Showing posts with label Financial Crisis. Show all posts
Showing posts with label Financial Crisis. Show all posts

Thursday, November 6, 2008

The Great Financial Crisis Of 2008

Headline-Richard Fuld, Lehman Brothers CEO, Terminated.

And not a moment too soon! Otherwise, this man might have bankrupted the company.

I will admit, though, to being a bit surprised upon learning this news; I didn't know you could fire Satan.

But, on the bright side for Mr Fuld, maybe he'll now qualify for one or two of those Obama tax credits.

Wednesday, November 5, 2008

Great Financial Crisis Of 2008

The economy is in such a bad state that Delaware Senator Joe Biden had to get a second job, that of Vice-President.

Poor fellow.

Saturday, October 11, 2008

THE GREAT FINANCIAL CRISIS THAT NEVER WAS

The market will bottom out at 7,500.

At that point, people, as they've already come to mildly suspect, will begin to become even more convinced that things really are not that bad. Not "UNPRECEDENTED-FINANCIAL-CRISIS-SECOND-GREAT-DEPRESSION" bad, anyway.

Already, this Great Financial Crisis is failing to take shape:
Richard Fuld hasn't jumped from a window, not even a ground level window.
There hasn't been a run on the Bailey Bros. Building & Loan.
No one is giving up their cell phone, nor cancelling the text messaging package.
And everything, even...HOUSES! are still being bought and sold.

Besides, Americans now lack the intestinal and testicular fortitude to get through another Great Depression.

Things will get better.

And remember, Market Capitalism is smarter than you.