s skippy the bush kangaroo

skippy the bush kangaroo



Friday, July 19, 2002

blue chips or cow chips?

readers of this space will probably be put to sleep to hear me still ranting about this, but, the market tanked again today. the cnn money page reports that the dow fell "390.23 to 8,019.26...lowest closing level since january 1998...seventh worst daily decline...in history. the average has lost 1,300 points in the last month...down 20 percent year-to-date. for the week, it's down 7.7 percent."

do you think that the nation's economic worries might hurt mr. bush in the polls? maybe.

arianna huffington, our favorite greek-american pundit, questions mr. bush's ability to handle the corporate scandals here. she says, "if bush were serious about sobering up corporate america, he would go cold turkey...supporting the sarbanes bill...authorizing the sec to release all documents connected to his harken deal; demanding the resignation of harvey pitt and...thomas white; and coming out in favor of treating stock options as an expense..."

but, hey folks, don't worry, because i'm sure mr. bush has got something up his sleeve to distract us all, even though some people don't think it would be a good idea.
posted by skippy at 2:58 PM |

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