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Showing posts with the label financial meltdown

Black Monday

Well, I guess I won't be looking at my 401k for awhile.  Wouldn't want to depress myself even further by knowing exactly how poor I've suddenly become.  Not that it was unexpected, of course.  After the debacle of recent weeks, financial markets all over the world were already collapsing in panic.  We probably haven't seen the end of it yet. And still our spineless and clueless politicians refuse to do anything positive to actually turn the situation around.  They are in an endless cycle of name-calling and blaming each other.  The Republicans' sole aim now is to defeat Barack Obama next year and if the economy of the country has to be destroyed to do that, well then, that is acceptable collateral damage.  The Democrats, on the other hand, as led by Obama, still seem deluded that bi-partisanship and working together to solve problems is actually possible.  When your opponent has no other goal than your total destruction, it isn't. Meanwhile, back...