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Sunday, February 22, 2009

FT Weekend front page roundup: Saab Story Edition

Markets were shaken by speculation over the fate of welfare queens Citigroup and Bank of America. Honorary white person Barack Obama reiterated that he "wasn't" going to "nationalize", uh, "them", wink, just like he's "not" a "Muslim".

Pantsuit of Freedom Hillary Clinton paid homage to her masters in China. Human rights groups were disappointed she didn't condemn the government while simultaneously begging it for money.

The free-market nutcases in Sweden refused to bailout GM-owned Saab, which was forced to file for bankruptcy protection. Meatballs! Yea, I've got nothing.

Douchebag Texas bazillionaire Allen Stanford's ritzy lifestyle was laid out in court documents, so we can all marvel at how the other half percent live.

And Israel's Mexican president Shimon Peres tapped Binyamin Netanyahu of Likud to form a coalition government and not Kadima's Tzipi Livni, who won the most votes. Netanyahu then turned around and called for a national unity government with Kadima and Labor, instead of Avigdor Lieberman's Yisrael Beitenu, which was widely expected, by experts like me.

Netanyahu was picked because it was thought he was most likely to secure a majority in the Knesset, given the surge of support for right-wing parties. By opting for a unity government, he's completely sidestepped the logic for him to be picked in the first place, and it would be very hard to Livni to swallow being a junior partner to Likud since she won more votes. Labor, for its part, doesn't even seem to want to join any government, since it needs time to contemplate its own ass, which was handed to it.

In short, everyone fucking hates Joe Avigdor Lieberman.

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