Visualizing Dow 6,000

[Crewleader]

The Road to Perdition
July 23, 2008

By MIKE WHITNEY

Last Wednesday, at an improvised press conference, George Bush gave what may have been the most comical performance of his eight year presidency. Looking like the skipper on the flight-deck of the Hindenburg, Bush tried his best to reassure the public that "all's well" with the economy and that everyone's deposits were perfectly safe in the rapidly disintegrating US banking system. Leaning lazily on the presidential podium, Bush shrugged his shoulders and said,

“My hope is that people take a deep breath and realize that their deposits are protected by our government. We're not seeing the growth we’d like to see, but the financial system is basically sound."

Right. "Breath deep" and chill out; no need to panic. One shouldn't let the long lines of anxious depositors who are presently trying to extract what's left of their life savings from the now-defunct Indymac Bank upset one's basic equanimity. The banking system is perfectly safe, you heard it from President Trickledown himself.

http://www.counterpunch.org/whitney07232008.html

[AndyTiedye]

1. Unfortunately, We're All Stuck on the Passenger Deck of the HIndenburg

[Double T]

2. But 'skipper', the bush/cheney Hindenburg economy is fully engulfed in flames..........

and crashing toward the ground; no jobs = no consumers = no economy.

[Xenotime]

3. Obama is the only way to go.