Sarah Haskins

Everyone should check out Sarah Haskins' "Target: Women" on Current. Last week's clip:

Here's another great clip:

Comments

Well, I laughed

a lot.

Thanks, Davidson; well-needed break from the angst machine.

I'm glad, BIO

She's one of my favorites. And she certainly helps during these depressing times (The fall of Lehman Brothers is terrifying the hell out of me; I can't believe how bad this is).

I just wish Sarah would come out with more "Target: Women" on a regular basis. It's, like, once every two weeks or so.

You think this is bad? The real trouble is still being hidden.

Floating around out there in FinanceWorld are all the derivatives that have built the house of cards that is our VRWC/Corporatist modern economic engine. All held by the hedge funds, the banks, municipal and state and international governments and worst of all, holding the bag for maybe 80% of that paper, are the retirement funds. But those derivatives have real value only if the underlying basis is real and valuable - most of them now are not. Total previous pretend value of the derivatives at risk? Hard to pin down but the numbers being kicked around are on the order of $65 Trillion. That is "Trillion" with a "T". Compared to the size of the real problem, Lehman Bros is chump change. Essentially, all of the supposed economic "gains" of the last decade are not worth the paper they are printed on. They are promises turned into debt, and they are due. All the propping up is about putting off that reckoning in hopes a miracle will occur. Our government is being run by the Underwear Gnomes, and you are about to lose your shorts.

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