Tuesday, September 16, 2008
Political Humor of the Day
While the financial house of cards was collapsing yesterday, I got a bit of gallows humor out of this in yesterday's New York Times:
The merger would combine Bank of America’s banking and lending strength with Merrill Lynch’s wealth management expertise."Wealth management expertise"? A company whose stock fell from a value of $100 billion to $50 billion in one year? I don't know about you, but even though my wealth isn't in that neighborhood, I'd like it "managed" a little better than that!
Not to worry, though. The "fundamentals" of "our economy" are "sound." I keep hearing that, so it must be true. Too bad the "sound" is "crash!"
