- Dow Jones
After a US stock market free fall the past two weeks (with the dow now below 9000 points), right before the weekend the Asian markets opened Friday with a crash not seen in decades. Keep an eye on your money today. I guess the government bailout, the billions in government loans, the billions in government stimulus checks, and lowering of the government interest rate isn’t doing the trick. Get ready to pay more taxes (if you have any money left) for the government to try to plug the hole they caused. Oh wait, it was the free market’s fault.
Like the last major national catastophe, when the world said “we are all New Yorkers” it is noted today deftly in the telegraph that We’re all socialists now, comrade.
Tickers
http://www.bloomberg.com/apps/news?pid=20601087&sid=apBR9iTfMQbI&refer=worldwide
Bottom Line – Why is it that we’re hearing from Barney Frank, Chris Dodd, Harry Reid (??), Nancy Pelosi, George Bush, John McCain, and Barack Obama on what should be done? Where’s the economists or anyone that has a track record of any kind of economic results or who has managed a business? The greatest economic crisis of our lifetime and the biggest set of lost political stooges concerned about re-election and protecting the institutions they drilled into the ground.
Kinda wishing you voted for Mitt Romney aren’t you?
