Thursday, October 09, 2008

The DOW went down more than 600 points today

On September 15, the DOW was at 11,388. Today, less than one month later, it is at 8,579. That is a loss of nearly 25%. Some people are calling this a market crash -- whatever it is, it looks a whole lot like what a wise man named Karl Marx once described as the wild fluctuations that precede the "bust" in "boom-and-bust" economic cycles. The losses to Americans who were urged to invest in the stock market so they could one day experience a little peace in retirement can be measured in the multiple trillions of dollars. You, me, our parents, and friends, will all have to work a lot longer now, and for less than we expected, because Republicans chose to rip out the social safety net and replace it with a roulette wheel and a couple free drinks.

John McCain thinks we should keep talking about who Barack Obama had dinner with that one time.

WHERE IN THE FUCK IS THE PRESIDENT OF THE UNITED STATES?