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April 18, 2009
6 Comments leave one →
  1. Stemella permalink*
    April 18, 2009 10:52 am

    Speaking of outrageous over the top tap dancing fools from New York in full far out freakish regalia :>D

    Check out this freaking fools brigade: Bank Regulators Clash Over U.S. Stress-Tests Endgame

    The U.S. Treasury and financial regulators are clashing with each other over how to disclose results from the stress tests of 19 U.S. banks, with some officials concerned at potential damage to weaker institutions.

    With a May 4 deadline approaching, there is no set plan for how much information to release, how to categorize the results or who should make the announcements, people familiar with the matter said. While the Office of the Comptroller of the Currency and other regulators want few details about the assessments to be publicized, the Treasury is pushing for broader disclosure.

    The disarray highlights what threatens to be a lose-lose situation for Treasury Secretary Timothy Geithner: If all the banks pass, the tests’ credibility will be questioned, and if some banks get failing grades and are forced to accept more government capital and oversight, they may be punished by investors and customers.

    Oh Timmeh, Timmeh. I just love it when the Treasury is in full disarray in the middle of a fucking economic crisis, don’t you? Good Gawd, Obama. Fire this retarded spockish elf thing and hire someone competant who isn’t in bed with the same goddamned Wall Street jack asses who are swindling us!?!?!?!?

    • triv33 permalink
      April 18, 2009 12:45 pm

      Seems like that “retarded spockish elf thing” (love that phrase BTW) has yet to meet a lose-lose situation he can’t turn to some undeserving shitheads’ advantage yet. Here’s hoping this will be the one…

  2. cometman permalink*
    April 20, 2009 12:44 pm

    Our universe keeps getting stranger by the day. It is mind boggling to see what new technology is able to detect.

    First astronomers have discovered a brown dwarf, a sort of proto-star that couldn’t turn on the ignition. It’s not too much hotter than your kitchen stove and is orbiting a star a long way away:

    An international team, led by astronomers at the University of Hertfordshire in the UK, have discovered one of the coolest sub-stellar bodies ever found outside our own solar system, orbiting the red dwarf star Wolf 940, some 40 light years from Earth. Dr Ben Burningham of the University of Hertfordshire will present this discovery on Monday 20th April at the European Week of Astronomy and Space Science conference.

    “Although it has a temperature of 300 degrees Celsius, almost hot enough to melt lead, temperature is relative when you study this sort of thing, and this object is cool by stellar standards. In fact this is the first time we’ve been able to study an object as cool as this in such detail”, says Dr Burningham, “the fact that it is orbiting a star makes it extra special”.

    The object is thought to have formed like a star, but has ended up looking more like Jupiter. It is roughly the same size, despite being between 20 and 30 times as heavy, and when the infrared spectral “fingerprints” of the two objects are compared, their resemblance is striking.


    Too small to be stars, so-called “brown dwarfs” have masses lower than stars but larger than gas giant planets like Jupiter. Due to their low temperature these objects are very faint in visible light, and are detected by their glow at infrared wavelengths.

    And second, astronomers have determined that white dwarf stars are surrounded by cold matter like small planets and asteroids.

    Using NASA’s Spitzer Space Telescope, an international team of astronomers have found that at least 1 in 100 white dwarf stars show evidence of orbiting asteroids and rocky planets, suggesting these objects once hosted solar systems similar to our own.

    Team member Dr Jay Farihi of the University of Leicester will present this discovery on April 20th at the European Week of Astronomy and Space Science conference at the University of Hertfordshire.

    White dwarf stars are the compact, hot remnants left behind when stars like our Sun reach the end of their lives. Their atmospheres should consist entirely of hydrogen and helium but are sometimes found to be contaminated with heavier elements like calcium and magnesium. The new observations suggest that these Earth-sized stars are often polluted by a gradual rain of closely orbiting dust that emits infrared radiation picked up by Spitzer.

    The data suggest that at least 1% to 3% of white dwarf stars are contaminated in this way and that the dust originates from rocky bodies like asteroids (also known as minor planets). In our Solar System, minor planets are the left over building blocks of the rocky terrestrial planets like the Earth. The Spitzer results imply that asteroids are found in orbit around a large number of white dwarfs, perhaps as many as 5 million in our own Milky Way Galaxy.

    • Stemella permalink*
      April 20, 2009 2:16 pm

      Brown dwarf, a proto star that couldn’t get it together. That sounds an awful lot like the old Dumbo Octopus on the side there – A cephalopod that could quite get those tentacles out there ;)

  3. Stemella permalink*
    April 20, 2009 4:03 pm

    In his best Nixonian “I’m not a crook!” moment, Alan Stanford proclaimed: “I’m not a damn swindler”

    “The SEC far overreached and basically ruined a multibillion company,” Stanford said today in the interview in the office of his criminal-defense lawyer, Dick DeGuerin. “Everybody got paid and everybody got made whole until the SEC came in and shut everything down.”

    Meanwhile, the piece of shit still runs around free on his Fantasy Island and in his giant Houstonian pink McMansion. What do you bet he goes over to Georgie’s in Dallass and helps him flip burgers.

  4. cometman permalink*
    April 20, 2009 9:49 pm

    This really takes the cake. So Obama isn’t going to prosecute those who tortured, he isn’t going to prosecute those who planned and ordered the torture, and now he goes to the CIA to boost morale:

    Days after releasing top-secret memos that detailed the CIA’s use of simulated drowning while interrogating terror suspects, President Barack Obama went to the spy agency’s Virginia headquarters on Monday to defend his decision and bolster the morale of its employees.


    Obama said Monday that a court case was going to force the memos to be released and that much of what they contained had already been compromised through leaks to news media.

    The president urged the hundreds of CIA employees who gathered in a secure auditorium to ignore the recent controversy. “Don’t be discouraged by what’s happened the last few weeks,” he said.

    A round of cheers erupted when CIA Director Leon Panetta introduced Obama, who quickly reassured them that they had his backing.

    “I know the last few days have been difficult,” he said. “You need to know you’ve got my full support.”

    And he only released the memos in the first place because he was going to lose a court battle. Everything is truly upside down.

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