The Fed for Heads -- From Danny Schechter the News Dissector

Tweet End portion below; whole thing here:
http://www.newsdissector.com/blog/2008/07/13/special-report-are-we-facing-a-9-11-for-our-economy/

This approach is all too common At least one newspaper carried a rather unusual proposal. Peter Kennedy wrote on Oregon’s SalemNews.com:

“The mortgage market has crashed; gone to pot. The NY Times reports Freddie Mac & Fannie Mae stocks are crashing; who knows where they will be next Monday after the Fed buys-bails them out.

The dollar & stock market are falling; oil hit a new record high of $147 per barrel. Climate change and world food shortage and the wars continue. As a modest proposal, I suggest that Freddie Mac, Fannie Mae, the FED, McBush needs some marijuana to help them adjust their Eco-economic attitude. Perhaps a Joint Session of Congress would help.”

Yes, it had come to that. At least his cynicism was laced with humor aimed at….er…transcending the “situation.”