After watching this, we should have seen it coming..
If you leave, you will be missed Jeff...
You crazy bastard.
PC
Showing posts with label banks. Show all posts
Showing posts with label banks. Show all posts
Tuesday, June 09, 2009
Wednesday, May 06, 2009
Technology Wars (3D Realms Death)
3D Realms Shuts Down
In what can only be described as the worst corporate failure since Lehman Brothers, 3D Realms has shut down operations. For 13 years I had been waiting for my favorite first person shooter Duke Nukem 3D's sequel. Duke Nukem Forever was given a WID release date. WID stood for when its done. Apparently WID now means never. The stock market has responded terribly. Nasdaq down 3%, S&P 500 struggling to stay above 900, and the Dow Jones selling off 150 points! The systematic risk of a 3D Realms failure and the ensuing instability in all of gaming has shook the global economy to its core. Oil shot up to $58 in what can only be described as a flight to quality. The US Treasury had to issue 30 year bonds at the highest yield since the current warcession hit. Desperate times call for desperate measures. We must bailout 3D Realms, or at the very least Duke Nukem Forever. Unless we want the deflationary spiral to continue, Congress and the Obama Administration must act swiftly and with no accountability. Do we need to revisit the days after the fall of Fannie, Freddie, AIG, Bear Stearns, Lehman, Washington Mutual, and Circuit City? Or do we do things differently? A world without Duke Nukem is a sad shell of existence. Public health care can be put on the back burner, but this cannot wait. We have never faced the kind of volatility that the unmet expected release of DNF will cause. Forget the S&P 500 going to 666 again, we would be heading below 500. Apple would collapse and Microsoft would start making pancakes instead of software. Do we really want to see this world? I sure as shit don't and I would ask all citizens to unite with me in demanding a bailout of 3D Realms to allow Duke Nukem Forever to be released. The government could take an ownership interest that would allow for capital appreciation to flow through to taxpayers. This is bigger than any other crisis we have faced.
God help us,
Productive Citizen
To soften the devastating blow of this news I have provided a remix of the Duke Nukem 3D Theme Song. Hopefully this will prevent some of the inevitable suicides.
Farewell Duke.mp3
In what can only be described as the worst corporate failure since Lehman Brothers, 3D Realms has shut down operations. For 13 years I had been waiting for my favorite first person shooter Duke Nukem 3D's sequel. Duke Nukem Forever was given a WID release date. WID stood for when its done. Apparently WID now means never. The stock market has responded terribly. Nasdaq down 3%, S&P 500 struggling to stay above 900, and the Dow Jones selling off 150 points! The systematic risk of a 3D Realms failure and the ensuing instability in all of gaming has shook the global economy to its core. Oil shot up to $58 in what can only be described as a flight to quality. The US Treasury had to issue 30 year bonds at the highest yield since the current warcession hit. Desperate times call for desperate measures. We must bailout 3D Realms, or at the very least Duke Nukem Forever. Unless we want the deflationary spiral to continue, Congress and the Obama Administration must act swiftly and with no accountability. Do we need to revisit the days after the fall of Fannie, Freddie, AIG, Bear Stearns, Lehman, Washington Mutual, and Circuit City? Or do we do things differently? A world without Duke Nukem is a sad shell of existence. Public health care can be put on the back burner, but this cannot wait. We have never faced the kind of volatility that the unmet expected release of DNF will cause. Forget the S&P 500 going to 666 again, we would be heading below 500. Apple would collapse and Microsoft would start making pancakes instead of software. Do we really want to see this world? I sure as shit don't and I would ask all citizens to unite with me in demanding a bailout of 3D Realms to allow Duke Nukem Forever to be released. The government could take an ownership interest that would allow for capital appreciation to flow through to taxpayers. This is bigger than any other crisis we have faced.
God help us,
Productive Citizen
To soften the devastating blow of this news I have provided a remix of the Duke Nukem 3D Theme Song. Hopefully this will prevent some of the inevitable suicides.
Farewell Duke.mp3
Labels:
3D Realms,
banks,
DNF,
Duke Nukem Forever,
warcession
Saturday, February 21, 2009
United Banks of America (52WeekLowMix)
Greetings,
As you all know, we are in the worst recession since 1937.
The situation is dire.
Banks are trading for less than Starbucks.
AOT has rushed here to save the financial system.
Our plan will follow in the coming weeks.
We are still hammering out most of the details.
Let me assure you, this new plan is good.
It's just not done yet.
So we'll get back to you when it is done.
In the meantime, please listen to our new song:
United Banks of America (52 Week Low Mix)
We have provided an approximation of the lyrics:
I pledge allegiance to the Flag of the United Banks of America
Fannie, Freddie, AIG
Where do they get the authority?
Wells Fargo, Bank of America
JP Morgan Stanley and Chase
WAMU, Countrywide, IndyMac
OH NO!
It's the Super Lehman Brothers
Riding on the back of the Meryll Lynch bull
Bear Stearns knocked the bull on its ass
shorting stocks like Douglas Kass
Whenever I make money, somebody loses money!
SRS
SKF
SSG
QID
SDS
DXD
If I'm gonna make money, somebody loses money!
I want a million dollars
You want a million dollars
Let's spend a trillion dollars
OH NO!
Pelosi, Reed and Barney Frank
Love the Fed more than you and me
George Bush and Henry Paulson
spent all our currency
The former head of the New York Fed is now in charge of the IRS
Tim Geithner takes your taxes
but he doesn't pay his own
you don't need an RTC
all you need is AOT
Peaceful Resolution
Peaceful Revolution
a revolution without dancing is not a revolution worth having.
This ain't a bad bank
it's a citi bank
this aint a bad bank
it's a shitty bank
SRS
SKF
SSG
QID
SDS
DXD
I only make money, if someone loses money!
------------------------------------------------------------
We can only hope this will create a more open dialogue about what is really going on in the world economy.
PC
As you all know, we are in the worst recession since 1937.
The situation is dire.
Banks are trading for less than Starbucks.
AOT has rushed here to save the financial system.
Our plan will follow in the coming weeks.
We are still hammering out most of the details.
Let me assure you, this new plan is good.
It's just not done yet.
So we'll get back to you when it is done.
In the meantime, please listen to our new song:
United Banks of America (52 Week Low Mix)
We have provided an approximation of the lyrics:
I pledge allegiance to the Flag of the United Banks of America
Fannie, Freddie, AIG
Where do they get the authority?
Wells Fargo, Bank of America
JP Morgan Stanley and Chase
WAMU, Countrywide, IndyMac
OH NO!
It's the Super Lehman Brothers
Riding on the back of the Meryll Lynch bull
Bear Stearns knocked the bull on its ass
shorting stocks like Douglas Kass
Whenever I make money, somebody loses money!
SRS
SKF
SSG
QID
SDS
DXD
If I'm gonna make money, somebody loses money!
I want a million dollars
You want a million dollars
Let's spend a trillion dollars
OH NO!
Pelosi, Reed and Barney Frank
Love the Fed more than you and me
George Bush and Henry Paulson
spent all our currency
The former head of the New York Fed is now in charge of the IRS
Tim Geithner takes your taxes
but he doesn't pay his own
you don't need an RTC
all you need is AOT
Peaceful Resolution
Peaceful Revolution
a revolution without dancing is not a revolution worth having.
This ain't a bad bank
it's a citi bank
this aint a bad bank
it's a shitty bank
SRS
SKF
SSG
QID
SDS
DXD
I only make money, if someone loses money!
------------------------------------------------------------
We can only hope this will create a more open dialogue about what is really going on in the world economy.
PC
Labels:
banks,
credit crisis,
crisis,
fannie,
fed,
financial,
freddie,
mp3,
short selling,
techno,
united banks of america,
warcession
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