Friday, December 12, 2008

RAD Weekend Links (12/12-14/2008)

December 12, 2008
RAD Weekend Links  (12/12-14/2008)
INTERNET -- 5 links....5 laughs.
If your brother throws a shoe at the President of the United States, you pretend you don't know him.  What you don't do is embrace the action, then call the most powerful man on earth a tyrant.  If this guy wants a tyrant, let him have Saddam back.  This guy would have been missing before he finished his sentiments if the Scud were still around.
Nancy Pelosi is ready to put pressure on Henry Paulson to use bailout funds in helping struggling homeowner's.  The question arises: why help delinquent mortgagees?  It would just be rewarding ignorance.  How come this same question never cropped up when mulling over the $50B for AIG?  Because it isn't ignorance when you willfully screw with peoples' money.
When you become a millionaire for carrying another man's golf bag around, you become thankful for your good fortune.  After all, you are making money doing menial labor, whereas auto workers are struggling just to get a piece of the bailout money.  Ingrate Steve Williams, Tiger Woods' caddie, threw down the gauntlet with Phil Mickelson, saying "I wouldn't call Mickelson a great player, 'cause I hate the [expletive]."  That is just classy, classy like a celebrity blog.
We here at the Radish like to reiterate the fact that Wall Street is dominated by speculation in a quasi-Ponzi Scheme.  Investments are not based on actual return but on what kind of a premium you can fool someone into paying for something that actually won't return anything on the investment unless it is likewise flipped under false pretenses.  Watch Boiler Room, laugh, say it isn't that bad, and then realize it is much, much worse.  Bernard Madoff, the former NASDAQ chairman, has scammed both rich and poor alike out of billions based on a flawed system he learned from the inside.
Todd Palin, husband of Alaskan Governor Sarah Palin, through a molotov cocktail through their church's windows in order to light the fire to Palin's upcoming presidential bid.  Okay, so that isn't known yet but it will come out soon enough.  One churchgoer went so far as to say that the attack was uplifting?  What?  In a, "I'm going to collect crazy insurance on this building" kind of way?  By the way, it was a 2-year-old building, so it wasn't that holy to begin with.
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