Monday, May 31, 2010

BECK ON BECK

Beck (not the musician) is an idiot. Obama's children are 9 and 11. This is two days after he demanded people lay off the family of Ms Palin and stated that families shouldn't be brought into political discussions. Hypocritical idiot.











BECK THE MUSICIAN IS AWESOME!

Thursday, May 6, 2010

WHERE ARE YOU?

It's been a very different time in my life. It will be discussed at some point. What I'd like to talk about though is what happened today in the financial world.

Riots in Greece. Greece is 1/5th the size of California. They didn't collect taxes, couldn't pay bills and are in a depression/bailout situation. Greece felt the bailout amount was not enough money, so the entire country went on strike.  In the entire world it's really not very significant. YET it triggers this. More bailouts needed for the E.U. *P.I.G.S.*  (click click) E.U. PIGS  and the stock market dumping. Where are all you people who argued that the market has no need for correction?

Proctor and Gamble fell flat on their face. 50% in 5 minutes is crazy for a huge stock to fall. It's  consumer products. NOT a volatile stock. It bounced back to 30% down. This was obviously a glitch, but the response  shows sentiment more than anything.

The bottom of the DOW today was at the level of September 2008.This shows how fast people are ready to jump ship and panic. I am happy to practice the fine art that I call "Cat Trading". Pouncing fast, fast, fast then OUT (kinda how I play poker as well)! A dip of this proportion has only happened 3 times in history.

What about the housing market? What about economic fundamentals? Employment numbers look great when you don't count the people that fell off the roster of unemployment benefits..

Don't EVEN blame this on Obama. This was in the works for years and years.The banks are going to be hit hard again.

Are we safe from inflation? Are we safe from a pending financial meltdown? How do you feel now? Are you even aware of what is going on outside of your house? This will effect and affect you.


These are things I'm thinking about today. I will address them in a new post soon.





CAN AMERICA AFFORD THIS?