16 September 2008

Dow down 504 points on Monday while McCain says economy is strong

The U.S. economy is not what it used to be. How I long to go back to those eight years of relative peace and undeniable prosperity under Bill Clinton's administration! Ahhhhh!

But that was then, and this is now.

Now we have the Republicans in charge -- you know, the "party of fiscal responsibility". And, not coincidentally, we have gas prices hovering at around $4 per gallon. And, not coincidentally, we have the mortgage crisis. And, not coincidentally, the economic chickens have come home to roost, so to speak.

And so yesterday the Dow closed down 504 points. There goes my 401(k). And probably yours too.

That's a big deal.

So is the fact that the Bank of America just bought Merrill Lynch in what the British newspaper The Telegraph calls "an act of desperation".

So is the fact that Lehman Brothers is going bankrupt.

So are AIG's woes.

And so is this nonsense with John McCain telling us that the economy is fundamentally strong.

Does he think we are all stupid?!

Of course, this is the same John McCain who admitted to us last year, "The issue of economics is not something I've understood as well as I should."

Duh! No kidding.

And what could he possibly know about the financial struggles of the average American today? McCain can't even remember how many houses he owns!

And yet McCain's trained monkeys have the nerve to accuse Obama of elitism! (Yes, that same elitist Obama who just recently finished paying off his student loans.)

It's just too cute. And disturbing. And scary as hell when you consider that McCain might actually be elected to the presidency of the United States of America.

Heaven help us.

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