SHIT, I really think we retired too soon. At least I have more debt with Citibank than savings.
qlª |
Homepage |
03.08.08 - 2:35 pm | #
The Carlyle Group couldn't make a margin call? It couldn't happen to a nicer group of people.
Can't they use a fleet of Strykers as collateral? I think some domestic security agencies might want to stock up.
George Johnston |
Homepage |
03.08.08 - 2:35 pm | #
So... What does that mean? What's the significance of a "systemic margin call"? Is this the point where the snowball becomes too big to stop?
MattC |
03.08.08 - 2:35 pm | #
The crumbling economy is gonna make Huggy Bear's TERRA! campaign resonate?
This doesn't look good at all. Is it possible that Mr. Bush is wrong about the strong economy?
Diane C. Barking-Mad |
Homepage |
03.08.08 - 2:35 pm | #
Marion Jones goes to the slammer today. And who lead Team Jones?
Chris Lehane and Mark Fabiani
WalterNeff, Thai master |
Homepage |
03.08.08 - 2:35 pm | #
Thornburg isn't subprime either. Thornburg is Alt-A jumbo loans.
Pape Clement |
03.08.08 - 2:36 pm | #
Your "WHEEEEEEEE" blogging is hurting this economy, Atrios!
Zap Rowsdower |
Homepage |
03.08.08 - 2:36 pm | #
Are we at the point yet where Bush and MCain blame this on the democrats?
leibniz♘☮ |
03.08.08 - 2:36 pm | #
The crumbling economy is gonna make Huggy Bear's TERRA! campaign resonate?
This doesn't look good at all. Is it possible that Mr. Bush is wrong about the strong economy?
Diane C. Barking-Mad
Unpossible!
However, the last time he said we had a strong economy the Dow Jones fell by more than 2000 points in a few months.
George Johnston |
Homepage |
03.08.08 - 2:37 pm | #
It means get the hell out of the way.
Don't try to catch a falling knife.
Pape Clement |
03.08.08 - 2:37 pm | #
Jesus. The sand the economy of the last few years was built on is really starting to turn to slurry.
sidhra صي ذ& |
03.08.08 - 2:37 pm | #
Are we at the point yet where Bush and MCain blame this on the democrats?
leibniz♘☮
At least Marion Jones had the stones to admit what she did and take her punishment, Mr. Clemens.
plantsman, silly |
Homepage |
03.08.08 - 2:37 pm | #
Are we at the point yet where Bush and MCain blame this on the democrats?
leibniz♘☮
They will leave that to the New York Times.
George Johnston |
Homepage |
03.08.08 - 2:37 pm | #
Hussein Obama on Wyoming:
"These cowboy crackers are clueless. I'm gonna national-park the whole f__king state.."
Lubyanka |
03.08.08 - 2:38 pm | #
Thornburg's going down? That hits locally - their CEO lives here, and is currently building a giga-footage mansion in town that only the contractors love.
Great, now we'll have a half- finished mansion rotting away on a hilltop.
NMRed |
03.08.08 - 2:38 pm | #
Your "WHEEEEEEEE" blogging is hurting this economy, Atrios!
Zap Rowsdower
yeah.
try and be more soothing in future.
dirk gently, sociopathetic |
Homepage |
03.08.08 - 2:38 pm | #
Jesus. The sand the economy of the last few years was built on is really starting to turn to slurry.
Thornburg is Toll Brother McMansions with good credit, good income, but not necessarily 20% down. Thornburg is a 750,000 dollar house now worth six hundred. Hey, evey if your bringing in 150k per year, the lack of morale hazard makes walking away look like good economic sense. This is where the subprime finger can no longer be pointed at the working poor.
Pape Clement |
03.08.08 - 2:39 pm | #
Great, now we'll have a half- finished mansion rotting away on a hilltop.
It'll be perfect for an OTC Zyrtec commercial!
plantsman, silly |
Homepage |
03.08.08 - 2:40 pm | #
Ack. And go Barnsley.
Jay C. |
03.08.08 - 2:40 pm | #
"These cowboy crackers are clueless. I'm gonna national-park the whole f__king state.."
Lubyanka
You're allowed to use the "F" word here. We're "Liberal", remember?
Elias, Anagram-archist. |
03.08.08 - 2:40 pm | #
Ack. And go Barnsley.
Jay C. | 03.08.08 - 2:40 pm | #
ah i'm guessing your following a FA cup match!
Moonbootica, Employed |
Homepage |
03.08.08 - 2:41 pm | #
Looneyyanker. A prisoner of his own nym.
sidhra صي ذ& |
03.08.08 - 2:41 pm | #
Ack. And go Barnsley.
What does that mean?
Zap Rowsdower |
Homepage |
03.08.08 - 2:41 pm | #
Maybe I missed the joke, but national park-ing wyoming sounds like a *good* idea to me! And I'd add many more states to that list...
whiskey-somethin' |
Homepage |
03.08.08 - 2:42 pm | #
"These cowboy crackers are clueless. I'm gonna national-park the whole f__king state.."
if you plan to visit, be prepared to show your papers
dirk gently, sociopathetic |
Homepage |
03.08.08 - 2:42 pm | #
If people in commercial businesses are worried about their prospects, can you spare a moment to commiserate with the human service types who are not only screwed out of their livelihoods, but also see the things they care about most personally being utterly destroyed?
ah i'm guessing your following a FA cup match!
Moonbootica
You'd be right! My roommate is a deranged Arsenal supporter (as is one of our neighbors), so I get my football through osmosis.
Jay C. |
03.08.08 - 2:42 pm | #
Barnsley are playing against Chelsea in the FA cup
FA stands for Football Association
Moonbootica, Employed |
Homepage |
03.08.08 - 2:42 pm | #
Ack. And go Barnsley.
What does that mean?
Isn't that what Neil Armstrong said? Along with "good luck..."?
NTodd, McGuffin Hitler |
Homepage |
03.08.08 - 2:42 pm | #
Great, now we'll have a half- finished mansion rotting away on a hilltop.
It'll be perfect for an OTC Zyrtec commercial!
Or a couple sitting in separate bath tubs waiting for the cialis to kick in so they can, um, sit in seprate bath tubs.
leibniz♘☮ |
03.08.08 - 2:43 pm | #
Looks like Pastor Hagee was right about the global economic meltdown.
Hillary Clinton had no direct role in bringing peace to Northern Ireland and is a "wee bit silly" for exaggerating the part she played, according to Lord Trimble of Lisnagarvey, the Nobel Peace Prize winner and former First Minister of the province.
WalterNeff, Thai master |
Homepage |
03.08.08 - 2:43 pm | #
Looks like Pastor Hagee was right about the global economic meltdown.
looks like goehring was right about the invasion of poland.
dirk gently, sociopathetic |
Homepage |
03.08.08 - 2:44 pm | #
Or a couple sitting in separate bath tubs waiting for the cialis to kick in so they can, um, sit in seprate bath tubs.
leibniz♘☮
Maybe she has to lay her eggs in one tub, then he fertilizes them by "snaking"" over the rim. Or something.
Jay C. |
03.08.08 - 2:44 pm | #
Barnsley is a town in South Yorkshire, England. It lies on the River Dearne, 11.8 miles (19 km) north of the city of Sheffield, and 14.5 miles (23 km) west of Doncaster. Barnsley is surrounded by several smaller settlements which together form the Metropolitan Borough of Barnsley, of which Barnsley is the largest settlement and administrative centre. Barnsley has a total population of over 72,000.
Today, Barnsley is commonly referred to as "The Tarn" by many of its residents. It is between junctions 36 and 37 of the M1 motorway and has a railway station served by the Hallam and Penistone Lines. Barnsley F.C. is the local Association Football club.
Heh...they're having an "indie classics" sale over at iTunes.
I guess I'm more of a hipster-doofus than I thought...I own a lot of the albums they've got there.
Zap Rowsdower |
Homepage |
03.08.08 - 2:45 pm | #
Their timing was off. The collapse happened a year too early.
Lumpenprolitariot |
03.08.08 - 2:45 pm | #
The Football Association Challenge Cup, commonly known as the FA Cup, is a knockout cup competition in English football, run by and named after The Football Association. The name "FA Cup" refers to the English men's tournament.
Moonbootica, Employed |
Homepage |
03.08.08 - 2:45 pm | #
Hillary Clinton had no direct role in bringing peace to Northern Ireland
But you should see her George Mitchell impersonation. You'd swear it was the man himself.
Looks like Obama is gonna win tiny-ass Wyoming primary (I'm pretty shure this is the first time I've ever written the word "Wyoming").
Stew |
03.08.08 - 2:45 pm | #
Barack Ken Starr Obama, in Casper WY:
"I am not now, nor have I ever been, a smooth-talking, ass-kissing pussy..."
Lubyanka |
03.08.08 - 2:46 pm | #
I've had dozens of really humourous conversations with Europeans wondering if Americans had sex with their clothes on - you know, because people are always semi-clothed in movies when pretending to have sex
mimi |
03.08.08 - 2:46 pm | #
As many other Federal Agencies have been, the National Parks have been on starvation diets for tears
plantsman, silly |
Homepage |
03.08.08 - 2:46 pm | #
"Their timing was off. The collapse happened a year too early."
It's a caucus. Dems are a tiny minority in Darth Cheney's Wyoming.
plantsman, silly |
Homepage |
03.08.08 - 2:48 pm | #
If I commit a crime in the future by going in on a sweetheart land deal with a crook, I'll just dismiss it later on by saying it was a "boneheaded" move.
This aw shucks shit is stupid.
The Big Media needs to bring BHO down to Hillary's level.
They owe her that much.
Toby Petzold |
Homepage |
03.08.08 - 2:48 pm | #
Thornburg declined 24% after hours, but before the JPM report - from 28 bucks to less than a $1.40 in less than one year!
They will be in bankruptcy court Monday morning, I'm sure.
Pape Clement |
03.08.08 - 2:48 pm | #
What the headlines shoud read is this:
US goes bankruptcy under the Bush administration.
All those unbid contracts combined with unconscious loans for US housing (get-rich schemes) along with credit card bamboozling mingled with lowered, distorted and unstable federal government prime loan rates.
You just watch, Bush and Cheney have this nation on the very verge of a financial collapse.
Anyday now, we’re going to see a major run on US banks. It will cost the US a lot, having ignoring all criminal shit Bush and Cheney were doing?
me-again |
03.08.08 - 2:49 pm | #
BEIRUT: Iraqi refugees in Lebanon are suffering from high levels of emotional and psychological distress, said a study released this week by the International Organization for Migration (IOM) aimed at assessing the mental health and psychosocial needs of Iraqi refugees in Lebanon and Jordan.
More than half of those interviewed disclosed distress factors including panic attacks, anger, tiredness, sleep problems and fears, said the assessment, which was carried out between November 2007 and January 2008 among 800 people in the two countries.
For the 34 percent of respondents in Lebanon who had experienced direct violent attacks - including witnessing assassinations of relatives and friends, torture, rape or kidnappings - psychological distress was overwhelming.
The list of factors aggravating the situation - particularly acute among Iraqis who have been displaced for two years or longer - includes the insecurity of their refugee life, a lack of employment and the de-professionalization of Iraqis whose qualifications are unrecognized, poor living conditions and access to health and social services, including education.
Domestic violence is on the rise among the refugee families, as men lose their traditional role as breadwinner with the breakdown of social structures, a sense of disorientation within the Iraqi communities in the two countries, and few opportunities to engage in social activities, all of which lead to physical expressions of anger and frustration.
Fifteen percent of the women interviewed in female-only focus groups reported an increase in violence in the family. "A well-raised Iraqi woman should tolerate everything in silence. My husband has no other way to get rid of his anger," one woman told researchers.
Blogger and haloscan had a systemic crunch for me the last 30-40 minutes or so.
mer |
03.08.08 - 2:49 pm | #
I've had dozens of really humourous conversations with Europeans
i find that difficult to believe.
dirk gently, sociopathetic |
Homepage |
03.08.08 - 2:49 pm | #
Imagine bringing anything to Toby's level. Cheeto dust is all there would be.
plantsman, silly |
Homepage |
03.08.08 - 2:50 pm | #
"crypto-economist and self-styled 'progressive' blogger Dunkin Atrios-Donut once again wets his always-bunched panties in glee as some of his fellow citizens lose their homes...
I don't find that Europeans lack a sense of humour.
Everybody's is different, but there isn't any lack
mimi |
03.08.08 - 2:51 pm | #
Who the hell ordered all this snow?? Huh?? Jr??? Was it you???
annie |
03.08.08 - 2:51 pm | #
I don't find that Europeans lack a sense of humour.
i didn't mean that.
dirk gently, sociopathetic |
Homepage |
03.08.08 - 2:52 pm | #
People who believe that the President has power over the American economy are the same kind of people who think that an unqualified Chicago machine politician is ready for the White House.
Just because he's "different" doesn't mean that we should make him President.
Toby Petzold |
Homepage |
03.08.08 - 2:52 pm | #
As much as I'd like to witness another meltdown, I should go do stuff.
If I commit a crime in the future by going in on a sweetheart land deal with a crook, I'll just dismiss it later on by saying it was a "boneheaded" move.
what if you commit a crime in the future by raping and torching a dog?
dirk gently, sociopathetic |
Homepage |
03.08.08 - 2:52 pm | #
Kos may need turkee.
Mr.Murder |
03.08.08 - 2:53 pm | #
Does this mean Tucker Carlson's father will have to sell his cane collection.
Liars for McCaca |
03.08.08 - 2:53 pm | #
sheets. or owls. or wolves. or something.
the cock crows at midnight.
dirk gently, sociopathetic |
Homepage |
03.08.08 - 2:54 pm | #
He had the power to spend trillions we don't have on a stupid war.
Everytime he talks the market tanks.
He has plenty of Bad influence.
plantsman, silly |
Homepage |
03.08.08 - 2:54 pm | #
I'm guessing that dirk doesn't doubt that Europeans have a sense of humo(u)r...
NTodd, McGuffin Hitler |
Homepage |
03.08.08 - 2:54 pm | #
Question: If I have a small bit of savings in CDs in my bank, will it be safe? Really not a lot, but enough to keep us going for a couple or three months if no other money came in during that period.
mer |
03.08.08 - 2:54 pm | #
Are they negotiable and liquid?
plantsman, silly |
Homepage |
03.08.08 - 2:55 pm | #
With interest rates as low as they are, if you have another secure place.....
plantsman, silly |
Homepage |
03.08.08 - 2:56 pm | #
what if you commit a crime in the future by raping and torching a dog?
Run for president, and get endorsed by Lubyanka, Toby, a few christian rock groups, Jonah and Rush Limbaugh?
leibniz♘☮ |
03.08.08 - 2:56 pm | #
Glenn Greenwald has a you tube up of Josh Bolton being interviewed by the BBC. The reporter's reactions to Bolton's responses are priceless. He is obviously horrified by Bolton.
qlª |
Homepage |
03.08.08 - 3:01 pm | #
People who believe that the President has power over the American economy
Dumbasses who thought FDR had a clue, you mean?
You're one of the abject fucksticks who thinks Reagan was god, right?
How hard does a human being have to try to stay this stupid?
V for Virginia |
03.08.08 - 3:02 pm | #
Atrios,
did you see Fitch Rating's downgrades of WaMu, B of A, citi, and Wells Fargo?
As the late Robert Shaw said in "Jaws," "A litte seekin', a little tenderizin', and DOWN YOU GO!
boilerman10 |
03.08.08 - 3:14 pm | #
hey, turns out the multiplier effect is bidirectional...who knew?
.
pluege |
03.08.08 - 3:17 pm | #
these fuckers can lie on the ground and shake as far as i'm concerned. i pulled what was left of my mutual funds out of merrill lynch back in '03.
the bush legacy: DEPRESSION.
type 4 |
03.08.08 - 3:19 pm | #
This is the end of the beginning and the beginning of middle of the financial/economic crisis. Cascading failures always result from credit and leverage-fueled speculative booms. Once this deleveraging completes we will be at the beginning of the end, which is the long slog back to a growth economy.
jingle mail |
03.08.08 - 3:19 pm | #
Marion Jones goes to jail today? Let's see, Martha Stewart goes to jail,Lil Kim goes to jail, Marion Jones goes to jail. Male, friends of the administration, I am going to bet on no jail time.
Pea |
03.08.08 - 4:47 pm | #
Yikes! I hope this JP Morgan thing should be taken with a grain of salt or something.
JimS |
03.08.08 - 7:08 pm | #