We’re fucked.

In the past few months the market has lost forty seven percent of it’s value. Unemployment is a vertical dragrace. A precipitous ascent. These two items represent America’s testicles. The market and jobs is our nutsack. Balls meet vise.

There’s probably not a single business in this country that could weather a near fifty percent reduction in revenue and stay afloat. America, and the globe, are in huge trouble. We are in a free fall. I’m glad I have a place to go. There’s room for my stereo. Barely. Limited growing season, but that might change.

Bill Maher said that he always knew Dumbya had one giant fuck up left in him. Here it is on a platter. The mother of them all. Saved the worst for last. Where are the neocons on this anyway? Where the hell is Dumbya and Darth? Fucking clowns aren’t gonna do shit. They’ll wait it out and then take a walk.

A long time coming. Decades. Any fool with common sense understood our lifestyle wasn’t sustainable. The raw material we consume. The resources we exhaust and the pollution we spew.

I’m a little pissed my generation has to bear the burden. It matters not where the bodies are buried. If your at all curious, check your own backyard. Pervasive.

No one single action will solve this debacle. There is no magic bullet. We are in for a very long night.

Get ready, things are about to change.

Having said that, we need to tip the fuck out of Iraq and seriously slash defense spending. Pay the troops, take care of the vets, maintain infrastructure and walk away from everything else. Sounds drastic and it is, but once the DOW dropped below eight thousand and stayed there, the theoretical bottom disappeared.

This will take a decade at least.

Our Man is bequeathed a shitstorm of extraordinary magnitude. A cat five economic hurricane. I worry that he’ll spend his first term putting his fingers in holes as opposed to being able to move us forward. No matter what, the blood will make it to the stairs. Americans are impatient and stupid and I worry they’ll see it as an ineffective Presidency.

Bleak, bleak, bleak.

I’ve got ER on the plasma with the sound off and see that it’s pretty much the same. I learn US Attorney General Mukasey took a dive at the podium in front of the federalists. I see that gas prices are looking for bottom. This is not good news. Bear witness as the harbingers of doom testify.

It’s not just that we’ll be poorer. My ass is broke. I’ll find my own way out. I can deal with that. It’s the inevitable atrophy of society that gives me pause. Crime and corruption will enjoy a renaissance. We will be less safe from ourselves, never mind the mythical terrorists.

Get ready for an army of homeless. Abandoned vehicles. Fire. Food shortages. Fuel shortages.

See, I’m not looking to lower expectations, it’s just that the complexity and severity of what we all face is a long fast moving train with brakes that will take awhile. We might just aspire to counting ourselves lucky if we’re treading in the same water we are today four years from now. It may just look like a victory come 2012.

It’s bad.

Official brainspank prediction is that markets rebound enough tomorrow to prevent mass suicide this weekend. At least a few hundred points, probably four or five. Get ‘er up over eight.

See what I’m saying?

Drinks for my friends.

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