Word of the Day

In a post that explains why the Russians are doing something better than we are, IOZ refers to Barack Obama as "The Elect". I love it.

The piece also delivers this excellent punch line:

In the end, best-case scenario, we have a much-reduced domestic auto industry slowly repaying loans at extremely favorable interest rates. Lemme repeat, for the cheap seats: that's the best case scenario. I mean, fuck Larry Summers. Why not just put Terry Gilliam at Treasury?