The Daily Snark 5/7

25% of the job growth so praised by the President last month came from McDonalds. When Bush was President, the media came up with a term to describe such low paying job "recoveries": McJobs.

The Euro bailout of Greece has failed. Greece is now paying higher interest (26%) on its two year debt than I do on my credit card.

Oil speculators lost money hand over fist this last week. Oddly, that didn't make the news; it only seems to be newsworthy if they are making money, which for some unknown reason is "evil."