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Showing posts with label Financial crisis. Show all posts
Showing posts with label Financial crisis. Show all posts

Thursday, October 9, 2008

Financial crisis: What me worry

Everyone knows that the stock market is taking a nose dive and the outlook for the U.S. Economy looks bleak. Financial panic is spreading across this nation, but is it really that big of a financial crisis? Of course it is, yet bad spending habits die hard. Are people cutting back on things that bring entertainment and small doses of happiness like movies or a starbucks latte? Not so much. Beverly Hills Chihuahua was the number one movie at the box office this week making over 29 million dollars. The movie got awful reviews with a 42 percent rating on Rotten Tomatoes, but still people took their kids to see Paris Hiltons talking purse pets chatter away in bad Hispanic accents. Maybe the majority of those seeing this movie are at the top of the wealth elite in this country, but I highly doubt it.

This is America and we're going to keep paying 6 dollars for Milk duds on our credit cards and seeing bad movies like the upcoming unnecessary High School Musical 3. So suck it Fannie and Freddie, stick it where the sun don't shine Lehman brothers, and hit the road you failed banks like Washington mutual cause main street missed your freeway off ramp of shame. What's another 80 trillion in debt? I'll pay you back tomorrow China I swear it right after the Gap clearance sale ends.