Mercury Rising 鳯女

Politics, life, and other things that matter

Archive for March 17th, 2008

The Bear’s Stern

Posted by MEC on March 17, 2008

From Nina Katarina in Salon’s Table Talk, commentary on recent developments in the world of finance, set to a possibly recognizable melody.

Wah, wah, wah, wah, watching the bears
Raggy bears, shaggy bears, and Bear Stearns too
There’s nothing on earth Ben Bernanke won’t do
But we just keep watching, wah, wah, wah watching
The Street has gone waltzing, waltzing with bears

I went upstairs in the middle of the night
I tip toed in and I turned on the light
To my surprise there was no end in sight
The foreign markets went dancing last night

They were wah, wah, wah, wah, wah, watching the bears
Raggy bears, shaggy bears, and Bear Stearns too
There’s nothing on earth Ben Bernanke won’t do
But we just keep watching, wah, wah, wah watching
The Street has gone waltzing, waltzing with bears

I gave Ben Bernanke a new coat to wear
When he came home it was covered in hairs
Lately I’ve noticed several new tears
I’m afraid Ben Bernanke goes waltzing with bears

We begged and we pleaded, oh please won’t you stay
We managed to keep the Street solvent a day
But the bears all barged in and they took it away
Now we’re owned by the Pandas, they can’t understand us
The bears all demand at least one dance a day

Wah, wah, wah, wah, wah, watching the bears
Raggy bears, shaggy bears, and Bear Stearns too
There’s nothing on earth Ben Bernanke won’t do
But we just keep watching, wah, wah, wah watching
The Street has gone waltzing, waltzing with bears

(The original “Waltzing with Bears” is an adaptation by Dale Marxen of “My Uncle Terwilliger Waltzes with Bears” by Dr. Seuss.)

Bear Stern
(a bear stern)

Posted in parody, Uncategorized, Wall Street | 3 Comments »

The Two-Buck Upchuck

Posted by Phoenix Woman on March 17, 2008

That’s what Tanta over at Calculated Risk is calling J.P. Morgan’s purchase (with Federal Reserve funds backing the deal) of Bear Stearns. Bear Stearns stock was trading near $170 not too long ago.

Fasten the seat belts, everyone!

Posted in banking, big money, economy, faith-based flim-flams | 6 Comments »

Winter Soldier

Posted by Charles II on March 17, 2008

Update: The full hearings are available for download here in six sections. Information about arranging for home screenings is here

Posted in Afghanistan, Iraq war | 8 Comments »

There Once Were Some Union Maids…

Posted by Phoenix Woman on March 17, 2008

Strippers in San Francisco, taking charge of their jobs and lives. Here’s how it came about:

Long about 1976 two business associates from Seattle decided San Francisco was just the licentious sort of town to which to expand their particular trade, that trade being 16mm porno films one could partake of in one?s very own private booth. This was quite novel at the time and became very popular, since privacy made real the possibility of masturbation during said films (or even the possibility of more than masturbation, since couples were and still are welcome). It wasn?t until 1983 that the partners decided live entertainment might also be of interest to customers, who might want to enjoy themselves while watching and interacting with live nude girls.

Things went reasonably smoothly for some time until the summer of 1996 when the company?s penchant for hiring intelligent and worldly women began to backfire in the form of a unionization drive. It?s a notoriously exploitative game in the adult entertainment world, and it began to be a bit stereotypical, what with the random firings and pay cuts, ambiguous shift policies and other unsavory business. There were even several one-way windows where performers could not see the customer they were dancing for. Subsequently, these windows concealed all sorts of camera and video activity, done without the dancer?s consent. This would never do! A group of employees approached Service Employees International Union Local 790 and after some negotiations among union officials and the near-unanimous signing of union cards, an election was planned. Not surprisingly, this made management very angry. There were many harsh words and scheming lawyers and propaganda campaigns – even picket lines and a lockout! But in April of 1997 the Lusty Lady employees voted to unionize, 57 to 15. This process formed the Exotic Dancers Union, the only sexworkers organization of its kind, which is still active at the theater today.

Eventually with the success of internet porn and the decline of profits in general, the owners started to feel the end was near. In February of 2003 they regretfully announced that they planned to close the Lusty Lady. We were inconsolable. Surely this could not be the end of all we had accomplished together? The idea arose: Why not purchase the business and run it as a cooperative?

[…]

We have many different hopes and dreams, depending on who you talk to. Most people hope for wages to return to their former glory. Many hope for capital improvements, or even health insurance. Some of us hope to last another 30 years and some hope we last at least until the end of this one. Some of us even dream of helping other businesses to do what we have done, only maybe a little more smoothly. All of us hope to make the Lusty Lady Theater the most triumphant peep show on Earth. And we hope to see you here soon.

They’re stickin’ with the union!

Posted in Good Causes, Good Things, speaking truth to power, unions | Comments Off on There Once Were Some Union Maids…

Funny How That Works

Posted by Phoenix Woman on March 17, 2008

When Obama’s pastor Jeremiah Wright condemns America as amoral, he’s attacked by Republicans.

When religious-right leaders like Francis Shaeffer condemn America, Republicans invite them to the White House.

Posted in anti-truth, Barack Obama, Bush, Busheviks, religion, Republicans, rightwing moral cripples | 2 Comments »

They Screw Up Everything, Part 345435082

Posted by Phoenix Woman on March 17, 2008

The invasion of Iraq was a monumentally stupid idea, but the country didn’t necessarily have to disintegrate as a direct result. If, for instance, Paul Bremer and the Bushies had kept their promise to the Iraqi army not to disband them, the suddenly-unemployed Iraqi soldiers wouldn’t have wound up becoming the core of the Sunni portion of the insurgency.

Smooth move, Bushies. NOT.

Posted in Bush, Bush Family Evil Empire, BushCo malfeasance, Busheviks, colonial wars, eedjits, energy, evil, Iraq war | Comments Off on They Screw Up Everything, Part 345435082

 
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