First the good news, then financial crisis

Well, since everyone is still wagging about it, let's deal with the latest financial crisis before moving on to reality proper.

Not that the global credit crisis is not real. It's all down on real paper in the very badly kept bank books, right?

Anyway, let's just say that, while some of the failed banks - that's really what a badly supervised financial institution is - were being bailed out, it seems the industrial gurus in other sectors were salivating.

Now it appears that the venerable Chrysler - remember Lee Iaccoca's old turf? - and General Motors - Chevrolet Corvette's parent company - are asking for their own slice of the $700billion national bailout cake.

Hey, how about that? Did you know that you cannot misspell 'Iaccoca'? It;s in the online English spellchecker's lexicon - hmph, unlike my own name, just yet anyway!

And now, back to GM. How can the builder of the fabulous $100,000 ZR1 Corvette need money? Are people not buying? Whatever!

The next thing you know, even soap makers will ask for a bailout! What a neat way to blame the government for running down a company further when government sits on the Board after taking over such a lame company lock, stock, and barrel.

The good news? Well, just this: 'Independent presidential candidate Ralph Nader says he now holds the world record for most campaign speeches in a single day...he delivered at least 255 minutes of speeches in 21 Massachusetts communities on Saturday....'



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