In terms of a rate slash, on a Sunday evening. Because it’s Monday in the asian markets and now the London and Zurich and Paris and Berlin markets…
In six hours the markets on Wall Street are going to open, just from what’s already happened in Tokyo, Seoul, Taipei, HongKong, and Shanghai, and is rolling across the continents like a huge tsunami of Economic Doom, and early trades here, the Market is going to take a 200 point hit at opening bell.
In a sick ironic twist, the Bear Market is actually as of today a reaction to the Fed bailing out the Americans, the rate slash made it possible for J.P.Morgan/Chase to buy up … Bear …
The markets are now skittish across the world because “the Housing Bubble” the “we overbuilt for a decade and now the market is adjusting mr Bush was babbling about on Tuesday, is only the tip of a very large pimple.
So they cheated, lied, swindled and outright stole, and then got several Tax breaks on top of that… selling the debt on the Predatory Lending to finance other scams… and still other scams….
Did I mention the Chase group in that? why yes I did… they’re the ones who appointed Wolfowitz to be head of the World Bank just last year.
Now, I’m reasonably certain that Mr Bush had plans for what to do when the airborne fecal mass contacts the rotary atmospheric circulation device…
Plans that no doubt involved a quick resignation and being whisked off on the first available flight out of the country, with suitcases full of cash,…
…then spending the rest of his unnatural life in some Mediterranean villa, sitting around the pool drinking martinis with other exiled dictators…
Hey, there’s a Job Opening for him in Afghanistan, and he’s already expressed interest in filling the position!
Meanwhile the victims of this massive ripoff won’t get reimbursed anything.
The thieves who created the problem will have taken too much of the money for any to be left over, to distribute to their victims…
If all this sounds cynical and bitter, that’s only because I’ve calmed down a bit.
I was enraged, vengeful and hate-filled before.
And they wonder why people throw airplanes at their buildings.