Tuesday, August 02, 2011

Craptasm Complete And Armageddon Avoided-Except For The Stock Market

Whew! Thank goodness that the senate passed the hike in the debt-ceiling today.
By a vote of 74-26, the senate passed the bill that is supposed to bring about daisies and roses and the economy roaring back.
Oh, too bad that the stock market, the rating companies and it appears the American people are not buying any of it.
I do not want to beat this dead horse. But, this is simply a continuation of the bad economy that has plagued the United States now since 2008.
I know that some economists still insist that the economy is better now than say six months ago.
Epic, epic fail.
Unemployment is still over nine percent. The recent contentious vote was to raise a debt ceiling so that we can keep begging the Red Chinese to prop us up by buying our bonds. Inflation is on the rise. Go to a market and tell me that prices are not up. Not to mention gas. Government is on the march to contract the private economy.
That is why the recent exercise between congress and the White House was nothing but a craptasm (yes, a crappy orgasm but in no way sexual!). Makes everyone feel like they took a dirty shower before any of the nasty took place.
We all need to take a little break, regroup and start to make some serious efforts to get the economy going beyond anemia.
Hopefully, the stock market, the rating companies and the American people will show some ability to think about what happens next.
Meantime, enjoy the rest of the summer. Washington saved the day (insert laugh track here!).

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