Thursday, October 9, 2008

Enough disappointment to go around

Now THIS just might be the most depressing story of the economic disaster so far. Even more depressing than knowing your tax dollars are being used in a bailout that will facilitate further mismanagement, much like giving your drunk relative $500 to get him through as he promises to do better.

Another disappointing thing is see gas prices barely nudge down as oil prices tumble. Remember when oil prices would go up and gas prices would reflect it immediately. The industry said they were just at the mercy of the markets. So why are gas prices not going down proportionally as they did going up? See, now there are all sorts of "other factors" besides the price of oil at play. Awfully convenient.

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