Tuesday, September 30, 2008
Bail-out Schmail-out
Yikes! The US is facing financial collapse and a world recession because their government would not bail out the banking system! Isn't life wonderful. Didn't the stock market predict nine out of the last five recessions? Canada, the biggest trading partner of the US, has offered no solution to this crisis. We are feeling pretty smug since we avoided any financial meltdowns here when the Bank of Canada held back cutting interest rates. Hopefully the upcoming debates this week will discuss the impact this crisis has on all of us. I had a dream last night that here in the western world, as we kissed our houses and jobs goodbye and threw up our hands in futility, the Chinese hordes, shaking their heads at how stupid we were to become so dependent on them, marched grinning through our streets. Reminded me of a scene from War of the Worlds where the Red Weed creeps over the land. Another thought - I was wondering how long before America's new Madonna (read Madame Sarkozy), Sarah Palin, cuts her first album? I have a suggestion for her first song - "Love is in Control (Finger on the Trigger)"....I'm off to the train station to meet Rich . Have a great day everyone - things can't get any worse! gws