Tuesday, October 28, 2008

UP, up, up!

Here we go up, up, up. This always gives the momentum to go down, down, down!

Thursday, October 23, 2008

Wall Street and Main Street

Wall Street is very concerned about Main Street.
Ridiculous foreclosure rates.
Very poor jobs data!
Results?
The Dow up 200!
Let's buy them deals.
Is there enough good whiskey?
christ, I have to order my 2010 Mercedes.
Those are things the Wall Street boys are worried about, not the Main Streeters!

Wednesday, October 15, 2008

What A Group

Tonight there's gonna be a jail break-lyrics by Thin Lizzy!
If I was listening to the comedy channel (CNBC) I'd here hiiilarious stuff like:
"The session ended off the lows of the day."
"I think we've hit the bottom."
"Is this capitulation?"
"It's time to buy some real bargains."
"They'll be bargain hunting tomorrow."
Those boys come up with some great stuff!
Look at this great stuff on the web sight:
"Dow loses 8% because of recession fears." No shit. We just figured out about recession fears today?
"Fed to cut more." How in the hell can they cut much more? They're down to nothing now. Do they really think that is going to work?
Surprise-Surprise-the Fed beige book sez the economy is weak!
I want to know who in the hell drove the market up 900 on Monday? They should be put in jail. Is there any chance it's the same group we're bailing out?
LOOK OUT BELOW!
BOMBS AWAY!
DUCK!
HIT THE DIRT!
HOLY SHIT!
OH THE HUMANITY!
WHERE'S MY GOLDEN PARACHUTE?
I AIN'T GIVEN THAT MONEY BACK!
YOU AIN'T GITTIN NO CANDY!
I'M TELLIN MY MOM!
I'LL SLAP THE SHIT OUT OF YOU!
DON'T SAY RECESSION GOD DAMN IT!

Monday, October 13, 2008

Thank Gawd

We're rich again. Everything is OK!
We'll be up 400, 500. 600, 700, 800, 900 today because the economy is cured, cured I say!
We've figured it out so we're going up, up, up! Woweee, we'ze rich, rich, rich!

Wednesday, October 8, 2008

RATE CUT!

Rate cut, rate cut, can't wait, rate cut, rate cut, it's great!
Here is the next way the market is saved.
Rate cut!
These ECONOMISTS have no idea what they are doing.
700 billion bailout?
Stocks down over 800 since then.
Rate cut! That will do it.
This is a different type of economic crisis.
The rules are changing.
Interesting article by David M Walker on CNN .com
He indicates the nations real tab is 53 trillion which is the sum of public debt, accrued military and civilian retirement benefits, unfunded , promised Social Security and military retirement benefits and other financial obligations.
He wants to know "who is going to bail out America?"
My point exactly!

Friday, October 3, 2008

They've gone and done it!

Bailout is passed!
Stocks didn't move much.
They're going to be moving soon-down, way down.
This bailout will have a short term effect.
When China start calling about repayment of these loans, Bushie won't take the calls.
They'll have to get a collection agency and attach his and Dick's wages.

Here we go. The final dive.

Bailout,Bailout,Bailout

Wells Fargo buying Wachovia.
Great, that's the way it's supposed to be done.
We're standing on the precipice.
If we don't get this right, we're in big trouble.
Getting it right doesn't mean this big bailout.

Do we understand what happenend in this housing meltdown?
Is the credit economy of the world a proper one?
What has happened? How did it happen?

No bailout, we're going to have to suffer and work through this.
There are no easy answers!