Economic Hurricane Warning: Category Five
As our crew of presidential sweat hogs continued their mutual urination fest this morning, fear-induced anal seepage splattered the floor of every exchange and many a corporate boardroom.
As news of Lehman’s collapse and Merrill’s sale struck fear in the hearts of anyone with anything to lose, the gubmint strained its PR mechanisms to send out messages of hope, all with the same subtext: you’re all gonna die.
The Treasury Secretary sounded like a guy praising the Titanic’s hull structure even as he pushed old ladies and children out of the way to commandeer a lifeboat.
It’s not a good sign when the …read more
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