“He'd offer you an egg if you promised not to break the shell.”
Wall Street in Worst Loss Since 2001
Officials Try to Stem Crisis — Fed Will Meet Tuesday
By STEPHEN LABATON
Despite reassurances by the Bush administration, stocks fell 4.4 percent on Monday, dragged by the bankruptcy of Lehman Brothers and the sale of Merrill Lynch.
The above is the headline from the online version of The New York Times this evening. What caught my eye were the first six words. Who would ever be reassured by Bush? His word and the word from anyone still employed by the administration is worth less than nothing. They have a track record from WMDs to Katrina of promising the world and delivering nothing.