July 17, 2008

The Onion: Recession-Plagued Nation Demands New Bubble To Invest In

The Onion hits the nail on the head with a piece of satire on the state of the US economy.
A panel of top business leaders testified before Congress about the worsening recession Monday, demanding the government provide Americans with a new irresponsible and largely illusory economic bubble in which to invest.

"What America needs right now is not more talk and long-term strategy, but a concrete way to create more imaginary wealth in the very immediate future," said Thomas Jenkins, CFO of the Boston-area Jenkins Financial Group, a bubble-based investment firm. "We are in a crisis, and that crisis demands an unviable short-term solution."
Go ahead and read the whole piece. It would be quite hilarious if it wasn't so accurate.

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