I'd Jump out the Window, but I'd Probably Just Sprain my Ankle

Bill Ayers must have been in my retirement account, because it done blowed up. 

Jesus -- more absolute blood letting in the markets today.  The Dow is down 508 points, while the more significant S&P 500 is down 66 points, meaning that on a calendar year basis it has shed 32% of its value.  You have to go back to 1937, when it ended the year down 35%, to find a worse year -- and the 1937 results occurred after positive run ups of 54% in 1933, a modest loss of -1.4% in 1934, and then gains of 47.7% in 1935 and 33.9% in 1936.   

If Obama doesn't mention Social Security privatization a couple of (hundred) times tonight I will be sorely disappointed.   

I get the sense that even our friends in the media understand that this is not good news for John McCain.

Comments

[Voice o' Reason]

See? This is why I keep my retirement fund in old actual-copper pennies, in a big ol' mayonnaise jar hidden in my toilet tank.

(I have an Ace bandage if you need one for your ankle.)

[drip]

Ms drip has charge of the 401(k) around here and said last week that she'd gladly give it up if there was film of a few bodies jumping from the roof tops. Its fine with me. Remember in the last year of The Wire when Omar came back to life after a leap from the 7th or 8th floor, ready to kill and rob again? Lets hope some of these bastards get what they deserve.