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
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
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