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Happy Weekend!! ...

This is a fun chart to look at - thanks to http://dshort.com. Assuming this market meltdown proves to be a reasonable fascimilie of the big, bad one, as I believe it will, we have a long way down yet to go.

We are so overdue for a decent-sized short-term relief rally, I think we may get one as soon as next week, but I bet when all is said and done we get much closer to that down 89% total.

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Deadman's picture

MOFT: Episode 9 (Blue Diamond 'BOLD' Almonds)

It was a tough battle for the My One Favorite Thing award this week, with some noteworthy candidates. Certainly, jilted bachelorette Melissa Rycroft, who was forced to undergo a breakup on national TV a  mere six weeks after being proposed to on national TV (live by the reality show sword, die by the sword, I guess) was a top runner-up.

Deadman's picture

Could an economic depression make us less depressed?

The world is too much with us; late and soon,
Getting and spending, we lay waste our powers:
Little we see in Nature that is ours;
We have given our hearts away, a sordid boon!

I don't know many very happy people. I know people who are content enough, I suppose. I know plenty of people who do a decent job at hiding their discontent. (As for myself, I'm probably somewhere in between those two categories, leaning toward the former).

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The dagbuzz for 3/3/09: (Fallon's Poor Debut and The Bachelor's Stunning End)

If you've been following my blogging at all, you know how little shame I have. In today's dagbuzz, I take the shamelessness to a whole new level by admitting I got emotionally involved with this past season of The Bachelor, which ended last night in spectacular fashion. It is so very very wrong that I think I may have gotten myself more worked up over what Jason did to Melissa last night than anything AIG, Madoff, Thain or Rush have done during the past year.

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The dagbuzz for 3/2/09: (Abuse, Co-Dependency and Fear of Change)

Today, I discuss codependent, abusive relationships, and our general resistance to change. Deadman understands the deal. He, too, just wants to relive the good old days and focus on things that will always stay the same, like the Middle East conflict.

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Deadman's picture

The dagbuzz for 3/1/09: (Obama's War on the Wealthy)

Been away all week on business, listening to my colleagues and the talking heads on CNBC bitch and moan about Obama's budget and economic policies. They believe he's declaring war on the wealthy and is going to destroy the economy with his increased tax hikes.

Are you fucking kidding me?!?

Oh yeah, I feel a rant coming on ...

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Deadman's picture

Brother, can you spare some wisdom?

I have come to believe that the whole world is an enigma, a harmless enigma that is made terrible by our own mad attempt to interpret it as though it had an underlying truth. - Umberto Eco

Where the fuck is my wisdom?

Seriously, wisdom was supposed to part of the deal, the salve that soothes amidst aging's unceasing, unending parade of insults and torments. I am now well into my 36th year - my hair is thinning, my back is creaking, my sex drive is waning.

Wisdom should be accumulating, dammit.

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Deadman's picture

Nationalize Now

I am going to try and keep this as short as possible because I'm off on a biz trip tomorrow (expect a lot less blog activity from me for about a week) and have things I need to get done before then.

But I just had to comment on the statement released jointly this afternoon by the Treasury, the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), the Office of Thrift Supervision (OTS), and the Fed.

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The dagbuzz for 2/22/09: (Slumdog, the Oscars and a Happy Ending I Can Live With)

I usually hate happy endings in movies. They may be fine for movies like Rudy, but for many films, happy endings often ring false and feel like cheap cop-outs. Yet for reasons I explain in the video below, I actually enjoyed the ultra-gooey finale of Slumdog Millionaire.

Perhaps because America's economic story and outlook has become almost as depressing as the childhood of Slumdog protaganist Jamal Malik, it's somehow fitting that we allow ourselves to be gloriously deluded by inspiring, well-earned Hollywood ending bullshit.

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Michael Phelps may have been on(to) something ...

I can't stop stewing over the fact that the South Carolina sheriff decided to investigate Michael Phelps' notorious bong hit, with an eye toward possible prosecution.

I know, I know, the sheriff dropped the investigation earlier this week after deciding there wasn't enough evidence to convict Phelps, who wisely did not admit to smoking the funny weed but merely apologized for using 'bad judgment.'

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