An opposition map shows proposed routes to a rally in Tehran's Azadi Square.

Today is Sarah Palin’s 46th birthday. It’s also the 31st anniversary of the Iranian Revolution. One is notable because of an accident of history. The other is world-historical.

Read more »

Would you spend $549 to hear Sarah Palin speak? No? Well, how about $19?

She also focused heavily on her trademark lines as a crutch. During one incredulous example of a way to get motivated describing a bed time fairy tale she told to her daughter: “Last night Piper asked me to tell her a bedtime story and I said ‘YOU BETCHA,’ let me tell you about two brothers named Abel and Cain…”

Read more »

So if we’ve got this straight — which we doubt, but there’s a closed-palm test coming up — Goldman Sachs invested in mortgage-backed securities, severely shorting them with AIG credit-default swaps, convinced other companies to load up on AIG swaps as well, waited for the market to swoon, stiffed AIG for an arbitrary value on their original investments, spread rumors that AIG couldn’t meet its obligations, which undermined AIG stock, forcing the Feds to bail out AIG and pay off Goldman for whatever Goldman said it was owed.

As opposed to, say, taking an actual risk and behaving accordingly. Moral hazard is for amateurs.

We hope you’ve got all that down, because Greece is about to go tits up, and its bonds are “insured” by… wait for it…

Credit-default swaps.

Somewhere there’s a lesson in all this. But the only one we can come up with is “Be so fucking rich, you don’t give a shit.”

How Goldman Bet Against Mortgages and Got Government to Foot the Bill [Our Lady of the Beaver/Washington Independent]

As U.S. stocks fall again, should Greek debts worry us? [McClatchy]

So this Retard’s talking to another Retard on Retard News Sunday, about a Retard who called a bunch of other folks Retards at a private meeting that some Retard leaked to the Retard Street Journal. Seems the Retard’s upset that the other Retard used a word that denigrates her special-needs child, whose special needs apparently don’t include staying at home instead of riding the Retard’s shortbus so she can wave him around at other Retards while signing her Retard book.

Read more »

Maybe if we start signing our posts “Dick Sweat”, we’ll get some love around here.

The Daily Show Picks on Blogs, Too! [Gawker]

https://www.youtube.com/watch?v=yh0IMFsPYLs

We suppose it speaks well of the Republic that Jon Stewart and Bill O’Reilly can have a civil televised discussion, but that doesn’t mean we wouldn’t have preferred a Crossfire/Cramer takedown.

Read more »

Barack Obama, Tuesday:

“We had to go into overtime. But we are now in the red zone. That’s exactly right. We’re in the red zone. We’ve got to punch it through.”

Nancy Pelosi, Tuesday:

“We are very close to doing that in a comprehensive way.”

Well, then! Let’s git ’er done!

What?

Read more »