What a shock,

as the markets TANKED (Dow down over 500) today, after falling 8 of the last 9 days. The only question I have is 'why did it take this long and why isn't it worse'? With the combination of the clowns in Washington and the lethal damage that Bush did to the healthy economy that he inherited, the world is FINALLY realizing what deep shit we are in, and it isn't pretty. Down and down we go and where we stop, nobody knows. The only happy campers out there are the leaders of the Repub party, whose plan is right on track. Contiue to wreck the economy, hope the sheep won't remember who did the damage and mindlessly vote out the party who tried to clean up the steaming pile that the Bushies left on the doorstep of our country. Thanks again, W.

Comments

ladyj said…
That is afterall the plan. Cause major damage and blame it all on the Democratic administration and make damn certain that Obama does not get reelected in 2012. That's been the entire focus of the Republicans throughout the past 2 years.
I am not a fan of how Obama has handled his tenure in office. He's made blunder after blunder. The 'Pubs have taken advantage of every misstep, but they are as much to blame for the carnage as the Democrats. To make government work, parties need to join forces and this has not happened as long as I have been following politics. That's why we are a sinking ship of state.
4:50 PM
Fam Guy said…
Totally agree w/the disappointment in Obama. Does he have a plan, by being such a pushover/sellout? The only thing that makes him look palatable is the alternative, with (R) beside their names.
6:26 PM
ladyj said…
Do we see any trust factor from the business front or Stock exchange? Oh we can say, it's the foreign markets that are makings everything shaky here in the US, however after the "fall" or the decision made by our Prez and the Pubs concerning the debt crisis, the market plunged. There will be no buying, selling, hiring. We have a double recession, folk! Not what the boys in DC wanted OR is it? It doesn't take a Math student to understand that taxes have to be raised. In this country, we all know who the hell the rich are and who the hell the rich have on the payroll to keep from having their taxes raised. If you give Congress an inch, they will take a mile. It's the American way!
I am told stocks are being sold and turned into cash, deposited into banks. Now banks are charging more to the customers to keep the cash in the banks. Who owns the banks?
10:47 AM
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