By Eric on November 24, 2008

• Woohoo! Citigroup has been approved to snort $306 billion in bailout crack off of the hooker’s ass that is the United States government. Oh, and because begging the government for taxpayer money comes with absolutely no consequences, $400 million of that money will go to naming the New York Mets’ new stadium Citi Field. And they wonder why nobody has confidence in the market. (New York Times/ABC News)
• Of course, we can all takes some comfort in the fact that Hank Paulson won’t be around much longer to hand out big black checks to corporations in the name of democracy and freedom. This morning, President-Elect Obama named the people who will fix this mess–we hope. Otherwise, getting the Change We Need might involved scrounging around on the ground by vending machines and laundromats. (Change.gov)
• Nate Silver projects that Al Franken will win the Minnesota recount by just 27 votes. What?! I don’t know how he does it, but he has some fancy numbers and variables to back it up. If he’s right, all political reporting that does not come from FiveThirtyEight should be banned. If not, well, at least there’s already a precedent for blowing projections. (FiveThirtyEight.com)

Tags: 2008, Al Franken, around the blogosphere, bailout, Citi, Henry Paulson, MN-Sen, New York Mets, Obama Administration

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