That Bank Bailout In Full

What’s going to happen to the markets after the bailout?

Courtesy of wingnut punditerati crush object and ageing girl prodigy Megan McCardle over at The Atlantic comes the answer:

“Well, they will go up. Or they will go down. Though it’s possible they might stay the same.”

Such prescience in one so young.

The Transaxle Of McCain’s Credibility

Some wingnuts are nuttier than others, and Roy Edroso profiles one of the wingnuttiest at Alicublog; meet Bill Whittle, the National Review Columnist, McCain spokesnutjob and futurologist. Edroso:

I frequently tell you folks that our opponents are totally insane, but rarely does one of them leave so egregious a pixel trail of his psychosis. That the National Review would avail such a crackpot for its purposes is of course no surprise at all.

Seriously, go read it. Whittle is, demonstrably, at the very least very eccentric indeed if his planned Randian utopia and verbose paranoid fantasies are any guide.

But doesn’t that make him the perfect McCain spokesperson?

Not Just McCain Who’s Technologically Illiterate

Only Karl Rove doesn’t have the POW excuse.

Watch Rove’s outrage on Fox at the hacking of Palin’s Yahoo mail account :

No wonder he’s upset – he’s been screwed by technology himself:

[Interviewer] In the new edition of your book, ARMED MADHOUSE, you report on the theft of the 2008 election. How do know what they’re doing? Any way to stop them?

[Greg] Palast: I know because I have Karl Rove’s emails. No kidding. He and his team aren’t the sharpest knives in the drawer. They sent copies of their plans to GeorgeWBush.ORG instead of GeorgeWBush.COM addresses — and, heh heh, they ended up in my in-box. Who says this job ain’t fun?

He learned fast though – remember that ‘mixup’ with the White House email? Somehow records of communications regarding the deliberate corruption of the Justice Dept got wiped. Dashed pesky intertubes, however did that happen? Poor old Republicans, they really haven’t got to grips with this modern world thingy – except when it suits them.

UPDATE

A commenter at the Christian Science Monitor’s Vote Blog:

I find it both incredible and hypocritical that McCain is so upset about someone hacking into Palin’s email when he obviously condoned this very same behavior when he named Carly Fiorina as his economic adviser. Wasn’t she the same CEO who paid to hack into Hewlett Packard’s Board of Directors personal emails?

So it’s been said. HP has certainly admitted to it and she was the boss.

Cut From The Frozen North To The Tropics…

While the UK and US media are having a happy happy fun time decidering the election and the actual electorate gets more and more irate about it, banana republicanism and all round diplomatic skullduggery goes on as blithely as usual. In this particular instance, Venezuela, it may have electoral implications – but perhaps that’s the plan.

The supposedly lame-duck Bush administration is continuing to destabilise neighbouring countries for fun and profit by fomenting dissent and plotting coups:

President Hugo Chávez last night ordered the US ambassador to leave Venezuela within 72 hours and accused Washington of fomenting a coup attempt against his socialist revolution.

Chávez also ordered Venezuela’s ambassador to Washington to return home and threatened to cut oil supplies, plunging relations between the countries to a new low. “Go to hell a hundred times, fucking Yankees,” he told a televised rally thronged with supporters clad in red.

The move came a day after Venezuela’s ally Bolivia expelled its US ambassador for allegedly backing opposition groups engaged in bloody clashes with police and government supporters; turmoil which claimed eight lives and split the country in two.

[…]

In a day of intrigue and brinkmanship, Chávez announced that Venezuelan military officers had plotted to assassinate him with US complicity. “They’re trying to do here what they were doing in Bolivia. That’s enough shit from you Yankees,” he said.

Ties would be restored when the US had a new government that “respected” Latin America, he added.

Coincidental or not, his accusation fell on the 35th anniversary of the CIA-backed coup which replaced Chile’s leftist president, Salvador Allende, with the dictator Augusto Pinochet.

The American diplomatic and security apparatus has learned precisely nothing from Chile. They think that it’s still the 1970s in South America: the cold war has never ended there for them.

It’s all beginning to look rather Georgian, or even Bay of Pigsian, isn’t it, what with the Russian navy conducting war games off the coast of Venezuela and Russian bombers at South American bases and everyone taking sides:

Russian bombers arrive in Venezuela

Russia has flown two long-range bombers to Venezuela for military exercises, a move likely to cause concern in Washington.

Hugo Chavez, the Venezuelan president, said on Wednesday that the Tu-160 strategic bombers had arrived to strengthen military ties and to counter US regional influence.

Apart from the larger geopolitical political implications there are domestic US electoral considerations too, in light of the bellicose attitude being expressed shown by McCain/ Palin towards Russia. United against a common enemy and all that…

The Bush administration definitely seems to have a strategy; it’s armageddon or bust. Trouble in South America, the Caucasus, the Gulf, Afghanistan, Pakistan -any one of of those situations could ripen into regional and perhaps global war, given the right sequence of events. Surely one’s got to pay off in time to give the Republicans a pre- election boost.

Is it just me or is there more than a whiff of October Surprise to all this?

It Wasn’t Just Me Then

Well obviously not, I’m hardly the only person listening to Radio 4 this morning or who watched Governor Palin’s first full-on TV interview last night – but leaving my own solipsism aside and concentrating on hers, one thing she said really jumped out at me from the radio.

It struck Scarecrow of Firedoglake too:

Sarah Palin’s most revealing response to Charles Gibson was her unqualified statement that she never had the slightest doubt about her readiness to be President. The woman doesn’t even know enough to know she doesn’t know enough.

Exactly. If I had to pick one thing I’ve learned about the world as I’ve got older it’s how much there is I don’t know and how much more there always is to know. If I had to pick one thing I’ve learned about myself it’s that real confidence comes when you can admit your limitations.

Palin’s rockribbed, solid, arrogant certainty is deeply scary. Anyone, no matter how wise, intelligent, distinguished or accomplished, no matter how confident of their own abilities, would feel unqualified and quail inwardly when offered one of the world’s highest political positions totally out of the blue. The truly wise wouldn’t be scared to admit it either.

Palin has no earthly conception of the depths of the potential responsibility inherent in the post of VP. Or perhaps she does (though she’s not shown it so far) and is inwardly scared shitless because of her own inadequacy. That may make her feel she has to out-macho the men. I don’t know, I’m not her bloody analyst – but I care because a President Palin could kill us all.

Someone on tv last night (on Mock The Week to be precise, so take it with the seriousness it deserves) pointed out that McCain has, according to actuaries, a one in three chance of dying in office. If he does pop off she could have the big red button and wipe out anyone she liked, whenever she liked – uppity librarians or community organisers, annoying dictators – whole continents even!

Anyone who’s not a complete sociopath would at least think twice. But no, no doubts, none. All that counts is winning. What comes after – feh, what does that matter? She’ll have finally won the biggest beauty pageant of ’em all.