It’s probably a bad thing that Pam and I are both home, watching CNN.
The latest stunning drop of the Dow Jones Industrial Average has us both upset (her more than me, I think). Now, we’re in that ‘Can’t look away from this car crash’ mode.
This morning, we saw the head of Lehman Brothers, Richard Fuld, testifying to Congress. They brought up a slide, detailing the nearly 1/2 billion that he made in the last 7 years or so in salary, stock options, and who knows what else. Later, they showed helicopter flyovers of 3 of his homes in Florida, Colorado and California, as well as his $22 million Manhattan penthouse. I kep thinking of the line “It’s good to be the King”, said by Mel Brooks when he’s playing Louis XVI in ‘History of the World, Part 1″.
However, it was another Frenchman (or Frenchwoman) who came to mind a bit later in the broadcast. Wolff Blitzer had a call into Donald Trump. He asked the multi-billion dollar business magnate, socialite, television personality and John McCain supporter what Americans can do at this point. “Dream”, he said, “Dream of when things will get better.” He also spoke of how well he was doing, having closed a deal selling several properties to ‘The Russians’ and chuckled with Blitzer over the fact that he got his money before their market tanked as well. Earlier in the morning, I saw this comic, thanks to Darren Barefoot.
Marie Antoinette could not have put it better, Monsieur Trump.