House of credit cards…
Published by steve j September 30th, 2008 in generalbushism_hostile1Its coming down, folks. FTSE100 bombing again this-morning, trading suspended in Russia… Hard to know where this is going to end…
Things are as they ever were under this roof. I’m sipping a cup of tea, sitting scanning through an iTunes selection of some stuff I’m going to put on my new record - possibly even tonight when Foy Vance and I gather to finally drink the Nuits Saint-Georges I’ve been hoarding, and do some recording. We will laugh and have a good time, as always… but yet it seems the underlying system of Western capitalism really is crashing to the ground.
I find this tremdously exciting. Please don’t think for one second I’m sitting some immune position… I have no idea what to expect, but I’m just reacting viscerally to the news, and that’s how it feels. I probably won’t be saying that if my company goes under or we lose the house.
My favourite quote today, from the BBC:
But the president has been wholly ineffectual in the crisis so far and it is difficult to see how that might change, says the BBC’s North America correspondent Justin Webb.
No shit, Sherlock. Its embarrassing listening to that chimpanzee trying to commentate on anything, never mind take part in discussions to save the American economy.
I don’t watch the news anymore. Not that I did much before.
I’m a bit of a socialist at heart and there is a small piece of me which takes pleasure in hearing about falling of capitalism, rich bankers who have invested millions of pounds losing it all very quickly.
As for America - lets just hope they don’t vote in McCain eh.