Wednesday, June 11, 2008

Gettin' Punchy

Subprime mortgage bubble bursts…the U.S. dollar fades against the Euro and other currencies…oil and gas prices rise with stunning rapidity…the stock market stumbles about for weeks like a drunk deacon…

How is it that all of this is suddenly unleashed on America when a looming national election threatens to unhorse the Republican Party, perhaps for many, many years? I know, none of these problems simply cropped up in the past six months, but their cascading body blows to our economy at just this time is hard to dismiss as mere fiscal coincidence. Somebody, frankly, is just flat out not minding the store…or is trying to burn it down.

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