Mugabe Confounds Onlookers:”Down with the British! Down with Jeffxa and his GuestiePosties”
People. If you have ever wondered if there was something wrong with the world, well, you’re officially right. Despite my extensive training* and Objectivist leanings, I have come to despise the Dow Jones and all those who invest there (i.e. everyone).
From the news I was perusing this morning – http://news.bbc.co.uk/2/hi/business/7354266.stm – here are some facts:
– Citigroup just announced a loss of $5,110,000,000.00 (+/-)
– Investors responded by… buying their stock and sending it up: “Citigroup shares rose 6% to $25.46 in pre-market trading before the official Wall Street open”
Allow me to assure everyone, if I managed to bungle a project to the tune of the entire annual economic output of the Republic of Guinea, I would probably NOT be given a raise of 6%. In other news, Guinea’s main exports include Bauxite… and corn… which indians refer to as “maize”. Another famous indian was Crazy Horse. In conclusion, Guinea is a nation of contrasts**.
* note: I know that stocks are valued looking forward, so don’t be that smug jackass who tries to make that point
** bigups: BBC and Wikipedia