Dow Drops 733, S&P Down 9%, Worse Since ‘87 Crash
Wednesday, October 15th, 2008
In good news, oil is back to September 2007 prices. (In bad news, gas was still $3 a gallon then, so, uhh …) WHAT DOES IT MEAN. It means the numbers are finally coming in to back up the gloom. Nobody in the stores, no demand for gasoline as people have no jobs, no money, and use their car as a “rusty tent.” So, we’re back to Black Friday territory, from last week. DON’T EVER LOOK AT YOUR 401(k) AGAIN. MORE »
In good news, oil is back to September 2007 prices. (In bad news, gas was still $3 a gallon then, so, uhh …) WHAT DOES IT MEAN. It means the numbers are finally coming in to back up the gloom. Nobody in the stores, no demand for gasoline as people have no jobs, no money, and use their car as a “rusty tent.” So, we’re back to Black Friday territory, from last week. DON’T EVER LOOK AT YOUR 401(k) AGAIN. MORE »
If there was ever a time for an old-fashioned community meetin’ at the old town hall, what with the world comin’ to an end and such, that time is now, brothers and sisters. But, we can’t even do a Great Depression right, so get ready for a lot of inane questions submitted via Twitter on the Internet or whatever, as McCain prepares to challenge Obama on the question of whether black people should even be allowed to vote, let alone run for president. 