RIP Washington Mutual (1889 – 2008)

Enough. I’m off to bed.

In what is by far the largest bank failure in U.S. history, federal regulators seized Washington Mutual Inc. and struck a deal to sell the bulk of its operations to J.P. Morgan Chase & Co.

The closing represents the demise of what once was the largest U.S. thrift but came to symbolize many of the worst excesses of the mortgage boom. Federal regulators said WaMu has suffered an exodus of $16.7 billion in deposits since Sept. 15, leaving the Seattle thrift “with insufficient liquidity to meet its obligations.” As a result, WaMu was in “an unsafe and unsound condition to transact business,” according to the Office of Thrift Supervision.

The Catholic League Releases a Statement About Witchcraft in Kenya

From Catholicleague.org:

“Witchcraft is a sad reality in many parts of Africa, resulting in scores of deaths in Kenya over the past two decades. Bishop Muthee’s blessing, then, was simply a reflection of his cultural understanding of evil. While others are not obliged to accept his interpretation, all can be expected to respect it. More than that—Muthee should be hailed for asking God to shield Palin from harmful forces, however they may be manifested. And for this he is mocked and Palin ridiculed?

Related:
Kenya mob burns 15 women to death over witchcraft



Mob Burns 11 Kenyans for `Witchcraft`

And video of Bill Donahue in search for witches.

Artist Sculpts Sarah Palin on Cornfield


From KTVB.com:

WHITEHOUSE, Ohio — You need to be airborne to fully appreciate a corny caricature of Sarah Palin near Toledo, Ohio.

A 16-acre cornfield has been carved up in the likeness of the Republican vice presidential candidate to form a tourist attraction’s fall corn maze.

The Butterfly House in Whitehouse is owned by Duke Wheeler, who says Palin created a lot of excitement in the campaign and he was hoping to generate some for this year’s maze.

(via Slog)