Government Motors shenanigans

It's easy to make money in business when you've got the full weight of the U.S. government putting its thumb on the scale for you.

Government Motors dealers pocketing $7500 credits for Chevy Volts.

And Government Motors' ugly stepsister Chrysler is getting the government reacharound too.

Crony capitalism at its finest. Or, if you prefer, fascism.

Hey Look, It's Another Sleazy Banker Forcing Himself on a Hotel Maid

And yes, it was in New York. What is wrong with these idiots?

Memorial Day

Let's honor our fallen heroes by not lightly creating any more.



End the occupations in Iraq and Afghanistan. End Obama's illegal war of aggression on Libya. And let's bring the troops home from South Korea and Germany too.

Maybe he's not as selfish as we thought

HT: TLP

Wood shampoo, Spanish style

That's champú de madera.

Courtesy ZeroHedge:



More beatings here.

You'll take your austerity and like it, pawns. The French and German banks must be paid.

Greenspan's Body Count: Alfredo Pimienta, Georgina Pimienta, Priscilla Pimienta, and Emily Pimienta

Photo credit: Jr. Deputy Accountant

It's not just the speculators and homedebtors who are victims of Greenspan's easy money. Even those wise enough to sit out the bubble and rent can be caught in the economic devastation after the collapse.

Today's story comes from San Diego, where a man and wife killed their two daughters before killing themselves.

The couple was facing financial difficulties, [police Capt. Jim] Collins said, but he would not elaborate on what those were.

[...]

Prudencio De Los Reyes, a neighbor on the other side of the Pimientas, said he didn’t suspect anything was wrong with the family. But, he and his wife, Rosario, said they believed Alfredo Pimienta “looked worried,” last week, the way he paced up and down the street and didn’t engage in small talk like he usually did.

What a tragedy. The elder girl was about to graduate from San Diego's renowned charter school High Tech High and go on to study at Cal State Sonoma.

Alan Greenspan, this family's blood is on your hands.

Greenspan's Body Count stands at 169.

Fed Propaganda Gets a Modern Day Gonzo Update

Because I'm such a humanitarian, I decided to take Philadelphia Fed's advice to WaPo economics reporter Neil Irwin - who requested the Fed update their 1920's era posters for modern day - and did a little tweaking of the text.

He wanted an explanation of QE, he got it:

I also did another but I warn you, it's graphic (no pun intended). As is the very real assault on our economic well-being we're suffering as we speak at the hands of the Fed. But you already know that.

You can see the original posters via the NY Fed's Liberty Street Economics blog.

Enjoy!