Bull Market

Sic Transit Gloria Mundi
__________________

Iran's President Ahmadinejad is addressing the United Nations this morning. Same-same President Bush.

Before either commence their bloviations, let's be clear that the words of neither will pull the U.S. bacon out of the self-immolating fire. And Ahmadinejad certainly couldn't put our bacon in the fire. We are not implying that Iran is a client terrorist state, but rather, that our crumbling economy far outstrips terrorism as a threat to the stability of the United States.

Ahmadinejad will not have to talk about the dismal state of the Iranian economy. All he has to do is talk. He doesn't have to destroy the Great Satan.

The Great Satan is doing a "heck of a job" self imploding.