Tuesday, January 22, 2008

My Pet Bull


Well, it seems Wall Street hasn't reacted with confidence to Dumbya's floated stimulus package, even after the Fed dropped the prime rate by 3/4 percent this morning. The Fed was hoping to stave off a precipitous NYSE market drop today, following 5 to 7 1/2 percent drops in Asian and European markets on Monday. Apparently, early indications are the boys on Wall Street aren't so sure about Dumbya's months- late- billions- short "flexible" (read: "desperate") $150 billion proposal. Even now, Dumbya's press suckertary, Dana Perino, is denying that we're headed into a recession, saying it's more of a "slowdown." In other words, Dumbya's over in the corner reading "My Pet Bull" to anyone who's still listening.

Photo: Dumbya's 9/11 "My Pet Goat" moment.

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