Tuesday, December 2, 2008

Gird Your Loins!

Too much on the plate right now. Far too much.

Firstly last's weeks stock market rally was a stunning testament to human stupidity, group think, near sighted profiteering, deception, and cowardice...

Now it's tuesday and how's this for a return to reality:
Citigroup fell 22%, Bank of America declined 21% and J.P. Morgan Chase slipped 18%.

I repeat my new mantra:
The Markets will continue to fluctuate. The Markets will continue to fluctuate. The Markets will continue to fluctuate. But it brings me no solace. I feel banished from the desert.

I need to heal. But how to heal? I don't care how much quantitative healing Ben Bernanke thinks he is capable of. Ben Bernanke is a massage therapist and when the economy needs quadruple bypass surgergy a back rub will not suffice.

Will Obama's production of the rivals be a success? Hillary as Mrs. Malaprop is a very dangerous choice in my opinion. I'm not convinced she has the comic range to pull it off.

And now for a musical interlude:
SOME say the world will end in fire,
Some say in ice.
From what I’ve tasted of desire
I hold with those who favor fire.
But if it had to perish twice,
I think I know enough of hate
To know that for destruction ice
Is also great
And would suffice.

Articles we are reading:
Goldman Faces Loss of $2 Billion for Quarter
Somali Pirates Run Wild
Mumbai Could be Anywhere
Hillary Clinton Appointed Secretary of State
Wall Mart Employee Trampled to Death in Shopping Frenzy

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home