Comments on: 03/13 open thread: “Things fall apart” — UPDATED

By: thirdsouth

thirdsouth — Sat, 14 Mar 2009 02:06:58 +0000

Just curious: who thought Levi Johnston (“El-Jay” in Alaska)
(“I don’t want kids” “I’ll kick your ass”) was going to marry Bristol Palin? Who thought it was kosher for him to have that North Slope job without a high school diploma, when everyone else so employed was required to attain one? Who thinks Sarah Palin had nothing to do with him getting the job while he was toeing the “fiance status” line, and who thinks she had nothing to do with him losing it after he got cold feet?

By: DeltaLawMama

DeltaLawMama — Sat, 14 Mar 2009 01:19:00 +0000

Not judging Cramer as a Victim or Villain, just reporting what the network big wigs have said. In the Entertainment (Infotainment?) industry, once someone says that X has “the full backing” of leadership here, then X is almost always certainly on the way out and its just a matter of time before the coup de grâce is delivered.

By: Confounded

Confounded — Sat, 14 Mar 2009 00:55:07 +0000

Some of the Cramer clips are out of context. Cramer is not suggesting the market should be manipulated. He is explaining how it happens and how the hedge fund managers do it and how he did it when he was a hedge fund manager. He missed some calls but he always admits when he is wrong. He caveats his advice is not for 401k investing but for other money. He was wrong about the fall and did say to take any money you need in the next five years to take it out. That was when the Dow was at 12k. He is pressing Justice for indictments against AIG execs. He has been lobbying Congress for more protection for individual investors for years. Stewart is right that CNBC including Cramer failed to reveal what was happening before the crash and that CNBC has been too close to the trees to see the forest which Cramer admits. I lost some money on Cramer picks but I also made a good deal of money on Cramer picks. But I never based 401k or long term investments on these picks. Cramer has taught the American public alot about diversifying assets and other money management wisdoms. He is a big follower of Warren Buffet.
I’ve been watching the guy for years. I follow his Internet column too. He is not the villain he is being made out to be. He has an amazing life story.

By: DeltaLawMama

DeltaLawMama — Fri, 13 Mar 2009 22:34:02 +0000

We should form a “Cramer Pink Slip Pool” because Gawker reports “Calls to several CNBCers this morning indicated that Cramer has “the full backing” of CNBC and NBC Universal execs, and that his role at CNBC is safe.” – Clearly the man is on his way out.

By: lotus

lotus — Fri, 13 Mar 2009 19:33:18 +0000

Glad to see this too. Statement from DoJ:

In a filing today with the federal District Court for the District of Columbia, the Department of Justice submitted a new standard for the government's authority to hold detainees at the Guantanamo Bay Detention Facility. The definition does not rely on the President's authority as Commander-in-Chief independent of Congress's specific authorization. It draws on the international laws of war to inform the statutory authority conferred by Congress. It provides that individuals who supported al Qaeda or the Taliban are detainable only if the support was substantial. And it does not employ the phrase "enemy combatant." ...

Day by day, step by step, reclaiming our sanity . . .

By: lotus

lotus — Fri, 13 Mar 2009 19:28:40 +0000

W00tie w00tie W00T! Happy 125th to the W!

By: duckweedpond

duckweedpond — Fri, 13 Mar 2009 16:34:50 +0000

All I could find from the mdot website http://www.MSTraffic.com

“A transformer along I-20 reportedly blew out close to Mile Marker 51 near Pearl High School, dropping power lines across the interstate. I-20 between Pearson Road (Exit 48) and Highway 18 (Exit 54) could remain closed for nine to 10 hours. Motorists should take alternate routes or avoid this area entirely if at all possible.”

This sounds useful, traffic alerts to your mobile: http://www.mstraffic.com/mobile. It’s a slippery wet mess out there, lotus; dangerous driving weather. At least it’s knocking some pollen out of the air.

By: lotus

lotus — Fri, 13 Mar 2009 16:28:26 +0000

Well, that's wild -- the C-L says two wooden powerpoles just up and snapped ("very high up near their tops"); Entergy is trying to figure out why. Is it blowy much out your way today?

By: lotus

lotus — Fri, 13 Mar 2009 16:04:21 +0000

What happened, ducky, a mega-wreck?

By: duckweedpond

duckweedpond — Fri, 13 Mar 2009 15:33:01 +0000

any foloers with traveling plans that include I-20, be advised that power lines are down and all lanes are closed at Pearl going both ways. Entergy is saying they don’t expect to have it cleaned up for 8-9 more hours. execute plan B.