Ataxia is the thing with feathers.

Fannie Mae Bailout

Let it be known that the government bailing out Fannie Mae is utter bullshit. The employees and executives at Fannie Mae doctor their books and even then can’t run a business properly (someone gave out a lot more money in mortgages than they should have been). Other companies in their situation are left [...]

Subprime indeed.

The second best explanation (but the first funniest) of the whole subprime mortgage mess is The Subprime Primer, which involves stick figures and cuss words.
The first was last week’s episode of This American Life.

The Fed cut short-term interest rates by a 1/4-point today, down to 2%. At the rate these have been coming, The Fed is going to be paying banks outright to hold our loot by 2009.
I could rant for some time about how the Fed helping out the very banks that created our current economic [...]