Jan 7th, 2003

Please Quit Talking About the Economy

Every time the Smirking Chimp talks about jump starting the economy, my portfolio tanks even further. Is it possible to OWE money to a corporation in which you owned what once amounted to valuable stock? Yesterday the SC said he was going to do something and my stocks rose. Today he told the country what he was doing and they sank below sea level.

What can we deduce from this? That Wall Street has no confidence in trickle-down economics in this century any more than the last time the Bushies tried it. Oh, the late 80s. What a fun time that was. I got laid off from Citibank, along with about 20,000 (or was it 200,000) fellow employees world-wide. Yes, you remember those far off days, when yet another Bush (brother Neal, the one nobody mentions anymore) was doing the funky rhumba two-step with Silverado Savings and Loan.... Can you say government bail out of the S&L industry? Sure you can. And then you can remember what it was like going to the unemployement office every two weeks as you tried to find a job in the middle of a recession.

But, never fear. This is going to do wonders for the boys in Bush's smoke-filled back rooms. And while we're on the subject of how to fill the pockets of the already rich, how's about those new cars at the Detroit Auto Show? Bigger, heavier, faster and more in need of Saudi gas and oil than anything in recent history.

Hey, fresh air and water are highly over-rated commodities anyway, right?

Time to go home and drink.