Bill Maher on the EconomyThis is a featured page

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Bill Maher

The only thing keeping the economy afloat are Sarah Palin's shopping sprees.

The stock market had its worst week in a long time, and that's saying something considering recent history. Not only that, the stores are reporting their worst earnings in the last eight years, unemployment is at a 14-year high, car companies apparently are headed toward extinction. Today in Times Square, the stock ticker just said, 'What the f**k are you looking at?'

I don't know if you heard the news, but Wall Street now is a farmer's market. I don't want to say things are going downhill quickly, but Obama's new campaign slogan is 'Are you better off than you were four days ago?'

Do you have money in the stock market, because it dropped 20 percent in a week. This week, the biggest loss ever. But don't worry: President Bush has a plan to bail out the bailout.

He went on TV today to reassure the public. I don't know if it worked, because halfway through the speech two guys came in and repossessed the podium.

His big line was today: 'We are a prosperous nation with immense resources and a wide range of tools to deal with this problem. And he's right: he's a tool, Bernanke's a tool, Paulsen's a tool, Alan Greenspan, a huge tool.

So let's see, the country is broke. Listen to this: 60 percent of the people in America now say we are headed toward a depression, not a recession, a depression. We are in desperate needs of profitable industries we can tax. Um, now can we legalize pot?

Now [John McCain] voted for the bailout, which of course passed. ... They say it's going to cost every man, woman and child in this country 2,300 dollars, and if everything goes perfectly, soon, your money will be blowing to the banks so they can lend it back to the U.S. at interest. The free market works, ladies and gentlemen.

Is the sky really falling, or are they just trying to convince us? You know, Bush went on TV -- he's always a guy who inspires confidence -- Wednesday night, and he said, quote, 'America could slip into a financial panic. The economy is in great danger.' And he held a flashlight under his chin.

These financial shenanigans that have been going on…like today I was reading that they're now putting an end to something called short selling, which is when you borrow stock that you don't own, and sell it, hoping that it will go down so that you can buy it back at a profit. This was legal, but pot smoking isn't?

Morgan Stanley today was looking for a merger partner on eHarmony. I'm telling you. You know these Sunni militias in Iraq that we're bribing not to shoot at us? Now they want to be paid in Euros.

The federal government, you know them, they announced a plan to spend, like, a trillion of taxpayer dollars to buy out bad mortgages and debt. Wall Street was surprisingly enthusiastic about the plan to save their asses with other peoples' money. It was either that, or Sarah Palin's idea to sell it all on eBay.

The other financial genius, John McCain, said the fundamentals of our economy are strong, and then yesterday he wanted to fire the head of the SEC -- except you can't as president fire the SEC chairman, it's a non-governmental job. Sarah Palin said today one more gaffe from McCain, and she's going to drop him from the ticket.


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