9.24.2008

things lil bush said tonight:

1. the poor economy is the fault of overseas business
2. optimism in housing values is a miraculous innovation of the past decade
3. a mortgage SHOULD be secure. you should not have reason to believe when you borrow money from a bank, that the bank will collapse. but sometimes, the bank collapses.
4. our entire economy is based in real estate. who knew?
5. we should be afraid. we should have less confidence in our economy.
6. our community banks may fail.
7. "more americans could lose their jobs"
8. "our country could experience a long and painful recession
9. 700 BILLION taxpayer dollars ON THE LINE to bail out mortgage based securities. it's risky, but if it works, we'll "flow it back to the treasury"


things lil bush did not say tonight:
1. this war costs us over $1000 each SECOND. so far we've spent 557 billion on the war in iraq.

2. has any effort been made to improve our economy from within? there's a huge green push to buy local and support your local businesses. has this helped?
3. consumer confidence is nonexistent. how did it get this bad, and why now, and only now is it being addressed. this has been a problem since before 9/11.


i'm stopping here.
i made a promise to myself that i wouldn't watch until palin gets popped by a yeti.

i can't bear to watch the monkey wear rouge anymore.

2 comments:

Alex said...

My GF said to me over breakfast this morning, while watching the news, 'total collapse is imminent, isn't it?'

All I could do was nod, yes. As that's how it feels right now. :(

Sublimefemme said...

I just came across your blog and wanted to say hello to a fellow teacher. Come visit me sometime at Sublimefemme Unbound! Here's a post you might like:
http://sublimefemme.wordpress.com/2008/09/23/true-confessions-i-heart-teaching/