contradictions

Doug Henwood dhenwood at panix.com
Mon Jul 22 09:22:08 PDT 2002


These Yahoo breaking news alerts don't exmplify headline writing at its finest, but this one's a beaut:

At 11:55 AM -0400 7/22/02, Yahoo! Alerts - Breaking News wrote:


>WASHINGTON Bush seeks to reassure markets; backs Treasury Secretary O'Neill

Yeah, W, that's the way to go about it - back the MIA idiot O'Neill.

It's just hilarious to watch all these free marketeers demand reassurance from the government, and support for the market. If the damn thing was so right and beautiful going up, isn't it right & beautiful going down?

I'm working on a comparative history of bear markets for LBO #102 (which will, among other things, answer Steve Perry's questions).

Doug



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