How the World Works

By Andrew Leonard
Monday, March 17, 2008 09:09 PDT

George Bush's reality distortion field

The president addressed the economy Monday morning. Referring to an economic update provided to him by Henry Paulson, secretary of the treasury, he said:

You've reaffirmed the fact that our financial institutions are strong and that our capital markets are functioning efficiently and effectively.

How the World Works finds itself incapable of summoning up the appropriate level of sarcasm necessary to comment on this quote. Truly, the end times are nigh.

― Andrew Leonard

Posted in: Economy

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About How the World Works

A conversation about globalization.

Recent Posts

Is the Obama economic rescue plan a failure?
Swayed by GOP attacks, independent voters are abandoning ship. But the summer of stimulus love has hardly started
Are automaker woes skewing unemployment figures?
In the summer, the Big 3 usually idle factories and lay off workers. But this year, they're ahead of schedule
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