Not to turn Stinque into Calculated Risk, but:

TITANS 102.73 -7.36 -6.69%

HSI 14796.87 -1146.37 -7.19%

NIKKEI 8276.43 -881.06 -9.62%

STI 1948.33 -154.38 -7.34%

CHINA 2000.572 -74.011 -3.57%

KOSPI 1241.47 -53.42 -4.13%

SET 451.96 -48.03 -9.61%

ASX-200 3960.7 -360.20 -8.34%

My guess is Dow down 5-7% today … but who knows!  Isn’t unfettered capitalism teh awesome?!!!1?!

I can’t pick an outrage today because there are too many, so I will link to several that are pissing me off.  You can certainly add others in the comments.

• After already doling out an $85 billion bridge loan in September, the Federal Reserve Board announced yesterday “that it would provide up to $37.8 billion to the embattled insurer the American International Group to help it deal with a rapidly dwindling supply of cash.” This despite the little executive bash AIG threw.
• “Todd Palin talked with over a dozen state officials, many of them repeatedly, in his crusade to get a state trooper fired whom he considered to be a bad cop, a dishonest person and a threat to the Palin family, according to his sworn statement given Wednesday to a legislative investigator.”
• On Monday, the Ohio Republican Party filed a motion in federal court against the secretary of state to get the list of all names that have been flagged by the Social Security database since Jan. 1. The motion seeks to require that any voter who does not clear up a discrepancy be required to vote using a provisional ballot.

Jump.

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McCain Addresses Crowd as “My Fellow Prisoners”

Can’t post the video from the computer on this jobsite, but you can click through. I think he’s flashing back to the Hanoi Hilton.

[via Think Progress]

AIG executives went on luxurious retreat one week after receiving $85 billion bailout.

I say it’s time for that revolution Jefferson kept talking about.

Today, the House Oversight Committee discovered that, just one week after the federal government bailed out insurance giant AIG, company executives went on a retreat to a luxury resort. The executives spent nearly $500,000 on manicures, facials, pedicures, and massages, among other things. During a hearing today, Rep. Elijah Cummings (D-MD) asked, “Have you heard of anything more outrageous?”:

CUMMINGS: Let me describe for some of you the charges that the shareholders, taxpayers, had to pay. AIG spent $200,000 dollars for hotel rooms. Almost $150,000 for catered banquets. AIG spent $23,000 at the hotel spa and another $1,400 at the salon. They were getting manicures, facials, pedicures and massages while American people were footing the bill. And they spent another $10,000 dollars for I don’t know what this is, leisure dining. Bars?

I want heads on pikes over the East River.