FINANCIAL DOOMSDAY ON SCHEDULE

The BANZAI7 INSTITUTE  announced its Financial Doomsday Clock will remain at 11:59PM despite this week's announcement of the proposed "Volcker Rule." Reasons given were as follows:

• Rahm Emmanuel has no clue how to organize and execute a legislative offensive.
• This week's Supreme Court decision allowing corporate lobbying to go unchecked.
• Timmy Geithner will need to find a job after the dust settles.