Cheap Blogging Crutch 9.22

George W. Bush's Overall Job Approval Matches ARG Low
George Bush's approval rating is 19%, which seems a tad high. The percentage of people who think the economy is going well is 18%. Do you think these people are completely deluded on two counts or just their deluded about Bush and that clouds all the other shit? If you see one in the wild, tag and document him, we need to keep tabs on their migration and breeding patterns. They are endangered.

Dodd bill more aggressive than Treasury plan
Big Daddy Dodd slapped down his alternative bailout plan. Instead of no oversight it has an oversight board with governmental and non-governmental members. Independent investigator general. Instead of just buying bad debt we get equity stakes in the companies. Limits on executive compensation. Plus more, it's 44 pages. Read it. Barney Frank also has a similar plan that involves similar CEO fucking but with more extensive homeowner refinancing and foreclosure mitigation. These are probably going to be the House and Senate versions of the bailout, to be later hashed out in committee.

Bush Backs Unlimited Compensation For Disgraced CEOs: Now Is Not The Time For ‘Punitive Measures’
Bushie is out in force defending the right of halfwit CEO's who wreck their companies and get bailed out by the government to still get a big fat golden parachute and yearly bonus. He calls it "punitive measures" and whines it will be a "disincentive for firms to participate." It's nice to know that even to his last dying, irrelevant, childish, colossal fuck-up, last breath he's still defending the mega-rich. I'm glad you want to die defending this hill, George. I don't have to pretend you learned one damn thing over 8 years.

Stocks Fall on Objections to Rescue Plan
The Dow Jones closed down 372 points. $25 rise in the price of oil. Since oil is performing so well I think there's only one solution for Wall Street: oil backed securities! Smell the money. Oil will always increase in price, just like the housing market. Cha-ching. Economic crisis over.