Open Thread Wednesday

Thanks Ben Bernanke for turning the US Dollar into “Clown Bucks”. I rather go to Chuckie Cheese and use their bucks!

Dollar Falls Most Against Euro Since 1999 Debut After Fed Cut

http://www.bloomberg.com/apps/news?pid=20601087&sid=a.se8gJrUrd8&refer=home

Dec. 17 (Bloomberg) — The dollar declined the most against the euro since the 15-nation currency’s 1999 debut and sank to a 13-year low versus the yen after the Federal Reserve cut its target lending rate to as low as zero.

There is no good news on this action!

And…

SEC chairman says agency failed to probe Madoff

WASHINGTON (AP) — In a stunning rebuke, the Securities and Exchange Commission chairman blames his career regulators for a decade-long failure to investigate Wall Street money manager Bernard L. Madoff, now accused of running one of the largest Ponzi schemes ever.

On Tuesday night, SEC Chairman Christopher Cox ordered an internal investigation of what went wrong and offered a scathing critique of the conduct of his staff attorneys. He said they never bothered to seek a formal commission-approved investigation that would have forced Madoff to surrender vital information under subpoena. Instead, the staff relied on information voluntarily produced by Madoff and his firm.

Credible and specific allegations regarding Madoff’s financial wrongdoing going back to at least 1999 were repeatedly brought to the attention of SEC staff, said Cox.

You gotta love this crap! Remember I wrote yesterday that this part of the Click Clak Crew that Hijacked America! There are people coming out the woodworks now saying that Madoff did them with no grease…

2009 is going to a disaster..

The What

Someday this war is gonna end..

“Watch out BRG. I was up pretty early in the morning and I’ll be gunnin’ for ya today.”

Watch out DIBS, I’ve slept 9 hours in the past 2 days looks like I’ll be gunnin’ for me today, also. 🙂

Beyond good Snark. Although I think “Brownstonian Rhapsody” is catchier.

Brilliant, Snark!

we are having a pizza party today at work. woo woo!

*rob*