« Tracking Catastrophes | Main | The Slimfast Diet for Airlines »

Latest Stories

• Please God, Give Me One More Bubble
• Tracking Catastrophes
• New Africa ETF Worth a Look
• Freudian Fannie Finance Slip at Google
• Herb Greenberg Exits CNBC, Stage Left

July 14, 2008

Please God, Give Me One More Bubble

A popular bumper sticker after the dot-com collapse of almost a decade ago said something like this: "Please God, just one more bubble." Leaving aside that we had one more -- make that two more -- bubbles, and most people still didn't know what to do, it was amusing.

Here's the Onion taking that sentiment to the next level today:

Recession-Plagued Nation Demands New Bubble To Invest In

July 14, 2008 | Issue 44•29

WASHINGTON—A panel of top business leaders testified before Congress about the worsening recession Monday, demanding the government provide Americans with a new irresponsible and largely illusory economic bubble in which to invest. "What America needs right now is not more talk and long-term strategy, but a concrete way to create more imaginary wealth in the very immediate future," said Thomas Jenkins, CFO of the Boston-area Jenkins Financial Group, a bubble-based investment firm. "We are in a crisis, and that crisis demands an unviable short-term solution.

Read the rest here.

Sphere It   |   Digg it   |   Bookmark it   |   Stumble it