Monday, August 08, 2011

Head in hands day (H-I-H), part II

headinhands_080811
August 8, 2011 was an officially designated H-I-H day.

The arrival and passage of August 8, 2011 gave everyone a literal case of the Mondays. The stock market plunged 685 points (5%) with global insecurity focused on Western Civilization's hollow finances. Spain and Italy are primarily to blame, with the U.S. right behind in a neck-to-neck race to the bottom. Gelato can't fix this one, kids.

20110809_MARKETS_337-slide-WRAE-hpMedium
Curves like that don't lie.

The bad news was followed by a lot of media outlets encouraging everyday people to not attempt to liquidate their investments. It's the same thing we heard three years ago, and frankly feel like I got to believe this fairytale to keep sane and not start screaming at strangers on the MAX.

The comforting thing about all that happened today and in the weeks building up to it was we got what was coming to us. It would have been quite ridiculous to have gone through all that angst and bitter public debate for NOTHING. We made our beds, now we sleep in them - even if it's a leaky-ass, skanky waterbed that David Wu keeps in his basement.

water-beds_2
Nice bed spread.





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