Tuesday, April 29, 2008

Two Recessional Points of View

6 Comments:

Blogger American Girl said...

I heard this morning on NPR that the phase II of the credit crisis will be thousands of businesses going under because they are have been living off bank loans and are not earning enough to pay them back.

Listening to Bush on CSPAN radio right now. He thinks FISA is bad. Wonder where he stands on The Constitution? Love listening to him speak. Sarah

11:02 AM  
Blogger Aaron said...

Bush is good for SECONDS of boundless entertainment--if one can stand listening for that long. (I usually can't--I have to turn it off.)

12:04 PM  
Anonymous Anonymous said...

Bush was on TV this morning talking about how mean old Congress won't let him explore for oil on national park land and such. His oil friends have been trying to get at those underground reserves for years. Problem is, just like Alaska, all oil they pull from the ground will go to China and Japan. He again lamented that no new refineries have been built in many years. He blames Cngress once more. Actually, no oil company dares to build more refineries because if the nation has plenty of oil by the law of supply and demand the price would fall. He said releasing the reserves won't help becaue it is less than one tenth of one percent of the world output. Uh Georgie boy, we don't want the reserves to be grabbed up by the world market but to be used here to lower the price. The U.S. oil fields are producing more oil than ever before now but it is being bought up by overseas markets instead of (perish the thought) used here at home to lower the price. Bush's plan: build more new-que-lure plants. Okay, that may work for those who need energy 30 years from now but what about now? Oh yes a Depression is on the way, I will cut my balls off and throw them in the Wabash river if the world doesn't go belly up financially very soon. Ed

12:21 PM  
Blogger Aaron said...

Remind me not to drink from that river! ;-)

3:06 PM  
Anonymous Anonymous said...

Believe me there are much worse things in there. It smells like piss. Most of the fish are dead. There are signs all along it's banks warning people not to eat any fish caught from it. Yet, it inspired our state song. "on the Banks of the Wabash far away". Ed

3:26 PM  
Anonymous Anonymous said...

imreading.blogspot.com; You saved my day again.

1:06 PM  

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