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Monday, September 15, 2008

McCain: "the fundamentals of our economy are [still] strong...." 



WTF? This dude just doesn't get it. The Dow dropped over 500 points today and out of nowhere over the weekend, investment bank Merrill Lynch decicded to put itself up for sale. Peep game if you haven't been paying attention....

Wall Street in Worst Loss Since 2001 - "In another unnerving day for Wall Street, investors suffered their worst losses since the terrorist attacks of 2001, as government officials raced to prevent the financial crisis from spreading." [NY Times]

Related:

Former Fed Chairman Alan Greenspan: "Country can't afford McCain's tax cuts." [USA Today]

Previously:

Former McCain campaign economic advisor Phil Gramm call America "a nation of whiners" in a "mental recession."

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