Sadly, the title of this blog isn’t even something I made up.  It’s a direct quote from President Bush in his address to America on Wednesday evening.

And he’s right.

Hell, even a blind man could read that freaking message on the wall.  Banks are failing.  BANKS! And the government is having to step in to keep them open!

But we’re not in a recession.  Oh no.  Not at all.

Even our illustrious President clearly stated in his address, “Ultimately, our country could experience a long and painful recession.”

Could experience?  Could?!  What, pray tell, do you call what we’re in right now?  Happy Fun Time Land?

I believe when banks collapse, people can’t afford to even live in their homes, and the entire economy fails, it’s called a depression.  I mean here we are, quite literally sitting on the very thin line of a modern day “Black Tuesday”.  But no, we’re not even in a repression according to the people in charge.

How much longer are we going to take this bulls__t?!

If President Bush wants to throw $700 billion at solving the problem, hell, he should have done it months ago.  I’m all for it!

Where are we going to get that kind of money?  Well, gee, there’s this war over in Iraq that has cost us at least that much already.  Bring the troops home and tell the world sorry, we ran out of money.  Because, well, we did!  How do you think we got into this position in the first place?

Oh, right, what the President said.  It was all just those mean nasty banks giving people loans for houses they couldn’t afford.  Yeah.  That was it.  Riiiiiiiiiight.  Nothing at all to do with insane spending on a questionable war that was supposed to be over in no time and only cost $60 billion.  No.  The economy is failing because banks gave people loans.  Yeah.  And President Bush’s proposed solution then?  Have the government buy the mortgage-backed securities so that banks can … give out more loans.  Hmmm.

I have one question, President Bush.  So if mortgages were really how we got into trouble in the first place, then how is freeing banks to give out more of them a solution to this problem?

Methinks I smell a huge heaping pile of horse hockey.

But at least I do have to agree with the President on one thing.  The government really needs to step in now and do something.  I even agree with their solution, more or less.  Though I think it’d be even better to pull the troops back home and declare peace.  Then create some serious government-funded work programs to restore the nation’s decaying infastructure (like our roads) so that people have jobs.  And then put in some pork-tying regulations in place and bail people’s butts out.  Or do it all at once.  Just so that they target the real cause as well as treat one of the symptoms.

What has any of this got to do with technology?  Not much.  But it’s now and it’s important.  Though, if anything, I could complain how greatly unusual it is that I have to go to an Australian website to find breaking news on this.  It’s midnight, on the day of.  What?  No major US news source thought it’d be a good idea to listen to the address and write something quickly?  They’ll just hand in their piece on Thursday, the day after? Has news in America really gotten that lazy?  Google sure seems to think so.  How odd.

Luckily I’m at least smart enough to go to places on my own.  I don’t need news feeds to trickle through.  For example, another victory for technology, over at the New York Times is a video of the President’s address as well as a transcript.  How nice!  Isn’t technology grand?