The distingushed panel, known as “The Bubble Commission,” brought to bear their expertise in studying past bubbles, including the biblical Tower of Bubble and ancient Bubbleyonia.  Its main finding was that by living in a bubble himself for his entire Administration, and by aggressively using the power of the bubble pulpit, the President has effectively created a national bubble that rivals trapped greenhouse gases as a threat to our way of life.

The Bubble Commission took pains to point out that the “bubble bubble” was not limited to self-described Wall Street “Masters of the Universe,” but also affected bubble-gum chewing waitresses, who squandered their tips on high-risk stocks, instead of saving it for bubble bath to soothe their aching bones at the end of the day.

The panel also concluded that while most people are just starting to emerge from the bubble, both Bush and Cheney appear hopelessly trapped inside, as their exit interviews plainly indicate that they don’t know how to exit the bubble.

Indeed, even the original Bubble Boy from Seinfeld, who many blame for the housing bubble, has come out with a statement that he’d risk his life and leave his own bubble, in order to burst the bubble of Bush and Cheney, who “did more damage than even the Moops who invaded Spain in the 8th Century.”

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Buzzflash with Ann Davidow on A Nation of Bubbles, and Editor Mark Karlin speaks on It’s time to ban TV ads in elections.

Juan Cole with the latest on the al-Zaidi Shoe-Throwing Incident.

Hollywood Liberal with Chris Weigant: Make Wall Street Take The Same Deal The Autoworkers Get.

“HEY, CHECK OUT THESE TITLES: DEBBIE DOES DERIVATIVES, MORTGAGE BARE-BACKED SECURITIES, AND BERNIE MADOFF FUCKS THE LIFESTYLES OF THE RICH AND FAMOUS.”

Story here.