Friday, July 11, 2008

Nope, We're Not In A Recession, Virgina

The financial market has pretty much hit the skids today. Any progress that was made yesterday in the slight upswing was briskly escorted out the door and asked to never return.

Not only are Fannie Mae and Freddie Mac on the brink of total meltdown, but they sent the stock market tumbling to its lowest point in over 2 years.

And I'm sure somewhere, GWB is just smiling that stupid shit-eating grin of his and going about his pleasurable day. Grrr.

Can someone get Robert Reich on the phone and just hand control of the economy over to him? This Paulson guy seems about as helpful as pay toilets in a diarrhea ward.



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