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Sunday, September 28, 2008

Linearthinker is Welcomed to The EB Board of Directors

Veronica will show you around.


  1. Ahhh.

    Veronica, my dear, shall we start down in the Rathskellar?

  2. Did sumbody say the new guy is buyin?

    I don't guess that's the new "waitres," huh? nah, din't think so.

    Well, I guess this damned bailout's a self-fulfilling prophecy, eh? What a deal.

    I'll tell you why I'm not as concerned as some. The "story," to me, is in the treasury rates. Two year, and out, are acting normal. Only the very short Bills are showing a lot of concern. The Richest, and sharpest traders in the world are figuring this as a one, to three month mess.

    I gotta go with them.

  3. Actually, I have always had the suspicion that Trish may be even hotter than Veronica.

  4. We cultivate a real sense of sharing here, drinks, ideas, animosities, other things....

  5. Did sumbody say the new guy is buyin?

    Just don't grab my elbows while I'm passin' the booze back from the bar. That's been done before, and it don't serve anybodies' needs. Last time it happened a bunch of us boys wound up the next morning in front of the battalion commander. Brown manila envelopes all around.

  6. Salute!

    Har! W finally got to posting that subprime comedy skit.

  7. Thought For The Day

    "If ye love wealth better than liberty, the tranquility of servitude than the animating contest of freedom—go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that ye were our countrymen!" - Samuel Adams


  8. Help, Bob!

    I'm laffin' on the floor, and can't reach my beer.


  9. MOSCOW — A Russian warship on Friday rushed to intercept a Ukrainian vessel carrying 33 battle tanks and ammunition that was seized by pirates off the Horn of Africa — a bold hijacking that heightened fears about the surging piracy and high-seas terrorism.

    U.S. naval ships were in the area and "monitoring the situation," and a U.S. Defense Department official said Washington was concerned about the attack.

    "I think we're looking at the full range of options here," Pentagon spokesman Bryan Whitman said.

    It was unclear whether the pirates who seized the Faina Thursday knew ahead of time it was carrying 33 Russian-designed T-72 tanks, plus ammunition and spare parts, bound for Kenya. Analysts said it would be extremely difficult to sell such weaponry as Russian tanks.

    Kenyan maritime welfare activist Andrew Mwangura told The Associated Press that the hijacking of such cargo was unprecedented.

    "This is a jackpot in the piracy world," he told AP.

  10. Dude, congratulations!

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  11. U.S. Navy: Pirates Not Our Problem (Updated)
    By Noah Shachtman
    September 26, 2008

    The U.S. Navy says its mission today is to keep sea lanes open to commerce. Then pirates seize dozens of ships off the Horn of Africa -- including ones allegedly loaded with tanks. And the Navy responds by essentially throwing its hands in the air.
    "The coalition does not have the resources to provide 24-hour protection for the vast number of merchant vessels in the region," Combined Maritime Forces commander, U.S. vice admiral Bill Gortney tells Reuters. "The shipping companies must take measures to defend their vessels and their crews."

    Good work for Blackwater.

  12. Wobbly,

    Ms Veronica is, ummm,


    ...holding all my cash for the time being.

    Strictly as a favor...safer than FDIC deposits and all.


  13. One Too Many

    An Irishman has been drinking at a pub all night. The bartender finally says that the bar is closing.
    So the Irishman stands up to leave and falls flat on his face. He tries to stand one more time, same result. He figures he’ll crawl outside and get some fresh air and maybe that will sober him up.

    Once outside he stands up and falls flat on his face. So he decides to crawl the four blocks to his home and when he arrives at the door he stands up and falls flat on his face. He crawls through the door into his bedroom. When he reaches his bed he tries one more time to stand up. This time he manages to pull himself upright but he quickly falls right into bed and is sound asleep as soon as his head hits the pillow.

    He awakens the next morning to his wife standing over him shouting at him.

    ‘’So, you’ve been out drinking again!!'’

    ‘’What makes you say that?'’ he asks, as he puts on an innocent face.

    ‘’The pub called…you left your wheelchair there again.'’

  14. ...U.S. naval ships were in the area and "monitoring the situation," and a U.S. Defense Department official said Washington was concerned about the attack.

    DoD is outsourcing official spokespersons from the DoS?

  15. Analysts said it would be extremely difficult to sell such weaponry as Russian tanks.

    Tempting to ask if those were CIA analysts.

  16. They've Reached a Deal on Bailout [Mark Hemingway]

    The Politico:

    House and Senate negotiators have reached tentative agreement on a financial rescue plan after a marathon Capitol negotiating session that started Saturday afternoon and stretched into early Sunday morning.

    House Speaker Nancy Pelosi (D-Calif.) and Sen. Majority Leader Harry Reid (D-Nev.) said their “breakthrough” still had to be “committed to paper,” a process that was expected to continue through the night.

    “We have something verbal,” said Rep. Rahm Emanuel (D-Ill.).

    Republican Whip Roy Blunt, the chief negotiator for House Republicans, said he was “looking forward to what we’re going to see on paper” and was optimistic that it would be something House Republicans could support.

    Said Treasury Secretary Henry Paulson: “We’ve been working very hard on this and we’ve made great progress toward a deal which will work and will be effective in the marketplace and effective for all Americans . . . .We’ve still got a lot to do to finalize it, but I think we’re there.”

    The plan would likely give Paulson a relatively free hand accessing the first $350 billion of the $700 billion he sought. It was not clear when the remaining $350 billion would become available, but Treasury apparently agreed that a future Congress could block its release though a joint resolution signed by the president.

    The agreement would also include much greater oversight than the Bush administration had initially proposed; an opportunity for the government to take an equity share in the companies it helps, either through warrants or options to buy stock; and a provision limiting the compensation paid to executives of those companies.

    To help win the support of House Republicans, the agreement also would likely include an option under which Paulson and future Treasury secretaries could choose to sell companies government-backed insurance to cover securities – thereby improving their value – rather than buy the assets as initially proposed.

    A vote in the House could come as early as Monday seemed, Emanuel said.

    09/28 01:05 AM

    via NRO The Corner.

    ACORN is out of the deal.

    Would y'all accept something "verbal" from Rahm Emmanuel?

  17. LinearThinker:
    Welcome aboard! Congratulations on your appointment.

    Nice to have you drop in. What brings you to our side of the world? How are things is Singapore? Keep us posted on the algae research.

    The takeaway from the FannieMae Hearings video should be obvious. Now, when you hear Nancy Pelosi and Harry Reid claim that the Dems had nothing to do with the financial meltdown, you know they're lying.

  18. The supposedly handsome Messiah would look even more like a Dorky Dumbo next to Hamilton.

  19. I want to be awarded the Cluster F*** medal. A Board that can work together in harmony is bound to get a lot done.

  20. I wish I could watch the race, but I'm supposed to be studying economics!

    Everybody's going quite gaga over F1, but strangely, I'm not. I don't find watching vehicles go zooming laps around fun. I like playing racing games at the arcade tho. Go figure.

    For TV, give me something visceral, like american football, rugby, or soccer. Where things go crunch!


  21. Welcome LinearThinker.

    How did you steal my photo....

    I remember many an evening with a flashlight reading Mad Magazine way back in the late 60 and early 70's

    I demand all that sit on the EB board allow some form of Alcoholic beverage to pass over their lips (no matter how small)...

    Personally after watching the news for the last few day, I need something very tall....

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