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Dave Johnson

Dave Johnson

Posted: June 26, 2008 11:25 PM

Economy, Stocks, Housing, Oil -- How Far Can It Fall?


Which way will the economy go next? Here's a hint: I just read that it will cost the average family in the North East U.S. an extra $2000 to heat their homes this coming winter.

So you tell me -- is the economy going to be better? Are people going to be having a grand old spendup this Christmas season?

The public in 2000 chose to "elect" oil company executives to run the government. Immediately the Enron scandal ensued, with the obvious collusion of the recently-elected administration.

Then the public chose to re-elect them in 2004.

So let's not hear any complaining from anyone who voted for these clowns. OK?

Oh, and by the way, the National Debt, which was getting paid down quite rapidly before Bush was elected, is now approaching $10 trillion. That's trillion with a 't'.

Update -- And the government run by oil company executives is refusing to allow solar power plants on government land in the Southwest. Are you surprised by that?

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