Requiescat in Pace.

As world financial markets continue to fall, I thought now might be a good time to post something to take our minds off the turmoil…

… and so, a blast from the past — a questionable classic from the boom/bust 1980s. Culture Club performing I’ll Tumble 4 Ya…

… oops!

© 2008 Gary William Murning

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Wall St bailout: the deal is done – Times Online

“Republican and Democratic parties have reached an agreement on “the fundamentals” of a deal to bailout Wall Street, according to Christopher Dodd, head of the Senate Banking Committee.

Mr Dodds emerged from a meeting with leading American lawmakers to announce that he thought Congress could act within the “next few days” to pass a bill which would allow the Treasury to buy up to $700 billion of troubled assets in a bid to restore financial stability.”

Wall St bailout: the deal is done – Times Online.

I just love the bit about restoring financial stability. This may prevent a US economic depression, but a considerable recession is still well and truly on the cards. Financial stability is still a long way off, in my humble opinion…

© 2008 Gary William Murning

Five Phrases.

The following five phrases all fall into the “I never want to hear it again”-category.

1. Two rule-breaking housemates go to Big Brother jail.
2. And God created…
3. John Leslie.
4. I do not feel sufficiently committed to your material to offer representation.
5. Credit crunch.

Especially if they’re all used in the same sentence.