Tuesday, September 30, 2008

Stock Market: 401K losing value; becomes 106L

Here's the question of the day; Where's the bottom? Now, there are a few bottoms in question.

First, the financial bottom. As of this morning, Asian, Australian and European markets are in sharp decline. I'm sure there are a fair number of people (myself included) who are worried about the day ahead.

Second is the political bottom. It seems like John McCain is taking the brunt of it, perhaps unfairly. (In a way) It seems to me that John McCain embellished his role in the negotiations of a bailout package to reap the benefits, but now with it's collapse it is only criticism being served. It seems like a number of Republicans bailed on it after a speech by Nancy Pelosi. That is quite a petty reason to bail on a bill, albeit a flawed one. With that being said.... Nancy Pelosi, shut your mouth. Shut it. The speech you gave on the house floor was unnecessary and inappropriate. You lauded this bill as a great bipartisan victory. Did you really need to jab them in the eye while handing them the pen? Seriously. Back to McCain. Sensing desperation, John McCain decided to get angry. The problem in that his anger is not genuine, it's manufactured, and you can tell just by watching him. Johnny Mac---You don't come across passionate or concerned, you come across as disingenuous and condescending. Even your crowds seem disengaged. If I were you, I'd kick it up a notch. Pepper your town hall speeches with "Don't you fuckers get it?"

The bottom of politician intelligence and/or experience.

"Of concern to McCain's campaign, however, is a remaining and still-undisclosed clip from Palin's interview with Couric last week that has the political world buzzing.
The Palin aide, after first noting how "infuriating" it was for CBS to purportedly leak word about the gaffe, revealed that it came in response to a question about Supreme Court decisions.
After noting Roe vs. Wade, Palin was apparently unable to discuss any major court cases.
There was no verbal fumbling with this particular question as there was with some others, the aide said, but rather silence." http://www.politico.com/blogs/jonathanmartin/0908/In_reintroduction_Palin_to_do_more_interviews_and_tell_her_story.html

Nuff said.

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