August 25, 2008

Stock Market Watch

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STOCK MARKET WATCH….From the AP today:

Stocks sank in light trading Monday as worries about American International Group Inc. touched off broader concerns that the deterioration of the credit markets will bring more big losses for financial companies.

Damn liberal media. Everyone knows the market is down because the start of the Democratic convention has Wall Street worried that Barack Obama might become president next year and wreck the economy. Don’t these guys ever stop shilling for their liberal darlings?

UPDATE: With my hand over my heart, I swear I wrote this post before surfing over to The Corner to see what professional nutbag Larry Kudlow had to say about today’s market swoon. Sure enough, he came through for me.

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AN IMPORTANT UPDATE

We’re falling behind our online fundraising goals and we can’t sustain coming up short on donations month after month. Perhaps you’ve heard? It is impossibly hard in the news business right now, with layoffs intensifying and fancy new startups and funding going kaput.

The crisis facing journalism and democracy isn’t going away anytime soon. And neither is Mother Jones, our readers, or our unique way of doing in-depth reporting that exists to bring about change.

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If you can part with even just a few bucks, please help us pick up the pace of donations. We simply can’t afford to keep falling behind on our fundraising targets month after month.

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