Economy is doing fine, Kommissar Bush says.....but look at today's Bloomberg headlines:

[marmar]

•Producer Prices in U.S. Jumped 1.2% in July, Double Economists' Estimates

•U.S. Stock Futures Retreat on Concern About Inflation, More Bank Losses

•Housing Starts in U.S. Fall to 17-Year Low; Building Permits Decline 18%

•Home Depot Profit Declines for Eighth Straight Quarter as Spending Weakens

•Staples Says Second-Quarter Profit Fell 15% on Slowing North America Sales

•Lehman Brothers May Write Down $4 Billion in Third Quarter, JPMorgan Says


www.bloomberg.com



And the talking airheads on CNBC went on and on yesterday about how the economy is stabilizing.

[TheCowsCameHome]

1. It's standard operating procedure for the right.

Everything is coming up roses in their eyes.

[GoesTo11]

2. Too bad we didn't convert Soc Sec to a mutual fund 2 years ago.

Wasn't that the plan?

[billyoc]

3. "...CNBC went on and on yesterday about how the economy is stabilizing."

My toilet is pretty stable too, watch everything swirl away down the hole with extreme precision...

[Jim__]

4. Who you gonna believe, bush or your lying eyes? - n/t