Thursday, January 15, 2009

Deep Merde

The DOW is poised to crash through into the 7000's.

Unemployment is surging and Bush is still the inexplicable president. We sowed our fate with Bush and now we a reaping the full blossom of a Bush economy.

Meanwhile we are subjected to media torture, wading though vapid articles on the Bush legacy, what Bush is going to do now that he is mercifully going to be out office, and Bush's final words on his miserable and utterly failed presidency.

This man is going out of office rich and smiling, show that to the .5 million that are unemployed this month and we are only half way through January.

CNN: Jobless claims surge
The number of Americans filing for first-time unemployment benefits rose more than expected last week to 524,000, breaking the half-million mark for the first time in 2009...

3 comments:

Glynn Kalara said...

The misery level is just starting to go up I got news for u. Welcome to what some day will be remembered as the "Great Recession." If you have a good job enjoy the ride it will be like watching a horror show all around u as friends and family fall off the bus and crushed under the wheels. Let's be honest here this is a lot like a ship sinking in mid-ocean and at the end it's every man, women and child for themselves. Like the Titanic the lifeboats are few and already filled and the steerage passengers ( most of us) have been locked down so we can't even get on deck to jump.

Jim Sande said...

Take action, everybody needs to reduce expenses as much as possible. Live a little closer to the bone. The ship is sinking so throw the heavy shit overboard to make the thing last longer and be lighter. This is my plan.

Glynn Kalara said...

I guess. The problem my friend is as Bob Dylan once said, " The vandals stole the handle so the pump don't work anymore." or something to that effect. Were all on our own.