Friday, March 6, 2009

Soup Of The Day: Olivia Elton John

Another miserable week almost in the books as the Dow Industrial Average is now breaking below 6500 which puts it back in 1997 territory. The #1 song of that year was Candle In the Wind '97 by Elton John. His tribute to Lady Di. I can only hope the Dow is not headed to it's 1974 level when Elton originally released that awful song.

Let Me Up I've Had Enough, Ray

I don't sweat the Dow. Means nothing. The only variable that matters is percent unemployed. We stand at 8% which is chump change. For real pain, check this chart.

Reagan holds the record - 10.8% in November 1982...and it stood above 10% for damn near a year. Those were tough times. I remember living under a bridge for a while, there. It took two years to get back down to today's unemployed percentage. This is a cakewalk, so far.

And what song stood on top of the pops when Reagan was throwing everybody out of work?

"Physical" by Olivia Newton John.

Permission to retroactively kill myself, captain?

--Dave Soup Campbell and Ray Beyda both of the great American band, The Ks

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