Thursday, September 8, 2011

Politics makes me grumpy

Mortgage rates have fallen to the lowest levels in four decades in response to continued international debt crisis concerns. So, at least we got that going for us. Now if we only had equity. Or jobs.

The ECB has vowed to keep rate hikes on hold, however they did not signal any additional liquidity measures were going to be implemented. But I’m sure, given the fact that they have a handful of countries teetering on fundamental insolvency that the “wait and see” approach will work out juuuuust fine.

Today we get to hear Obama discuss the process by when he will turn 300 billion dollars into jobs for Americans. I hear in the encore he’s going to tell us the secret of spinning thread into gold.

Mitt Romney and Rick Perry took some very eloquent pot-shots at one another during the Republican debate last night. I find this weird, as I’m fairly sure one is a clone of the other. I just don’t know who the original is.

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