the market

fantastic. the stock market has plunged again, the second time in three days. (ink below, sorry working off of safari which doesn't allow rf posts)

what does this mean. well from an environmental prospective, bush will just use this as another excuse to not regulate industrial pollutants. whenever an economic crisis looms, all the "pet" projects get quickly swept under the rug.

come summer, when the DJIA dips below 10K for the first time since 2001 (source?), bush will be pressed with how he can account for econmic failures and the growing cost of the iraq war. well, with the bush tax cuts still in effect for another 3 years and the war being paid for by cutting into medicare (and funded by the chinese) you better believe there will be a greater cry from coal producers to limit regulations to keep the cost of fuel low to help "jump start" our lagging economy.

this dip is the shot heard around the world for the great decline and fall of the american empire.


http://www.huffingtonpost.com/huff-wires/20070301/wall-street