Our financial system is crumbling this week.

[Joe Shlabotnik]

Our GDP is now officially over where it was when the Great Recession began. All that wealth created will surely start trickling down to the great masses of unemployed and underemployed/uninsured any minute now! Laissez les bons temps rouler!

[/youtube]

[longhornbaseball]

Great chart from Krugman:

[cpebbles]

Nobody is really leaping to the defense of Berlusconi or Papandreou, but the left seems a little ill at ease about the fact that they were effectively forced out of office by the financial sector and foreign governments. Here's the question I've spent the last week or so pondering: What tangible benefits do these nations really reap from going to the Euro? The argument of everyone who stands up for the Euro seems to be that it has kept them from killing one another, but the only people I see getting a tangible benefit are speculators who can make more money off of sovereign debt as it becomes a more volatile commodity.

[longhornbaseball]

This belongs in the WTF thread. Time for all of our politicians to go.

[/youtube]

[TimeForGuinness]

This belongs in the WTF thread. Time for all of our politicians to go.

[/youtube]

I've been on the outcumbant bandwagon for awhile now.

[TimeForGuinness]

Nobody is really leaping to the defense of Berlusconi or Papandreou, but the left seems a little ill at ease about the fact that they were effectively forced out of office by the financial sector and foreign governments. Here's the question I've spent the last week or so pondering: What tangible benefits do these nations really reap from going to the Euro? The argument of everyone who stands up for the Euro seems to be that it has kept them from killing one another, but the only people I see getting a tangible benefit are speculators who can make more money off of sovereign debt as it becomes a more volatile commodity.

I think you just answered your question. Money...and bunga bunga parties.

[Hungary Jack]

This belongs in the WTF thread. Time for all of our politicians to go.

[/youtube]

Pelosi makes my skin crawl.

[lukethedrifter]

This belongs in the WTF thread. Time for all of our politicians to go.

[/youtube]

Pelosi makes my skin crawl.

She's certainly complicit in this BS but why do you pick her out?

[slide_into_first]

3:58 PM Bridging the gap between the Solyndra fiasco and Congressional insider trading, Sen. Dianne Feinstein and her husband invested $1M into Amyris Biotechnologies (AMRS) - a "green" energy company - in 2009, shortly before the firm received a $24M grant from the DOE. The company went public a year later, and it's unknown how much the Feinsteins profited. [Energy] 3 Comments

http://seekingalpha.com/currents/all

[planet planet]

So yeah, about that super committee...