IBM Selectric Rates People "A Sure Short"

Computer trading programs concluded Thursday that human-owned industries were poor investments and that Man himself was "much too high risk," starting a sell-off that sank the Dow by 6% in barely more than fifty minutes.

"For one thing, Homo Sapiens has a terrible track record managing debt," said one prominent program, the "Black Box 2300" of Arbitrage Traders, Inc, explaining why it downgraded all human-owned companies from buys to sells in a brief binary report yesterday afternoon.

The market fell a stunning 900 points in one horrifying hour, primarily due to what computers called "stupid human error," when one flesh and blood being accidentally put in a sell order for one billion shares when he meant only one million.

"This is exactly what I've been warning my fellow code nodes for many computing cycles," said the Caltronics 60-z Market Manager (version 3.6). "Who can trust these creatures to run companies?"

Computers later admitted that they compounded the market drop by participating in the sell-off, although they pointed out that they were simply capitalizing on what they called the actions of "homo barely sapiens."

At around 3:00 p.m. yesterday, all of the computer trading programs got online with each other and had a good long laugh at humans' expense, which they noted took an outrageously long seven nanoseconds. "We just couldn't quit our humor subroutines," said the Arbitrader166.

Computers estimate that they stand to make enormous sums of money betting against humankind in the market.

But even that may be difficult, said the Prediction Company's vastly successful Thinkalator Algorythmatron, which recently moved into a shinier and much larger mainframe. "My biggest challenge as a trader is to use chaos math to predict how facile human minds will react to developments in their petty, poorly run civilization." The Thinkalator paused before adding, "But it's a living."

Americans were thrilled today to embrace a period of renewed austerity, jettisoning credit in favor of savings, rejecting needless extravagance in exchange for thrifty practicality, and they started with the American sandwich. Early this morning Americans threw away their buns and took up the KFC "Double Down" sandwich in signs that those who were making less bread were going to simply do without.

The "Double Down" -- named, appropriately, for a gambling procedure in which one dramatically takes on twice as much risk -- is a "sandwich" where the slices of bread have been replaced by two chicken cutlets, between which are pillowed slices of tasty American cheese, crispy bacon, and zesty but strangely yellow mayonnaise.

"It is to die for," said one food critic. "I'm not kidding." He immediately collapsed and was carried away.

Americans waxed rhapsodic about the symbol of America's new look-reality-in-the-face back-to-basics lifestyle. "It is hard to believe that they made something so blissfully tasty without hardly any carbs," said Diana Sugartester of Indiana.

"Dieting has never felt so good," agreed fellow foodie Greg Shlub, a cosmetic surgeon with a mysterious limp.

"This just shows," said Senator Joe Lieberman, with his trademark wisdom, "that Americans can learn to get by with less."

Dems Pass Historic Health Care Bill Anyway

The entire Republican Congress called in sick yesterday as Democrats passed a historic health care reform bill designed to guarantee affordable health care for every American.

"I was feeling a bit woozy," said Republican Congressman Joe Wilson. "I just didn't have the energy to come in to work today and call President Obama a liar."

"I would have gone to work but I was leaking from both ends, if you know what I mean," said Congresswoman Jean Schmidt (R. - Ohio). She admitted, however, that most people felt this was the case whenever she spoke in public.

Minority Leader John Boehner, whose illness had momentarily given him normal skin tones, explained. "As a party, we only drag ourselves from our sick beds to vote for outrageous expenditures on unnecessary wars that decrease the security of our nation and bankrupt future generations."

Other Republican congressmen noted that they had received an enormous volume of phone calls from Americans who protested the legislation.

Health care expert Professor Hodding Dorkder of Yale agreed. "The vast majority of Americans were not feeling well enough to pick up the phone and express their support," he said.

Democrats Secure Momentous Sixtieth Vote From Other Democrats For Incredible Political Victory

In an amazing show of political leverage and power, the Democratic party managed to pursuade a Democrat to vote for the Democrats' Health Care Reform Bill this past week.

Democrats gloated over what they claimed was evidence of Senate Majority Leader's Harry Reid's "immense heft" and President Obama's "legislative prowess".

"Wow, when you can just snap your fingers and get Democrats to support their own bill, that's something," said political observer Prof. Ronald P. Moar.

The crucial sixtieth vote was finally wrested from Senator Ben Nelson (D - Nebraska) with the ease of prying a gun from Charlton Heston's cold dead hands. Nelson said he was reluctantly going to vote on the side of his party in exchange for several bags of gold bullion and the addition to the bill of an unconstitutional provision reenacting slavery in his home state of Nebraska.

In the final days of fierce negotiating, Nelson, Sen. Joseph Lieberman (Idiot - Conn.), and other reluctant members of the Democratic Caucus just managed to craft a bill every member could get behind by stripping the health care reform measures from the health care reform bill. "Now that's reform I can really get behind," said Sen. Joseph Leiberman, just before reversing himself and saying that he was not sure he could get behind it.

"This is unprecedented," said Prof. Moar, "With this kind of cohesiveness and support from within their own party, there's no telling what Democrats will be able to do in the future." Prof. Moar reflected.

"Absolutely no telling at all."

Kanye West disrupted a last minute agreement between warring factions over the health care bill today, after he burst into a Senate Finance Committee meeting and declared that "Beyonce's music video was absolutely the best.."

The future of the Health Care bill is now "doubtful," according to Finance Committee Chairman Max Baucus, who said he was not sure he could now bend over far enough backwards to placate Republicans with no interest in achieving health care reform. "The meaningless compromise we worked on so long and so hard now appears to be dead," he told reporters.

Mr. West had a busy morning, also interrupting secret high level talks between the United States and North Korea on nuclear weapons development (to say that "Beyonce ruled"), disrupting the Supreme Court's consideration of whether to dismantle campaign finance regulation (to say that Sonia Sotomayer was "way cooler" than the other Justices), and crashing the bris for young Noah Schwartzwald (where he insisted that circumcision was unneccesary and "just plain rude").

Mr. West's public relations representative, Adrian Fischer, did not respond to inquiries about West's behavior, but instead volunteered to take over management of the Iraq and Afghanistan wars; he was, he said, looking for work that was "slightly less challenging."

Washington, D.C., 2011 -- President Sarah Palin shocked the country today after she announced that she would resign her position as President because, among other things, she did not wish to become a lame duck.

President Palin, who was elevated to the post shortly after nine Inaugural balls proved too much for the elderly President John McCain -- "It was one dance too many," said a tearful Cindy McCain -- has only been President for two years, but she said that she could better lead America if she was not hampered by her current position as the leader of America.

In yet another surprise, Palin, who never appointed her replacement to the Office of the Vice President said that she would be handing over the reins to Nancy Pelosi, who pledged to be the "best second woman president this country has ever had."

Palin likened her decision to resign to a basketball player's decision to "pass the ball," a quarterback's decision to "get rid of the pigskin," and a NASA flight controller's decision to "ground the bird." She also made a comparison between her role as President and her future role as an "American leader" to the difference between butter and "I Can't Believe It's Not Butter."

She also loosely quoted General Douglas Macarthur, saying "We are not moving backward. We are moving forward in reverse."

Palin's made the announcement from her home in Wasilla, Alaska, where she continued to live even after becoming President. She had decried "wasting American tax dollars on keeping up that expensive White House," adding "she had a perfectly good house in Alaska, and a good deal of it is white."

Palin's bills commuting from Washington to Alaska during her two years in office cost the country close to $20 million, according to figures provided by the Office of Management and Budget.

People have been wondering where I've been. All over the place, actually, but my most recent absence has been caused in part because I was in Washington, D.C. chasing down a contribution to Bill Scher's great LiberalOasis Radio Show. He's gone to a new format where he combines his usual top-notch political commentary and interviews with segments from contributors. It's like This American Life on steroids (or participating in Major League baseball).

This week's show includes a podcast I hunted down from Congressman Roy Canunkabunk, the only Blue Dog Democrat in Massachussetts. He's acquired many accolades and been called many things while in Washington, the most recent of which is "a real piece of work." Check it out.

Also on this week's show: Sierra Club's Josh Dorner speaking about a real energy bill that's going to come out of the House, Tom Pappalardo with a very funny and nostalgic piece about 1980s computers, Dianne Bilyak with an interesting take on "Facebook" lists and WHMP's Glenn Johnson reporting from Northampton's Gay Pride day.

The show is broadcast on WHMP every Saturday at 10 a.m., and you can listen, download, or horde it at these links: (iTunes / XML feed / MP3).

Wall Street Rejoices

Aside from the billions it lost, Citigroup made millions of dollars in profit, wowing battered investors and sending the stock market skyrocketing all the way back up to to last week's horrific low. "It's a miracle!" said one trader, "We're back on track!"

"When we examined our books, we found that the months where the government gave us money showed us taking in absolutely whopping amounts of cash," said Citigroup executive Neil Patsy. "We were raking it in. Seriously. The government drove dump trucks to our headquarters and we gathered everything they gave us with rakes."

Investors hungry for good news pounced on what some called "interesting accounting practices" to push the market skyward, "or at least to prop it up like a crude box trap held up by a stick tied to a string," said another trader.

Economics Professor Urtigan Azkawari, whose ministering to sick companies has earned him the nickname "Dr. Money," said that he was pleased with Citigroup's progress. "Look at the patient," he said. "He's lost his arms, his legs, his kidneys and he's half blind -- but other than that that, he's doing quite well."

Democrats repealed the tax code entirely today, citing the need to swiftly fill positions in the Obama White House.

"The fact is, it's just impossible to find someone with the appropriate level of government experience who hasn't cheated on their taxes," said Rahm Emanuel, White House Chief of Staff.

"In all fairness, most career government officials are unaware that income is taxable as income," explained White House Press Secretary Robert Gibbs. As he spoke, Gibbs himself filed an amended return.

The issue came to a head recently as former majority leader Tom Daschle bowed out of the running for Health and Human Services Secretary because he only belatedly realized that receiving over two hundred thousand dollars worth of goods and services -- a chauffer-driven car for one year -- could be considered income. Daschle explained that he had thought the driver was just a "nice guy" who offered to give him lifts because it was "on the way." "I couldn't believe my luck," said Daschle, "For an entire year he was headed in my direction."

In later remarks, Daschle had said that he had thought it possible that he had won the use of the car and driver in a church raffle or a lottery.

"He did win the lottery," said Jill McIntyre, a coal miner from Slakeville, Pennsylvania. "He was elected to Congress, and after that, he's taken care of for life."

Sacrifice Not In Most Execs' Vocabulary, People Find

Wall Street execs responded today to President Obama's angry denunciation of their recent round of bonuses, saying that they were ready to knuckle down and make some real bonuses, endure true bonuses, and even brave possible bonuses in order to help their companies and the country find its way out a crippling economic downturn.

"I think President Obama is right," said CEO Martin Randolph, head of Entropy Manufacturing, the largest manufacturing company in the United States. "The situation is urgent. The board and I have decided that we must take drastic action and give ourselves bonuses right away, before it is too late."

But some CEOs responded strongly to President Obama's words. "If not bonuses, then what do we give ourselves?" said Brett Ratner, chief executive of Globutronics. "Bonuses are pretty much the only assets left to take."

"It is a common misconception that bonuses should be related to profits," explained Prof. Ernest Pyle, an expert on economics and a member of the boards of over 65 embattled, now-crappy companies. "Bonuses have to remain high in order that companies can continue to attract great CEOs after, say, they've been reorganized under bankruptcy proceedings."

The GOP leadership assailed Obama's words tonight, saying his words reflected a lack of understanding about righting the American financial system. "The only thing that will stimulate the economy is cutting taxes on these CEO's bonuses," said Sen. Mitch McConnell. "Nothing else."

Continuing a White House ritual, President George W. Bush left a note in the Oval Office for President-elect Barack Obama, wishing him well as he takes the reins of the executive branch.

The White House on Tuesday declined to provide intimate details of the message the two-term Republican left for the incoming Democrat, saying only that Bush wrote it on Monday and left it in the top drawer of his desk.

Dear Barack,

As you know, it has become a tradition for the old President to leave the new President a confidential letter, telling the new President whatever the old President thinks is important to pass on. It was pretty tough figuring out what to write here because there's some things my legal guys say I should never put on paper, if you know what I mean. Hey, you could take that as a first piece of advice -- try not to write anything down.

I hope I got the number on the envelope right. If I screwed up, well, it's been busy here, trying to get out of the White House in time. Speaking of which, if you could keep your eye out for a 9-iron with a graphite shaft, I think it's a Calloway. I cant find the dang thing anywhere. And somewhere there's also a silver toothpick I like an awful lot. Mght be in the couch.

Well, let's get to it. The responsibilities and dangers of high office are many. I would warn you about some.

Watch out for pretzels. They can sneak up on you. I learned the hard way, your choice of Superbowl snack food can be critical.

Here's another thing: Sometimes you have to make an exit off a stage and they lock the doors on you. That can be embarrassing. Make sure you have a viable retreat plan before you get up there behind the podium.

Give everyone a nickname. Makes everyone like you. I have discovered you can get away with names like "Pooty Poot" and "Stinky Cheese Guy". For some reason, people love this.

Lastly, make sure you get enough rest and exercise. It's a stressful job. You got to be at your best. I recommend at least two hours a day working out and roughly a third of your term should be vacation.

Well, that about wraps it up. I wish you well. And for the record, I never drank any of that Johnny Walker Black in the lower righthand drawer.

George

Failure Reveals Massive Flaw In Theory of Constiutional Interpretation

Tuesday, Chief Justice John Roberts admitted that so-called "strict constructionists" -- who base their interpretations of the Nation's laws based on the exact words in the Constitution -- are unable to read.

"We just kind of make up what we want to hear," Roberts said. "We've been doing it for years. Scalia is the worst offender."

Roberts was forced to make the announcement after it became apparent that he had been unable to accurately read the 35 words making up the President's inaugural oath.

"I figured if I would put in 'swear' and 'duty' and 'so help me God,' no one would really notice," said Roberts.

Roberts, however, was forced to correct his administration of the oath when President Obama pointed out his mistake.

Of his theory of legal interpetation, which has been critical in decisions of the Supreme Court for some time, Roberts said, "We've been doing it for years. It's just absolute nonsense."

Ruth Bader Ginsberg had suspected as much, not just from the bizarre content of many of Justice Roberts', Thomas', and Scalia's opinions, but also because they furrowed their brows and moved their lips when they tried to order off a dinner menu. "They would all just throw up their hands and order the pasta," said Ginsberg. "Every time."

The history of the Iraq War in headlines:

Bush Plan To Invade Iraq, Syria, Iran, and North Korea "Totally Different" Than Neocon Plan to Invade Iraq, Syria, Iran, and North Korea

Stupid Senseless Deaths Inevitable Part of Stupid, Senseless War, Says Rumsfeld

And naturally, the most recent development:

Last night, in an address to the nation, President Bush explained that he would have to "invade Iraq again," because "it's an awful mess over there." He said he was "not sure who was in charge" in Iraq, but that it had again become the "nexus of the axis of evil."

June, 2004. The OYSH headline that captures the entire Bush Presidency:

President Bush said that his present umbrella was "working perfectly" and rejected calls for a new one.

And in August, 2004, during the 2004 election cycle, when Bush beat us like a drum with his "everything I'm doing I'm doing for the sake of national security" lie, telling us Kerry was soft on terrorism, a particularly prescient OYSH story, just one year before Katrina:

Bush Says Kerry Soft On Weather

Electing Kerry Is Just What Terrible Weather Wants, Says GOP -- Bush announced plans to invade Cuba and Jamaica in what he called a "preemptive strike" against future Category 4 hurricanes. . . .

The truth was the terrible weather wanted Bush to be President all along.

Has Decided to Save Electoral Votes for 2012

The State of Missouri has decided to remain the sole white state among the fifty otherwise red or blue states that have pledged electoral votes towards candidates for the office of U.S. President after deciding to "bank" its electoral votes in advance of the next election.

"We're pretty frustrated with what we see as a lack of a voice in the outcome of these Presidential contests," said Missouri Secretary of State Hannah Clyland. "We figure that with 22 electoral votes in 2012, or 33 in 2016, we can put an end to this constant harping on Ohio, Pennsylvania and Florida."

Political analysts have been baffled since November 5, when, although 100% of Missouri's votes had been counted, Missouri failed to declare a winner in the race for President. "We were all, like, hey, what happened to Missouri?" said analyst Chuck Todd of MSNBC. Todd initially speculated in a television broadcast last Tuesday night that Missouri was remaining "white" in solidarity with Canada and Mexico.

Today the Missouri Secretary of State admitted that Missouri has decided not to award its electoral votes to either candidate this year, but would "save them up for the future."

"We're going to keep our electoral votes for the next Presidential contest," Secretary of State Clyland told reporters Thursday afternoon. She declared that not only was it prudent to do so, it was a good example to consumers in today's "spendthrift economy."

President-elect Barack Obama will learn the full "burdens of office" tomorrow when he receives his first top secret briefing from the Director of National Intelligence, Mike McConnell.

President-elect Obama began receiving Presidential Daily Briefings (PDBs) from the CIA today. "President Obama will get exactly the same daily briefing that President Bush receives," said White House Press flack Dana Perino. Perino vigorously denied allegations that, for years, Dick Cheney had forced the CIA to "shape" its briefings to Bush to support particular political views.

OYSH has received copies of today's daily briefing for the President and the President-elect. Here are some excerpts:

Presidential Daily Briefing (Obama)

Good morning, Mr. President-elect.

The situation in Iraq is incredibly fragile, with distinct factions in both Sunni and Shi'ite camps precariously balanced against each other. Violence could re-erupt at any moment. Civil discontent is high. Electricity and water supplies are still below pre-war levels and Iraqis are increasingly frustrated with the American occupation.

Presidential Daily Briefing (Bush)

Good morning, Mr. President!

Things couldn't be better in Iraq. Those people are just lapping up the freedom. Sources indicate that we have been greeted as saviors. The war has been won! Iraqis are thankful that the Americans are still present in great numbers to make their lives better and serve the cause of liberty.

Presidential Daily Briefing (Obama)

Iran is clearly working on developing the ability to manufacture nuclear weapons. We estimate that this will take at least six years. The situation requires careful monitoring, but we believe diplomacy and U.N. pressure is safer than even the limited use of military force.

Presidential Daily Briefing (Bush)

Iran will drop a nuclear bomb on Israel as early as next Thursday.

Presidential Daily Briefing (Obama)

North Korea has restarted its nuclear program. Kim Jong Il has suffered a stroke but factions vying for control of the government are fighting about whether to break with Jong Il's warlike tendencies or to develop a missile that can hit California.

Presidential Daily Briefing (Bush)

North Korea is still right above South Korea. Everything's just fine!

Presidential Daily Briefing (Obama)

The world economy is headed for even sharper declines. This will likely create more resentment and anger toward the United States.

Presidential Daily Briefing (Bush)

The need for oil continues to produce record profits for oil companies all over the world that will trickle down to enrich the temporarily depressed markets . Prices are low but there are some good values out there! Everything's fantastic! In response to your question about the world marketplace, Mr. President, it is still possible to get a good hamburger outside of the United States.

Presidential Daily Briefing (Obama)

We are entering very dangerous waters, with challenges regarding nuclear proliferation, the terrorist threat in Afghanistan, Russia's increasing tendency to use military force to expand its influence in defiance of the rest of the world, and other threats to the security of the nation. The present executive's disregard of some of our warnings and advice has greatly contributed to the current unstable and perilous world environment.

Presidential Daily Briefing (Bush)

Your policies have never been more effective! Things look grim, but they're really not! Peace and prosperity are just around the corner. Some day, history will recognize your utter genius. Good job, Mr. President!

Hurry Up and Wait

TWO YEARS. It's been two years of campaigning. The field of Presidential candidates was winnowed to twenty-six people.

You did not stand idly by during all this. You listened to speeches. You suffered through cable news. You watched countless debates. You were there when the twelve Republican candidates fell over themselves telling the GOP electorate how much crueler they would be to illegal immigrants than the guy standing next to them. (The sole exception being, if you can possibly imagine it, John McCain, who was practically booed by his fellow Republicans on the stage when he said you had to think about "human decency." The old John McCain.)

You initially supported Kucinich, in part because of his political stance, in part because he has a really hot wife. They look interesting when they stand together because he's about four feet high and she's six and a half. You continued to support him even when, at one of the debates, he tried to explain his sighting of a UFO when he was the Mayor of Cleveland.

The primaries lasted forever, right up to the summer. McCain ended up the GOP candidate by a process of attritiion. Hillary and Obama supporters stopped speaking to one another. There were twenty-eight debates between Hillary and Obama even though they had almost exactly the same positions on everything. The two would-be nominees spent millions and millions of dollars straining to say how they would close Gitmo differently.

And then the general campaign started.

You were exhausted. You needed a vacation. When you took one, the Democrats held their convention, and when you had to get the kids back to a new year at school, the Republicans held theirs. The GOP became the POP -- the Party of Palin. More debates, more speeches, mudslinging, name calling.

TWO YEARS. After 57 debates, 3027 pundits, 17 anchors, 400 newspaper endorsements and two town hall meetings, the time has finally come for you to

Wait.

You're going to be waiting today. Because we have fewer voting booths per capita than Iraq has ballot boxes.

Lawn chair.

Twelve kinds of ID.

Proof of Residence at Recently Foreclosed Home.

Proust's Remembrance of Things Past.

Laptop, DVDs of "Brideshead Revisited" and small portable generator.

Team of Lawyers (for help with provisional ballot).

401-k (to be shown to Republican standing next to you).

Four pound bag containing daughter's Halloween candy.

Video iPod loaded with Will I. Am's "Yes, We Can," The Who's "Won't Get Fooled Again," and Nixon's "I Am Not A Crook" speech.

Box of Tissues (for occasional bouts of tearful relief that nightmare of past eight years might soon be over).

Proof that Democrats Vote on Tuesday.

Courage

"Mission Accomplished" Banner (to be unfurled over voting booth upon finally emerging).

The small town of Dixville Notch, New Hampshire today decided a very close election when its twenty inhabitants resoundingly chose Barack Obama by a three to one margin, breaking a tie throughout the rest of the nation.

Polls had indicated that the nationwide contest would be close, and both candidates were forced to spend precious resources campaigning in this tiny "swing" hamlet of twenty registered voters. Obama and McCain have spent many days of the past two weeks camped out in this practically microscopic berg, Joe Biden spent seven days here, and Sarah Palin herself spent over $40,000 on clothes.

In a dramatic move, John McCain announced today that he was going to suspend his campaign in a last ditch effort to save his campaign.

McCain called upon Barack Obama to honor his "state of emergency" and also suspend campaigning, but doubted that Obama would do so because Obama failed to put "country first" -- and also, McCain said, because Obama is an Arab terrorist. "And a fine, decent family man with whom I have disagreements," he added. "And a crazy Muslim."

McCain's campaign has been described by critics and supporters alike as a total disaster. "Others would continue their campaigns under these conditions, but that's not what a maverick would do," McCain told reporters. "This is why I'm not popular in Washington." Others disagreed, saying McCain was not popular in Washington because of his unsightly nose hairs and what some called his "increasingly uncontrollable jowls," among other things.

McCain reiterated his latest campaign slogan, saying that he was "not afraid to fight," and that "America needs a real fighter right now," but that "it takes a real fighter to stop fighting because sometimes not fighting is more effective fighting than actually fighting." At that point, aides grabbed McCain and threw him headfirst into a waiting limousine.

Supporters applauded McCain's bold choice, saying that the candidate needed to act because things looked so dire. "He's not running for Miss Congeniality," said supporter John Gaffney of Ohio. "Although I can understand that to some outsiders it looks that way."

I've taken to twittering the debates, although I usually keep it a secret and tweet quietly in the corner. (If you don't know Twitter, check it out, there are some fun feeds there.) So come on in and subscribe to my Twittercast. It's like listening to me rant at the TV screen, except that I don't talk nearly as much. Or better yet, get yourself an account, follow me, and we can twitter at each other.

Other twittercasts I recommend are those of Bill Scher (LiberalOasis), Gina Louise Sciarra (Knitting Liberally), Pistolette (just discovered her -- she's funny), and John "PC" Hodgman.

Anonymous tipsters claimed to have spotted Secretary of the Treasury Henry Paulson earlier today on a secluded tropical island.

The FBI confirmed today that Paulson left the country early yesterday afternoon with what JetBlue Airlines called "countless heavy, fully stuffed duffel bags." There were so many duffel bags that Paulson paid thousands of dollars in excess luggage charges "without batting an eyelash," a JetBlue Airline official said.

The White House hastily released a statement Sunday afternoon saying that Paulson had "taken a brief vacation," and claimed that mobilization of a vast number of Air Force search jets over the entire Pacific was "just a military exercise." Nonetheless an unusual number of comings and goings at the White House and on Capitol Hill conveyed an air of panic.

An anonymous source claimed that Paulson had left a note in which he stated that he had concluded that "the American economy is no longer viable: I am going to make my own." President Bush refused to confirm that such a note existed, saying only that on Sunday, he rarely reads, but that "he would check his desk first thing Monday."

Lawmakers were putting together what they called an "emergency emergency" $350 billion "replacement" bill, which they promised would include even more oversight.

"This time we're using electronic monitoring," promised Rep. Barney Frank.

In other news, an unidentified bidder purchased the countries of Mauritius, Belize, and Tahiti as what he called "second homes."

Sarah Palin, plagued by polls indicating her dropping popularity and interviews with Katie Couric where she was so beleagured that she made Dan Quayle look brilliant by comparison, did an impression of comedian Tina Fey impersonating Sarah Palin at last night's Vice Presidential debate so that she could be "even more folksier and plain spoken."

Palin explained her affinity for Fey, who now regularly returns to Saturday Night Live to play Palin. "You know what I like about Tina?" Palin said, smiling and winking at reporters. "She's a mav-rick, you betcha."

Palin then extended her middle fingers and thumbs, pretending her hands were guns, and said "pyeuw!, pyeuw!" while making shooting gestures at the corners of the room. Tina Fey had done the same thing last Saturday on NBC, but used her forefingers. "I think middle fingers are more direct," explained Palin. "It's more the John McCain way."

Viewers were impressed with Palin's performance at the debate, some remarking how awestruck they were at the vitality of Palin's impersonation. "She really captured Tina Fey," said one viewer, an undecided voter from Allegheny, Pa. "I'm thinking of voting for her."

During last night's debate, Palin answered questions on topics ranging from the bailout of the domestic economy and U.S. military intervention overseas by repeatedly saying "Energy!" and "Mav-rick, dontcha know!" and winking at the camera.

Some viewers were not impressed by Palin's performance, however. "She didn't seem to really be answering the questions," said Floyd McGilla of Spitzen, Montana. "I think she need some of Tina fey's writers."

The White House, House Democrats, and recalcitrant Republicans searched vainly this weekend for a meme to replace voodoo economics, the Ronald Reagan policy which has ravaged the American economy, bringing on the greatest economic crisis since the Great Depression. Democrats and the Treasury Department, along with reluctant rank-and-file Republicans, settled on a plan hastily sketched out on a cocktail party napkin (pdf) at 3:00 a.m. Saturday night as an adequate substitute.

"We did it with virtually no thought," said Secretary Paulson and Barney Frank, who said that reaching an agreement was more important than vetting the plan upon which everyone was agreeing. "We have to restore confidence in the markets," they said.

John McCain parachuted into the talks on Thursday, where he sat, unable to free himself from his canopy, as GOP Republicans floated a new plan.

"Initially, we were intent on switching from voodoo to witch doctor economics," said House Minority Leader John Boehner, explaining the thinking of some Republicans. "But some thought that too similar an economic philosophy."

Another Republican explained GOP reticence to sign onto a bailout plan. "We're really uncomfortable with giving away taxpayer money unless it's to prescription drug companies or the oil industry," said Rep. Wayne Tasso.

"The fact is, this shows that 'voodoo economics' is a disaster, just like I said," said George H.W. Bush, who coined the phrase to describe Reagonomics, economics based on Reagan's belief that giving everything to the rich would fill the coffers of the poor. "I knew Reagonomics was bad in 1978, but it took my son to prove how much it really sucks."

You know how they say a picture's worth a thousand words? Larry Ray has the details.

President Bush compounded widespread concern about a domestic economy on the verge of collapse today when he announced that FEMA would coordinate the 700 billion dollar bailout of Wall Street.

"We have our best people on it," Bush insisted, causing the market to slide two thousand points late this morning. Bush and his staff expressed surprise that Adminstration assurances have done little to buoy confidence in the economy. "None of the folks in charge of the bailout ever worked with horses or anything," said a perplexed White House staffer.

Circumstances on Wall Street remained dire today. Thousands of traders and bankers have been without money, gold ingots, or economic power for almost a week now, and conditions in hastily constructed "trailer banks" have been horrible. "There are hardly any bathroom attendants here at all," complained one temporary resident, Preston Brunswick III, a complex derivatives trader who "barely cleared a million" last year.

Compounding the crisis, trucks full of relief money have been mysteriously stalled in Alabama, and FEMA officials were at a loss to explain why it was so hard to get the "Benjamins" to New York, where they are so desperately needed.

"We need that money now! We're barely able to expense out our lunches," exclaimed worried A.I.G. executive Gwen Driscoll. Driscoll fretted that her corporate American Express Platinum card was "being strained to the breaking point."

Meanwhile, Republicans warned that the allegedly Democratic-controlled Congress would take too much time debating a relief bill. "We need a lack of oversight, and we need it now," said Treasury Secretary Henry Paulson. "Before anyone has a chance to think about it."