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Friday, 20 February 2009

Economic News:..........................by Rico.

Rejoice and celebrate!!!!!

Wotta guy! Only one month on the job and he's already helped the IRS collect over $150k in 'back' or 'unpaid' taxes...and that's only from his cabinet picks! I can only HOPE for more of this.

Meanwhile,
- jobless claims set a new record (the worst job losses in 50 years are still to come)
- the Dow closed at a six-year record LOW yesterday
- inflation is UP (big shocka there!)
- Ahnold's Kalifohnia is broke, causing them to raise taxes to record new levels and is considering a return to the muni bond market (I wouldn't touch them with bernie Madoff's money)

AND THE PUBLIC REACTS.....errrrr, ENTHUSIASTICALLY.

Let's ALL sing the praises of the HOPEy one now!!!

Hey, c'mon! What's the WORST that can happen when government "runs" things?


1 comment:

Minicapt said...

The Stimulus image is by Iowahawk: http://iowahawk.typepad.com/iowahawk/2009/02/with-apologies-to-magaret-bourkewhite.html

Cheers