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Wednesday, March 19,2008

Slam Dink

By Art Kumbalek

I’m Art Kumbalek and man oh manischewitz what a world, ain’a? And come to think of it, let’s hold on a cotton-fock-ing-picking minute here, stop the music, stop the music.

It being Holy Week this week, I felt behooved to take some time off from the day-to-day godforsaken rat race of modern American economics, and to bless myself with a retreatfully quiet period so as to observe and religiously fulfill the solemn task of completing my bracketform-thing for this year’s Men’s NCAA College Basketball Tournament, praise the lord.


Over the years of participating in these yearly collegiate bracket pools, I’ve learned that pissing away eighthours-a-day of company time on making my selections just wasn’t getting the job done, I kid you not. I need more time than that if I’m ever going to be truly serious about winning the buck two-eighty jackpot. For christ sakes, this year I’ve already spent more than 16 hours researching the #8 Indiana vs. #9 Arkansas match-up, and yet the best I can figure is that it’ll come down to a prayer.

So I got to go. It being Holy Week and all I suppose I really ought to choose a nice Catholic school as my choice to win it all—a Marquette, Xavier, maybe even Notre focking Dame. But screw that. This year I say “Go Badgers!” ’cause I’m Art Kumbalek and I told you so.

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Elections 2008
Obama seeks greater rein on financial institutions (AP)

President Obama makes a statement on AIG, Wednesday, March 18, 2009, on the South Lawn of the White House in Washington, prior to departing for a trip to California.  (AP Photo/Evan Vucci)AP - President Barack Obama says he wants Congress to pass legislation giving the government greater regulatory authority over financial institutions like American International Group.


Sources: Pentagon to stop forced tour extension (AP)

US Department of Defense handout photo shows an aerial view of the River Entrance of the Pentagon. The US military successfully shot down a short-range ballistic missile near Hawaii in a test of its ground-based missile defense system, the Pentagon said.(AFP/DoD-HO/File)AP - The Army will substantially reduce use of the unpopular practice of holding troops beyond their enlistment dates and will pay $500 to those still forced to stay in the service, defense and congressional officials said Wednesday.


AIG head shares US anger of bonuses but backs them (AP)

In a Thursday, Dec. 11, 2008 file photo, Edward Liddy, chairman and chief executive officer of American International Group Inc., (AIG), speaks in Hong Kong. Liddy goes to Capitol Hill this morning, March 18, 2009, where he'll reluctantly defend millions of dollars' worth of bonuses doled out to employees despite the company's need for a $170 billion government bailout. (AP Photo/Kin Cheung, File)AP - The chief executive officer of failed insurance conglomerate AIG acknowledged Wednesday that the company's multimillion-dollar bonuses were "distasteful" to many and had provoked a firestorm of wrath. "I share that anger," Edward Liddy, chairman and CEO of the American International Group Inc., said in testimony prepared for Congress.


Analysis: White House, Dems backpedaling on AIG (AP)

An AIG office building is shown Wednesday, March 18, 2009 in New York. Edward Liddy, chairman and CEO of American International Group acknowledged Wednesday to congressional interrogators that some of the insurance giant's executive bonuses are 'distasteful.'  (AP Photo/Mark Lennihan)AP - For the first time since last fall's election, Democrats and the Obama administration are backpedaling furiously on an issue easily understood by financially strapped taxpayers: $165 million in bonuses paid out at bailed-out AIG.


Pence: Return AIG donations (Politico)
Politico - House Republican Conference Chairman Mike Pence is urging politicians from both parties to strongly consider returning campaign contributions from AIG.
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Top Stories
AIG head shares US anger of bonuses but backs them (AP)

In a Thursday, Dec. 11, 2008 file photo, Edward Liddy, chairman and chief executive officer of American International Group Inc., (AIG), speaks in Hong Kong. Liddy goes to Capitol Hill this morning, March 18, 2009, where he'll reluctantly defend millions of dollars' worth of bonuses doled out to employees despite the company's need for a $170 billion government bailout. (AP Photo/Kin Cheung, File)AP - The chief executive officer of failed insurance conglomerate AIG acknowledged Wednesday that the company's multimillion-dollar bonuses were "distasteful" to many and had provoked a firestorm of wrath. "I share that anger," Edward Liddy, chairman and CEO of the American International Group Inc., said in testimony prepared for Congress.


Obama seeks greater rein on financial institutions (AP)

President Obama gestures while making a statement on AIG, Wednesday, March 18, 2009, on the South Lawn of the White House in Washington.  Joining him, from left are, Council of Economic Advisers Director Christina Romer, Treasury Secretary Timothy Geithner, and Director of the National Economic Council Lawrence Summers.  (AP Photo/Evan Vucci)AP - President Barack Obama says he wants Congress to pass legislation giving the government greater regulatory authority over financial institutions like American International Group.


Consumer prices rise by largest amount in 7 months (AP)

In this March 10, 2009 file photo, Doug Kemp, of Sturbridge, Mass., pumps gas at the Ell-Bern service station in Boston. Consumer prices rose in February by the largest amount in seven months as gasoline prices surged again and clothing costs jumped the most in nearly two decades.  (AP Photo/Lisa Poole, file)AP - Consumer prices rose in February by the largest amount in seven months as gasoline prices surged again and clothing costs jumped the most in nearly two decades.


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