Archive for January, 2011

Hosta La Vista, Hosni!

Monday, January 31st, 2011

“To the great people of Egypt, your armed forces, acknowledging the legitimate rights of the people… have not and will not use force against the Egyptian people.”

Gorilla says: “And it’s goodbye from him!”

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Afghanistan Learns From The West

Monday, January 31st, 2011

How to set up a fraudulent, corrupt banking system!

Nearly a billion dollars on the line, relatively peanuts money in comparison to the hundreds of billions we’ve wasted their already, but not exactly a shining example of nation building in a country that still isn’t really a nation.

Gorilla says: “Next up: a hedge fund for opium!”

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Extend And Pretend Goes Long

Monday, January 31st, 2011

Changing the payback period for Greece and Ireland from 3 to 30 years: the newest gambit on offer from the Germans!

It’s all about bailing out German banks, and avoiding the far larger nightmare of contagion spreading to Spain…

And it won’t work, because the price Club Med will pay for all this crippling debt is years of grinding deflation and high unemployment. Ultimately, it would be far better for Greece and the others who are in trouble to default, leave the eurozone, and devalue. But that won’t save the Germans, French, and Dutch, or their bankers, so extend and pretend goes on.

Gorilla says: “It’s not a Hail Mary, but it is a pass!!!”

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Shorter Tom Friedman

Sunday, January 30th, 2011

“If only we Americans were governed by Harvard educated Chinese authoritarians, our future would be bright!”

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Krugman Does The Math

Friday, January 28th, 2011

So Gorilla doesn’t have to!

At current GDP growth rate: full employment returns in 7 more years!!!

Gorilla says: “The new normal is the old unacceptable!”

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Arizona: Still As Racist As Ever

Friday, January 28th, 2011

This time, it’s a proposal to eliminate birthright citizenship!

And who’s backing this latest unconstitutional foray? As usual, the local racist Know Nothing Party!

Gorilla says: “Which brave legislator will introduce a bill to give Arizona back to the Indians and get these white immigrant racists the hell out of Tombstone?”

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Slowly Growing Slow

Friday, January 28th, 2011

3.2% GDP increase last quarter…

This growth isn’t sufficient to do anything about unemployment, and is woefully beneath growth rates following previous recessions.

Gorilla says: “A modest recovery that still needs help and won’t get it!”

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L’Etat Cest Stupide

Friday, January 28th, 2011

France’s highest court says Non to gay marriage!

Not altogether surprising, given the country’s historical embrace of Catholicism, but just as backward and discriminatory as the murder of a gay activist in Kenya.

Gorilla says: “Egalite under the law appears to be a joke in gay Paree!”

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I Meant Nothing, I Lead To Nothing

Thursday, January 27th, 2011

Defense Secretary Gates discovers a brand new world!

A world wherein losing 2 wars and pretending to be strategically reflective is called out…

Gorilla says: “When our country’s divisions are expressed in a pentagonal middle class jobs program, nobody cares to do their business!”

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Egypt Is Not…

Thursday, January 27th, 2011

Very important, we’ve moved on from ’78, let the Mubaraks fall where they may…

What would be significant are demos in Saudi Arabia and Iran, and blown up oil fields, these might make us think things have really changed!

Gorilla says: “Through the looking glass, once again, without oil, the Middle East is more or less Africa!”

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