Wednesday, March 12, 2008

All Is Well!!!

No really, everything is just peachy!

The Economy is strong, the dollar is mounting a massive comeback (and should not at all be worried about being de-pegged by foreign currency markets), Oil is cheap, the realestate market is strong and job growth is booming!


I'm reminded of some of the phrases that were thrown around when this current President was running the first time around. Things like "Thank God we have a business minded President, instead of a Lawyer" and "Wow, he's got connections with Oil companies and the Saudi's, Oil is going to be cheap!".

Weren't those good times? Hell, I can still remember gas being under a dollar a gallon and I've still got a few years before my 30th...

Well, what a fine mess we've gotten ourselves into now... The dollar is at $1.55 per Euro (102.32 Yen, down from 103.32 record low), oil prices have "fallen" to $107.28 (which is the lone bright spot here), and even hedge funds are reportedly losing out to the tune of 25% (honestly I would have thought that was damn near impossible to do)!

With all these negative economic and social trends (keep wrappin it up guys!), is now really the most appropriate time for Jack "Dr. Death" Kevorkian to be running for Congress?

(Didn't see that coming eh?)


Dewey, Cheatem, & Howe said...

Krugman seems to be thinking we're heading for a late 70s style recession/reorganization. As it is, I'm not looking forward to $4/gallon gas.

Jack Gonzo, MD said...

Anyone know where I can buy a horse? It might be cheaper soon