So…. Here’s The Thing….
It’s kind of like what Collective Soul said a decade ago, when things were just fantastic:
Are these times contagious?
I’m never been this bored before.
Is this the prize I’ve waited for?
These days, it seems like all my friends are depressed on account of the Depression. (Or the “recession,” for those ostriches who choose to bury their heads in the sand.) It certainly doesn’t help that CNN keeps slapping Obama into FDR’s car or that every reporter declares 600,000 jobs were lost today or the “Dow hasn’t dipped this low since 1929.” Good lord. No wonder no one is spending. I’ve stopped reading the papers. It’s all just widespread panic. Pretty soon they’ll be bringing polio back, too.
And the law firms. Wow. Who ever would have thought those blue-blooded Ivy Leaguers who were doing filings and writing law review articles about all those “complex financial instruments” would now be unemployed? And each day there are more and more layoffs. Where are the acquisitions? And where are freaking derivatives? I mean you always need lawyers, right? And what: associates doing paralegal work? They don’t know how to shepardize, much less tab and hole-punch briefing books. Geez.
The Depression takes its toll, after the jump.