I’d been wondering what I end up paying for all the BS and bloviations about the bailout, so I was pleased when Nick Johnson did the math for me (text from near bottom of post):

What’s Your Share?

Assume we have something like 120 million families or living units in America. (I’m going to use 100 million to make the math easier.) Assume all accumulated debt ($55 trillion, plus $11 trillion, plus, plus) is near $70 trillion headed for $100 trillion. The interest on $100 trillion, at 5%, is $5 trillion a year. Your family’s share? How’s $50,000 a year — just for the interest alone — sound? Your family’s share of the entire debt? About $1,000,000. So what’s happening is that these folks who’ve come from, and will be returning to, the Wall Street financial community, have decided to give you responsibility for paying off the mortgage on a one-million-dollar home — but one you’ll never get to see or live in (not incidentally because they’re already living in it).

Should I just declare bankruptcy now?

In all seriousness, how do we say ‘no’ to this crap? At some point the market will need to be allowed to punish all those morons that mis-mananged, deregulated and over-leveraged their complex/completely bullshit financial fairy-tale by allowing them and their companies to be completely wiped out. That the fools at Citi get to keep their shirts AT MY EXPENSE makes me want to puke.

No wonder people go for stuff like this.

This made the front of Digg. From the StarTribune:

While the Iowa Hawkeyes were scoring at will on the field Saturday night, two fans from the Hawkeye State were scoring elsewhere in the Metrodome.

Police say a man and woman were “having relations” in a bathroom stall as a crowd cheered them on.

Ross M. Walsh, 26, of Linden, Iowa, and Lois K. Feldman, 38, of Carroll, Iowa, were cited for misdemeanor indecent conduct. Walsh was released to his girlfriend and Feldman to her husband, police said.

A security guard came upon the scene in the handicapped stall, police said. Police were summoned, and they separated the two.

Both were intoxicated, said University Deputy Police Chief Chuck Miner.

Wow.

A DKos diary asks:

If we want the same old guys running the same old scams, then why did we elect Barack Obama?

I have the sinking feeling that question will stick around as the cabinet picks keep coming. Keeping Gates? C’mon…

Phillies fans are a fun-loving group. This kid looks so confused.

via Digg

…seen from Wall Street as it happened [Portfolio.com].

It’s an informative narrative.

Found via a Dkos diary

Consumerist takes a look at why you tithe for refined petroleum.

One of my favorite sections:

To ensure pricing continuity, refiners used to call each other and share pricing information. Activist judges on the Supreme Court called this “collusion.” The refiners, unfazed by the justices, came up with a crafty alternative: publicly posting their rack prices. Somehow, the Ninth Circuit Court found this to be illegal, too. Nobody knows how refiners discuss their pricing arrangements nowadays, but we wouldn’t be surprised if it involved a members-only group on Facebook.

Ye gods, this is hilarious.

Thanks to Mr. Tommy Lang for passing this one along.

Broadband Reports takes a look, and, via GigaOm, finds the correct answer:

The real reason carriers are limiting services and charging more is to maintain control of what people can do on their networks.

That was easy. Changing that? Well…

What Freedom of Religion Can Bring You.

Snake Handling Pentecostals

I throw up a little every time I hear that intro…or Billy Ray’s voice for that matter.

via Camp Counselor Tom. This too (woo!).

Campy Counselor Tom sends this find:

Rock Me Diabeetus

NOTE – Unsure why, but the vid gives me a bit-o-trouble in Firefox. IE seems to work. It rules in Lynx. UPDT – Turns out its the VLC plugin giving me issues. I guess it interferes with Flash in FF. UPDT 2 – That’s not all the problem I guess, its still doing it even with the plugin removed. Ugh.

There’s also many more Brimley vids in the “related videos”. I personally like this one.