FUBAR

For those of you who don’t know, FUBAR is an acronym, military slang that means ‘Fukked Up Beyond All Recognition’

I ran into this post on Mish’s Global Economic Trend Analysis blog. http://globaleconomicanalysis.blogspot.com/

Personally I lean conservative but Liberal John makes a good point.
Vern

I was reading the article below while watching the evening news. http://www.safehaven.com/article-6148.htm It basically discusses the amount of capital we need to bring in every day. It started at 2 billion then 2 1/2 and now it is up to 3 billion a day. Am I the only guy that just finds this unfreaking believable. Then I started thinking you know I think the rest of the country including most Republicans in the house and senate are starting to say that the policies in Iraq are FUBAR. Probably Afghanistan also. Someone I read today said that these two spots could go down as some of the greatest foreign affair blunders in US history and rank right up there with some of the greatest blunders of western civilizaton. Ok, so lets just say the two places are major leagued freaked up and no one knows how to fix it. Then I started thinking, well everybody was saying those places were moving along ok (according to Washington) until the last couple of months, what if the same thing is happening in the economy. What if our economic policy is just as FUBAR as our foreign policy (I know that might come as no surprise to anyone here) and the wheels are starting to come off. How can we just act like nothing is wrong when one of America's business icons comes out and says it is losing $5 billion this quarter and next quarter does not look to good either and the market goes up. Have the pod people finally taken over everything? You know this whole thing is really starting to get a smell to it. Like rotting vegetation.
Liberal John