stop it, you guys, seriously
Feb. 22nd, 2009 09:57 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
solarbirdComments that feed from and back to these sorts of stories below are the kinds of things that have been bothering me:
* Fox News wargames the coming American civil war. Even Little Green Footballs looks a bit askance at Fox's Glenn Beck: "Is it irresponsible for Fox News to be airing this over the top, creepy alarmist stuff during a financial crisis? Well, yeah, I think so."
* Alan Keyes: "Obama is a radical communist, and I think it's becoming clear... and now everybody realises it's true. He's going to destroy this country. We're either going to stop him, or the United States of America is going to cease to exist... the man is an abomination" - video here. There's more, of course.
I've been hearing ugly things out of Europe, too. Scary levels of anti-immigrant and even old-school Roma h8. SETTLE DOWN, PEOPLE.
BTW, reports say the Feds are going to buy up to 40% of Citibank common stock. (More here.) Expect volatility tomorrow, certainly upwards - at least, at first - unless this gets denied early and hard. (Futures are higher across the board.) Dollar's down a bit on the news, tho' not enough to care - I think some of that was a spooky set of bad prints on March dollar-index futures showing people offering contracts at 81. (But they were bad prints, not real. Relax.)
eta: Mish is Not Pleased about the reported Citigroup plans, saying, "Geithner is attempting to bail out his banking buddies, no more, no less, and he does not give a damn what it costs taxpayers to do so... Citigroup is struggling to remain independent even as it knows full well, that without still more government intervention, it is worthless. In fact, Citigroup is less than worthless because without more taxpayer cash infusions it cannot survive."
* Fox News wargames the coming American civil war. Even Little Green Footballs looks a bit askance at Fox's Glenn Beck: "Is it irresponsible for Fox News to be airing this over the top, creepy alarmist stuff during a financial crisis? Well, yeah, I think so."
* Alan Keyes: "Obama is a radical communist, and I think it's becoming clear... and now everybody realises it's true. He's going to destroy this country. We're either going to stop him, or the United States of America is going to cease to exist... the man is an abomination" - video here. There's more, of course.
I've been hearing ugly things out of Europe, too. Scary levels of anti-immigrant and even old-school Roma h8. SETTLE DOWN, PEOPLE.
BTW, reports say the Feds are going to buy up to 40% of Citibank common stock. (More here.) Expect volatility tomorrow, certainly upwards - at least, at first - unless this gets denied early and hard. (Futures are higher across the board.) Dollar's down a bit on the news, tho' not enough to care - I think some of that was a spooky set of bad prints on March dollar-index futures showing people offering contracts at 81. (But they were bad prints, not real. Relax.)
eta: Mish is Not Pleased about the reported Citigroup plans, saying, "Geithner is attempting to bail out his banking buddies, no more, no less, and he does not give a damn what it costs taxpayers to do so... Citigroup is struggling to remain independent even as it knows full well, that without still more government intervention, it is worthless. In fact, Citigroup is less than worthless because without more taxpayer cash infusions it cannot survive."
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no subject
Date: 2009-02-26 02:20 am (UTC)