirists John Clarke (satirist) and Bryan Dawe have presented a (usually) weekly mock interview covering a topical issue at the end of The 7.30 Report. Dawe is the interviewer, while Clarke plays a prominent public figure, though unusually for satire he makes no attempt to imitate the […]

Hardly Working


Even a tech God like Steve Jobs can struggle to get his wifi network to work. Apple attempted to do their demo over Wi-Fi, but as you can see couldn’t manage to get things up and running due to overload. So Jobs had to ask everyone in the audience, repeatedly, to shut off their Wi-Fi […]

Love is Blind


The nation is fascinated with Megan McAllister, the fiance of alleged Craiglist Killer Philip Markoff. Despite all the evidence that her man is a psychopath, Megan is stuck in the cloud of love. “All I have to say to you is Philip is a beautiful person inside and out and could not hurt a fly!” […]

I’ve gotten too old, I suppose, to take this seriously. Tim Geithner, the nervous prep school boy who was given the most important position in the government at this moment, is twitching into the chamber. Now, I know there are some in this chamber and watching at home who are skeptical of whether this plan […]

Could Be


Are you more concerned by the meltdown or the reaction to the meltdown? I’ve got this idea in my head that the big stimulus package represents the end of America. “I don’t believe it’s too late to change course, but it will be if we don’t take dramatic action as soon as possible. If nothing […]

Considering the economic forecast, wouldn’t it have made sense for Americans to cut back on Christmas spending? Shouldn’t we have expected retailers to report drops of 30 or 40%? Oddly, that seems not to be the case. The report said that in November retail sales sank 5.5 percent compared with a year ago. They were […]

As the U.S. economy continues to teeter on the brink of disaster, congressional leaders moved yesterday to put together a compromise loan package for the auto industry, and Barack’s weekly radio address focused on a recovery plan for the rest of us. Obama, in his weekly radio speech today, said his plan to create or […]