Monday, March 17, 2008

It's the economy, stupid...

We went off-grid this weekend up to VT with Tom's company. Totally off grid except for watching snowboarding clips in the lodge while everyone else was skiing. Imagine my surprise to watch TV last night and hear the latest financial woes of Bear Stearns.

I caught up today with the NYT and Boston.com, and I just can't help myself. Read these clips from our fearless leader today talking about the economy.

"One thing is for certain, we're in challenging times....But another thing is for certain: We've taken strong, decisive action."

The president.....praised Paulson for working with the Fed and showing "the country and the world that the United States is on top of the situation."

"....Our financial institutions are strong....[and] our capital markets are functioning efficiently and effectively."

"When need be, we'll act decisively in a way that continues to bring order to financial markets,"

"In the long run, our economy is going to be fine....Right now we're dealing with a difficult situation."

Hmmm.....that and a quarter won't even get you a cup of coffee in this economic climate!

ps -- hey, I figured out how fun linking key words to articles can be!

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