Today’s Doom and Gloom Assessment

Welcome to Philthydelphia, the new rainforest.  If it’s not raining, it’s thinking about it.  Day five, no sun.  I think we got London’s weather (or we switched sides with Seattle).

Bank of America To Lay Off Over 30,000 “..as a result of its merger with Merrill Lynch and the economic downturn.”

What is the logical conclusion to this?  One World Bank?

AIG To Give Executives “Retention Payments” Instead Of “Bonuses”

We gave them billions.  They gave themselves Retention Payments.  Auto bailout, anyone?

Kaybee Toys to close permanently.

Somebody Shot Santa!

Auto Bailout Passes House, But May Get Stuck In The Senate

Translation: They put their pork in, now it’s OUR turn.

20% of teens say they’ve put nude pics of themselves online

This is the type of study that demands proof! [note to the National Campaign to Prevent Teen and Unplanned Pregnancy: putting up nude pics does not necessarily lead to pregnancy.  It just means they're a little stupid.]

Sony pays $1M to FTC for illegally collecting data on kids

“We figure it’s a down-payment for when we ask for our bailout.”