Asshat is by no means just a replacement for the word 'asshole,' but at the current state of the economy there is no better word to compare it to.
1. A thoroughly contemptible, detestable person.
Best New Blog finalist - 2003 Koufax Awards
A non-violent, counter-dominant, left-liberal, possibly charismatic, quasi anarcho-libertarian Quaker's take on politics, volleyball, and other esoterica.
Lo alecha ha-m'lacha ligmor, v'lo atah ben chorin l'hibateyl mimenah.