Pay for Play
- At least Eliot Spitzer stayed true to the progressive wing of the Democrats, paying a "living wage" for the hookers from the Emperor's Club. According to the Website, the Emperors Club charged $1,000 per hour for a three-diamond prostitute, and $3,100 per hour for a seven-diamond prostitute. The Website also offered the Emperors Club's most valued clients "membership" in the "Icon Club," a status which allowed the clients to access restricted areas of the Website and permitted them to schedule appointments with the most highly-ranked prostitutes, whose fees started at $5,500 per hour. (h/t: Michelle Malkin)
- There are rankings? Are there "hooker evaluation forms" that must be completed afterwards? (Customer service... Knowledge of subject matter... Materials provided... Enthusiasm... Content...)
- Received an email from Lynn this morning who wonders, if Spitzer is client #9, who are clients #1 through #8? Good question!
Ben Bernanke Got Bank
- "What can I get for $200 billion?" asks Fed Chair, Ben Bernanke. U.S. stocks rallied Tuesday after three losing sessions, with investors' spirits lifted by the Federal Reserve's move to loan as much as $200 billion in securities in a bid to boost liquidity in the financial system.
- The short-term answer is a rally on Wall Street, as all the indexes are up about 2% as I type. I remain long, but almost expecting a sell-off as I'm worried about the one-day wonder thing we've seen in recent rallies like this. Nevertheless, I'm not selling anything. I think the recession fears are overblown or mistaken; a point made by UCLA today.
Politics-Schmolitics
- I'm not sure the Saturday Night Live (SNL) skit last Saturday about the 3am call to Obama (and then to Hillary from Obama) was THAT funny. Hillary with a cold cream mask? Okay, somewhat funny.
- The Spitzer thing derailing the fight between Obama and Hillary. The battle today is for Mississippi, right?
- So, after all this mumbo-jumbo about how "every vote counts," the superdelegates are really going to select the next candidate for the Democrats, right? Is that how this is shaping up? Why bother with having the primaries at all if this group of 600+ insiders and political hacks get to make backroom deals?
- Meanwhile, have we all forgotten who the Republican candidate is by now?