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.