October 2, 2008

Senate Bailout Bill Stuffed With Pork

American congressmen are absolutely shameless. We know they stuff bills full of add-ons all of the time, but as the extra pork doesn’t usually get media attention, you have to be a real wonk to dig it out. Last night, the senate passed the 451 page bailout bill, H.R. 1424, that’s supposed to [...]

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September 30, 2008

Nancy Pelosi Is A Giant Idiot Windbag

Full disclosure, my children…this ain’t Snarkista’s first Wall Street Rodeo. No, she got to live Black Monday: October 19th, 1987 up close and personal as a rookie portfolio manager. And she’s lived through everything that’s happened in the markets since. At the time of Black Monday, many “investors” were actually “gamblers”. [...]

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