Financial Times reports that the Feds are ready to bail out the big banks: Large US investment banks will be able to access emergency cash from the Federal Reserve into next year if market turmoil persists, Ben Bernanke said on Tuesday in a sign of the growing concern among policymakers that financial strains could continue for some time. The signal from Mr Bernanke is likely to soothe Wall Street, in that it confirms Fed support for investment banks through...

Read more »

John McCain should give up the Iran jokes. Permanently. Responding to a question about a survey that shows increased exports to Iran, mainly from cigarettes, McCain said, “Maybe thats a way of killing them.” He quickly caught himself, saying “I meant that as a joke” as his wife, Cindy, poked him in the back. Last time, it was also Iran. His singing about bombing Iran to the theme of the Beach Boy’ “Barbara Ann” drew derision from many quarters...

Read more »

I admit it. I was playing a bit of hooky, yesterday, and I was too busy (having fun) to put up a post. But, I kinda like you guys, so I decided that it would be kinda fun to put up today’s Ten Post Round-Up. Gasp! Shocking news: The government and the media lie to the people…again! 1. Alternate Brain: Lies, kidnapping and a mysterious laptop I don’t pretend to understand the dynamics of inter- and intra-national South American...

Read more »