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		<title>THE BAILOUT FOLLIES: DENTIST DUNS MCCAIN, A.D.C. TRIANGLE, BUSH BLAMES INITIALS FOR WALL ST. CRISIS</title>
		<link>http://heywoodgould.com/pages/?p=178</link>
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		<pubDate>Fri, 26 Sep 2008 23:21:31 +0000</pubDate>
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				<category><![CDATA[archives]]></category>
		<category><![CDATA[]]></category>
		<category><![CDATA[BAILOUT]]></category>
		<category><![CDATA[BARNEY FRANK]]></category>
		<category><![CDATA[COLLATERALIZED DEBT OBLIGATIONS]]></category>
		<category><![CDATA[D.C. OBAMA]]></category>
		<category><![CDATA[DICK CHENEY]]></category>
		<category><![CDATA[GEORGE BUSH]]></category>
		<category><![CDATA[GUANTANAMO]]></category>
		<category><![CDATA[HENRY PAULSON]]></category>
		<category><![CDATA[McCain]]></category>
		<category><![CDATA[NANCY PELOSI]]></category>
		<category><![CDATA[WAHINGTON]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://heywoodgould.com/pages/?p=178</guid>
		<description><![CDATA[DENTIST DUNS MCCAIN PHOENIX, Ariz, Sept. 26&#8230;Dr. Irwin Zahnsaggler says he&#8217;s &#8220;sick and tired&#8221; of John McCain&#8217;s excuses. The Phoenix endodontist began doing root canal on the Republican candidate three months ago. &#8220;I told John there would be discomfort at first, but it had to be done,&#8221; Zahnsaggler says. &#8220;He laughed and said after what [...]]]></description>
			<content:encoded><![CDATA[<p class="p2"><span class="Apple-tab-span">	</span></p>
<p class="p1" align="center"> DENTIST DUNS MCCAIN</p>
<p class="p1">PHOENIX, Ariz, Sept. 26&#8230;Dr. Irwin Zahnsaggler says he&#8217;s &#8220;sick and tired&#8221; of John McCain&#8217;s excuses.</p>
<p class="p1"><span class="Apple-tab-span">	</span>The Phoenix endodontist began doing root canal<span class="Apple-converted-space">  </span>on the Republican candidate three months ago.</p>
<p class="p1"><span class="Apple-tab-span">	</span>&#8220;I told John there would be discomfort at first, but it had to be done,&#8221; Zahnsaggler says. &#8220;He laughed and said after what he had been through a little toothache would be nothing.&#8221;</p>
<p class="p1"><span class="Apple-tab-span">	</span>But, after the first session, McCain jumped up, holding a tissue to his swollen jaw.<span class="Apple-converted-space"> </span></p>
<p class="p1"><span class="Apple-tab-span">	</span>&#8220;I feel like Dustin Hoffman in Marathon Man,&#8221; he told Zahnsaggler. &#8220;We should have used this technique in Guantanamo&#8230;&#8221;</p>
<p class="p1"><span class="Apple-tab-span">	</span>From then on McCain began canceling appointments.<span class="Apple-converted-space"> </span></p>
<p class="p1"><span class="Apple-tab-span">	</span>&#8220;When the Russians invaded Georgia he said he had to be at his post because we are all Georgians,&#8221; Zahnsaggler says. &#8220;Then when the Large Hadron Collider was activated he said he was going to<span class="Apple-converted-space">  </span>Geneva because we are all protons. Last week he canceled to go to Washington because he said we are all homeowners, especially Cindy. He just called and said he can&#8217;t make it today because he has to debate Obama&#8230;I realized then that he would do anything to avoid going to the dentist.&#8221;</p>
<p class="p1"><span class="Apple-tab-span">	</span>Zahnsaggler says he&#8217;s going to start charging McCain for canceled visits &#8221; because we are all Americans.&#8221;</p>
<p class="p1" align="center"><span class="Apple-tab-span">	</span><span class="Apple-tab-span">	</span><span class="Apple-tab-span">	</span><span class="Apple-tab-span">	</span><span class="Apple-tab-span">	</span><span class="Apple-tab-span">	</span>A D.C. TRIANGLE?</p>
<p class="p1"><span class="Apple-tab-span">	</span>WASHINGTON, D.C&#8230;Tempers flared yesterday when Treasury Secretary Henry Paulson made an unscheduled visit to the Democratic caucus.</p>
<p class="p1"><span class="Apple-tab-span">	</span>The party<span class="Apple-converted-space">  </span>leadership was debating a response to the Republicans newest bailout plan when Paulson walked in.</p>
<p class="p1"><span class="Apple-tab-span">	</span>House Majority Leader Nancy Pelosi greeted him with a smile. &#8220;Mr. Secretary, is that a bazooka in your pocket or are you just glad to see me?&#8221;</p>
<p class="p1"><span class="Apple-tab-span">	</span>At which point, House Financial Services Committee Chairman Barney Frank jumped up, snarling: &#8220;Back off, bitch, I saw him first!&#8221;</p>
<p class="p1"><span class="Apple-tab-span">	</span>Later in the day when Paulson&#8217;s plan was rejected by both parties, a &#8220;blogwag&#8221; opined that, &#8220;Paulson&#8217;s bazooka has turned into a derringer.&#8221;</p>
<p class="p1"><span class="Apple-tab-span">	</span>And the Treasury Secretary couldn&#8217;t get anyone to return his calls.</p>
<p align="center"><span class="Apple-tab-span">	</span><span class="Apple-tab-span">	</span><span class="Apple-tab-span">	</span><span class="Apple-tab-span">	</span><span class="Apple-tab-span">	</span><span class="Apple-tab-span">	</span>BUSH BLAMES INITIALS FOR WALL ST. CRISIS</p>
<p class="p1"> <span class="Apple-tab-span"></span></p>
<p class="p1"><span class="Apple-tab-span">	</span>WASHINGTON, D.C&#8230; During a tense emergency meeting on the bailout yesterday, staff members noticed President George W. Bush (B.A. Yale, MBA, Harvard) twitching impatiently. Then, while Secretary Paulson was explaining how CDO swaps had caused billions in losses, he erupted:</p>
<p class="p1"><span class="Apple-tab-span">	</span>&#8220;You can&#8217;t run a company by swapping CEO&#8217;s,&#8221; he said. &#8220;Let one man stay on the job. Be accountable like me.&#8221;</p>
<p class="p1"><span class="Apple-tab-span">	</span>&#8220;That&#8217;s CDO&#8217;s, George,&#8221; Dick Cheney said soothingly. &#8220;Collateralized Debt Obligations.&#8221;</p>
<p class="p1"><span class="Apple-tab-span">	</span>&#8220;Too many damn initials,&#8221; Bush grumbled. &#8220;That&#8217;s why nobody knows what&#8217;s goin&#8217; on.&#8221; Then, he<span class="Apple-converted-space">  </span>challenged the crowd. &#8220;I&#8217;ll bet none of you smartasses knows what pdf stands for&#8230;&#8221; There was an awkward silence&#8230;&#8221;How about url?&#8221; Bush said. &#8220;A lifetime supply of high test to anybody who can tell me what that means&#8230;&#8221;</p>
<p class="p1"><span class="Apple-tab-span">	</span>Later in the day when caffeine and fatigue were beginning to wear and Fed Chairman Bernanke was<span class="Apple-converted-space">  </span>droning on in his patented monotone, Bush whispered irritably to Paulson:</p>
<p class="p1"><span class="Apple-tab-span">	</span>&#8220;Does he know what he&#8217;s talking about?&#8221;</p>
<p class="p1"><span class="Apple-tab-span">	</span>&#8220;Yes, Mr. President,&#8221; Paulson whispered back. &#8220;He&#8217;s an expert on the Depression.&#8221;</p>
<p class="p1"><span class="Apple-tab-span">	</span>&#8220;Hell, we all know about depression,&#8221; Bush said. &#8220;I have days when Laura has to bring me a Twinkie and a double Carnation Instant Breakfast just so I can get out of bed.&#8221;</p>
<p class="p1"><span class="Apple-tab-span">	</span>Paulson turned to hide his pained look. &#8220;No sir, I meant the Great Depression of the &#8217;30&#8242;s.&#8221;</p>
<p class="p1"><span class="Apple-tab-span">	</span>&#8220;Well, if he&#8217;s been depressed that long, he should get help,&#8221; Bush said. &#8220;I&#8217;ve got a good man in Dallas, Doctor Kopfshtumpfer&#8230;Cured my daddy of the yips.&#8221;<span class="Apple-converted-space"><br />
</span></p>
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