There are now only four days left.
Archive for September 2008
So practically everyone online has been in a self-congratulatory swoon since Election Day over the rout of the smug Republicans and the second coming of the virtuous Democrats.
Emphasis added by me.
I’m quoting something I posted November 12, 2006.
Where’s all that change, you assholes?
Oh right, Obama will bring it.
Drop your pants and bend over for it.
I was getting nervous because David hasn’t posted in so long, so I called him at home and his wife told me that he had a heart attack last Thursday night at about 10pm. Last Friday he had quadruple bypass surgery and is recovering. Evidently all 4 arteries were 90% blocked. David didn’t smoke and was primarily a vegitarian, but his wife said he has a family history of heart problems. She is hoping that he will be released from the hospital this Thursday.
Emphasis added by me.
I had wondered too. But I figured he had things going on.
Boy, did he!
Not Rothman’s ticker
Declines to extend invite for me to blog about their Sony Reader press event this Thursday.
All I’ve got to say is this.
Now, Sony, add up all my words.
Then add up all the coverage generated on Thursday evening and Friday.
Compared the wordage.
Then subtract all the eejit of Thursday and Friday coverage that disdains the Sony Reader against the Kindle or plain still doesn’t fucking understand the Sony Reader.
And you call yourselves PR experts?
Still time for Sony to learn: What Was Your ROS*, Palm?
Another personal interjection.
The Asian market did not have a bloodbath overnight.
Nor did Europe.
And the DJIA here in the U.S. did not go down the 805 points I felt it would today. It recouped more than half of what it lost yesterday, in terms of points.
Frankly, my head is spinning now.
If the advocates of rescinding a provision of that Act are to be believed, this is what’s preventing the “price discovery” Treasury Secretary Paulson has stated is essential.
Further, if that rule change was made, there would be no need for the proposed $700B bailout.
What Wall Street did today was shoot itself in the foot. After yesterday, people were shaken. Now it’s as if yesterday we watched someone jump out a window, bounce off an awning, slide to the pavement — and today the guy jumps to his feet, dusts himself off, and slowly walks away as if nothing happened!
So what the hell is going on here?
Credit markets — especially interbank overnight lending — remain frozen. Essentially dead. Central banks all over have become the tit from which they’re all sucking now.
How long can that continue? When do they get weaned?
And what does this mean for all of us?
There’s still Asia tonight, Europe overnight, and Wall Street again tomorrow.
And tomorrow — October 1st — we’ll see if this rumor is true or not.
I’m still sticking with my Countdown: Four days left.
“I shouldn’t say this, but I’m going to say it anyway. Screw the market! …. OK, I’ll take that back, not screw the market but let me tell you something,” conservative talk show host Rush Limbaugh said as part of his analysis of Monday’s events.
“When the government fails to pass a socialism bill and the market goes south, let it go south. I don’t want to pass a socialism bill just to protect the stock market,” said Limbaugh, by far the most popular host on U.S. radio.
Still deaf. And getting richer from the “socialism” of our airwaves.