THE BLOG

Oct. 13, 2008, News Update

05/25/2011 12:50 pm ET

OCT. 13, 2008, NEWS UPDATE

Stock Market crashes. Dow Jones is now Down Jones.

President Bush speaks from Rose Garden to reassure investors. DJ average drops another 128 points. Maybe he should just bag it.

Market collapse ends worries about $5/gallon gas. But now you have to worry about 7000 Dow Jones average.

Your 401 K may be on its way to 101 K.

President Bush meets with European Finance Ministers to deal with crisis. European leaders call emergency summit for same reason. The end of capitalism as we know it?

Awaiting re-opening of markets, the only thing we have to fear is.....panic.

AIG seeking more federal money after getting $85 billion bailout. Guess they have some more executives they want to send on a $440,00 retreat.

Lehman Brothers arranged for millions in bonuses for fired executives before declaring bankruptcy. You could put not only lipstick, but mascara, eye shadow, face powder and Oil of Olay on AIG and Lehman Brothers, and they'd still be pigs.

In midst of global crisis, Iceland facing bankruptcy. It's one thing to bail out some banks and financial institutions. Who bails out an entire country?

Last month, John McCain "suspended" his presidential campaign to go to Washington to help rescue the federal "rescue" plan, aka bailout. Tuesday night, McCain and Obama both suspended their campaigns to go on television. One more debate like that, and the election may be called off.

At one point, McCain referred to Obama as "That one...." At least he didn't say "You people...."

How many times did McCain say "My friends?" (Answer at bottom of column).

How many times did McCain say "I know how to do that?" (Likewise).

Sarah Palin found guilty of ethical lapses in so-called Troopergate scandal in Alaska. Washington Monthly points out this means it's first time ever that both candidates on a national ticket were found guilty of ethical improprieties before the election (McCain for Keating 5 activities). History in the making right before your eyes.

McCain campaign manager says McCain and Palin not responsible for inciting fiery crowd anger at rallies. So when she says Obama "pals around with terrorists," she's hoping to calm them down? By the way, Sarah, that's no way to talk about U.S. Senators.

New York Times columnist David Brooks describes Palin as a "fatal cancer to the Republican Party." Wow, haven't heard talk like that since John Dean was in the White House.

GM and Chrysler reportedly talking about merger. Maybe they should be thinking about selling out to Toyota.

Super secret NSA reportedly listened in on phone sex calls from military personnel overseas. No wonder they keep it so super secret. By the way, they never heard terrorists talking about sex with a goat.

My friends, McCain said it 19 times.

He knew how to say "I know how to do that" 7 times.

And the number of times he said something interesting.......???

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