Aug 8, 2011

Adults in the Room

I know, The  Dow fell  635 points, wiping out five and one-half per cent of all wealth invested in our 30 creme de la creme industries. Actually, things aren't quite that rosy. The broader NASDQ and S&P (Boo!) 500 declined even more.

As our president told us early this afternoon, this is mean and unfair, the spawn of unreasoning fear, panic, He calmly laid out the challenges we face and drew the new road map to prosperity. (It got a little hazy, but I think his route went through Spendmore,  NY;  Taxarichies, CA;  Upper Regulation, NJ; and Pixie Dust, CT.)

There's little doubt that His Obamaness, Secretary Geithner, Chairman Bernanke and key leaders of our congress will be in serious discussions tonight . They will produce plans. They will tell us about how their calm and dispassionate -- "adult," if you please -- decisions have lighted our path.

In other words, expect the Dow to slip another few hundred points tomorrow. If there's anything worse than panic and terror, it is the carefully thought-out decisions of the politicians we've been electing for the past few decades.
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Barefoot and pregnant?

No, Gentlemen, that's not a principle we should marry.

With a purse full of francs and something shooty in her garter, she made life difficult for Nazis in France. What more could we have asked of anyone?

RIP, White Mouse.

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Does Rick Perry read Mark Twain?

The Recording Angel enforces a powerful distinction between prayer venues.

Rick, I think the Angel will look favorably on your remark that we need help because government has proven it can't solve the problems government creates.

Other than that, you'll probably score poorly with all that arena praying for things to get better. It conflicts with secret supplications of the heart for things to get worse -- that they will get bad enough to sweep you into 1600 Transyl Pennsylvania.






Aug 7, 2011

Holy Moly, Mary, what else do you know about macroeconomics?

The Washington Post hawks itself as a newspaper, and quite a serious one at that.  This is historically accurate, even allowing for its dependably statist analysis of every conceivable topic.

But now? The newspaper presents the debt-limit fight in Captain Marvel form -- a comic strip which the editors almost assuredly wish you to take seriously.

End times defined:  That period in our national history when the Post makes Rush Limbaugh look intellectual.