Sounds Farky, but this is a headline from BuzzFlash:
Manufacturing index drops to 26-year low. That's because the only thing we produce now is the dice that they use to roll the economy on Wall Street.Loaded dice.....
December 3, 2008
Headline of the Day
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2 comments:
I think one thing that should come out of this banking fiasco, is no gambling on the exchanges. Hold for at least 30 days. No leveraged purchases. No selling short. It's buy and hold, mofo.
I think 'anonymous' above is on the right track -- those are just some of the rule changes necessary in the financial world. Re-instituting things like the Glass-Seagal (sic?) act will also need to be done. Trouble is that I don't believe there's quite enough political motivation YET to make these really MEANINGFUL changes -- there's still too many of the hard-core Ayn Rand free-marketeers about, so they'll just fiddle-fuck around the edges for awhile until we get in REALLY dire straits. Hopefully we won't be TOO deep in the water and we'll still be able to recover, but it'll just take that much longer...
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