I read an article here
about the ongoing financial meltdown, which I thought might be interesting to others, as well.I know Yahoo News isn't the top of the rock, but it made sense, and commented briefly on a speech the president is to give in the Rose Garden today, which I expect will be another Rah Rah the economy is getting better every day" speech.
I've almost no doubt that once Bush is out of office the press will be allowed to use the word "Depression" instead of "Recession," to describe what is happening to worldwide economy as the global markets respond to the ongoing crash here in the USA. Naturally, the republicans will find a way to blame Barack Obama. It is going to take years to recover from this market crash, and by then dubya will be out golfing on the back eighteen. I can see the train coming, but I can't stop it. I keep hoping it's all a bad dream and I will wake up.
posted on Oct 10, 2008 4:23 AM ()
AJ