09 / October
09 / October
The Sky Is Falling

There is a certain hysterical mindset that sees every looming recession as the next Great Depression; every possible conflict, the next Vietnam War. Technically, we are not even in a recession. Save for that minor one we experienced in 1991, we haven't been in a recession--two straight quarters of economic decline--since the early 1980s, which is why some people can't discuss an economic downturn in a rational manner.

posted at 10:21 AM
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And the $100 Billion revenue-generating IBM just reported a 20% increase in 3Q PROFIT. Not revenue -- PROFIT.

But, that's not the kind of news that sells peanut butter and tampon commercials (sorry for that pairing).

Posted by: Homer J. Fong on October 9, 2008 10:37 AM

As you know, technique of the left my friend.

If things are good, the Dems lose so they consistently manufacture Doom & Gloom.

I find GOPers being a wee bit more optimistic.

Homer: minus the tampons, I like that general combination.

Posted by: asdf on October 9, 2008 11:13 AM

O stinks!

http://www.cbsnews.com/blogs/2008/10/07/politics/fromtheroad/entry4507703.shtml

Posted by: Thomas on October 9, 2008 01:54 PM

"I find GOPers being a wee bit more optimistic."

Yea, even though millions of people will never be able to retire now, they still say the economy is strong.

Optimism does not equal bold faced lies. And from what I have seen, the right has been the premire fear monger for the last 7 years, and now here comes Palin to keep it going.

"Who is the REAL Barak?" , if she had been paying attention in the last 8 months she would recognize how dumb she is for saying that. He has had the fine tooth comb treatment and she has been refrained from saying anything not spoon fed to her. Classic Freudian defense mechanism of projection.

Posted by: k on October 10, 2008 12:17 PM

Hey K.......... ;-)~

Posted by: asdf on October 12, 2008 04:46 PM
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